Federal Agricultural Mortgage Corporation (AGM)

NYSE: AGM · IEX Real-Time Price · USD
209.87
-1.50 (-0.71%)
Jul 19, 2024, 4:00 PM EDT - Market closed
-0.71%
Market Cap 2.24B
Revenue (ttm) 361.82M
Net Income (ttm) 179.55M
Shares Out 10.67M
EPS (ttm) 16.40
PE Ratio 12.80
Forward PE 12.35
Dividend $5.60 (2.67%)
Ex-Dividend Date Jun 14, 2024
Volume 25,087
Open 211.45
Previous Close 211.37
Day's Range 209.38 - 211.64
52-Week Range 140.44 - 215.91
Beta 1.05
Analysts Buy
Price Target 212.00 (+1.02%)
Earnings Date Aug 5, 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... [Read more]

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

Financial Performance

In 2023, AGM'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 one analyst, the rating for AGM stock is "Buy" and the 12-month stock price forecast is $212.0.

Price Target
$212.0
(1.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Farmer Mac Wins Washington Post Top Workplaces Award

WASHINGTON , June 21, 2024 /PRNewswire/ -- Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of finan...

4 weeks 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...

4 weeks ago - PRNewsWire

Farmer Mac Declares Quarterly Dividends, Announces Intent to Redeem Series C Preferred Stock

WASHINGTON, May 15, 2024 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a second quarter dividend of $1.40 per share for each of Farm...

2 months ago - PRNewsWire

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 ...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

Farmer Mac Reports 2023 Results

- Announces 27% Dividend Increase - - Outstanding Business Volume of $28.5 Billion - WASHINGTON , Feb. 23, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and...

5 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...

5 months ago - PRNewsWire

Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock

WASHINGTON , Nov. 8, 2023 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a fourth quarter dividend of $1.10 per share for each of Far...

9 months 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...

9 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...

9 months ago - PRNewsWire

Farmer Mac Reports Second Quarter 2023 Results

- Outstanding Business Volume of $26.7 Billion - WASHINGTON , Aug. 7, 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 to Announce Second Quarter 2023 Financial Results

WASHINGTON , July 24, 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 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

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1 year ago - Barrons

Farmer Mac Reports 2022 Results

- Announces 16% Dividend Increase - - Outstanding Business Volume of $25.9 Billion - WASHINGTON , Feb. 24, 2023 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and...

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...

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 Reports Third Quarter 2022 Results

- Outstanding Business Volume of $25.3 Billion - WASHINGTON , Nov. 7, 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 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...

2 years 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...

2 years 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...

2 years ago - PRNewsWire