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
SymbolNYSE:AGM
CUSIP31314830
Phone202-872-7700
Debt
Debt-to-Equity Ratio1.97
Current Ratio0.37
Quick Ratio0.37
Price-To-Earnings
Trailing P/E Ratio11.54
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$418.04 million
Price / Sales1.96
Cash Flow$9.1892 per share
Price / Cash8.35
Book Value$47.42 per share
Price / Book1.62
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$84.48 million
Net Margins20.06%
Return on Equity15.02%
Return on Assets0.47%
Miscellaneous
Employees88
Outstanding Shares10,670,000
Market Cap$866.27 million
Federal Agricultural Mortgage Corp. Class C (NYSE:AGM) Frequently Asked Questions
What is Federal Agricultural Mortgage Corp. Class C's stock symbol?
Federal Agricultural Mortgage Corp. Class C trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGM."
How often does Federal Agricultural Mortgage Corp. Class C pay dividends? What is the dividend yield for Federal Agricultural Mortgage Corp. Class C?
Federal Agricultural Mortgage Corp. Class C announced a quarterly dividend on Monday, August 6th. Investors of record on Friday, September 14th will be given a dividend of $0.58 per share on Friday, September 28th. This represents a $2.32 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend is Thursday, September 13th. View Federal Agricultural Mortgage Corp. Class C's Dividend History.
How were Federal Agricultural Mortgage Corp. Class C's earnings last quarter?
Federal Agricultural Mortgage Corp. Class C (NYSE:AGM) issued its earnings results on Thursday, August, 9th. The credit services provider reported $1.80 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.05 by $0.25. The credit services provider earned $50.31 million during the quarter. Federal Agricultural Mortgage Corp. Class C had a return on equity of 15.02% and a net margin of 20.06%. View Federal Agricultural Mortgage Corp. Class C's Earnings History.
When is Federal Agricultural Mortgage Corp. Class C's next earnings date?
What price target have analysts set for AGM?
2 Wall Street analysts have issued 1 year price objectives for Federal Agricultural Mortgage Corp. Class C's stock. Their predictions range from $93.00 to $94.00. On average, they expect Federal Agricultural Mortgage Corp. Class C's share price to reach $93.50 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price. View Analyst Price Targets for Federal Agricultural Mortgage Corp. Class C.
What is the consensus analysts' recommendation for Federal Agricultural Mortgage Corp. Class C?
Who are some of Federal Agricultural Mortgage Corp. Class C's key competitors?
Some companies that are related to Federal Agricultural Mortgage Corp. Class C include Itau Corpbanca (ITCB), CHIMERA Invt Co/SH NEW (CIM), Eastgroup Properties (EGP), Hammerson (HMSO), Metro Bank (MBNKF), Cathay General Bancorp (CATY), Banco Macro SA ADR Class B (BMA), RLI (RLI), Education Realty Trust (EDR), Uniti Group (UNIT), AmeriCold Realty Trust (COLD), E-L Financial (ELF), Community Bank System (CBU), Moelis & Co (MC) and American Equity Investment Life (AEL).
Who are Federal Agricultural Mortgage Corp. Class C's key executives?
Federal Agricultural Mortgage Corp. Class C's management team includes the folowing people:
- Mr. Lowell L. Junkins, Chairman, Acting Pres & CEO (Age 74)
- 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 of Agricultural Fin. (Age 62)
- Mario Morais, VP of Operations & Technology
Has Federal Agricultural Mortgage Corp. Class C been receiving favorable news coverage?
Media coverage about AGM stock has trended somewhat positive on Monday, Accern reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Federal Agricultural Mortgage Corp. Class C earned a news impact score of 0.20 on Accern's scale. They also assigned headlines about the credit services provider an impact score of 46.66 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Federal Agricultural Mortgage Corp. Class C.
Who are Federal Agricultural Mortgage Corp. Class C's major shareholders?
Federal Agricultural Mortgage Corp. Class C's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.35%), LSV Asset Management (5.42%), Renaissance Technologies LLC (2.38%), ClariVest Asset Management LLC (1.20%), Weybosset Research & Management LLC (1.10%) and First Wilshire Securities Management Inc. (0.92%). Company insiders that own Federal Agricultural Mortgage Corp. Class C 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 and Timothy L Buzby. View Institutional Ownership Trends for Federal Agricultural Mortgage Corp. Class C.
Which institutional investors are selling Federal Agricultural Mortgage Corp. Class C stock?
AGM stock was sold by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., LSV Asset Management, Boston Partners, BNP Paribas Arbitrage SA, ClariVest Asset Management LLC, California Public Employees Retirement System, Macquarie Group Ltd. and First Wilshire Securities Management Inc.. Company insiders that have sold Federal Agricultural Mortgage Corp. Class C company stock in the last year include Brian M Brinch, Charles D Grote, Dennis A Everson, Dennis L Brack, Gregory Ramsey, James R Engebretsen, John Curtis Covington, Lowell Junkins, Mitchell A Johnson, Robert Dale Lynch, Sara Louise Faivre-Davis, Stephen P Mullery and Timothy L Buzby. View Insider Buying and Selling for Federal Agricultural Mortgage Corp. Class C.
Which institutional investors are buying Federal Agricultural Mortgage Corp. Class C stock?
AGM stock was acquired by a variety of institutional investors in the last quarter, including Boston Advisors LLC, Renaissance Technologies LLC, BlackRock Inc., Rice Hall James & Associates LLC, Russell Investments Group Ltd., Kaizen Advisory LLC, Bowling Portfolio Management LLC and National Investment Services Inc. WI. View Insider Buying and Selling for Federal Agricultural Mortgage Corp. Class C.
How do I buy shares of Federal Agricultural Mortgage Corp. Class C?
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 Corp. Class C's stock price today?
One share of AGM stock can currently be purchased for approximately $76.73.
How big of a company is Federal Agricultural Mortgage Corp. Class C?
Federal Agricultural Mortgage Corp. Class C has a market capitalization of $866.27 million and generates $418.04 million in revenue each year. Federal Agricultural Mortgage Corp. Class C employs 88 workers across the globe.
How can I contact Federal Agricultural Mortgage Corp. Class C?
Federal Agricultural Mortgage Corp. Class C'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 Corp. Class C (NYSE AGM)
MarketBeat's community ratings are surveys of what our community members think about Federal Agricultural Mortgage Corp. Class C 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.
