American Capital Agency (AGNC -0.2%) estimates a similar decline in book value through June 7 as...

|About: AGNC Investment Corp. (AGNC)|By:, SA News Editor

American Capital Agency (AGNC -0.2%) estimates a similar decline in book value through June 7 as that experienced in Q1 (8.6%), putting June 7 book value at $26.44. At the current price, the stock is trading at about a 7% discount to book. The numbers were disclosed in slides prepared for the company's presentation at the Morgan Stanley conference at 3:35 ET this afternoon.