Federal Agricultural Mortgage (NYSE:AGM - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Friday, May 9th. Analysts expect the company to announce earnings of $4.00 per share and revenue of $94.33 million for the quarter.
Federal Agricultural Mortgage (NYSE:AGM - Get Free Report) last issued its quarterly earnings data on Friday, February 21st. The credit services provider reported $4.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.17 by $0.46. Federal Agricultural Mortgage had a return on equity of 19.43% and a net margin of 12.75%. The company had revenue of $101.26 million during the quarter, compared to analysts' expectations of $92.81 million. During the same period last year, the business earned $4.10 earnings per share. On average, analysts expect Federal Agricultural Mortgage to post $18 EPS for the current fiscal year and $18 EPS for the next fiscal year.
Federal Agricultural Mortgage Stock Performance
Federal Agricultural Mortgage stock opened at $175.72 on Friday. The stock has a 50-day simple moving average of $185.35 and a 200 day simple moving average of $194.36. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.58. Federal Agricultural Mortgage has a 12-month low of $159.64 and a 12-month high of $217.60. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 10.68, a P/E/G ratio of 1.69 and a beta of 1.01.
Federal Agricultural Mortgage Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.41%. This is a boost from Federal Agricultural Mortgage's previous quarterly dividend of $1.40. The ex-dividend date of this dividend was Friday, March 14th. Federal Agricultural Mortgage's payout ratio is currently 36.47%.
Insider Buying and Selling
In other news, Director Mitchell A. Johnson sold 2,500 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $205.21, for a total transaction of $513,025.00. Following the completion of the transaction, the director now directly owns 8,644 shares in the company, valued at approximately $1,773,835.24. The trade was a 22.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Aparna Ramesh sold 1,000 shares of the business's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $201.86, for a total value of $201,860.00. Following the transaction, the chief financial officer now owns 9,242 shares of the company's stock, valued at $1,865,590.12. The trade was a 9.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.58% of the company's stock.
Analyst Ratings Changes
Separately, Keefe, Bruyette & Woods lifted their price target on Federal Agricultural Mortgage from $205.00 to $230.00 and gave the company a "market perform" rating in a report on Monday, February 24th.
Read Our Latest Research Report on Federal Agricultural Mortgage
About Federal Agricultural Mortgage
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Federal Agricultural Mortgage, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Federal Agricultural Mortgage wasn't on the list.
While Federal Agricultural Mortgage currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
