Federal Agricultural Mortgage Corp. (AGM) saw a big move last session, as the company’s shares fell over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $31.76 to $33.00 in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

AGM currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0%.

Some better-ranked stocks in the same sector include Essent Group Ltd. (ESNT), Federal National Mortgage Association (FNMA) and JAVELIN Mortgage Investment Corp. (JMI). All these stocks hold a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>




FEDERAL AGRICULTURAL MORTGAGE CO (AGM): Free Stock Analysis Report

ESSENT GROUP LTD (ESNT): Free Stock Analysis Report

FEDERAL NATL MTG ASSN (FNMA): Free Stock Analysis Report

JAVELIN MORTGAGE INVESTMENT CORP (JMI): Free Stock Analysis Report


Zacks Investment Research