Company Data
Federal Agricultural Mortgage Corporation
Ticker
AGM
Current Price
$208.09 6.35%
Market Cap
$2.3B
Price Target
Refer to Report
Volume
73.8K
52wk Range
$169.17 - $217.5999
Overview
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of four segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases the portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA. The company derives most of its revenue from Farm & Ranch segment.