Federal Agricultural Mortgage Corporation (AGM.A)

NYSE: AGM.A · IEX Real-Time Price · USD
146.50
0.00 (0.00%)
At close: Feb 22, 2024, 4:00 PM
142.50
-4.00 (-2.73%)
After-hours: Feb 26, 2024, 4:00 PM EST
0.00%
Market Cap 1.91B
Revenue (ttm) 350.20M
Net Income (ttm) 172.84M
Shares Out 11.55M
EPS (ttm) 15.81
PE Ratio 9.27
Forward PE 8.42
Dividend $5.60 (3.82%)
Ex-Dividend Date Mar 14, 2024
Volume 425
Open 145.00
Previous Close 146.50
Day's Range 145.00 - 146.50
52-Week Range 100.61 - 159.49
Beta 1.11
Analysts Strong Buy
Price Target 195.00 (+33.11%)
Earnings Date Feb 23, 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 Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy segments. 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 eligibl... [Read more]

Industry Credit Services
Sector Financials
Founded 1987
Employees 185
Stock Exchange NYSE
Ticker Symbol AGM.A
Full Company Profile

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 Statements

Analyst Forecast

According to 2 analysts, the average rating for AGM.A stock is "Strong Buy." The 12-month stock price forecast is $195.0, which is an increase of 33.11% from the latest price.

Price Target
$195.0
(33.11% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

17 days ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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 ...

10 months ago - PRNewsWire

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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

2 years 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...

2 years 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...

2 years 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
2 years 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...

2 years ago - PRNewsWire

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

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5 years ago - GuruFocus