Federal Agricultural Mortgage Corporation (AGM)
Class C Shares
Stock Price:
$69.51 USD
0.82 (1.19%)
Updated Oct 20, 2020 12:20 PM EDT - Market open
Key Info
| Market Cap |
746.04M |
| Revenue (ttm) |
182.77M |
| Net Income (ttm) |
98.79M |
| Shares Out |
9.20M |
| EPS (ttm) |
7.84 |
| PE Ratio |
8.87 |
| Forward PE |
n/a |
| Dividend |
$3.20 |
| Dividend Yield |
4.60% |
Stock Quote
| Trading Day |
Oct 20, 2020 |
| Last Price |
$69.51 |
| Previous Close |
$68.69 |
| Change ($) |
0.82 |
| Change (%) |
1.19% |
| Day's Open |
69.39 |
| Day's Range |
69.06 - 70.12 |
| Day's Volume |
11,320 |
| 52-Week Range |
40.05 - 88.46 |
More Stats
| Market Cap |
746.04M |
| Enterprise Value |
22.82B |
| Earnings Date (est) |
Nov 4, 2020 |
| Ex-Dividend Date |
Sep 15, 2020 |
| Shares Outstanding |
9.20M |
| Float |
8.97M |
| EPS (basic) |
7.89 |
| EPS (diluted) |
7.84 |
| FCF / Share |
-21.06 |
| Dividend |
$3.20 |
| Dividend Yield |
4.60% |
| Earnings Yield |
11.28% |
| FCF Yield |
n/a |
| Payout Ratio |
38.00% |
| Shares Short |
115,781 |
| Short Ratio |
1.92 |
| Short % of Float |
1.29% |
| Beta |
1.17 |
| PE Ratio |
8.87 |
| Forward PE |
n/a |
| P/FCF Ratio |
n/a |
| PS Ratio |
4.08 |
| PB Ratio |
1.41 |
| Revenue |
182.77M |
| Operating Income |
125.34M |
| Net Income |
98.79M |
| Free Cash Flow |
-225.97M |
| Net Cash |
-22.07B |
| Net Cash / Share |
-2,056.39 |
| Gross Margin |
105.43% |
| Operating Margin |
68.58% |
| Profit Margin |
46.30% |
| FCF Margin |
-123.64% |
| ROA |
0.44% |
| ROE |
12.37% |
| ROIC |
0.30% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (1)
| Buy |
1 |
| Overweight |
0 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Low
87.0
Current: $69.51
High
87.0
Target: 87.00
*Average 12-month price target from 1 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 191 | 186 | 173 | 160 | 144 | 105 | 164 | 122 | 73.31 | 99.12 |
| Revenue Growth | 2.49% | 7.2% | 8.63% | 11.23% | 37.25% | -36.37% | 34.71% | 66.46% | -26.05% | - |
| Gross Profit | 191 | 186 | 173 | 160 | 144 | 105 | 164 | 122 | 73.31 | 99.12 |
| Operating Income | 139 | 136 | 131 | 119 | 108 | 73.11 | 131 | 91.12 | 44.65 | 66.50 |
| Net Income | 110 | 108 | 84.48 | 77.33 | 68.70 | 48.09 | 75.33 | 46.77 | 16.66 | 31.99 |
| Shares Outstanding | 10.71 | 10.67 | 10.62 | 10.48 | 10.88 | 10.94 | 10.86 | 10.51 | 10.36 | 10.28 |
| Earnings Per Share | 8.69 | 8.83 | 6.60 | 5.97 | 4.19 | 3.37 | 6.41 | 3.98 | 1.28 | 2.08 |
| EPS Growth | -1.59% | 33.79% | 10.55% | 42.48% | 24.33% | -47.43% | 61.06% | 210.94% | -38.46% | - |
| Dividend Per Share | 2.80 | 2.32 | 1.44 | 1.04 | 0.64 | 0.56 | 0.48 | 0.40 | 0.25 | 0.25 |
| Dividend Growth | 20.69% | 61.11% | 38.46% | 62.5% | 14.29% | 16.67% | 20% | 60% | 0% | - |
| Operating Cash Flow | -19.70 | 200 | 175 | 213 | 185 | 155 | 314 | 33.30 | 26.82 | -539 |
| Free Cash Flow | -19.70 | 200 | 175 | 213 | 185 | 155 | 314 | 33.30 | 26.82 | -539 |
| Cash & Equivalents | 604 | 425 | 302 | 265 | 1,210 | 1,363 | 749 | 786 | 817 | 730 |
| Total Debt | 20,715 | 17,773 | 16,928 | 14,806 | 14,792 | 13,249 | 12,602 | 11,770 | 10,894 | 8,767 |
| Net Cash / Debt | -20,111 | -17,347 | -16,626 | -14,541 | -13,582 | -11,886 | -11,852 | -10,984 | -10,077 | -8,038 |
| Assets | 21,709 | 18,694 | 17,792 | 15,606 | 15,540 | 14,288 | 13,362 | 12,622 | 11,884 | 9,480 |
| Liabilities | 20,910 | 17,942 | 17,084 | 14,962 | 14,987 | 13,506 | 12,787 | 12,029 | 11,329 | 9,001 |
| Book Value | 799 | 753 | 708 | 643 | 554 | 546 | 333 | 351 | 313 | 237 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Federal Agricultural Mortgage Corporation |
| Country |
United States |
| Employees |
103 |
| CEO |
Bradford T. Nordholm |
Stock Information
| Ticker Symbol |
AGM |
| Stock Exchange |
New York Stock Exchange |
| Share Class |
Class C Shares |
| Sector |
Financial Services |
| Industry |
Credit Services |
| Unique Identifier |
NYSE: AGM |
Description
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 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 obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the United States Department of Agriculture (USDA). The Rural Utilities segment purchases and guarantees securities that are backed by eligible rural utilities loans; and issues LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.