Federal Agricultural Mortgage (AGM, Financial) experienced significant stock volatility with a sharp increase of 5.15%. The stock is currently priced at $191.60 per share, with a trading volume of 32,305 shares and a turnover rate of 0.30%, while the stock's volatility stands at 4.10%.
The company's recent financial report reveals an operating revenue of $234 million and a net profit of $49.83 million, translating to earnings per share (EPS) of $3.89. The price-to-earnings (P/E) ratio is calculated at 12.29. Brokerage firms are divided in their recommendations: 50% suggest buying and 50% suggest holding, with no sell recommendations.
Within the credit services industry, of which Federal Agricultural Mortgage is a part, there was a general increase of 0.40%. Notable gainers in this sector include Pra Group, Inc., Upstart Holdings, Inc., and Finance Of America Companies Inc. High activity stocks like Upstart Holdings, Inc., Sofi Technologies, Inc., and LexinFintech Holdings Ltd. reported turnover rates of 5.85%, 3.76%, and 1.92%, respectively. Stocks with significant volatility include Pra Group, Inc., Pintec Technology Holdings Ltd., and Sezzle Inc.
Federal Agricultural Mortgage specializes in the secondary market for agricultural real estate and rural housing loans in the United States. The company operates through seven segments, including Farm & Ranch, Corporate Agricultural Finance, and Renewable Energy. It purchases qualifying loans secured by first liens on agricultural real estate and rural housing. Its subsidiaries also acquire USDA-guaranteed loans for agriculture, rural development, and community facilities.
