Federal Agricultural Mortgage Corporation Common Stock (AGM)
197.78
-1.64 (-0.82%)
Federal Agricultural Mortgage Corp is a specialized government-sponsored enterprise that primarily focuses on enhancing the availability of credit in the agricultural sector
It plays a crucial role in providing liquidity, risk management solutions, and access to capital for lenders and borrowers within the agricultural and rural infrastructure markets. By issuing securities backed by agricultural loans, the corporation supports the growth and stability of American agriculture, ensuring that farmers and agribusinesses have the financial resources they need to thrive.
Companies Reporting Before The Bell • Fomento Economico (NYSEFMX) is likely to report quarterly earnings at $1.61 per share on revenue of $11.66 billion.
Companies Reporting Before The Bell • Kosmos Energy (NYSEKOS) is expected to report quarterly earnings at $0.16 per share on revenue of $366.82 million.
Shares of Federal Agricultural Mortgage Corporation (NYSEAGM) traded at a new 52-week high today and are currently trading at $177.35. So far today, approximately 3,110 shares have been exchanged, as compared to an average 30-day volume of 56,627 shares.
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Federal Agricultural Mortgage Corporation's revenue is projected to grow by 6.80% next year. Earnings are estimated to increase by 5.90% this year, and an additional 8.00% next year.