|Bid||67.50 x 1100|
|Ask||70.36 x 1100|
|Day's Range||68.73 - 70.54|
|52 Week Range||40.05 - 87.00|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||8.50|
|Earnings Date||Feb 23, 2021 - Mar 01, 2021|
|Forward Dividend & Yield||3.20 (4.73%)|
|Ex-Dividend Date||Dec 14, 2020|
|1y Target Est||N/A|
The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a fourth quarter dividend of $0.80 per share for each of Farmer Mac's three classes of common stock – Class A Voting Common Stock (NYSE: AGM.A), Class B Voting Common Stock (not listed on any exchange), and Class C Non-Voting Common Stock (NYSE: AGM). The quarterly dividend will be payable on December 31, 2020 to holders of record of common stock as of December 15, 2020.
Good afternoon everyone, I'm Brad Nordholm, and I'm very pleased to welcome you to the third quarter 2020 investor conference call. Actual results may differ materially from the results expressed or implied by the forward-looking statements.
Shares of Federal Agricultural (NYSE:AGM) were flat in after-market trading after the company reported Q3 results.Quarterly Results Earnings per share increased 18.43% over the past year to $2.57, which beat the estimate of $2.25.Revenue of $56,914,000 rose by 18.43% from the same period last year, which beat the estimate of $51,430,000.Outlook Federal Agricultural hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: Nov 09, 2020View more earnings on AGMTime: 05:00 PMET Webcast URL: https://www.webcaster4.com/Webcast/Page/878/38082Technicals 52-week high: $87.0052-week low: $40.05Price action over last quarter: down 7.02%Company Description 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.See more from Benzinga * Click here for options trades from Benzinga * Recap: Bluegreen Vacations Q3 Earnings * Omeros: Q3 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.