Federal Agricultural Mortgage Corporation (AGM.A)

NYSE: AGM.A · Real-Time Price · USD
150.17
+3.57 (2.44%)
Jan 22, 2025, 9:30 AM EST - Market open
2.44%
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]

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 $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 Statements

Analyst Forecast

According to one analyst, the rating for AGM.A stock is "Hold" and the 12-month stock price forecast is $205.0.

Price Target
$205.0
(36.51% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - Seeking Alpha

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - Seeking Alpha

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 ...

9 months ago - PRNewsWire

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...

9 months ago - Seeking Alpha

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...

10 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year 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 ...

1 year 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...

2 years 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...

2 years 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...

2 years ago - PRNewsWire