Mirae Asset Global Investments Co. Ltd. Buys New Holdings in Federal Agricultural Mortgage Corporation $AGM

Key Points

• Mirae Asset Global Investments initiated a position in Federal Agricultural Mortgage, buying 8,884 shares worth about $1.84 million, or 0.08% of the company, in the third quarter.
• AGM’s third-quarter results were mixed: earnings per share of $4.82 fell short of the $5.20 consensus, while revenue of $125.25 million topped forecasts of $121.29 million.
• Analysts have a consensus Hold rating and an average price target of $255; Sidoti also lowered its FY2026 EPS estimate. The company’s annualized dividend is $6.40 per share, a 3.6% yield.

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Federal Agricultural Mortgage Corporation (NYSE:AGM - Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 8,884 shares of the credit services provider's stock, valued at approximately $1,838,000. Mirae Asset Global Investments Co. Ltd. owned 0.08% of Federal Agricultural Mortgage at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Public Employees Retirement System of Ohio bought a new position in Federal Agricultural Mortgage in the second quarter valued at approximately $27,000. Ancora Advisors LLC bought a new stake in Federal Agricultural Mortgage during the second quarter worth $42,000. Nykredit A S acquired a new stake in shares of Federal Agricultural Mortgage in the 2nd quarter valued at $50,000. Versant Capital Management Inc increased its stake in shares of Federal Agricultural Mortgage by 3,862.5% in the 2nd quarter. Versant Capital Management Inc now owns 317 shares of the credit services provider's stock valued at $63,000 after purchasing an additional 309 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of Federal Agricultural Mortgage by 80.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 337 shares of the credit services provider's stock valued at $70,000 after purchasing an additional 150 shares during the last quarter. Institutional investors and hedge funds own 68.03% of the company's stock.

Key Federal Agricultural Mortgage News

Here are the key news stories impacting Federal Agricultural Mortgage this week:

• Neutral Sentiment: AGM’s third-quarter results were mixed: EPS of $4.82 missed the $5.20 consensus, while revenue of $125.25 million exceeded the $121.29 million forecast. Earnings Flash
• Neutral Sentiment: Sidoti raised some out-quarter estimates, including Q3 2027 and Q3 2028, but lowered other quarterly forecasts. The changes point to a mixed outlook rather than a broad upgrade.
• Negative Sentiment: Sidoti cut its FY2026 EPS estimate to $20.21 from $20.74, with reductions also to several near-term quarterly forecasts. That downward revision may weigh on expectations for AGM’s near-term earnings.
• Negative Sentiment: A recent report highlighted AGM’s pullback amid record trading volume, suggesting heightened selling or investor uncertainty. The article frames the decline as a possible buying opportunity, but does not establish a clear catalyst for the move. Federal Agricultural Mortgage on Record Volume

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Weiss Ratings restated a "hold (c)" rating on shares of Federal Agricultural Mortgage in a research report on Friday, September 25th. Zacks Research downgraded Federal Agricultural Mortgage from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 29th. Finally, Keefe, Bruyette & Woods boosted their target price on Federal Agricultural Mortgage from $228.00 to $255.00 and gave the stock an "outperform" rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $255.00.

Federal Agricultural Mortgage Stock Performance

Shares of Federal Agricultural Mortgage stock opened at $180.18 on Friday. The company's 50 day moving average price is $211.65 and its two-hundred day moving average price is $189.59. The firm has a market capitalization of $1.95 billion, a P/E ratio of 9.53, a P/E/G ratio of 0.67 and a beta of 1.02. Federal Agricultural Mortgage Corporation has a fifty-two week low of $136.57 and a fifty-two week high of $248.29. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.56 and a quick ratio of 0.56.

Federal Agricultural Mortgage (NYSE:AGM - Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The credit services provider reported $4.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.20 by ($0.38). Federal Agricultural Mortgage had a return on equity of 19.22% and a net margin of 28.88%. The company had revenue of $125.25 million for the quarter, compared to analyst estimates of $121.29 million. On average, equities analysts forecast that Federal Agricultural Mortgage Corporation will post 20.45 earnings per share for the current fiscal year.

Federal Agricultural Mortgage Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Tuesday, September 15th. Federal Agricultural Mortgage's dividend payout ratio (DPR) is 33.86%.

Federal Agricultural Mortgage Company Profile

Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, is a federally chartered corporation that provides a secondary market for agricultural and rural lending. Established by Congress in 1988, the company is intended to improve the availability of credit for American agriculture and rural communities.

Farmer Mac purchases, guarantees and finances agricultural real estate loans, rural housing loans and loans supporting rural utilities and infrastructure. Its products and services also include financing for agricultural production and equipment, as well as liquidity and credit support for lenders through loan purchases, guarantees and securitization programs.

The company serves agricultural lenders, rural utilities, cooperatives and other eligible financial institutions across the United States.

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