Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the United States Department of Agriculture (USDA). The Rural Utilities segment purchases and guarantees securities that are backed by eligible rural electric and telephone loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of institutions that are secured by types of loans eligible under the Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Federal & federally sponsored credit
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNYSE:AGM
Previous Symbol
CUSIP31314830
Phone202-872-7700
Debt
Debt-to-Equity Ratio2.66
Current Ratio0.37
Quick Ratio0.37
Price-To-Earnings
Trailing P/E Ratio7.84
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$418.04 million
Price / Sales1.46
Cash Flow$9.4095 per share
Price / Cash Flow6.08
Book Value$47.42 per share
Price / Book1.21
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$84.48 million
Net Margins20.12%
Return on Equity15.39%
Return on Assets0.50%
Miscellaneous
Employees88
Outstanding Shares10,670,000
Market Cap$632.45 million
OptionableOptionable
Federal Agricultural Mortgage (NYSE:AGM) Frequently Asked Questions
What is Federal Agricultural Mortgage's stock symbol?
Federal Agricultural Mortgage trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGM."
How often does Federal Agricultural Mortgage pay dividends? What is the dividend yield for Federal Agricultural Mortgage?
Federal Agricultural Mortgage declared a quarterly dividend on Thursday, November 1st. Investors of record on Friday, December 14th will be given a dividend of $0.58 per share on Monday, December 31st. This represents a $2.32 annualized dividend and a dividend yield of 4.06%. The ex-dividend date is Thursday, December 13th. View Federal Agricultural Mortgage's Dividend History.
How were Federal Agricultural Mortgage's earnings last quarter?
Federal Agricultural Mortgage Corp. (NYSE:AGM) issued its quarterly earnings data on Thursday, November, 8th. The credit services provider reported $2.08 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.05. The credit services provider had revenue of $49.50 million for the quarter. Federal Agricultural Mortgage had a return on equity of 15.39% and a net margin of 20.12%. View Federal Agricultural Mortgage's Earnings History.
When is Federal Agricultural Mortgage's next earnings date?
What price target have analysts set for AGM?
2 Wall Street analysts have issued 12 month price targets for Federal Agricultural Mortgage's stock. Their predictions range from $93.00 to $94.00. On average, they expect Federal Agricultural Mortgage's stock price to reach $93.50 in the next year. This suggests a possible upside of 63.4% from the stock's current price. View Analyst Price Targets for Federal Agricultural Mortgage.
What is the consensus analysts' recommendation for Federal Agricultural Mortgage?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Federal Agricultural Mortgage in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Federal Agricultural Mortgage.
Has Federal Agricultural Mortgage been receiving favorable news coverage?
Media stories about AGM stock have been trending somewhat positive on Thursday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Federal Agricultural Mortgage earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the credit services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of Federal Agricultural Mortgage's key competitors?
Some companies that are related to Federal Agricultural Mortgage include FirstService (FSV), First Financial Bancorp (FFBC), Aspen Insurance (AHL), Apollo Commercial Real Est. Finance (ARI), Columbia Property Trust (CXP), Brandywine Realty Trust (BDN), Federated Investors (FII), BBVA Banco Frances (BFR), Prospect Capital (PSEC), Simmons First National (SFNC), Cybg (CBBYF), South State (SSB), First Interstate Bancsystem (FIBK), Piedmont Office Realty Trust (PDM) and International Bancshares (IBOC).
Who are Federal Agricultural Mortgage's key executives?
Federal Agricultural Mortgage's management team includes the folowing people:
- Mr. R. Dale Lynch, Exec. VP, CFO & Treasurer (Age 51)
- Mr. Stephen P. Mullery, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
- Mr. John Curtis Covington, Exec. VP & Chief Credit Officer (Age 62)
- Mr. Bradford T. Nordholm, Pres & CEO (Age 62)
- Mario Morais, VP of Operations & Technology
Who are Federal Agricultural Mortgage's major shareholders?
Federal Agricultural Mortgage's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.74%), LSV Asset Management (5.32%), Renaissance Technologies LLC (2.53%), Prudential Financial Inc. (1.94%), Copeland Capital Management LLC (1.78%) and Teachers Advisors LLC (1.55%). Company insiders that own Federal Agricultural Mortgage stock include Brian M Brinch, Charles D Grote, Dennis A Everson, Dennis L Brack, Douglas Flory, Gregory Ramsey, James R Engebretsen, John Curtis Covington, Lowell Junkins, Mitchell A Johnson, Myles James Watts, Robert Dale Lynch, Sara Louise Faivre-Davis, Stephen P Mullery, Thomas William Hill and Timothy L Buzby. View Institutional Ownership Trends for Federal Agricultural Mortgage.
Which institutional investors are selling Federal Agricultural Mortgage stock?
AGM stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, ClariVest Asset Management LLC, AQR Capital Management LLC, Nordea Investment Management AB, TIAA CREF Investment Management LLC, Alliancebernstein L.P., LSV Asset Management and Prudential Financial Inc.. Company insiders that have sold Federal Agricultural Mortgage company stock in the last year include Brian M Brinch, Charles D Grote, Gregory Ramsey, James R Engebretsen, John Curtis Covington, Mitchell A Johnson, Robert Dale Lynch, Sara Louise Faivre-Davis and Stephen P Mullery. View Insider Buying and Selling for Federal Agricultural Mortgage.
Which institutional investors are buying Federal Agricultural Mortgage stock?
AGM stock was purchased by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Rice Hall James & Associates LLC, BlackRock Inc., Seizert Capital Partners LLC, Copeland Capital Management LLC, Russell Investments Group Ltd., Renaissance Technologies LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Federal Agricultural Mortgage.
How do I buy shares of Federal Agricultural Mortgage?
Shares of AGM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Federal Agricultural Mortgage's stock price today?
One share of AGM stock can currently be purchased for approximately $57.21.
How big of a company is Federal Agricultural Mortgage?
Federal Agricultural Mortgage has a market capitalization of $632.45 million and generates $418.04 million in revenue each year. Federal Agricultural Mortgage employs 88 workers across the globe.
What is Federal Agricultural Mortgage's official website?
How can I contact Federal Agricultural Mortgage?
Federal Agricultural Mortgage's mailing address is 1999 K Street N.W. 4th Floor, Washington DC, 20006. The credit services provider can be reached via phone at 202-872-7700 or via email at [email protected]
MarketBeat Community Rating for Federal Agricultural Mortgage (NYSE AGM)
MarketBeat's community ratings are surveys of what our community members think about Federal Agricultural Mortgage and other stocks. Vote "Outperform" if you believe AGM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AGM will underperform the S&P 500 over the long term. You may vote once every thirty days.
