Federal Agricultural Mortgage Corporation (AGM)

Market Cap	1.33B
Revenue (ttm)	298.82M
Net Income (ttm)	144.67M
Shares Out	10.80M
EPS (ttm)	12.64
PE Ratio	9.57
Forward PE	n/a
Dividend	$3.73 (3.08%)
Ex-Dividend Date	Dec 14, 2022

Volume	30,761
Open	124.29
Previous Close	125.25
Day's Range	120.54 - 124.29
52-Week Range	90.38 - 130.61
Beta	0.99
Analysts	Buy
Price Target	140.76 (+16.4%)
Earnings Date	Nov 7, 2022

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: 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...

• Industry: Thrifts & Mortgage Finance
• Founded: 1987
• CEO: Bradford Nordholm
• Employees: 153
• Stock Exchange: NYSE
• Ticker Symbol: AGM

Financial Performance

In 2021, AGM's revenue was $241.03 million, an increase of 21.22% compared to the previous year's $198.84 million. Earnings were $132.26 million, an increase of 21.73%.

Analyst Forecast

According to 5 analysts, the average rating for AGM stock is "Buy." The 12-month stock price forecast is 140.76, which is an increase of 16.37% from the latest price.

Price Target

$140.76

(16.37% upside)

Analyst Consensus: Buy