Media coverage about Federal Agricultural Mortgage (NYSE:AGM) has trended positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Federal Agricultural Mortgage earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned media coverage about the credit services provider an impact score of 46.9491464978339 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Federal Agricultural Mortgage Corp. (AGM) Increases Dividend to $0.58 Per Share (americanbankingnews.com)
- Federal Agricultural Mortgage (AGM) Issues Earnings Results, Beats Estimates By $0.14 EPS (americanbankingnews.com)
- Federal Agricultural Mortgage Corporation 2017 Q4 – Results – Earnings Call Slides (seekingalpha.com)
- 444 federal agencies yet to submit audited reports to Auditor General, Senate reveals (businessdayonline.com)
- Federal Agricultural Mortgage Corporation Class C to Host Earnings Call (baystreet.ca)
Shares of Federal Agricultural Mortgage (NYSE AGM) opened at $85.54 on Tuesday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 2.87. The company has a market cap of $906.18, a P/E ratio of 12.94 and a beta of 1.23. Federal Agricultural Mortgage has a 1-year low of $53.78 and a 1-year high of $92.57.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Monday, March 19th will be issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date of this dividend is Friday, March 16th. This is a boost from Federal Agricultural Mortgage’s previous quarterly dividend of $0.36. Federal Agricultural Mortgage’s payout ratio is 21.79%.
AGM has been the topic of a number of research analyst reports. Sidoti upgraded Federal Agricultural Mortgage from a “neutral” rating to a “buy” rating and set a $94.00 target price on the stock in a research note on Wednesday, February 14th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $86.00 price target on shares of Federal Agricultural Mortgage in a report on Friday, December 22nd. Finally, ValuEngine raised shares of Federal Agricultural Mortgage from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. Federal Agricultural Mortgage presently has a consensus rating of “Hold” and a consensus price target of $90.00.
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Federal Agricultural Mortgage Company Profile
Federal Agricultural Mortgage Corporation (Farmer Mac) provides a secondary market for a range of loans made to borrowers in rural America. The Company’s segments include Farm & Ranch, USDA Guarantees, Rural Utilities, Institutional Credit and Corporate. Its secondary market activities are purchasing eligible loans directly from lenders; providing advances against eligible loans by purchasing obligations secured by those loans; securitizing assets and guaranteeing the payment of principal and interest on the resulting securities that represent interests in, or obligations secured by, pools of eligible loans; and issuing long-term standby purchase commitments (LTSPCs) for eligible loans.
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