AGNCM News and Press, AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock From 02/21/22

Peter Kamin's purchase of IAA shares last week was the first insider purchase at IAA, since the company was spun off from KAR Auction Services in June 2019. IAA sports gross margin approaching 40%, EBITDA margin of 30%, and net income margin of 16%. Multiple insiders of IAA have e...

There are some great opportunities in the securities we cover. It took several months for these opportunities to open up, but they are finally available again. If only investors had the stomach to buy when others are scared. Thankfully, some of the shares remain less attractive. I...

At the halfway point of another newsworthy REIT earnings season, the majority of REITs are now in "correction" territory with several of the highest-flying REITs in "bear market" territory. Consistent with the trends seen across the broader equity market, REIT earnings have generally ...

Inflation concerns have started to affect market sentiment, but it is highly uncertain if that will lead to a real market correction or just some short-term dips. I am continuing my monthly investment plans while still awaiting a real market correction or possibly a real crash once ma...

The probability of a mistake from the Federal Reserve increased. Rather than relying on market prices, the Federal Reserve relies on the prices that were paid. Seems reasonable, but the prices paid could be under old contracts. By ignoring clear signs about changes in market price...

Mortgage REIT management is a hard business. Dynex & Annaly, two sector stalwarts, have seen tangible book values fall over the last year. Hedging has a cost and interest rate volatility will increase that cost even more. We like the sector for a small exposure, but invest...

U.S. equity markets declined on another volatile week as red-hot inflation data and amplified tensions on the Russia/Ukraine border reversed early-week gains while data showed consumer confidence dipping to decade-lows. Ending the week with a volatile two-day skid, the S&P 500 fin...

As the market tumbles, high yielding preferred shares are going on sale. Some of these shares are usually quite stable, so these sales are rare. We’ve shifted from having almost zero bullish ratings in the sector to more than half bullish outlooks. We’re sharing ...

REIT earnings season has kicked into high gear this week with reports from more than two dozen equity and mortgage REITs. Results have continued their positive trend with a 75% beat rate. We got our first look at retail REIT earnings over the last several days which showed that fundam...

History demonstrates that these shares go on sale when investors are worried about how quickly interest rates are changing. Prices have been higher even when interest rates were higher. It’s all about the speed. Friday’s close saw some opportunities going from good t...