Federal Agricultural Mortgage Corporation (AGM) Getting Somewhat Favorable Press Coverage, Analysis Finds
Headlines about Federal Agricultural Mortgage Corporation (NYSE:AGM) have trended somewhat positive on Saturday, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Federal Agricultural Mortgage Corporation earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the credit services provider an impact score of 43.5880332190154 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern’s analysis:
- Insider Selling: Federal Agricultural Mortgage Corporation (AGM) CEO Sells 2,450 Shares of Stock (americanbankingnews.com)
- Insider Selling: Federal Agricultural Mortgage Corporation (AGM) CEO Sells 4,180 Shares of Stock (americanbankingnews.com)
- Federal Agricultural Mortgage Corporation (AGM) Insider Timothy L. Buzby Sells 10,560 Shares (americanbankingnews.com)
- Welcome to tax blueprint day! (politico.com)
- Ex-Div Reminder for Federal Agricultural Mortgage Corp’s 5.875% Non-Cumulative Preferred Stock, Series A (nasdaq.com)
AGM has been the topic of several analyst reports. TheStreet cut Federal Agricultural Mortgage Corporation from a “b-” rating to a “c+” rating in a research report on Friday, August 11th. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Federal Agricultural Mortgage Corporation in a research report on Thursday, September 21st. Finally, BidaskClub cut Federal Agricultural Mortgage Corporation from a “hold” rating to a “sell” rating in a research report on Friday, August 4th.
Federal Agricultural Mortgage Corporation (AGM) opened at 72.74 on Friday. The company’s 50 day moving average price is $66.35 and its 200 day moving average price is $62.75. The stock has a market cap of $771.33 million, a PE ratio of 10.02 and a beta of 1.18. Federal Agricultural Mortgage Corporation has a 12 month low of $39.09 and a 12 month high of $74.35.
Federal Agricultural Mortgage Corporation (NYSE:AGM) last posted its quarterly earnings data on Wednesday, August 9th. The credit services provider reported $1.48 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.12. Federal Agricultural Mortgage Corporation had a return on equity of 15.01% and a net margin of 24.02%. The company had revenue of $43.48 million during the quarter. Equities analysts forecast that Federal Agricultural Mortgage Corporation will post $5.85 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date was Thursday, September 14th. Federal Agricultural Mortgage Corporation’s dividend payout ratio (DPR) is presently 19.81%.
In related news, insider Timothy L. Buzby sold 10,560 shares of the firm’s stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $74.15, for a total transaction of $783,024.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sara Louise Faivre-Davis sold 399 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $69.67, for a total value of $27,798.33. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 32,387 shares of company stock valued at $2,340,292. 3.75% of the stock is owned by corporate insiders.
About Federal Agricultural Mortgage Corporation
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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