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

Sign in or create an account to add this stock to your watchlist.
$72.48 +2.97 (+4.27 %)
(As of 02/19/2019 06:20 AM ET)
Previous Close$69.51
Today's Range$69.86 - $73.00
52-Week Range$55.64 - $99.11
Volume31,585 shs
Average Volume22,828 shs
Market Capitalization$773.14 million
P/E Ratio9.29
Dividend Yield3.34%
Beta1.16
Federal Agricultural Mortgage Corp. is a stockholder-owned, federally chartered corporation. The company provides a secondary market for agricultural real estate and rural housing mortgage loans, rural utilities loans, and loans guaranteed by the United States Department of Agriculture. It combines private capital and public sponsorship to serve a public purpose. The company operates through the following segments: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment engages in the mortgage loans secured by first liens on agricultural real estate, including part-time farms and rural housing. The USDA Guarantees segment provides agricultural and rural development loans guaranteed by the United States Department of Agriculture. The Rural Utilities segment engages in the business of loans made by lenders organized as cooperatives to finance electrification and telecommunications systems in rural areas. It provides liquidity and lending capacity to agricultural and rural utilities lenders by purchasing eligible loans directly from lenders; providing advances against eligible loans by purchasing obligations secured by those loans; securitizing assets and guaranteeing the payment of principal and interest on the resulting securities that represent interests in, or obligations secured by, pools of eligible loans; and issuing long-term standby purchase commitments for eligible loans. The Institutional Credit segment engages in the credit line of business. Federal Agricultural Mortgage was founded in 1987 and is headquartered in Washington, DC.

Receive AGM News and Ratings via Email

Sign-up to receive the latest news and ratings for AGM and its competitors with MarketBeat's FREE daily newsletter.

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$418.04 million
Cash Flow$10.0527 per share
Book Value$47.42 per share

Profitability

Net Income$84.48 million

Miscellaneous

Employees88
Market Cap$773.14 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 announced a quarterly dividend on Thursday, November 1st. Investors of record on Friday, December 14th will be paid a dividend of $0.58 per share on Monday, December 31st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.20%. 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) announced its quarterly earnings data on Thursday, November, 8th. The credit services provider reported $2.08 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.03 by $0.05. The credit services provider earned $49.50 million during the quarter. Federal Agricultural Mortgage had a net margin of 20.12% and a return on equity of 15.39%. 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, February 21st 2019. View Earnings Estimates for Federal Agricultural Mortgage.

What price target have analysts set for AGM?

1 brokerages have issued 12 month price targets for Federal Agricultural Mortgage's stock. Their predictions range from $93.00 to $93.00. On average, they expect Federal Agricultural Mortgage's share price to reach $93.00 in the next year. This suggests a possible upside of 28.3% 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Federal Agricultural Mortgage.

Has Federal Agricultural Mortgage been receiving favorable news coverage?

Media headlines about AGM stock have been trending positive this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. 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 sentiment score of 2.3 on InfoTrie's scale. They also gave news articles about the credit services provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.

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

Who are Federal Agricultural Mortgage's key executives?

Federal Agricultural Mortgage's management team includes the folowing people:
  • Bradford T. Nordholm, President & Chief Executive Officer
  • Mario Morais, Vice President-Operations & Technology
  • R. Dale Lynch, Chief Financial Officer, Treasurer & Executive VP
  • Grace Wu de Plaza, Director-Compliance & Corporate Integrity
  • Stephen P. Mullery, Secretary, Executive VP & General Counsel

Who are Federal Agricultural Mortgage's major shareholders?

Federal Agricultural Mortgage's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.98%), LSV Asset Management (5.21%), Prudential Financial Inc. (1.83%), Copeland Capital Management LLC (1.73%), Geode Capital Management LLC (1.16%) and Weybosset Research & Management LLC (1.12%). 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 major investors are selling Federal Agricultural Mortgage stock?

AGM stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Seizert Capital Partners LLC, Prudential Financial Inc., ClariVest Asset Management LLC, New York State Common Retirement Fund, Copeland Capital Management LLC, Public Employees Retirement System of Ohio and WINTON GROUP Ltd. 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 major investors are buying Federal Agricultural Mortgage stock?

AGM stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Municipal Employees Retirement System of Michigan, Geode Capital Management LLC, Millennium Management LLC, D. E. Shaw & Co. Inc., American International Group Inc., California Public Employees Retirement System and Rhumbline Advisers. 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 $72.48.

How big of a company is Federal Agricultural Mortgage?

Federal Agricultural Mortgage has a market capitalization of $773.14 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?

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:  139 (Vote Outperform)
Underperform Votes:  150 (Vote Underperform)
Total Votes:  289
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 2/19/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel