NASDAQ$AGNC
AGNC Investment Corp · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Announced financial results for the quarter ended March 31, 2021.
AGNC Investment Corp. reported a comprehensive income of $1.33 per common share and a tangible net book value of $17.72 per common share as of March 31, 2021. The company's economic return on tangible common equity was 8.2% for the quarter.
- Comprehensive income per common share was $1.33.
- Net spread and dollar roll income per common share was $0.76, excluding estimated 'catch-up' premium amortization benefit.
- Tangible net book value per common share increased to $17.72 as of March 31, 2021, a 6.0% increase from December 31, 2020.
- Economic return on tangible common equity was 8.2% for the quarter.
Headline financials
Revenue & EPS history
AGNC · Revenue · Quarterly
$528M
Forward guidance
AGNC believes the Fed will remain accommodative, maintaining its asset purchase program and near-zero interest rate policy until substantial further economic recovery is achieved, creating an attractive investment landscape for Agency MBS.
Tailwinds
- Favorable short-term funding.
- Attractive TBA dollar roll opportunities.
- Beneficial hedging arrangements from last year's market disruptions.
- Expectation that the Fed will remain accommodative.
- Attractive investment landscape for Agency MBS.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.3%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+0.8%
Avg return
30 days after
63%
41 / 65 earnings
Positive
+9.2%
Q1 2022
Best reaction
-9.1%
Q3 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.4% | +2.3% | -4.8% | |
| Q4 2025 | +3.2% | -3.4% | -3.8% | |
| Q3 2025 | -0.5% | +1.0% | -0.3% | |
| Q2 2025 | +0.2% | +1.0% | +5.9% | |
| Q1 2025 | +3.6% | +8.5% | +8.0% | |
| Q4 2024 | +0.8% | +1.8% | +6.4% | |
| Q3 2024 | -5.6% | -6.3% | -9.0% | |
| Q2 2024 | +1.0% | -1.7% | -0.7% | |
| Q1 2024 | +2.4% | +2.0% | +6.8% | |
| Q4 2023 | -0.4% | +0.2% | -3.2% | |
| Q3 2023 | +5.4% | +19.3% | +27.9% | |
| Q2 2023 | +3.0% | +2.3% | -4.2% | |
| Q1 2023 | -3.0% | -1.4% | -11.7% | |
| Q4 2022 | -0.7% | +2.4% | -9.3% | |
| Q3 2022 | +2.2% | +5.7% | +27.3% | |
| Q2 2022 | -0.2% | +3.8% | +2.1% | |
| Q1 2022 | +9.2% | +13.0% | +10.8% | |
| Q4 2021 | -0.5% | -3.5% | -10.6% | |
| Q3 2021 | -0.2% | -3.8% | -3.1% | |
| Q2 2021 | +0.4% | -1.6% | +2.0% | |
| Q1 2021 | +1.6% | +2.6% | +6.4% | |
| Q4 2020 | +0.1% | -3.3% | +2.7% | |
| Q3 2020 | +0.4% | -1.6% | +10.3% | |
| Q2 2020 | +0.4% | +0.6% | +3.9% | |
| Q1 2020 | -2.1% | -2.2% | +2.0% | |
| Q4 2019 | +0.4% | +1.2% | -7.4% | |
| Q3 2019 | +2.4% | +2.2% | +4.0% | |
| Q2 2019 | -1.9% | -0.6% | -10.8% | |
| Q1 2019 | -2.0% | -2.5% | -6.2% | |
| Q4 2018 | -1.1% | -1.5% | -3.0% | |
| Q3 2018 | +2.7% | +2.7% | -1.0% | |
| Q2 2018 | +1.1% | +2.3% | +0.7% | |
| Q1 2018 | +1.2% | +0.3% | +1.2% | |
| Q4 2017 | -1.5% | -4.5% | -4.9% | |
| Q3 2017 | -5.0% | -6.1% | -6.4% | |
| Q2 2017 | +0.6% | +0.6% | +2.8% | |
| Q1 2017 | +2.3% | +1.4% | -1.6% | |
| Q4 2016 | +0.9% | +2.8% | +4.8% | |
| Q3 2016 | +3.6% | +1.8% | -2.9% | |
| Q2 2016 | -0.3% | -0.1% | +0.2% | |
| Q1 2016 | -1.8% | — | — | |
| Q4 2015 | +2.1% | — | — | |
| Q3 2015 | -5.4% | — | — | |
| Q2 2015 | +1.7% | — | — | |
| Q1 2015 | -3.6% | — | — | |
| Q4 2014 | +0.8% | — | — | |
| Q3 2014 | +0.4% | — | — | |
| Q2 2014 | -0.4% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | +1.8% | — | — | |
| Q3 2013 | -9.1% | — | — | |
| Q2 2013 | +6.7% | — | — | |
| Q1 2013 | -7.1% | — | — | |
| Q4 2012 | -3.4% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q2 2012 | +1.0% | — | — | |
| Q1 2012 | +1.9% | — | — | |
| Q4 2011 | +0.3% | — | — | |
| Q3 2011 | +2.1% | — | — | |
| Q2 2011 | +6.3% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q3 2010 | -0.8% | — | — | |
| Q2 2010 | +2.2% | — | — | |
| Q1 2010 | +1.7% | — | — |
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