Daily dividend news for investors in dividend stocks
Published Thu, 07 Nov 2019 00:59:19 -0500 on Seeking Alpha
Introduction/Recap:
On 10/30/2019, AGNC Investment Corp. (AGNC) reported results for the third quarter of 2019. AGNC reported a net loss of ($4) million, other comprehensive income (“OCI”) of $246 million, comprehensive (total) income of ($242) million, a non-tangible book value (“BV”) as of 9/30/2019 of $17.52 per common share, and a tangible BV as of 9/30/2019 of $16.55 per common share. As of 6/30/2019, AGNC had a non-tangible and tangible BV of $17.54 and $16.58 per common share, respectively.
In PART 3 of my AGNC Q3 2019 income statement and EPS projection article, I projected the company would report the following amounts in relation to the third quarter of 2019: 1) net income of $137 million; 2) OCI of $246 million; and 3) comprehensive income of $242 million. In my prior AGNC Q3 2019 and 10/11/2019 BV projection article, I projected the company would report a non-tangible and tangible BV as of 9/30/2019 of $17.55 and $16.60 per common share, respectively.
As such, both my AGNC non-tangible and tangible BV projections were basically an “exact match” when compared to the company’s reported amounts. With that being said, a couple of AGNC accounts outperformed my expectations while a couple underperformed my expectations (which basically “netted” themselves out; which is something I anticipate when I set my projections). As such, this article will still take a look at each of AGNC’s income statement accounts and compare them to my previous... Read more
Stock name | Last trade | P/E | Earnings/Share | Dividend/Share | Dividend yield | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
ORCHID ISLAND CAPITAL | 5.58 | 0.0 | -0.29 | 0.96 | 17.75 | |||||||
CHERRY HILL MORTGAGE INVESTMENT | 13.52 | 0.0 | -3.91 | 1.60 | 14.40 | |||||||
ANNALY CAPITAL MANAGEMENT | 8.60 | 0.0 | -3.32 | 1.20 | 14.00 | |||||||
NEW RESIDENTIAL INVESTMENT | 14.98 | 18.0 | 0.83 | 2.00 | 13.28 | |||||||
NEW YORK MORTGAGE TRUST | 6.14 | 12.0 | 0.51 | 0.80 | 12.74 | |||||||
DYNEX CAPITAL | 15.16 | 0.0 | -10.26 | 1.80 | 12.06 | |||||||
ARMOUR RESIDENTIAL REIT | 17.26 | 0.0 | -9.30 | 2.04 | 12.03 | |||||||
TWO HARBORS INVESTMENT | 13.28 | 0.0 | -2.81 | 1.60 | 12.02 | |||||||
INVESCO MORTGAGE CAPITAL | 15.18 | 0.0 | -1.01 | 1.80 | 11.80 | |||||||
AG MORTGAGE INVESTMENT TRUST | 17.47 | 6.1 | 2.87 | 1.90 | 10.89 | |||||||
CHIMERA INVESTMENT | 19.57 | 21.5 | 0.91 | 2.00 | 10.23 | |||||||
ELLINGTON FINANCIAL | 17.90 | 16.3 | 1.10 | 1.68 | 9.44 | |||||||
PENNYMAC MORTGAGE INV TRUST | 22.24 | 9.5 | 2.35 | 1.88 | 8.50 | |||||||
BLACKSTONE MORTGAGE TRUST | 36.16 | 14.5 | 2.49 | 2.48 | 6.94 | |||||||
CAPSTEAD MORTGAGE | 7.41 | 0.0 | -0.86 | 0.48 | 6.58 | |||||||
BLACKROCK | 434.75 | 16.5 | 26.34 | 13.20 | 3.08 | |||||||
ISHARES FTSE NAREIT MORTG PLUS CAPPED INDEX FUND | 41.97 | 0.0 | 0.00 | 0.00 | 0.00 |