Federal Agricultural Mortgage Corporation (AGM.A)
Market Cap | 1.88B |
Revenue (ttm) | 361.82M |
Net Income (ttm) | 179.55M |
Shares Out | 15.07M |
EPS (ttm) | 16.40 |
PE Ratio | 7.62 |
Forward PE | 7.36 |
Dividend | $5.60 (4.48%) |
Ex-Dividend Date | Jun 14, 2024 |
Volume | 122 |
Open | 124.98 |
Previous Close | 126.83 |
Day's Range | 124.98 - 124.98 |
52-Week Range | 112.39 - 160.48 |
Beta | 1.05 |
Analysts | Buy |
Price Target | 212.00 (+69.63%) |
Earnings Date | Aug 5, 2024 |
About AGM.A
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... [Read more]
Financial Performance
In 2023, AGM.A'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%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for AGM.A stock is "Buy" and the 12-month stock price forecast is $212.0.
News
![](https://cdn.snapi.dev/images/v1/p/r/press16-2483129.jpg)
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...
![](https://cdn.snapi.dev/images/v1/c/o/conf16-2384255.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/p/r/press4-2353126.jpg)
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...
![](https://cdn.snapi.dev/images/v1/c/o/conf6-2269252.jpg)
Farmer Mac to Announce Fourth Quarter and Full Year 2023 Financial Results
WASHINGTON , Feb. 9, 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 fi...
![](https://cdn.snapi.dev/images/v1/p/r/press7-2142661.jpg)
Farmer Mac Reports Third Quarter 2023 Results
- Outstanding Business Volume of $27.7 Billion - WASHINGTON , Nov. 6, 2023 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary marke...
![](https://cdn.snapi.dev/images/v1/c/o/conf1-2116236.jpg)
Farmer Mac to Announce Third Quarter 2023 Financial Results
WASHINGTON , Oct. 23, 2023 /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...
![](https://cdn.snapi.dev/images/v1/p/r/press13-1880701.jpg)
Farmer Mac Reports First Quarter 2023 Results
- Outstanding Business Volume of $26.5 Billion - WASHINGTON , May 9, 2023 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market...
![](https://cdn.snapi.dev/images/v1/c/o/conf19-1853580.jpg)
Farmer Mac to Announce First Quarter 2023 Financial Results
WASHINGTON , April 25, 2023 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of ...
![](https://cdn.snapi.dev/images/v1/p/r/press10-1768955.jpg)
Farmer Mac Closes $283.6 Million Securitization of Agricultural Mortgage-Backed Securities (AMBS)
The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural...
![](https://cdn.snapi.dev/images/v1/c/o/conf7-1748069.jpg)
Farmer Mac to Announce Fourth Quarter and Full Year 2022 Financial Results
WASHINGTON , Feb. 9, 2023 /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...
![](https://cdn.snapi.dev/images/v1/p/r/press16-1745480.jpg)
Farmer Mac Wins Top Workplaces USA Award
WASHINGTON , Feb. 8, 2023 /PRNewswire/ -- Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financ...
![](https://cdn.snapi.dev/images/v1/p/r/press7-1601292.jpg)
Farmer Mac Wins Four National Top Workplaces Culture Excellence Awards
WASHINGTON , Oct. 26, 2022 /PRNewswire/ -- Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and affor...
![](https://cdn.snapi.dev/images/v1/c/o/conf15-1596191.jpg)
Farmer Mac to Announce Third Quarter 2022 Financial Results
WASHINGTON , Oct. 24, 2022 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and a...
![](https://cdn.snapi.dev/images/v1/p/r/press13-1501581.jpg)
Farmer Mac Closes $301.1 Million Securitization of Agricultural Mortgage-Backed Securities (AMBS)
WASHINGTON , Aug. 11, 2022 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), a stockholder-owned, federally chartered corporation that provides a seconda...
![](https://cdn.snapi.dev/images/v1/p/r/press5-1494113.jpg)
Farmer Mac Reports Second Quarter 2022 Results
- Outstanding Business Volume of $24.5 Billion - WASHINGTON , Aug. 8, 2022 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary marke...
![](https://cdn.snapi.dev/images/v1/c/o/conf14-1467256.jpg)
Farmer Mac to Announce Second Quarter 2022 Financial Results
WASHINGTON , July 25, 2022 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and a...
![](https://cdn.snapi.dev/images/v1/p/r/press12-1305705.jpg)
Farmer Mac Announces Lowell L. Junkins as Board Chair
WASHINGTON , April 4, 2022 /PRNewswire/ -- Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and affor...
![](https://cdn.snapi.dev/images/v1/c/o/conf2-1232951.jpg)
Farmer Mac to Announce Fourth Quarter and Full Year 2021 Financial Results
WASHINGTON, Feb. 14, 2022 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and af...
![](https://cdn.snapi.dev/images/v1/p/r/press19-1096016.jpg)
Farmer Mac Reports Third Quarter 2021 Results
WASHINGTON, Nov. 8, 2021 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and aff...
![](https://cdn.snapi.dev/images/v1/c/o/conf12-1066642.jpg)
Farmer Mac to Announce Third Quarter 2021 Financial Results
WASHINGTON, Oct. 25, 2021 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and af...
![](https://cdn.snapi.dev/images/v1/c/o/conf1-926350.jpg)
Farmer Mac to Announce Second Quarter 2021 Financial Results
WASHINGTON, July 26, 2021 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and af...
![](https://cdn.snapi.dev/images/v1/b/a/bank13.jpg)
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