Federal Agricultural Mortgage (AGM) Earning Positive News Coverage, Report Shows

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:

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.

Federal Agricultural Mortgage (NYSE:AGM) last posted its quarterly earnings results on Thursday, March 8th. The credit services provider reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.14. The company had revenue of $43.96 million for the quarter. Federal Agricultural Mortgage had a net margin of 20.21% and a return on equity of 15.12%.

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.

TRADEMARK VIOLATION WARNING: This piece of content was first published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://sportsperspectives.com/2018/03/13/federal-agricultural-mortgage-agm-earning-positive-news-coverage-report-shows.html.

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.

Insider Buying and Selling by Quarter for Federal Agricultural Mortgage (NYSE:AGM)

Receive News & Ratings for Federal Agricultural Mortgage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Agricultural Mortgage and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply