![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
AGNC Investment Corporation | NASDAQ:AGNC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.02 | 0.19% | 10.39 | 10.38 | 10.40 | 16,292 | 12:39:47 |
www.bedfordreport.com/AGNC
www.bedfordreport.com/IVR
Several mortgage REITs are trading close to 52 week lows at the moment as analysts consider these companies at risk from the potential downgrade of US government debt. Agency Mortgage REITs such as American Capital Agency have portfolios made up principally of mortgages insured by the federal agencies Fannie Mae, Freddie Mac and Ginnie Mae. A downgrade in US debt would make paper from these federal agencies suffer a downgrade along with most other government-related bonds.
According to Jon D Markman, editor of Strategic Advantage, if the paper is downgraded their prices will drop and yields will rise. "When the price of collateral drops, a holder has to put up more money or other paper to replace that value -- much like a margin call," argues Markman. Markman adds that these kinds of developments can lead a REIT to cut back on its dividend.
The Bedford Report releases stock research on REITs so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.
Earlier this week American Capital Agency reported net income for the second quarter of 2011 of $177.8 million, or $1.36 per share. Taxable income for the second quarter was $1.56 per share, or $0.20 higher than GAAP net income per share for the quarter. Presently the company pays an annual dividend of $5.60 per share for a massive yield of around 19 percent.
Invesco Mortgage Capital currently pays an annual dividend of $3.88 a share for a yield of around 18.5 percent. Yesterday the company posted 39 percent year-on-year increase in quarterly net income, driven by an increase in average earning assets as the Company invested the funds from the follow-on common stock offerings completed in March and June 2011.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: The Bedford Report Email Contact
1 Year AGNC Investment Chart |
1 Month AGNC Investment Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions