Federal Agricultural Mortgage (AGM) Set to Announce Earnings on Monday

Federal Agricultural Mortgage (NYSE:AGM - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Monday, May 6th. Analysts expect Federal Agricultural Mortgage to post earnings of $3.94 per share for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Federal Agricultural Mortgage (NYSE:AGM - Get Free Report) last released its quarterly earnings results on Friday, February 23rd. The credit services provider reported $4.10 EPS for the quarter, topping the consensus estimate of $3.70 by $0.40. The firm had revenue of $354.15 million for the quarter, compared to analyst estimates of $86.86 million. Federal Agricultural Mortgage had a return on equity of 22.68% and a net margin of 14.13%. During the same period in the previous year, the company posted $3.16 EPS. On average, analysts expect Federal Agricultural Mortgage to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Federal Agricultural Mortgage Stock Down 0.7 %

Shares of AGM traded down $1.28 during mid-day trading on Monday, reaching $189.75. 48,111 shares of the stock traded hands, compared to its average volume of 64,037. The stock has a fifty day simple moving average of $186.70 and a 200 day simple moving average of $177.54. Federal Agricultural Mortgage has a 12-month low of $122.96 and a 12-month high of $199.40. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 1.51. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 12.00 and a beta of 1.07.

Federal Agricultural Mortgage Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were paid a dividend of $1.40 per share. This is an increase from Federal Agricultural Mortgage's previous quarterly dividend of $1.10. The ex-dividend date was Thursday, March 14th. This represents a $5.60 annualized dividend and a yield of 2.95%. Federal Agricultural Mortgage's payout ratio is 35.42%.

Federal Agricultural Mortgage Company Profile

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.