Relatively High Debt to Equity Ratio Detected in Shares of Federal Agricultural Mortgage in the Thrifts & Mortgage Finance Industry (AGM, OCN, WAC, AF, CFFN)
Below are the three companies in the Thrifts & Mortgage Finance industry with the highest debt to equity ratios. The Debt/Equity ratio measures a company's leverage and a high level often implies that a company has financed much of its growth with debt.
Federal Agricultural Mortgage ranks highest with a a debt to equity ratio of 38.1. Ocwen Financial is next with a a debt to equity ratio of 5.5. Walter Investment Management ranks third highest with a a debt to equity ratio of 4.8.
Astoria Financial follows with a a debt to equity ratio of 2.6, and Capitol Federal Financial rounds out the top five with a a debt to equity ratio of 2.5.
SmarTrend recommended that its subscribers protect gains by selling shares of Walter Investment Management on January 15th, 2016 by issuing a Downtrend alert when the shares were trading at $11.95. Since that call, shares of Walter Investment Management have fallen 39.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest debt to equity ratio federal agricultural mortgage ocwen financial amex:wac walter investment management astoria financial capitol federal financial