Federal Agricultural Mortgage Corporation (AGM)
| Market Cap | 1.13B |
| Revenue (ttm) | 224.47M |
| Net Income (ttm) | 101.49M |
| Shares Out | 10.76M |
| EPS (ttm) | 9.39 |
| PE Ratio | 11.28 |
| Forward PE | n/a |
| Dividend | $3.36 (3.17%) |
| Ex-Dividend Date | Sep 14, 2021 |
| Volume | 24,712 |
| Open | 103.88 |
| Previous Close | 104.17 |
| Day's Range | 103.88 - 106.43 |
| 52-Week Range | 60.31 - 109.95 |
| Beta | 1.12 |
| Analysts | Strong Buy |
| Price Target | 117.00 (+10.5%) |
| Est. Earnings Date | Nov 9, 2021 |
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...
Financial Performance
In 2020, AGM's revenue was $198.84 million, an increase of 4.33% compared to the previous year's $190.58 million. Earnings were $108.65 million, a decrease of -0.82%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for AGM stock is "Strong Buy" and the 12-month stock price forecast is 117.00.
News
Farmer Mac Announces Strategic Acquisition and Expansion of Loan Servicing Function
WASHINGTON, Aug. 18, 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 affo...
Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
WASHINGTON, Aug. 11, 2021 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a third quarter dividend of $0.88 per share for each of Farmer...
Farmer Mac Reports Second Quarter 2021 Results
WASHINGTON, Aug. 5, 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 affor...
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 affo...
Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
WASHINGTON, June 1, 2021 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a second quarter dividend of $0.88 per share for each of Farmer...
Farmer Mac Prices $125 Million of Series G Preferred Stock
WASHINGTON, May 20, 2021 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced that it has agreed to issue $125 million of Tier 1 capital throug...
Farmer Mac Announces Election of Roy H. Tiarks to Board of Directors
WASHINGTON, May 17, 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 affor...
Farmer Mac Reports First Quarter 2021 Results
WASHINGTON, May 6, 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 afford...
Farmer Mac to Announce First Quarter 2021 Financial Results
WASHINGTON, April 29, 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...
A Trio of Graham-Style Stocks for the Value Investor
To enhance the effectiveness of the search for value opportunities, one method is to choose stocks whose "Graham blended multiplier" is less than 22.5. Designed by Benjamin Graham, the father of value i...
Farmer Mac: It Trades Like A Bank But Is Far Better; This Stock Should Be A Double
Farmer Mac delivered another great quarter. Well on its way to earning $9 per share this year. Farmer Mac trades like a bank, but it significantly outperforms them.
Federal Agricultural Mortgage Corp (AGM) CEO Brad Nordholm on Q3 2020 Results - Earnings Call Transcript
Federal Agricultural Mortgage Corp (AGM) CEO Brad Nordholm on Q3 2020 Results - Earnings Call Transcript
Investment Science Denial - Revisiting My Farmer Mac Long And Zillow Short
I believe that Farmer Mac has a more than 100% upside and Zillow an 80% downside.
5 All-Star Russell 2000 Stocks to Buy Now
Big-ticket Russell 2000 stocks are not getting the same love as S&P 500 constituents. Investors are preferring to pour their capital in safe, reliable tech stocks but are forgoing the chance to take adv...
Farmer Mac Prices $120 Million of Series F Preferred Stock
WASHINGTON, Aug. 13, 2020 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced that it has agreed to issue $120 million of Tier 1 capital throu...
Federal Agricultural Mortgage Corporation (AGM) CEO Brad Nordholm on Q2 2020 Results - Earnings Call Transcript
Federal Agricultural Mortgage Corporation (AGM) CEO Brad Nordholm on Q2 2020 Results - Earnings Call Transcript
The Value Vs. Growth Chasm: Farmer Mac Vs. Redfin
Farmer Mac's stock is off a third from its high, while Redfin's stock more than doubled the past year.
Farmer Mac: A New 5.75% Preferred Stock IPO Enters The Exchange
Farmer Mac: A New 5.75% Preferred Stock IPO Enters The Exchange
Farmer Mac's Q1 Was On Track - A Crazy Cheap Stock And An Awesome Income Generator
Farmer Mac's Q1 Was On Track - A Crazy Cheap Stock And An Awesome Income Generator
Federal Agricultural Mortgage Corporation (AGM) CEO Brad Nordholm on Q1 2020 Results - Earnings Call Transcript
Federal Agricultural Mortgage Corporation (AGM) CEO Brad Nordholm on Q1 2020 Results - Earnings Call Transcript
Buy Farmer Mac: An Earnings Oasis; A Reasonable Triple In 3 Years
Buy Farmer Mac: An Earnings Oasis; A Reasonable Triple In 3 Years
Federal Agricultural Mortgage Corporation (AGM) CEO Brad Nordholm on Q4 2019 Results - Earnings Call Transcript
Federal Agricultural Mortgage Corporation (AGM) CEO Brad Nordholm on Q4 2019 Results - Earnings Call Transcript
Farmer Mac: Another Boring Quarter. Perfect. And More Growth Likely Ahead.
Farmer Mac: Another Boring Quarter. Perfect. And More Growth Likely Ahead.