AGNCM News and Press, AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock From 01/31/23

Summary AGNC had a terrible 2022 but Q4-2022 was a significant improvement. While tangible book value improved, there were two major actions which reduced potential upside. We look at the key takeaways from the results and put to rest the idea that the company is buying mortgage bac...

The following slide deck was published by AGNC Investment Corp. in conjunction with their 2022 Q4 earnings call. For further details see: AGNC Investment Corp. 2022 Q4 - Results - Earnings Call Presentation

AGNC Investment Corp. (AGNC) Q4 2022 Earnings Conference Call January 31, 2023 08:30 ET Company Participants Katie Wisecarver - Investor Relations Peter Federico - Director, President and Chief Executive Officer Bernie Bell - Executive Vice President and Chief Financia...

Summary Similar shares at different valuations are the basis for alpha. The research is so hard, it requires adding dividends or looking at a chart. Who cares about the difference between 3.7% and 14.26% to 17.6%? We do! Get ready for charts, images, and tables because t...

Summary Flaherty & Crumrine Preferred and Income Securities Fund is a closed end fund focused on preferred equity. The CEF is a leveraged take on banking and insurance preferred shares. The fund is fairly leveraged at 38% and is down -16% in the past year as rates have risen. ...

Summary We take a look at the action in preferreds and baby bonds through the first week of January and highlight some of the key themes we are watching. Preferreds had a terrific start to the year, supported by lower Treasury yields and higher stocks. Many beaten-down stocks fell o...

Summary We own shares in all three picks. Up to 33% upside to book value. Some peers trade above book value. Dividends were steady. The only dividend reduction in the batch was less than 5%. Get ready for charts, images, and tables because they are better than words. The...

Summary These three REITs got much too cheap in October 2022, but they rallied too hard. Take the money and run! Shares are up 33% to 52%. They deserved a rally, but not that much. We're not always bearish. We recommended one of these shares within days of the 52-week low. G...

Summary Rithm Capital has performed well in the current harsh environment. The dividend looks sustainable and offers a massive yield. RITM stock has upside potential, and the company might increase its dividend in the foreseeable future. Article Thesis Rithm Capital ( ...

Summary We're contrasting two sets of investments where one is demonstrably better than the other. Market prices are not efficient. Sometimes investors leave a nice chunk of change on the table. We look for those opportunities to optimize investments so we can be positioned for some...