Federal Agricultural Mortgage Corporation (AGM)
| Market Cap | 2.12B |
| Revenue (ttm) | 360.58M |
| Net Income (ttm) | 180.43M |
| Shares Out | 10.89M |
| EPS (ttm) | 16.44 |
| PE Ratio | 11.79 |
| Forward PE | 11.19 |
| Dividend | $6.00 (3.10%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 29,152 |
| Open | 193.54 |
| Previous Close | 192.96 |
| Day's Range | 193.20 - 194.90 |
| 52-Week Range | 169.17 - 217.60 |
| Beta | 1.13 |
| Analysts | Hold |
| Price Target | 230.00 (+18.38%) |
| Earnings Date | May 5, 2025 |
About AGM
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The company is involved in a line of agricultural finance business, including 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... [Read more]
Financial Performance
In 2024, AGM's revenue was $360.58 million, an increase of 4.13% compared to the previous year's $346.28 million. Earnings were $180.43 million, an increase of 4.39%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for AGM stock is "Hold" and the 12-month stock price forecast is $230.0.
News
Farmer Mac Appoints Daniel L. Shaw to Board of Directors
WASHINGTON , March 26, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of ...
Federal Agricultural Mortgage: Sharp Increase In Non-Accruing Loans But Preferred Shares Still Attractive
Federal Agricultural Mortgage (Farmer Mac) maintains a conservative balance sheet with a low LTV ratio, ensuring strong collateral backing for its loans. AGM's 2024 financial results showed a signific...
Federal Agricultural Mortgage Corporation (AGM) Q4 2024 Earnings Call Transcript
Federal Agricultural Mortgage Corporation (NYSE:AGM) Q4 2024 Results Conference Call February 21, 2025 8:30 AM ET Company Participants Jalpa Nazareth - Senior Director, IR & Finance Strategy Brad Nor...
Farmer Mac Reports 2024 Results
- Announces 7% Dividend Increase - - Outstanding Business Volume of $29.5 Billion - WASHINGTON , Feb. 21, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and ...
Farmer Mac to Announce Fourth Quarter and Full Year 2024 Financial Results
WASHINGTON , Feb. 6, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of fi...
Federal Agricultural Mortgage Corp.: I'm Buying The 6.4% Yielding Preferred Stock
Federal Agricultural Mortgage (Farmer Mac) maintains a conservative balance sheet, ensuring limited loan loss provisions and strong preferred dividend coverage despite rising interest rates. Preferred...
Farmer Mac Closes $318.8 Million Securitization of Agricultural Mortgage-Backed Securities (AMBS)
WASHINGTON , Nov. 26, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of f...
Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
WASHINGTON , Nov. 6, 2024 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a fourth quarter dividend of $1.40 per share for each of Far...
Federal Agricultural Mortgage Corporation (AGM) Q3 2024 Earnings Call Transcript
Federal Agricultural Mortgage Corporation (NYSE:AGM) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Jalpa Nazareth - Senior Director, IR & Finance Strategy Bradford...
Farmer Mac Reports Third Quarter 2024 Results
- Outstanding Business Volume of $28.5 Billion - WASHINGTON , Nov. 4, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary marke...
Farmer Mac to Announce Third Quarter 2024 Financial Results
WASHINGTON , Oct. 21, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of f...
Farmer Mac: All Models Point To Undervaluation
Despite negative EPS revisions and near-term declines in momentum, Farmer Mac has maintained impressive growth and profitability metrics. My fair value estimates suggest the stock is undervalued by 20...
Federal Agricultural Mortgage Corporation (AGM) Q2 2024 Earnings Call Transcript
Federal Agricultural Mortgage Corporation (NYSE:AGM) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Jalpa Nazareth - Senior Director, IR and Finance Strategy Bradford...
Farmer Mac Reports Second Quarter 2024 Results
- Outstanding Business Volume of $28.8 Billion - WASHINGTON , Aug. 5, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary marke...
Farmer Mac to Announce Second Quarter 2024 Financial Results
WASHINGTON , July 22, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of f...
2 Preferred Stocks To Buy And Hold Forever
6-7% yields, QDI, and strong coverage, I plan to own these picks forever. Today's investors are mostly traders due to their extremely short holding periods. I collect income from low-stress securities...
Farmer Mac Wins Washington Post Top Workplaces Award
WASHINGTON , June 21, 2024 /PRNewswire/ -- Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of finan...
Farmer Mac to Redeem Outstanding Series C Preferred Stock
WASHINGTON , June 17, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.PRC) has announced that it intends to provide notice to the holders of its 6.000...
Federal Agricultural Mortgage: Stable Earnings Stream With Above-Average Growth Prospects
Federal Agricultural Mortgage stock has increased by 117% since 2019, with earnings up 90%. The company has demonstrated outstanding performance in managing credit risk, interest rate risk, and levera...
Farmer Mac Declares Quarterly Dividends, Announces Intent to Redeem Series C Preferred Stock
WASHINGTON, May 15, 2024 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a second quarter dividend of $1.40 per share for each of Farm...
Federal Agricultural Mortgage Corporation (AGM) Q1 2024 Earnings Call Transcript
Federal Agricultural Mortgage Corporation (NYSE:AGM) Q1 2024 Earnings Conference Call May 6, 2024 8:30 AM ET Company Participants Jalpa Nazareth - Senior Director, Investor Relations and Finance Stra...
Farmer Mac to Announce First Quarter 2024 Financial Results
WASHINGTON , April 22, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of ...
Farmer Mac: Ultra Safe Dividend Growth With Double Digit Upside Potential
Federal Agricultural Mortgage Corporation has seen a 17% return since initial coverage, surpassing the S&P 500's return. AGM recently raised its dividend by 27%. Over the last decade, the dividend has...
Farmer Mac Closes $308.1 Million Securitization of Agricultural Mortgage-Backed Securities (AMBS)
WASHINGTON , April 2, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of f...
