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Stock impact report

AGNC stock stands to benefit from tightening in spreads despite lower estimated Q3 earnings [Seeking Alpha]

AGNC Investment Corp. (AGNC) 
Last agnc investment corp. earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.agnc.com
Company Research Source: Seeking Alpha
financial results on Monday, October 20th, before market open, and the stock stands to benefit from the recent tightening in spreads despite lower expected earnings. The consensus Quick Insights Recent tightening in agency MBS spreads is seen as a benefit to AGNC Investment, potentially offsetting some of the pressure from lower expected earnings and supporting a higher tangible book value estimate. Analysts believe AGNC can maintain its current dividend, supported by ongoing double-digit yields, but rising cost of funds from maturing swaps may pose headwinds. Opportunities include higher bank and foreign demand for agency MBS and tighter spreads, while risks involve rising cost of funds as hedges expire and potential decline in trader demand with less interest rate-driven price movement. Recommended For You More Trending News Show less Read more
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