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home / news releases / AGNCN - PennyMac Offers Poorly Valued And Risky Preferred Shares


AGNCN - PennyMac Offers Poorly Valued And Risky Preferred Shares

This research report was produced by The REIT Forum with assistance from Big Dog Investments.

We cover the preferred shares for PennyMac Mortgage Investment Trust (PMT) at The REIT Forum.

Source: The REIT Forum

These preferred shares do carry a risk rating of 4. We expect them to underperform several of the other mortgage REIT preferred shares over the next year despite having more risk. However, it is most likely that the total return (including dividends) will still be positive. Therefore, we are marking our rating as "neutral" even though we expect

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Stock Information

Company Name: AGNC Investment Corp. Depositary Shares Each Representing a 1/1000th Interest in a Share of 7.00% Series C Fixed-To-Floating Rate Cumulative Redeemable Preferre
Stock Symbol: AGNCN
Market: NASDAQ
Website: agnc.com

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