Federal Agricultural Mortgage Corporation (AGM)

Market Cap	2.03B
Revenue (ttm)	358.19M
Net Income (ttm)	179.44M
Shares Out	10.88M
EPS (ttm)	16.38
PE Ratio	11.38
Forward PE	11.02
Dividend	$5.60 (3.00%)
Ex-Dividend Date	Sep 16, 2024

Volume	57,910
Open	181.70
Previous Close	183.34
Day's Range	181.70 - 186.45
52-Week Range	142.32 - 217.60
Beta	1.06
Analysts	Hold
Price Target	205.00 (+9.95%)
Earnings Date	Nov 4, 2024

About AGM

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...

• Industry: Credit Services
• Sector: Financials
• Founded: 1987
• Employees: 185
• Stock Exchange: NYSE
• Ticker Symbol: AGM
• Website: https://www.farmermac.com

Financial Performance

In 2023, AGM'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%.

Analyst Forecast

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

Price Target

$205.0

(9.95% upside)

Analyst Consensus: Hold