NYSE:AGM - Federal Agricultural Mortgage Stock Price, News, & Analysis

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$73.13 +0.18 (+0.25 %)
(As of 05/21/2019 06:00 AM ET)
Previous Close$72.95
Today's Range$72.0850 - $73.46
52-Week Range$55.64 - $99.11
Volume31,391 shs
Average Volume33,485 shs
Market Capitalization$780.08 million
P/E Ratio9.30
Dividend Yield3.84%
Beta1.2
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 (LTSPC) 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 utilities loans; and issues LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of lenders that are secured by pools 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.

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Industry, Sector and Symbol

Industry Federal & federally sponsored credit
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
CUSIP31314830
Phone202-872-7700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$556.02 million
Cash Flow$11.8718 per share
Book Value$52.36 per share

Profitability

Net Income$108.08 million

Miscellaneous

Employees103
Market Cap$780.08 million
Next Earnings Date8/8/2019 (Estimated)
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 Monday, May 20th. Shareholders of record on Friday, June 14th will be given a dividend of $0.70 per share on Friday, June 28th. This represents a $2.80 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date is Thursday, June 13th. View Federal Agricultural Mortgage's Dividend History.

How were Federal Agricultural Mortgage's earnings last quarter?

Federal Agricultural Mortgage Corp. (NYSE:AGM) posted its quarterly earnings results on Thursday, May, 2nd. The credit services provider reported $2.06 earnings per share for the quarter, meeting the Zacks' consensus estimate of $2.06. The credit services provider had revenue of $44.29 million for the quarter. Federal Agricultural Mortgage had a return on equity of 17.17% and a net margin of 19.20%. View Federal Agricultural Mortgage's Earnings History.

When is Federal Agricultural Mortgage's next earnings date?

Federal Agricultural Mortgage is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Federal Agricultural Mortgage.

What price target have analysts set for AGM?

1 Wall Street analysts have issued 1 year price targets for Federal Agricultural Mortgage's stock. Their forecasts range from $86.00 to $86.00. On average, they anticipate Federal Agricultural Mortgage's stock price to reach $86.00 in the next year. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Federal Agricultural Mortgage.

What is the consensus analysts' recommendation for Federal Agricultural Mortgage?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Federal Agricultural Mortgage in the last year. There are currently 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?

Headlines about AGM stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Federal Agricultural Mortgage earned a news impact score of 1.5 on InfoTrie's scale. They also assigned headlines about the credit services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Federal Agricultural Mortgage's key competitors?

What other stocks do shareholders of Federal Agricultural Mortgage own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Federal Agricultural Mortgage investors own include Amyris (AMRS), NVIDIA (NVDA), Home Depot (HD), Viper Energy Partners (VNOM), Adobe (ADBE), Micron Technology (MU), Paypal (PYPL), Boeing (BA), Devon Energy (DVN) and Medifast (MED).

Who are Federal Agricultural Mortgage's key executives?

Federal Agricultural Mortgage's management team includes the folowing people:
  • Mr. Bradford T. Nordholm, Pres & CEO (Age 63)
  • Mr. R. Dale Lynch, Exec. VP, CFO & Treasurer (Age 52)
  • Mr. Stephen P. Mullery, Exec. VP, Gen. Counsel & Corp. Sec. (Age 52)
  • Mr. John Curtis Covington, Exec. VP & Chief Credit Officer (Age 63)
  • Mr. Brian M. Brinch, Sr. VP of Rural Infrastructure (Age 42)

Who are Federal Agricultural Mortgage's major shareholders?

Federal Agricultural Mortgage's stock is owned by many different of retail and institutional investors. Top institutional shareholders include LSV Asset Management (5.15%), Renaissance Technologies LLC (2.56%), Copeland Capital Management LLC (1.97%), Rice Hall James & Associates LLC (1.87%), Geode Capital Management LLC (1.28%) and Loomis Sayles & Co. L P (1.22%). Company insiders that own Federal Agricultural Mortgage stock include Bradford T Nordholm, Brian M Brinch, Charles D Grote, Chester J Culver, 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 Charles Schwab Investment Management Inc., Morgan Stanley, Seizert Capital Partners LLC, ClariVest Asset Management LLC, Parametric Portfolio Associates LLC, First Wilshire Securities Management Inc., Nordea Investment Management AB and LSV Asset Management. Company insiders that have sold Federal Agricultural Mortgage company stock in the last year include Brian M Brinch, Charles D Grote, Chester J Culver, 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 acquired by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Copeland Capital Management LLC, Renaissance Technologies LLC, Geode Capital Management LLC, Oxford Asset Management LLP, O Shaughnessy Asset Management LLC, Envestnet Asset Management Inc. and The Manufacturers Life Insurance Company . Company insiders that have bought Federal Agricultural Mortgage stock in the last two years include Bradford T Nordholm and Thomas William Hill. 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 $73.13.

How big of a company is Federal Agricultural Mortgage?

Federal Agricultural Mortgage has a market capitalization of $780.08 million and generates $556.02 million in revenue each year. Federal Agricultural Mortgage employs 103 workers across the globe.

What is Federal Agricultural Mortgage's official website?

The official website for Federal Agricultural Mortgage is http://www.farmermac.com.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  311
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.
This page was last updated on 5/21/2019 by MarketBeat.com Staff

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