Federal Agricultural Mortgage Corp. COO Tom D. Stenson Sells 11,214 Shares (AGM)
Federal Agricultural Mortgage Corp. (NYSE:AGM) COO Tom D. Stenson sold 11,214 shares of the stock on the open market in a transaction dated Friday, August 15th. The stock was sold at an average price of $32.56, for a total transaction of $365,127.84. Following the transaction, the chief operating officer now directly owns 18,770 shares of the company’s stock, valued at approximately $611,151. The sale was disclosed in a filing with the SEC, which is available at this link.
Federal Agricultural Mortgage Corp. (NYSE:AGM) opened at 33.64 on Wednesday. Federal Agricultural Mortgage Corp. has a one year low of $28.00 and a one year high of $36.77. The stock’s 50-day moving average is $30.43 and its 200-day moving average is $31.80. The company has a market cap of $367.5 million and a P/E ratio of 7.79.
Federal Agricultural Mortgage Corp. (NYSE:AGM) last announced its earnings results on Monday, August 11th. The company reported $2.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.02 by $1.03. Analysts expect that Federal Agricultural Mortgage Corp. will post $4.39 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Investors 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 1.66%. 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.