Federal Agricultural Mortgage Corp. Class A (NYSE:AGM.A) Finishes Down 23.22%

Federal Agricultural Mortgage Corp. Class A (NYSE:AGM.A)

December 3rd, 2018
Amidst rising markets Federal Agricultural Mortgage Corp. Class A fell $18.39 Monday, down 23.22%, closing at $60.80.

AGM.A was outperformed by the rest of the Financials sector which went up 0.47%.

Market Sectors

The market sectors were mixed Monday with a majority of the sectors trending up. Energy saw the biggest increase of the day (2.28%), while Consumer Staples saw the biggest drop (0.09%). Healthcare has seen the biggest year-to-date gain at 15%. The biggest loss this year has been the Materials sector dropping 9.98%.

Consumer Staples saw a turn around from its 5-day performance of 2.85% trading down 0.09%.

Sector Breakdown

  • Energy went up with a 2.28% change.
  • Consumer Discretionary went up with a 2.21% change.
  • Information Technology went up with a 2.11% change.
  • Materials went up with a 1.75% change.
  • Industrials went up with a 1.17% change.
  • Utilities went up with a 0.88% change.
  • Financials went up with a 0.47% change.
  • Healthcare went up with a 0.44% change.
  • Real Estate went up with a 0.36% change.
  • Communication Services went up with a 0.08% change.
  • Consumer Staples went down with a -0.09% change.

Federal Agricultural Mortgage Corp. Class A Info

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the United States Department of Agriculture (USDA). The Rural Utilities segment purchases and guarantees securities that are backed by eligible rural electric and telephone loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of institutions that are secured by types of loans eligible under the Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.

All amounts in USD unless otherwise indicated

AGM.A daily update
AGM.A daily update

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