NEW YORK (TheStreet) -- Shares of American Capital Agency (AGNC) - Get Report are sliding 0.15% to $16.43 in late afternoon trading today as the real estate investment trust is slated to post second quarter results after Wednesday's market close.
Analysts surveyed by Thomson Reuters expect the company to report earnings of 52 cents per share on revenue of $246.27 million.
Last year, American Capital Agency's adjusted net spread and dollar roll income was 60 cents per share on revenue of $333 million.
American Capital Agency announced earlier this year that it would purchase American Capital Mortgage Management (ACMM) for $562 million, or $2.45 a share, Bloomberg reports.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate AMERICAN CAPITAL AGENCY CORP as a Sell with a ratings score of D. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, disappointing return on equity and weak operating cash flow.
You can view the full analysis from the report here: AGNC