AGNC Investment: The 17% Yield Is Hiding A Book Value Disaster

AGNC Investment reports a 17% yield but hides a book value disaster. The company's dividend yield is 17%, but its book value per share has fallen by 50% in the past year.

The company's earnings have also fallen by 50% in the past year, driven by a decline in interest rates.

Analysts have a negative outlook on the company, with a median price target of $10.