Federal Agricultural Mortgage Corp. (NYSE:AGM) saw an uptick in trading volume on Monday . 112,280 shares traded hands during mid-day trading, an increase of 107% from the previous session’s volume of 54,304 shares.The stock last traded at $40.20 and had previously closed at $39.08.

Several research firms recently issued reports on AGM. Compass Point cut Federal Agricultural Mortgage Corp. from a “buy” rating to a “neutral” rating and set a $40.00 price objective on the stock. in a research report on Thursday, May 12th. Sidoti cut Federal Agricultural Mortgage Corp. from a “buy” rating to a “neutral” rating in a report on Wednesday, May 11th. Five analysts have rated the stock with a hold rating, Federal Agricultural Mortgage Corp. has a consensus rating of “Hold” and an average target price of $38.00.

The company has a 50-day moving average price of $37.40 and a 200 day moving average price of $36.22. The company has a market cap of $419.95 million and a P/E ratio of 9.67.

Federal Agricultural Mortgage Corp. (NYSE:AGM) last issued its quarterly earnings data on Tuesday, August 9th. The company reported $1.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.09. Equities analysts anticipate that Federal Agricultural Mortgage Corp. will post $4.66 earnings per share for the current year.

In other Federal Agricultural Mortgage Corp. news, CEO Timothy L. Buzby sold 3,235 shares of Federal Agricultural Mortgage Corp. stock in a transaction on Friday, May 27th. The shares were sold at an average price of $36.00, for a total value of $116,460.00. Following the transaction, the chief executive officer now directly owns 82,029 shares of the company’s stock, valued at $2,953,044. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Chester J. Culver sold 1,000 shares of Federal Agricultural Mortgage Corp. stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $36.67, for a total transaction of $36,670.00. Following the completion of the transaction, the director now directly owns 5,904 shares in the company, valued at $216,499.68. The disclosure for this sale can be found here.

Federal Agricultural Mortgage Corporation (Farmer Mac) provides a secondary market for a range of loans made to borrowers in rural America. The Company operates through four segments: Farm & Ranch, the United States Department of Agriculture (USDA) Guarantees, Rural Utilities and Institutional Credit.

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