AGNC Investment Corp. [AGNC] Stock Forecast

My goal is to create a low-maintenance passive income portfolio. AGNC Investment has an alluringly high 15.8% dividend yield.

In the most recent trading session, AGNC Investment (AGNC) closed at $9, indicating a -0.88% shift from the previous trading day.

One of our investments finally rallied into our neutral range. Shares were a strong buy frequently in the last several months. One position resulted in a 26.7% return. We're highlighting an alternative share with a better risk/reward profile. I also closed out one of my preferred share positions, resulting in a 21% return for about six months.

U.S. equity markets notched a fifth-straight week of gains as benchmark interest rates continued a decisive retreat after economic data and comments from Fed officials fueled bets on a pending pivot. Advancing for a fifth-straight week since dipping into "correction territory" at the end of October, the S&P 500 gained another 0.8% on the week, while Mid-Caps and Small-Caps gained 2%. Lifted by the rate retreat, real estate equities were again the leaders this week. The Equity REIT Index rallied 5.0% this week, extending their rebound since late-October to nearly 20%.

Bill Gross sees a potential high-return opportunity among mortgage REITs. The sector has been abysmal over the past decade.

Early Friday futures suggest stocks will start December on a cautious note. The last month of the year tends to be positive for Wall Street, though it will be some feat if it can beat November's 8.9% jump for the S&P 500 SPX.

AGNC Investment (AGNC) reported earnings 30 days ago. What's next for the stock?

Dividend investors have to be careful not to get sucked into a dividend trap, focusing more on yield. Realty Income has a long history of dividend increases and a yield much higher than the S&P 500 index average.

Despite big yields, these shares are still cheap. Fat dividends that grow with short-term rates are a nice hedge. The yields are between 9% and 9.5% today, but they are due for a big dividend increase starting in March 2024. Bigger dividends should increase valuation.

The most important bill you'll usually pay? Your mortgage. Mortgage-Backed Securities values have swung wildly in 2023 as rates climbed swiftly; currently, they trade as a discount to PAR. I am collecting outstanding income knowing MBS values are set to rise swiftly.

AGNC Investment Corp. is a US stock , located in Bethesda of Md and trading under the symbol AGNC

3 stock analysts have 3 predictions with a medium analyst target price of $11.59. The lowest prediction is $10.28 and the highest is $13

AGNC Investment Corp. stock price is $8.9099 today.

Yes, AGNC Investment Corp. is a publicly traded company.