Federal Agricultural Mortgage Corporation (AGM) stock rallied over 0.65% intraday to trade at $96.95 a share on NYSE. The stock opened with a gain of 2.51% at $96.27 and touched an intraday high of $98.99, rising 0.65% against the last close of $96.32. The stock went to a low of $95.63 during the session.
Number of Shares
Cash Flow per Share
Free Float in %
Sales or Revenue238.01 Million
5Y Sales Change6.70%
Fiscal Year Ends2021-12-30
IndustryThrifts and Mortgage Finance
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the USDA. The Rural Utilities segment purchases and guarantees securities that are backed by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and purchases eligible rural utilities loans and guarantees of securities backed by those loans, as well as LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment guarantees and purchases general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farmer Mac's Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.
Federal Agricultural Mortgage Corporation (NYSE: AGM) stock price is $96.95 as of the last check on Thursday, June 23. During the trading session, AGM stock reached the peak price of $98.99 while $95.63 was the lowest point it dropped to.
The NYSE listed AGM is part of Thrifts and Mortgage Finance industry that operates in the broader Financials sector. Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit.
Mr. Bradford Todd Nordholm
Pres & CEO
Ms. Aparna Ramesh
Exec. VP & CFO
Mr. Stephen P. Mullery
Exec. VP, Gen. Counsel & Corp. Sec.
Mr. Zachary N. Carpenter
Exec. VP & Chief Bus. Officer
AGM stock traded closed the last session at $96.95, which is $0.63 or 0.65% lower than its previous close of $96.32. AGM's current trading price is 7.27% lower than its 52-week high of $137.01 where as its distance from 52-week low of 90.38% is -29.24%.
Number of AGM employees currently stands at -. AGM operates from 1999 K Street, NW, 4th Floor, Washington, DC 20006, United States.
Official Webiste of $AGM is: https://www.farmermac.com
AGM stock volume for the day was 31,553 shares while in the previous session number of AGM shares traded was 31,600 . The average number of AGM shares traded daily for last 3 months was 31.57 Thousands.
The percentage change in AGM stock occurred in the recent session was 0.65% while the dollar amount for the price change in AGM stock was $0.63.
In the recent session, the day high for AGM stock was $98.99 while the low for AGM stock touched on the day was $95.63.
The market value of AGM currently stands at 1.03 Billion with its latest stock price at $96.95 and 10.77 Million of its shares outstanding.