NYSE:AGM

Federal Agricultural Mortgage (AGM) Stock Price, News & Analysis

$182.81
+1.97 (+1.09%)
(As of 03:57 PM ET)
Today's Range
$180.77
$182.98
50-Day Range
$173.42
$196.88
52-Week Range
$132.47
$199.40
Volume
36,892 shs
Average Volume
62,156 shs
Market Capitalization
$1.99 billion
P/E Ratio
11.15
Dividend Yield
3.06%
Price Target
$212.00

Federal Agricultural Mortgage MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.2% Upside
$212.00 Price Target
Short Interest
Healthy
1.50% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.85
Upright™ Environmental Score
News Sentiment
0.34mentions of Federal Agricultural Mortgage in the last 14 days
Based on 16 Articles This Week
Insider Trading
Acquiring Shares
$2,134 Bought Last Quarter
Proj. Earnings Growth
8.52%
From $16.66 to $18.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Finance Sector

63rd out of 881 stocks

Federal & Federally Sponsored Credit Industry

1st out of 1 stocks

AGM stock logo

About Federal Agricultural Mortgage Stock (NYSE: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 eligible loans. Its Rural Infrastructure Finance line of business is involved in the purchase of rural utilities loans and renewable energy loans and guarantees of securities backed by loans, as well as LTSPCs for pools of eligible rural utilities loans; by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and other financial institutions that are secured by pools of eligible loans. Federal Agricultural Mortgage Corporation was incorporated in 1987 and is headquartered in Washington, the District of Columbia.

AGM Stock Price History

AGM Stock News Headlines

AGM.A Federal Agricultural Mortgage Corporation
Federal Agricultural Mortgage Corp. Cl C
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AGM Aug 2024 170.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Last Earnings
5/06/2024
Today
5/15/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Federal & federally sponsored credit
Sub-Industry
Thrifts & Mortgage Finance
CUSIP
31314830
Employees
185
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$212.00
High Stock Price Target
$212.00
Low Stock Price Target
$212.00
Potential Upside/Downside
+16.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$200 million
Pretax Margin
17.43%

Debt

Sales & Book Value

Annual Sales
$1.42 billion
Cash Flow
$20.31 per share
Book Value
$91.52 per share

Miscellaneous

Free Float
10,641,000
Market Cap
$1.99 billion
Optionable
Optionable
Beta
1.08
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Key Executives

  • Mr. Bradford Todd Nordholm (Age 67)
    President & CEO
    Comp: $2.45M
  • Ms. Aparna Ramesh (Age 48)
    Executive VP, CFO & Treasurer
    Comp: $1.06M
  • Mr. Stephen P. MulleryMr. Stephen P. Mullery (Age 57)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $887.18k
  • Mr. Zachary N. Carpenter (Age 41)
    Executive VP & Chief Business Officer
    Comp: $1.12M
  • Mr. Marc J. Crady (Age 55)
    Senior VP & Chief Credit Officer
    Comp: $705.37k
  • Mr. Robert J. Maines (Age 55)
    Senior Vice President of Operations
  • Mr. Gregory N. Ramsey (Age 59)
    VP, Principal Accounting Officer & Chief Accounting Officer
    Comp: $464.53k
  • Mr. Sean T. Datcher (Age 58)
    Senior VP & Chief Information Officer
  • Ms. Jalpa Nazareth
    Senior Director of Investor Relations & Finance Strategy
  • Michelle Nichols
    Director of Compliance

AGM Stock Analysis - Frequently Asked Questions

Should I buy or sell Federal Agricultural Mortgage stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Federal Agricultural Mortgage in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" AGM shares.
View AGM analyst ratings
or view top-rated stocks.

What is Federal Agricultural Mortgage's stock price target for 2024?

1 brokers have issued 12 month price objectives for Federal Agricultural Mortgage's stock. Their AGM share price targets range from $212.00 to $212.00. On average, they predict the company's share price to reach $212.00 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price.
View analysts price targets for AGM
or view top-rated stocks among Wall Street analysts.

How have AGM shares performed in 2024?

Federal Agricultural Mortgage's stock was trading at $191.22 at the beginning of 2024. Since then, AGM stock has decreased by 5.4% and is now trading at $180.91.
View the best growth stocks for 2024 here
.

Are investors shorting Federal Agricultural Mortgage?

Federal Agricultural Mortgage saw a increase in short interest in April. As of April 15th, there was short interest totaling 138,400 shares, an increase of 9.1% from the March 31st total of 126,900 shares. Based on an average trading volume of 68,300 shares, the short-interest ratio is presently 2.0 days. Currently, 1.5% of the company's stock are sold short.
View Federal Agricultural Mortgage's Short Interest
.

When is Federal Agricultural Mortgage's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our AGM earnings forecast
.

How were Federal Agricultural Mortgage's earnings last quarter?

Federal Agricultural Mortgage Co. (NYSE:AGM) issued its earnings results on Monday, May, 6th. The credit services provider reported $3.96 earnings per share for the quarter, beating analysts' consensus estimates of $3.94 by $0.02. The credit services provider earned $403.63 million during the quarter, compared to analyst estimates of $92.22 million. Federal Agricultural Mortgage had a trailing twelve-month return on equity of 22.01% and a net margin of 13.79%. During the same quarter last year, the business posted $3.56 earnings per share.

How often does Federal Agricultural Mortgage pay dividends? What is the dividend yield for Federal Agricultural Mortgage?

Federal Agricultural Mortgage announced a quarterly dividend on Wednesday, February 21st. Shareholders of record on Friday, March 15th will be paid a dividend of $1.40 per share on Thursday, March 28th. This represents a $5.60 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $1.10.
Read our dividend analysis for AGM
.

Is Federal Agricultural Mortgage a good dividend stock?

Federal Agricultural Mortgage (NYSE:AGM) pays an annual dividend of $5.60 per share and currently has a dividend yield of 3.17%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGM will have a dividend payout ratio of 30.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AGM.

What ETFs hold Federal Agricultural Mortgage's stock?
What other stocks do shareholders of Federal Agricultural Mortgage own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Federal Agricultural Mortgage investors own include NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), AbbVie (ABBV), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Altria Group (MO), Bank of America (BAC), Boeing (BA) and Alibaba Group (BABA).

Who are Federal Agricultural Mortgage's major shareholders?

Federal Agricultural Mortgage's stock is owned by a variety of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (2.69%), Rice Hall James & Associates LLC (1.47%), Weybosset Research & Management LLC (1.07%), Raymond James & Associates (0.57%), Russell Investments Group Ltd. (0.52%) and Allspring Global Investments Holdings LLC (0.43%). Insiders that own company stock include Bradford T Nordholm, Brian M Brinch, Brian M Brinch, Charles A Stones, Chester J Culver, Dennis L Brack, Dennis L Brack, Everett M Dobrinski, James R Engebretsen, Kerry T Willie, Mandy J Fields, Robert G Sexton, Stephen P Mullery, Stephen P Mullery and Zachary Carpenter.
View institutional ownership trends
.

How do I buy shares of Federal Agricultural Mortgage?

Shares of AGM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AGM) was last updated on 5/15/2024 by MarketBeat.com Staff

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