Federal Agricultural Mortgage Corporation (AGM.A)
Market Cap | 1.98B |
Revenue (ttm) | 357.52M |
Net Income (ttm) | 177.46M |
Shares Out | 1.03M |
EPS (ttm) | 16.17 |
PE Ratio | 11.15 |
Forward PE | 10.21 |
Dividend | $6.00 (4.20%) |
Ex-Dividend Date | Mar 14, 2025 |
Volume | 587 |
Open | 144.00 |
Previous Close | 137.00 |
Day's Range | 143.00 - 144.00 |
52-Week Range | 119.00 - 167.50 |
Beta | 0.99 |
Analysts | Hold |
Price Target | 230.00 (+60.84%) |
Earnings Date | May 9, 2025 |
About AGM.A
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The company is involved in a line of agricultural finance business, including 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... [Read more]
Financial Performance
In 2024, AGM.A's revenue was $360.58 million, an increase of 4.13% compared to the previous year's $346.28 million. Earnings were $180.43 million, an increase of 4.39%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for AGM.A stock is "Hold" and the 12-month stock price forecast is $230.0.
News

Farmer Mac to Announce First Quarter 2025 Financial Results
WASHINGTON , April 24, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of ...

Farmer Mac: A Low-Drama Pick In A High-Drama Market
Federal Agricultural Mortgage offers steady earnings, disciplined credit quality, and a solid 3.4% dividend yield. Key growth drivers include FARM securitizations, renewable energy loans, and rural br...

Farmer Mac Appoints Daniel L. Shaw to Board of Directors
WASHINGTON , March 26, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of ...

Federal Agricultural Mortgage: Sharp Increase In Non-Accruing Loans But Preferred Shares Still Attractive
Federal Agricultural Mortgage (Farmer Mac) maintains a conservative balance sheet with a low LTV ratio, ensuring strong collateral backing for its loans. AGM's 2024 financial results showed a signific...

Farmer Mac to Announce Fourth Quarter and Full Year 2024 Financial Results
WASHINGTON , Feb. 6, 2025 /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...

Federal Agricultural Mortgage Corp.: I'm Buying The 6.4% Yielding Preferred Stock
Federal Agricultural Mortgage (Farmer Mac) maintains a conservative balance sheet, ensuring limited loan loss provisions and strong preferred dividend coverage despite rising interest rates. Preferred...

Farmer Mac Closes $318.8 Million Securitization of Agricultural Mortgage-Backed Securities (AMBS)
WASHINGTON , Nov. 26, 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...

Farmer Mac Reports Third Quarter 2024 Results
- Outstanding Business Volume of $28.5 Billion - WASHINGTON , Nov. 4, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary marke...

Farmer Mac to Announce Third Quarter 2024 Financial Results
WASHINGTON , Oct. 21, 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...

Farmer Mac: All Models Point To Undervaluation
Despite negative EPS revisions and near-term declines in momentum, Farmer Mac has maintained impressive growth and profitability metrics. My fair value estimates suggest the stock is undervalued by 20...

Farmer Mac Reports Second Quarter 2024 Results
- Outstanding Business Volume of $28.8 Billion - WASHINGTON , Aug. 5, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary marke...

Farmer Mac to Announce Second Quarter 2024 Financial Results
WASHINGTON , July 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 f...

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...

Federal Agricultural Mortgage: Stable Earnings Stream With Above-Average Growth Prospects
Federal Agricultural Mortgage stock has increased by 117% since 2019, with earnings up 90%. The company has demonstrated outstanding performance in managing credit risk, interest rate risk, and levera...

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 ...

Farmer Mac: Ultra Safe Dividend Growth With Double Digit Upside Potential
Federal Agricultural Mortgage Corporation has seen a 17% return since initial coverage, surpassing the S&P 500's return. AGM recently raised its dividend by 27%. Over the last decade, the dividend has...

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...

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...

Farmer Mac: An Academic's Case For Higher Value
Farmer Mac is a safe earnings growth machine, with a 79% increase in operating EPS over four years. Despite its low P/E ratio, Farmer Mac is valued higher than top-notch companies like Toll Brothers a...

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...

Farmer Mac: A Lot To Like About It
Federal Agricultural Mortgage Corporation (Farmer Mac) provides loans to farmers, agriculture-related businesses, and rural infrastructure projects, backed by the Federal Government. The company has a...

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...

Farmer Mac: This 'Hold Forever' Stock Keeps Purring
Farmer Mac has generated a total return of 131% over the past four years, double the S&P 500 return. Q2 earnings for Farmer Mac increased by 24% compared to the previous year, with stable interest mar...

Farmer Mac: Solid Fundamentals Supported By Well-Covered Dividend
Federal Agricultural Mortgage Corporation has a strong track record with low loan losses and a stable income stream. The company has seen consistent growth, with a compound annual growth rate of 10% i...

Farmer Mac: A Safe, Dividend Growth Play With A Long Growth Runway
Farmer Mac has outstanding loan loss rates. Furthermore, the federal government's support of agricultural businesses also mitigates potential loan losses. The company just posted a record-breaking Q1 ...