Federal Agricultural Mortgage Corporation (AGM.A)
Market Cap | 2.09B |
Revenue (ttm) | 347.66M |
Net Income (ttm) | 170.41M |
Shares Out | 1.03M |
EPS (ttm) | 15.55 |
PE Ratio | 12.26 |
Forward PE | 11.15 |
Dividend | $5.60 (3.82%) |
Ex-Dividend Date | Dec 16, 2024 |
Volume | 127 |
Open | 150.17 |
Previous Close | 146.60 |
Day's Range | 150.17 - 150.17 |
52-Week Range | 122.23 - 167.50 |
Beta | 1.06 |
Analysts | Hold |
Price Target | 205.00 (+36.51%) |
Earnings Date | Feb 21, 2025 |
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 $346.59 million, an increase of 13.54% compared to the previous year's $305.25 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 "Hold" and the 12-month stock price forecast is $205.0.
News
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 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...
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...
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 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...
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...
Farmer Mac: An Academic's Case For Higher Value
Farmer Mac is a safe earnings growth machine, with a 79% increase in operating EPS over four years. Despite its low P/E ratio, Farmer Mac is valued higher than top-notch companies like Toll Brothers a...
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...
Farmer Mac: A Lot To Like About It
Federal Agricultural Mortgage Corporation (Farmer Mac) provides loans to farmers, agriculture-related businesses, and rural infrastructure projects, backed by the Federal Government. The company has a...
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...
Farmer Mac: This 'Hold Forever' Stock Keeps Purring
Farmer Mac has generated a total return of 131% over the past four years, double the S&P 500 return. Q2 earnings for Farmer Mac increased by 24% compared to the previous year, with stable interest mar...
Farmer Mac: Solid Fundamentals Supported By Well-Covered Dividend
Federal Agricultural Mortgage Corporation has a strong track record with low loan losses and a stable income stream. The company has seen consistent growth, with a compound annual growth rate of 10% i...
Farmer Mac: A Safe, Dividend Growth Play With A Long Growth Runway
Farmer Mac has outstanding loan loss rates. Furthermore, the federal government's support of agricultural businesses also mitigates potential loan losses. The company just posted a record-breaking Q1 ...
Farmer Mac: Favorable Macro Tailwinds For Renewal Of The Rural Economy
In the past year, the Federal Agricultural Mortgage Corporation has experienced better price growth than both the S&P 500 and the agricultural producer ETF. This reflects YoY 22.92% revenue growth, to...
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...
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 ...
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...
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...
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...