Earnings snapshot: AGNC Investment says low rates, stable MBS spreads boost investment outlook
AGNC Investment reports that low interest rates and stable MBS spreads enhance its investment outlook. Despite a backdrop improvement, the company's Q4 earnings fell short of consensus, with a Non-GAAP EPS of $0.35. The firm offers floating preferred shares yielding over 9%, and its 13.4% dividend is highlighted as a strong recession hedge.
