Federal Agricultural Mortgage Corporation (AGM)

Market Cap	1.93B
Revenue (ttm)	361.82M
Net Income (ttm)	179.55M
Shares Out	10.57M
EPS (ttm)	16.40
PE Ratio	11.13
Forward PE	10.75
Dividend	$5.60 (3.07%)
Ex-Dividend Date	Jun 14, 2024

Volume	25,322
Open	180.28
Previous Close	181.34
Day's Range	180.28 - 182.99
52-Week Range	137.17 - 199.40
Beta	1.05
Analysts	Buy
Price Target	212.00 (+16.11%)
Earnings Date	Aug 5, 2024

About AGM

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy. The company's Agricultural Finance line of business engages in purchasing and retaining eligible loans and securities; guaranteeing the payment of principal and interest on securities that represent interests in or obligations secured by pools of eligible loans; servicing eligible loans; and issuing LTSPCs for e...

• Industry: Credit Services
• Sector: Financials
• Founded: 1987
• Employees: 185
• Stock Exchange: NYSE
• Ticker Symbol: AGM

Financial Performance

In 2023, AGM's revenue was $350.20 million, an increase of 13.59% compared to the previous year's $308.31 million. Earnings were $172.84 million, an increase of 14.48%.

Analyst Forecast

According to one analyst, the rating for AGM stock is "Buy" and the 12-month stock price forecast is $212.0.

Price Target

$212.0

(16.11% upside)

Analyst Consensus: Buy