American Capital Agency Corp. (AGNC): Today's Featured Real Estate Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
.
(
) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 1.3%. By the end of trading, American Capital Agency fell 97 cents (-3.1%) to $30.73 on heavy volume. Throughout the day, 14.6 million shares of American Capital Agency exchanged hands as compared to its average daily volume of 6.8 million shares. The stock ranged in price between $30.10-$31.32 after having opened the day at $31.10 as compared to the previous trading day's close of $31.70. Other companies within the Real Estate industry that declined today were:
(
), down 14.1%,
Brookfield Residential Properties
(
), down 8.9%,
(
), down 7.7%, and
(
), down 6.3%.
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American Capital Agency Corp. operates as a real estate investment trust (REIT). American Capital Agency has a market cap of $11.04 billion and is part of the financial sector. The company has a P/E ratio of nine, below the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate American Capital Agency a buy, no analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates American Capital Agency as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.
- You can view the full American Capital Agency Ratings Report.
On the positive front,
Institutional Financial Markets
(
), up 31.6%,
(
), up 6.1%,
China Housing & Land Development
(
), up 5.5%, and
(
), up 5.2%, were all gainers within the real estate industry with
(
) being today's featured real estate industry leader.
- Use our real estate section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider
iShares Dow Jones US Real Estate
(
) while those bearish on the real estate industry could consider
ProShares Short Real Estate Fund
(
).
- Find other investment ideas from our top rated ETFs lists.
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