seekingalpha.com · Dec 8, 2025
AGNC: Time To Take Profits On The Series C Preferred Shares (Rating Downgrade)
AGNC Investment is expanding its portfolio amid a favorable market for mREITs, holding true to its focus on 30-year agency MBS. The common shares have had a stellar 2025, with an elevated 28% tangible book premium making investments in preferred shares of AGNC highly desirable. Against this backdrop, the odds of a call in the Series C preferred shares are quite elevated in 2026, warranting a downgrade to a Hold rating.

