Federal Agricultural Mortgage (NYSE:AGM) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Price/technical: Shares crossed above the 200‑day moving average ($165.44) on Wednesday, trading as high as $165.79 and last at $165.2750.
• Fundamentals & analyst views: The company missed quarterly EPS ($3.66 vs. $4.50) and revenue estimates, while analysts are mixed—MarketBeat shows a "Moderate Buy" consensus with a $215 target despite recent downgrades and target cuts.
• Dividend & ownership: Farmer Mac raised its quarterly dividend to $1.60 (annualized $6.40, ~3.9% yield) with a ~38.5% payout ratio, and roughly 68% of shares are held by institutions.

Shares of Federal Agricultural Mortgage Corporation (NYSE:AGM - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $165.44 and traded as high as $165.79. Federal Agricultural Mortgage shares last traded at $165.2750, with a volume of 62,281 shares.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AGM. Wall Street Zen lowered shares of Federal Agricultural Mortgage from a "hold" rating to a "sell" rating in a research report on Saturday, February 21st. Weiss Ratings reiterated a "hold (c-)" rating on shares of Federal Agricultural Mortgage in a research report on Monday, December 22nd. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Federal Agricultural Mortgage from $219.00 to $215.00 and set an "outperform" rating on the stock in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Federal Agricultural Mortgage presently has a consensus rating of "Moderate Buy" and a consensus target price of $215.00.

Federal Agricultural Mortgage Price Performance

The company's fifty day moving average is $158.03 and its two-hundred day moving average is $165.44. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 9.93, a price-to-earnings-growth ratio of 0.76 and a beta of 0.95. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 2.00.

Federal Agricultural Mortgage (NYSE:AGM - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The credit services provider reported $3.66 earnings per share for the quarter, missing the consensus estimate of $4.50 by ($0.84). Federal Agricultural Mortgage had a net margin of 15.73% and a return on equity of 17.93%. The business had revenue of $101.39 million during the quarter, compared to analyst estimates of $107.45 million. Equities research analysts anticipate that Federal Agricultural Mortgage Corporation will post 17.6 earnings per share for the current fiscal year.

Federal Agricultural Mortgage Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a $1.60 dividend. This is an increase from Federal Agricultural Mortgage's previous quarterly dividend of $1.50. This represents a $6.40 annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, March 16th. Federal Agricultural Mortgage's dividend payout ratio (DPR) is currently 38.46%.

Institutional Investors Weigh In On Federal Agricultural Mortgage

Hedge funds have recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new stake in Federal Agricultural Mortgage in the first quarter worth $34,000. Allworth Financial LP raised its holdings in Federal Agricultural Mortgage by 640.0% in the fourth quarter. Allworth Financial LP now owns 185 shares of the credit services provider's stock worth $32,000 after purchasing an additional 160 shares during the period. Farther Finance Advisors LLC raised its holdings in Federal Agricultural Mortgage by 53.6% in the fourth quarter. Farther Finance Advisors LLC now owns 212 shares of the credit services provider's stock worth $37,000 after purchasing an additional 74 shares during the period. Kestra Advisory Services LLC acquired a new stake in Federal Agricultural Mortgage in the fourth quarter worth $40,000. Finally, Jones Financial Companies Lllp raised its holdings in Federal Agricultural Mortgage by 124.0% in the third quarter. Jones Financial Companies Lllp now owns 271 shares of the credit services provider's stock worth $47,000 after purchasing an additional 150 shares during the period. 68.03% of the stock is currently owned by institutional investors and hedge funds.

Federal Agricultural Mortgage Company Profile

Federal Agricultural Mortgage Corporation NYSE: AGM, commonly known as Farmer Mac, is a government-sponsored enterprise chartered in 1988 under the Agricultural Credit Act of 1987. Headquartered in Washington, DC, Farmer Mac was established to enhance the availability of mortgage credit for the agricultural and rural utility sectors. The corporation operates as a secondary market for agricultural real estate and rural infrastructure loans, providing lenders with liquidity and risk management solutions.

The company's principal business activities include purchasing and securitizing long-term fixed-rate agricultural mortgage loans and rural utilities loans originated by approved lenders.

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