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

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Federal Agricultural Mortgage in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AGM shares.
View AGM analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued 1 year price objectives for Federal Agricultural Mortgage's shares. 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 that the stock has a possible downside of 9.9%.
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 shares have increased by 36.9% and is now trading at $154.30.
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Federal Agricultural Mortgage saw a decrease in short interest in September. As of September 15th, there was short interest totaling 93,000 shares, a decrease of 8.0% from the August 31st total of 101,100 shares. Based on an average daily trading volume, of 51,200 shares, the short-interest ratio is presently 1.8 days. Approximately 1.0% of the shares of the company are sold short.
View Federal Agricultural Mortgage's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our AGM earnings forecast.

Federal Agricultural Mortgage Co. (NYSE:AGM) announced its quarterly earnings results on Monday, August, 7th. The credit services provider reported $3.86 earnings per share for the quarter, topping analysts' consensus estimates of $3.10 by $0.76. The credit services provider earned $84.55 million during the quarter, compared to the consensus estimate of $77.32 million. Federal Agricultural Mortgage had a trailing twelve-month return on equity of 21.97% and a net margin of 15.69%.

Federal Agricultural Mortgage announced a quarterly dividend on Wednesday, August 9th. Stockholders of record on Friday, September 15th will be paid a dividend of $1.10 per share on Friday, September 29th. This represents a $4.40 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend is Thursday, September 14th.
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 Dorsey Wright Financial Momentum ETF (PFI), First Trust Small Cap Growth AlphaDEX Fund (FYC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and VictoryShares US Small Cap Volatility Wtd (CSA).Timothy Plan US Small Cap Core ETF (TPSC).

Federal Agricultural Mortgage (NYSE:AGM) pays an annual dividend of $4.40 per share and currently has a dividend yield of 2.85%. 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 31.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGM will have a dividend payout ratio of 27.94% 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."

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 $154.30.

Federal Agricultural Mortgage (NYSE:AGM) has a market capitalization of $1.67 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 $13.93 on an earnings per share basis.

The company employs 158 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.