Federal Agricultural Mortgage Corporation (AGM)
| Market Cap | 2.04B |
| Revenue (ttm) | 341.65M |
| Net Income (ttm) | 168.64M |
| Shares Out | 10.64M |
| EPS (ttm) | 15.44 |
| PE Ratio | 12.38 |
| Forward PE | 11.23 |
| Dividend | $4.40 (2.30%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 28,295 |
| Open | 193.65 |
| Previous Close | 192.71 |
| Day's Range | 191.14 - 193.75 |
| 52-Week Range | 112.12 - 198.17 |
| Beta | 1.12 |
| Analysts | Strong Buy |
| Price Target | 184.67 (-3.43%) |
| Earnings Date | Feb 23, 2024 |
About AGM
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy segments. 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 eligibl... [Read more]
Financial Performance
In 2022, AGM's revenue was $308.31 million, an increase of 25.39% compared to the previous year's $245.88 million. Earnings were $150.98 million, an increase of 35.51%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for AGM stock is "Strong Buy." The 12-month stock price forecast is $184.67, which is a decrease of -3.43% from the latest price.
News
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...
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 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 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...
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...
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...
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 ...
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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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Farmer Mac Announces the Honorable Chester J. Culver as New Presidentially Appointed Director
WASHINGTON , May 20, 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 af...
Farmer Mac Reports First Quarter 2022 Results
- Outstanding Business Volume of $24.2 Billion - WASHINGTON , May 9, 2022 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market...
Farmer Mac to Announce First Quarter 2022 Financial Results
WASHINGTON , April 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 ...
Farmer Mac Announces Lowell L. Junkins as Board Chair
WASHINGTON , April 4, 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...
Farmer Mac Reports 2021 Results
WASHINGTON, Feb. 28, 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 af...
Farmer Mac to Announce Fourth Quarter and Full Year 2021 Financial Results
WASHINGTON, Feb. 14, 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 af...
Recap: Federal Agricultural Q3 Earnings
Federal Agricultural (NYSE:AGM) reported its Q3 earnings results on Monday, November 8, 2021 at 04:00 PM. Here's what investors need to know about the announcement.