E Daily Stock Analysis: Federal Agricultural Mortgage Corporation

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The portfolio of stocks I started building on September 8, at a one stock per week pace for the next year, is named Vista. I will select its eighteenth stock this weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today I'll review the second of five financial services sector stock candidates vying to be that eighteenth selection in Vista.

Today we look at a small-cap credit services company named Federal Agricultural Mortgage Corp. Its trading ticker symbol is AGM. This is my first ever report on Federal Agricultural Mortgage Corp for any of my dog of the week portfolios

Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of four segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.

Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.

I use three key data points to gauge dividend equities or funds like Federal Agricultural Mortgage Corp:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

AGM Price

AGM's price per share closed at $75.01 yesterday. A year ago its price was $83.40. Price is down $8.39 or about 10% on the year.

If Federal Agricultural Mortgage Corp stock trades in the range of $6 to $10 this next year, its recent $75.10 price might rise by $9.99 to reach $85.00 by January 5, 2022. 

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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