Federal Agricultural Mortgage Corp. SVP Unloads $164,050 in Stock (AGM)
Federal Agricultural Mortgage Corp. (NYSE:AGM) SVP Stephen P. Mullery sold 5,000 shares of the stock on the open market in a transaction dated Friday, August 15th. The stock was sold at an average price of $32.81, for a total transaction of $164,050.00. Following the transaction, the senior vice president now directly owns 9,246 shares in the company, valued at approximately $303,361. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Federal Agricultural Mortgage Corp. (NYSE:AGM) traded up 0.40% during mid-day trading on Friday, hitting $32.62. 43,301 shares of the company’s stock traded hands. Federal Agricultural Mortgage Corp. has a 52-week low of $28.00 and a 52-week high of $36.77. The stock has a 50-day moving average of $30.2 and a 200-day moving average of $31.76. The company has a market cap of $356.3 million and a P/E ratio of 7.50.
Federal Agricultural Mortgage Corp. (NYSE:AGM) last released its earnings data on Monday, August 11th. The company reported $2.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.02 by $1.03. On average, analysts predict that Federal Agricultural Mortgage Corp. will post $4.39 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Friday, September 12th.
The Federal Agricultural Mortgage Corporation (NYSE:AGM) is a stockholder-owned, federally chartered corporation that combines private capital and public sponsorship to serve a public purpose.
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