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AGNC Investment Corp. AGNC Redemption of preferred stock

Redemption of preferred stock at other companies

EFC
Ellington Financial Inc.EFC
$115M
Invesco Mortgage Capital logo
Invesco Mortgage CapitalIVR
$1.59M-27.3%

Other financials

Income statement

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Revenue$1.0B+22.2%
Net income$654.0M+567%
EPS (diluted)$0.40+335%

Balance sheet

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Cash & equivalents$457.0M-30.3%
Total debt$56.0M-12.5%
Total equity$12.5B+21.2%
Total assets$121.76B+19.3%

Cash flow

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Operating cash flow$387.0M+102%

Valuation

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Market cap$12.33B+22.3%
P/E5.4×-21.2×
P/S3.2×+0.1×

Profitability

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Net margin57.9%+46.4pp

Returns & leverage

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Return on equity19.8%+15.8pp
Debt / equity0.0×

Where this comes from

Reported directly by AGNC Investment Corp. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfPreferredStockAndPreferenceStock.

The official record: AGNC Investment Corp.’s 10-K, filed February 26, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does redemption of preferred stock mean?
Cash used to redeem (buy back) outstanding preferred stock, eliminating future dividend obligations.