Federal Agricultural Mortgage Corporation (NYSE:AGM) Director Dennis A. Everson sold 700 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $67.08, for a total value of $46,956.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Dennis A. Everson also recently made the following trade(s):

  • On Friday, June 2nd, Dennis A. Everson sold 300 shares of Federal Agricultural Mortgage Corporation stock. The shares were sold at an average price of $61.90, for a total value of $18,570.00.

Federal Agricultural Mortgage Corporation (AGM) opened at 67.31 on Friday. The stock has a market cap of $713.76 million, a P/E ratio of 9.27 and a beta of 1.18. The stock has a 50 day moving average price of $67.46 and a 200 day moving average price of $62.13. Federal Agricultural Mortgage Corporation has a 52-week low of $37.84 and a 52-week high of $74.01.

Federal Agricultural Mortgage Corporation (NYSE:AGM) last released its quarterly earnings results on Wednesday, August 9th. The credit services provider reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.12. The business had revenue of $43.48 million for the quarter. Federal Agricultural Mortgage Corporation had a return on equity of 15.01% and a net margin of 24.02%. On average, equities research analysts forecast that Federal Agricultural Mortgage Corporation will post $5.85 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, September 14th. Federal Agricultural Mortgage Corporation’s dividend payout ratio is currently 19.81%.

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Several equities analysts have recently weighed in on the company. BidaskClub downgraded Federal Agricultural Mortgage Corporation from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. TheStreet downgraded Federal Agricultural Mortgage Corporation from a “b-” rating to a “c+” rating in a research report on Friday, August 11th. Finally, Keefe, Bruyette & Woods set a $65.00 target price on Federal Agricultural Mortgage Corporation and gave the company a “hold” rating in a research report on Tuesday, May 16th.

Several large investors have recently added to or reduced their stakes in the company. Globeflex Capital L P purchased a new stake in Federal Agricultural Mortgage Corporation during the first quarter worth $114,000. C M Bidwell & Associates Ltd. purchased a new stake in Federal Agricultural Mortgage Corporation during the second quarter worth $222,000. Citadel Advisors LLC purchased a new stake in Federal Agricultural Mortgage Corporation during the first quarter worth $250,000. Karp Capital Management Corp purchased a new stake in Federal Agricultural Mortgage Corporation during the first quarter worth $269,000. Finally, Virtu KCG Holdings LLC purchased a new stake in Federal Agricultural Mortgage Corporation during the second quarter worth $275,000. Institutional investors and hedge funds own 65.14% of the company’s stock.

Federal Agricultural Mortgage Corporation Company Profile

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.

Insider Buying and Selling by Quarter for Federal Agricultural Mortgage Corporation (NYSE:AGM)

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