AGNC Investment (AGNC) Beats Stock Market Upswing: What Investors Need to Know

AGNC Investment closed at $10.94, up 1.2% and outpacing the S&P 500's 0.72% gain. The REIT is expected to report EPS of $0.39 (up 11.43% YoY) and revenue of $428.4 million (up 189.46% YoY). However, the stock has lagged over the past month and carries a Zacks Rank #3 (Hold) rating with a Forward P/E of 6.78, trading at a discount to its industry average.