Federal Agricultural Mortgage (AGM) Receives Coverage Optimism Rating of 0.15

Press coverage about Federal Agricultural Mortgage (NYSE:AGM) has trended somewhat positive on Sunday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded 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 0.15 on Accern’s scale. Accern also gave news coverage about the credit services provider an impact score of 45.5097526920451 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

A number of brokerages have weighed in on AGM. TheStreet downgraded shares of Federal Agricultural Mortgage from a “b-” rating to a “c+” rating in a research report on Friday, August 11th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $65.00 price objective on shares of Federal Agricultural Mortgage in a research report on Friday, November 10th.

Shares of Federal Agricultural Mortgage (NYSE AGM) opened at $75.20 on Friday. The company has a market cap of $798.32, a PE ratio of 12.97 and a beta of 1.27. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.36 and a current ratio of 0.36. Federal Agricultural Mortgage has a one year low of $50.86 and a one year high of $77.78.

Federal Agricultural Mortgage (NYSE:AGM) last released its earnings results on Thursday, November 9th. The credit services provider reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.11. The business had revenue of $43.86 million during the quarter. Federal Agricultural Mortgage had a net margin of 23.05% and a return on equity of 14.81%.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.91%. Federal Agricultural Mortgage’s dividend payout ratio is currently 19.35%.

In other news, Director Dennis L. Brack sold 1,500 shares of the business’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $72.13, for a total transaction of $108,195.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP John Curtis Covington sold 575 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $74.29, for a total transaction of $42,716.75. The disclosure for this sale can be found here. Insiders have sold 35,511 shares of company stock valued at $2,587,557 in the last three months. Corporate insiders own 3.75% of the company’s stock.

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About Federal Agricultural Mortgage

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)

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