AGNC American Capital Agency Corp. featured news, full reports, and detailed charts
American Capital Agency Corp. (AGNC) Wrap Up:
American Capital Agency Corp. (“AGNC”, “the Company”, “we” and “us”) was organized in Delaware on January 7, 2008 and commenced operations on May 20, 2008 when its initial public offering, or IPO, of ten million common shares, was completed. Concurrent with the IPO, American Capital, Ltd., or American Capital, purchased five million common shares in a private offering. We earn income primarily from investing in single-family residential mortgage pass-through securities and collateralized mortgage obligations on a leveraged basis. These investments consist of securities for which the principal and interest payments are guaranteed by U.S. Government-sponsored entities such as the Federal National Mortgage Association, or Fannie Mae, and the Federal Home Loan Mortgage Corporation, or Freddie Mac, or by a U.S. Government agency such as the Government National Mortgage Association, or Ginnie Mae. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2009%2f02%2f17%2f0001193125-09-030689.html#FIS_BUSINESS"American Capital Agency Corp. (AGNC:NASDAQ)
Snapshot of American Capital Agency Corp. (AGNC)
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OPEN
$26.32
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PREVIOUS CLOSE
$26.38
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DAY HIGH
$26.38
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DAY LOW
$25.85
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52 WEEK HIGH
09/23/09 - $31.42
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52 WEEK LOW
03/6/09 - $14.39
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MARKET CAP
634.6M
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AVERAGE VOLUME 3 mo
387.0K
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DILUTED EPS TTM
$5.66
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SHARES OUTSTANDING
24.3M
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EX-DATE
09/30/09
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P/E TTM
4.6x
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DIVIDEND
$5.60
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DIVIDEND YIELD
21.46%
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| K = Thousands M = Millions B = Billions | ||
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AGNC Top Compensated Officers
Executives, Board Directors
Key developments for American Capital Agency Corp. (AGNC)
American Capital Agency Corp. expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).
American Capital Agency Corp. reported return on average equity for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net return on average equity was 32.94% compared to 28.30% for the same period previous year. For the nine months, the company reported net return on average equity was 32.64%.
American Capital Agency Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net interest income of $21,242,000, net income of $31,237,000, or $1.82 per basic and diluted share against net interest income of $17,062,000, net income of $18,901,000, or $1.26 per basic and diluted share for the same period last year. For the nine months, the company reported net interest income of $57,569,000, net income of $77,914,000, or $4.95 per basic and diluted share against net interest income of $23,389,000, net income of $24,400,000, or $1.63 per basic and diluted share for the same period last year. The company reported $22.23 book value per share as of September 30, 2009, an increase of 7%, or $1.47 per share, from June 30, 2009 The Board of Directors of the company declared a third quarter 2009 dividend of $1.40 per share to stockholders of record as of October 2, 2009, to be paid on October 27, 2009.
AGNC Competitors
| Company | Last | Change |
| Annaly Capital Management Inc | $18.16 USD | -0.072 |
| Anworth Mortgage Asset Corp | $7.25 USD | +0.035 |
| Capstead Mortgage Corp | $14.12 USD | +0.14 |
| Hatteras Financial Corp | $30.00 USD | +0.047 |
| MFA Financial Inc | $7.58 USD | +0.03 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | AGNC | Industry Range |
| Price/Earnings | 3.6x |
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| Price/Sales | 3.5x |
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| Price/Book | 1.2x |
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| Price/Cash Flow | 5.6x |
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| TEV/Sales | NM | Not Meaningful |
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AGNC |
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AGNC transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent News About American Capital Agency Corp.
More news for AGNC
AMERICAN CAPITAL AGENCY CORP Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is designed to provide a reader of American Capital Agency Corp. consolidated financial statements with a narrative from the perspective of management. Our MD&A is presented in five sections: • Executive Overview • Financial Condition • Results of Operations • Liquidity and Capital Resources • Forward-Looking Statements EXECUTIVE OVERVIEW American Capital Agency Corp. (together with its consolidated subsidiary, is referred throughout this report as the "Company", "we", "us" and "our") is a real estate investment trust ("REIT") that invests exclusively in single-family residential mortgage pass-through securities and collateralized mortgage obligations on a leveraged basis. These investments consist of securities for which principal and interest are guaranteed by government-sponsored entities such as the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac"), or by a U.S. Government agency such as the Government National Mortgage Association ("Ginnie Mae"). We refer to these types of securities as agency securities and the specific agency securities in which we invest as our investment portfolio. We were organized on January 7, 2008, and commenced operations on May 20, 2008 following the completion of our initial public offering ("IPO"). In connection with the IPO, we sold ten million shares of our common stock at $20.00 per share for net proceeds of $186 million, net of the underwriters' commission and other offering expenses. Concurrent with our IPO, American Capital, Ltd. ("American Capital") purchased five million shares of our common stock in a private...Click here to read the whole Article (external link)
AMERICAN CAPITAL AGENCY CORP Earnings Call scheduled for 11:00 am ET today
Call DetailsAMERICAN CAPITAL AGENCY CORP Earnings Conference Call (Q3 2009)Wed, Oct 21, 2009, 11:00 am EasternAbout AMERICAN CAPITAL AGENCY CORP (NasdaqGM:AGNC)American Capital Agency Corp. (AGNC) operates as a real estate investment trust. It invests in agency pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government sponsored entity. The company funds its investments primarily through short-term borrowings structured as repurchase agreements. AGNC is externally managed and advised by American Capital Agency Management, LLC, an affiliate of American Capital, Ltd., an alternative asset manager included in the S&P 500. The company was founded in 2008 and is based in Bethesda, Maryland.More Info:Quote |Profile |Reports |Research | Insider...Click here to read the whole Article (external link)
AMERICAN CAPITAL AGENCY CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
Show all filings for AMERICAN CAPITAL AGENCY CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for AMERICAN CAPITAL AGENCY CORP 21-Oct-2009Results of Operations and Financial Condition, Financial Statements Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...Click here to read the whole Article (external link)
AGNC Commences Public Offering of Common Stock
BETHESDA, Md., Oct. 26 /PRNewswire-FirstCall/ -- American Capital Agency Corp. (Nasdaq: AGNC - News; "AGNC" or the "Company") announced today it has commenced a public offering of 4,000,000 shares of its common stock. The Company has granted the underwriters an option to purchase up to an additional 600,000 shares to cover over-allotments. AGNC expects to use the net proceeds from this offering to acquire additional agency securities as market conditions warrant and for general corporate purposes.Citi, Deutsche Bank Securities and UBS Investment Bank are the joint book-running managers for the offering. Credit Suisse and JMP Securities are the joint-lead managers, with Keefe, Bruyette & Woods, Inc. and RBC Capital Markets acting as co-managers for the offering.The offering will be made under AGNC's existing shelf registration statement filed with the Securities and Exchange Commission. This press release is neither an offer to sell nor a solicitation of an offer to buy shares of common stock. The offering of these securities will be made only by means of a prospectus and a related prospectus supplement. When available, copies of the prospectus and prospectus supplement may be obtained from Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220; telephone: (800) 831-9146, Deutsche Bank Securities, Prospectus Department, Harborside Financial Center, 100 Plaza One, Jersey City, New Jersey 07311-3988; telephone: (800) 503-4611 or UBS Investment Bank, Attn: Prospectus Department, ...Click here to read the whole Article (external link)
AMERICAN CAPITAL AGENCY CORP Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue65,709 32,503 19,040 - Cost of Revenue(1,842)1,842 - - Gross Profit67,551 30,661 19,040 - Operating ExpensesResearch Development - - - - Selling General and Administrative4,482 653 2,371 - Non Recurring - - - - Others2,567 (358)358 - Total Operating Expenses - - - - Operating Income or Loss60,502 30,366 16,311 - Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes60,502 30,366 16,311 - Interest Expense29,265 - - - Income Before Tax31,237 30,366 16,311 - Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops31,237 30,366 16,311 - Non-recurring EventsDiscontinued Operations - - ...Click here to read the whole Article (external link)
AGNC Prices Public Offering of Common Stock
BETHESDA, Md., Oct. 26 /PRNewswire-FirstCall/ -- American Capital Agency Corp. (Nasdaq: AGNC - News; "AGNC" or the "Company") announced today that it priced a public offering of 5,000,000 shares of its common stock at a public offering price of $26.60 per share for total gross proceeds of $133 million. The Company has granted the underwriters an option to purchase up to an additional 750,000 shares to cover overallotments. The offering is subject to customary closing conditions and is expected to close on Friday, October 30, 2009. AGNC expects to use the net proceeds from this offering to acquire additional agency securities as market conditions warrant and for general corporate purposes.Citi, Deutsche Bank Securities and UBS Investment Bank are the joint book-running managers for the offering. Credit Suisse Securities (USA) LLC and JMP Securities are the joint-lead managers, with Keefe, Bruyette & Woods, Inc. and RBC Capital Markets acting as co-managers for the offering.The offering will be made under AGNC's existing shelf registration statement filed with the Securities and Exchange Commission. This press release is neither an offer to sell nor a solicitation of an offer to buy shares of common stock. The offering of these securities will be made only by means of a prospectus and a related prospectus supplement. When available, copies of the prospectus and prospectus supplement may be obtained from Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220; telephone: (800) ...Click here to read the whole Article (external link)
Lightning Round: Altria, Cypress Semi, Windstream and More
Frontier Communications [FTR Loading...   ()  ]: Cramer doesn’t trust FTR’s 13.9% dividend yield. Go with Windstream ...Click here to read the whole Article (external link)
AMERICAN CAPITAL AGENCY CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and
Show all filings for AMERICAN CAPITAL AGENCY CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for AMERICAN CAPITAL AGENCY CORP 30-Oct-2009Entry into a Material Definitive Agreement, Financial Statements and Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All inform...Click here to read the whole Article (external link)
Mad Mail: Buy the Berkshire Hathaway Split?
Cramer started Monday’s Mad Mail by revisiting three stocks that stumped him during previous Lightning Rounds. He gave the thumbs-down to American Capital Agency [AGNC Loading...   ()  ], saying the 19% dividend yield was a red flag. Also, the Federal Reserve could threaten the company’s profits if it decides to increase interest rates. American Capital Agency makes its money through the difference between the rate at which it borrows a...Click here to read the whole Article (external link)
