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Stock impact report

Why the Rally for AGNC Investment Stock Might Be Hiding a Glaring Red Flag [Yahoo! Finance]

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: Yahoo! Finance
That makes it more similar to a mutual fund than to a traditional REIT, and the difference has material implications for investors. If AGNC Investment's massive dividend, which currently yields 14.2%, looks tempting, there's one big factor you need to be aware of. What's a REIT worth? Technically, there isn't a big difference in the way you would think about the value of a property-owning REIT and the way you should think about the value of a mortgage REIT (mREIT). Both types of business own income-producing assets. And in both cases, the value of the company is, essentially, the value of the underlying assets that it owns. Image source: Getty Images. There's just one wrinkle: Physical properties don't change hands often, so it's harder to value them. Any estimate of what a property-owning REIT's underlying value is will be a rough estimate, at best. However, AGNC Investment owns mortgages that have been pooled into bond-like securities. These assets are traded continuously, a Show less Read more
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