Maxim Group analyst Michael Diana has maintained their neutral stance on AGNC stock, giving a Hold rating today.
Michael Diana has given his Hold rating due to a combination of factors impacting AGNC Investment. The company’s tangible book value per share decreased by 1.9% to $8.25 as of the end of the first quarter of 2025, which was below expectations. This decline in tangible book value, coupled with the current stock price trading at 1.11 times the tangible book value, suggests that the stock is priced above the typical benchmark for mortgage REITs, which is 1.0 times tangible book value.
Despite AGNC’s attractive dividend yield of 17.0%, the potential for the stock price to revert to the benchmark level implies limited upside in total return. This lack of sufficient return potential does not support a Buy rating, prompting the decision to maintain a Hold rating. Additionally, while management is optimistic about the prospects for Agency Mortgage Backed Securities, the current valuation and financial metrics do not justify a more favorable rating at this time.
In another report released today, Barclays also maintained a Hold rating on the stock with a $9.00 price target.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AGNC in relation to earlier this year.