Stock fact sheet · data as of
AGNC Investment Corp. (AGNCP): fair value, margin of safety and Wheel Score
Real Estate · REIT - Mortgage · United States · High Yield Income
Is AGNCP undervalued?
At 24.79 (close of 16 Oct 2026), AGNCP trades 23% under the GLS average fair value of 32.14. 2 of the 8 models that produced a value land above the price. A discount of this size counts as a positive margin of safety in every GLS screen; whether it is enough depends on the rest of the picture - the health score, the moat and the option premium below.
There is a wide gap between Payback Time (14.67) and Graham Growth (87.04). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files AGNCP under High Yield Income: a dividend yield above 4%.
Nine valuation models for AGNCP
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 21.63 | -13% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 87.04 | +251% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 21.58 | -13% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 15.79 | -36% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 15.31 | -38% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 14.67 | -41% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 21.19 | -15% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 59.94 | +142% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -236.19 | -1053% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
AGNC Investment Corp. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 3.4/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 1.5%, ROE 13.5%, ROA 1.5% - with debt at 8.21 times equity and a free-cash-flow yield of 8.5%. Debt of 8.21 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is high at 16.33% (payout ratio 79%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 1.5% |
|---|---|---|---|
| GLS Moat | 3.4 / 10 | ROE | 13.5% |
| Debt / equity | 8.21 | ROA | 1.5% |
| Free-cash-flow yield | 8.5% | Payout ratio | 79% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 39: No options
No options are listed on AGNC Investment Corp. in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 32k shares a day on a market cap of $10.6B, with a beta of 1.30 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 12 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 22 / 25 | 23% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 5 / 15 | moat 3.4/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 12 / 20 | 32k shares/day, $10.6B cap, beta 1.30 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
AGNC Investment Corp. reports earnings on 26 Oct 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in REIT - Mortgage
The 12 companies below are the closest to AGNC Investment Corp. by market cap within the REIT - Mortgage industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AGNCO AGNC Investment Corp. | 25.14 | 32.47 | +23% | 39No options | $10.5B |
| AGNC AGNC Investment Corp. | 8.82 | 17.30 | +49% | 81Prime | $10.5B |
| AGNCL AGNC Investment Corp. | 25.01 | 32.34 | +23% | 39No options | $10.4B |
| AGNCZ AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock | 23.94 | 31.35 | +24% | 39No options | $10.1B |
| AGNCM AGNC Investment Corp. | 24.72 | 32.07 | +23% | 39No options | $8.8B |
| AGNCN AGNC Investment Corp. | 25.49 | 32.80 | +22% | 39No options | $8.8B |
| NLY Annaly Capital Management, Inc. | 18.43 | 94.38 | +80% | 78Good | $13.9B |
| STWD Starwood Property Trust, Inc. | 12.38 | 22.66 | +45% | 84Prime | $4.6B |
| RWTN Redwood Trust, Inc. 9.125% Seni | 22.50 | 7.87 | -186% | 25No options | $2.8B |
| DX Dynex Capital, Inc. | 11.12 | 39.34 | +72% | 79Good | $2.8B |
| ARR ARMOUR Residential REIT, Inc. | 13.66 | 37.56 | +64% | 72Good | $1.9B |
| BXMT Blackstone Mortgage Trust, Inc. | 10.78 | 34.88 | +69% | 81Prime | $1.8B |
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Start free See the Sunday ScanQuestions about AGNCP
Is AGNCP undervalued right now?
By the GLS models, moderately: at 24.79 the stock trades 23% below the average fair value of 32.14 (data as of 16 Oct 2026).
What is the Wheel Score of AGNCP and what does it mean?
AGNCP has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for AGNCP?
32.14 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does AGNC Investment Corp. report earnings next?
The next earnings report is due on 26 Oct 2026 (after the close), 10 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does AGNCP have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on AGNCP, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.