Federal Agricultural Mortgage (AGM) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Federal Agricultural Mortgage in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AGM shares.
View AGM analyst ratings or view top-rated stocks.

2 brokers have issued 1 year target prices for Federal Agricultural Mortgage's stock. Their AGM share price forecasts range from $139.00 to $139.00. On average, they predict the company's stock price to reach $139.00 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price.
View analysts price targets for AGM or view top-rated stocks among Wall Street analysts.

Federal Agricultural Mortgage's stock was trading at $112.71 at the beginning of 2023. Since then, AGM stock has increased by 21.0% and is now trading at $136.37.
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Federal Agricultural Mortgage saw a increase in short interest in May. As of May 15th, there was short interest totaling 134,900 shares, an increase of 14.4% from the April 30th total of 117,900 shares. Based on an average daily volume of 78,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.5% of the shares of the stock are sold short.
View Federal Agricultural Mortgage's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our AGM earnings forecast.

Federal Agricultural Mortgage Co. (NYSE:AGM) posted its quarterly earnings data on Monday, November, 8th. The credit services provider reported $2.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.62 by $0.07. The credit services provider had revenue of $56.80 million for the quarter. Federal Agricultural Mortgage had a net margin of 18.83% and a trailing twelve-month return on equity of 21.45%.

Federal Agricultural Mortgage declared a quarterly dividend on Wednesday, May 3rd. Shareholders of record on Friday, June 16th will be given a dividend of $1.10 per share on Friday, June 30th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, June 15th.
Read our dividend analysis for AGM.

ETFs with the largest weight of Federal Agricultural Mortgage (NYSE:AGM) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT), Freedom Day Dividend ETF (MBOX), Invesco DWA Financial Momentum ETF (PFI), ProShares Russell 2000 Dividend Growers ETF (SMDV), Timothy Plan US Small Cap Core ETF (TPSC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), iShares Micro-Cap ETF (IWC) and VictoryShares US Small Cap Volatility Wtd (CSA).

Federal Agricultural Mortgage (NYSE:AGM) pays an annual dividend of $4.40 per share and currently has a dividend yield of 3.23%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGM will have a dividend payout ratio of 30.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AGM.

Based on aggregate information from My MarketBeat watchlists, some companies that other Federal Agricultural Mortgage investors own include NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), AbbVie (ABBV), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Altria Group (MO), Bank of America (BAC), Boeing (BA) and Alibaba Group (BABA).

Federal Agricultural Mortgage trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGM."

Federal Agricultural Mortgage's stock is owned by a variety of institutional and retail investors. Top institutional investors include Boston Partners (4.48%), Principal Financial Group Inc. (3.04%), Copeland Capital Management LLC (2.99%), Wellington Management Group LLP (2.36%), Charles Schwab Investment Management Inc. (2.15%) and Rice Hall James & Associates LLC (1.74%). Insiders that own company stock include Bancorporation National Zions, Brian M Brinch, Charles A Stones, Dennis L Brack, Dennis L Brack, Everett M Dobrinski, James R Engebretsen, Kerry T Willie, Mandy J Fields, Myles James Watts, Robert G Sexton, Sara Louise Faivre-Davis, Stephen P Mullery and Zachary Carpenter.
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Shares of AGM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AGM stock can currently be purchased for approximately $136.37.

Federal Agricultural Mortgage (NYSE:AGM) has a market capitalization of $1.48 billion and generates $755.54 million in revenue each year. The credit services provider earns $178.14 million in net income (profit) each year or $13.83 on an earnings per share basis.

The company employs 153 workers across the globe.

Federal Agricultural Mortgage's mailing address is 1999 K Street N.W. 4th Floor, Washington DC, 20006. The official website for the company is www.farmermac.com. The credit services provider can be reached via phone at (202) 879-3276, via email at jnazareth@farmermac.com, or via fax at 800-999-1814.