AGNC Stock Underperforms Broader Market Despite Analyst Optimism
• AGNC Investment (AGNC) stock fell 1.43% while the S&P 500 fell 0.57% and the Dow gained 0.07% • AGNC shares have risen 8.04% over the past month, outpacing sector and market gains • Analysts expect AGNC's upcoming earnings report to show a 33.78% decline in year-over-year earnings • Revenue estimate for the quarter is $351.34 million, up 1305.34% • AGNC currently has a Zacks Rank of #2 (Buy) and trades at a Forward P/E of 5.02, a discount to industry average