AGNC Investment Corp. (AGNC) Stock

AGNC Investment Corp. (AGNC) is a Real Estate stock trading at $10.91 (as of 2026-08-21), with a market capitalization of $12.52B and a trailing P/E of 5.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

AGNC Investment Corp. is a U.S. real estate investment trust (REIT) that invests in residential mortgage pass-through securities and collateralized mortgage obligations whose principal and interest are guaranteed by U.S. government-sponsored enterprises or agencies. It finances these investments primarily through collateralized borrowings structured as repurchase agreements and distributes taxable income to stockholders to maintain REIT taxation.

Understand AGNC Investment Corp.: how it makes money

AGNC Investment Corp. is a U.S. REIT that invests in residential mortgage pass-through securities and collateralized mortgage obligations backed by U.S. government-sponsored enterprises or U.S. government agencies, and it makes money from the returns on those mortgage investments funded primarily through repurchase agreements.

AGNC’s profit model is built around earning returns on agency guaranteed residential mortgage securities while relying primarily on repurchase agreements as its main funding source.

Business quality (Weak): Clear business description and funding/investment structure, but the provided data does not include reportable segment breakdowns or operating KPI labels, limiting how precisely we can track performance drivers for retail investors from the facts given.

Valuation: At 8× earnings, AGNC trades 76% below the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

Agency and government-related mortgage backing: AGNC invests in residential mortgage pass-through securities and CMOs for which principal and interest payments are guaranteed by U.S. government-sponsored enterprises or U.S. government agencies.
REIT tax election: AGNC has elected to be taxed as a REIT under the Internal Revenue Code of 1986.

Bear case

Funding concentration in repurchase agreements: Because AGNC funds its investments primarily through collateralized borrowings structured as repurchase agreements, changes in borrowing conditions could directly affect the economics of the portfolio.
Sensitivity to mortgage market dynamics: The company’s investments are concentrated in residential mortgage pass-through securities and CMOs, so any adverse shifts in the performance of those securities can impact results.

Valuation — source: SEC EDGAR (first-party)
Price	$10.91
Market Cap	$12.52B
P/E Ratio	5.5
Price / Book	1.00
Price / Sales	3.20
DCF Value (model)	$47.36
DCF Upside vs Price	334.1%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$3.52B
Net Margin	47.4%
Revenue Growth (YoY)	22.2%
EPS Growth (YoY)	-411.8%

Valuation vs Sector & Industry
Stock P/E	5.5
Sector P/E (Real Estate)	27.2
Industry P/E (Trading)	35.3
vs Sector	-79.7%
vs Industry	-84.4%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($1.05B)
Institutional Holders Tracked	10
Congressional Trades (recent)	3

Company
Sector	Real Estate
Industry	Trading
CEO	Peter J. Federico
Employees	53
Country	US
IPO Date	2008-05-15

Related Companies (Business model: Equity REIT (Real Estate Investment Trust); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.