Piper Sandler Maintains Overweight Rating on AGNC Investment (ANGC) Amid MBS Market Opportunities

AGNC Investment Corp. (NASDAQ:AGNC) ranks among the most undervalued REIT stocks to buy right now. Piper Sandler raised its price target for AGNC Investment Corp. (NASDAQ:AGNC) to $11 from $11 on January 15, while keeping an Overweight rating on the company’s stock. The boost reflects narrowing agency MBS spreads, which Piper Sandler believes will benefit AGNC’s forward tangible book values.

Moreover, earlier in January, AGNC Investment Corp. (NASDAQ:AGNC) announced a number of financial and structural updates. The company declared a cash dividend of $0.12 per share for January 2026 and reinstated economist Dr. Morris Davis as an independent director on the Compensation and Corporate Governance Committee.

According to the company, the economist’s return, following his earlier tenure as Chief Housing Economist on the Council of Economic Advisors, brings specialist housing and macroeconomic policy expertise directly into AGNC’s administration structure.

AGNC Investment Corp. (NASDAQ:AGNC) operates a real estate investment trust, investing in residential mortgage pass-through securities and collateralized mortgage obligations. The company is also involved in investments in other types of mortgage and mortgage-related securities, including credit risk transfer securities and non-Agency residential and commercial mortgage-backed securities.

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Disclosure: None. This article is originally published at Insider Monkey.