Federal Agricultural Mortgage (AGM) Receives Daily Coverage Optimism Score of 0.23
News articles about Federal Agricultural Mortgage (NYSE:AGM) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public 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 impact score of 0.23 on Accern’s scale. Accern also gave news stories about the credit services provider an impact score of 47.2670377350598 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Federal Agricultural Mortgage (AGM) opened at $87.57 on Friday. The company has a market cap of $930.60, a price-to-earnings ratio of 13.25 and a beta of 1.23. The company has a debt-to-equity ratio of 2.87, a quick ratio of 0.37 and a current ratio of 0.37. Federal Agricultural Mortgage has a fifty-two week low of $53.78 and a fifty-two week high of $92.57.
Federal Agricultural Mortgage (NYSE:AGM) last issued 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%.
A number of equities analysts have recently commented on the stock. Keefe, Bruyette & Woods set a $93.00 price target on shares of Federal Agricultural Mortgage and gave the stock a “hold” rating in a report on Wednesday, March 14th. Sidoti upgraded shares of Federal Agricultural Mortgage from a “neutral” rating to a “buy” rating and set a $94.00 price target on the stock in a report on Wednesday, February 14th. Finally, ValuEngine upgraded shares of Federal Agricultural Mortgage from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. Federal Agricultural Mortgage currently has an average rating of “Hold” and a consensus price target of $93.50.
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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.
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