Federal Agricultural Mortgage Corporation (AGM.A)

NYSE: AGM.A · IEX Real-Time Price · USD
107.44
0.00 (0.00%)
At close: Mar 23, 2023, 12:00 AM
108.50
+1.06 (0.99%)
After-hours: Mar 30, 2023, 4:00 PM EDT
Market Cap 1.33B
Revenue (ttm) 308.31M
Net Income (ttm) 150.98M
Shares Out 12.35M
EPS (ttm) 13.87
PE Ratio 7.75
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 285
Open 107.44
Previous Close 107.44
Day's Range 107.44 - 107.44
52-Week Range 87.50 - 125.01
Beta 1.04
Analysts Buy
Price Target 118.57 (+10.36%)
Earnings Date n/a

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: Farm & Ranch, USDA (United States Department of Agriculture) 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... [Read more]

Industry Credit Services
Sector Financials
Founded 1987
Employees 153
Stock Exchange NYSE
Ticker Symbol AGM.A
Full Company Profile

Financial Performance

In 2022, AGM.A's revenue was $308.31 million, an increase of 25.39% compared to the previous year's $245.88 million. Earnings were $150.98 million, an increase of 35.51%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for AGM.A stock is "Buy." The 12-month stock price forecast is $118.57, which is an increase of 10.36% from the latest price.

Price Target
$118.57
(10.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

Other symbols: AGM
1 month ago - PRNewsWire

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...

Other symbols: AGM
1 month ago - PRNewsWire

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...

Other symbols: AGM
1 month ago - PRNewsWire

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...

Other symbols: AGM
5 months ago - PRNewsWire

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...

Other symbols: AGM
5 months ago - PRNewsWire

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...

Other symbols: AGM
8 months ago - PRNewsWire

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...

Other symbols: AGM
8 months ago - PRNewsWire

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...

Other symbols: AGM
8 months ago - PRNewsWire

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...

Other symbols: AGM
1 year ago - PRNewsWire

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...

Other symbols: AGM
1 year ago - PRNewsWire

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...

Other symbols: AGM
1 year ago - PRNewsWire

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...

Other symbols: AMG
1 year ago - PRNewsWire

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...

Other symbols: AGM
1 year ago - PRNewsWire

Low Price-Earnings Stocks: Goldman Sachs, Gravity

The following stocks have low price-earnings ratios and have been bought by gurus.

Other symbols: GSABGAGMFTV
4 years ago - GuruFocus