About Federal Agricultural Mortgage (AGM)

The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a government-sponsored enterprise that provides a secondary market for agricultural real estate and rural housing mortgage loans in the United States. Established in 1988, Farmer Mac was created to increase the availability of long-term credit for farmers, ranchers, rural homeowners, and other rural borrowers. The corporation purchases eligible mortgage loans from approved lenders and securitizes them into agricultural mortgage-backed securities (AMBS), which are then sold to investors. This process helps to provide lenders with liquidity and allows them to make more loans to rural borrowers.

As of the most recent data, Federal Agricultural Mortgage Corp (AGM) has a market capitalization of $1.04 billion. The company's stock price has experienced fluctuations in recent years, with a 52-week range of $56.50 to $132.09. On any given trading day, the stock's price can vary within the day range. AGM's trading volume represents the total number of shares that are bought and sold during a specific period. While the stock's performance is subject to various factors, investors can analyze AGM's financial indicators to gain insight into the company's financial health and growth potential. One such indicator is the price/earnings to growth (PEG) ratio, which compares a stock's P/E ratio to its projected earnings growth rate. This ratio provides insight into whether a stock is overvalued or undervalued relative to its growth prospects.