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 Ratio10.11
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$418.04 million
Price / Sales1.70
Cash Flow$9.1149 per share
Price / Cash7.31
Book Value$47.42 per share
Price / Book1.41
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$760.02 million
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, August 6th. Stockholders of record on Friday, September 14th will be paid a dividend of $0.58 per share on Friday, September 28th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend is Thursday, September 13th. View Federal Agricultural Mortgage's Dividend History.
How were Federal Agricultural Mortgage's earnings last quarter?
Federal Agricultural Mortgage Corp. (NYSE:AGM) issued its earnings results on Thursday, August, 9th. The credit services provider reported $1.80 EPS for the quarter, missing the consensus estimate of $2.05 by $0.25. The credit services provider earned $50.31 million during the quarter. Federal Agricultural Mortgage had a net margin of 20.06% and a return on equity of 15.02%. View Federal Agricultural Mortgage's Earnings History.
When is Federal Agricultural Mortgage's next earnings date?
What price target have analysts set for AGM?
2 brokers have issued 1-year price objectives for Federal Agricultural Mortgage's shares. Their predictions range from $93.00 to $94.00. On average, they anticipate Federal Agricultural Mortgage's stock price to reach $93.50 in the next twelve months. This suggests a possible upside of 40.3% from the stock's current price. View Analyst Price Targets for Federal Agricultural Mortgage.
What is the consensus analysts' recommendation for Federal Agricultural Mortgage?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Federal Agricultural Mortgage in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Federal Agricultural Mortgage.
Who are some of Federal Agricultural Mortgage's key competitors?
Some companies that are related to Federal Agricultural Mortgage include Community Bank System (CBU), UNITE Group (UTGPF), Physicians Realty Trust (DOC), IG Group (IGG), AllianceBernstein (AB), American Equity Investment Life (AEL), Fulton Financial (FULT), MAN Grp PLC/ADR (MNGPY), Moelis & Co (MC), Old National Bancorp (ONB), Bank of N.T. Butterfield & Son (NTB), Corporate Office Properties Trust (OFC), The GEO Group (GEO), Keppel REIT (KREVF) and Houlihan Lokey (HLI).
Who are Federal Agricultural Mortgage's key executives?
Federal Agricultural Mortgage'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 & Chief Credit Officer (Age 62)
- Mario Morais, VP of Operations & Technology
Who are Federal Agricultural Mortgage's major shareholders?
Federal Agricultural Mortgage's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Weybosset Research & Management LLC (1.11%), Bowling Portfolio Management LLC (0.18%), National Investment Services Inc. WI (0.08%) and Strs Ohio (0.06%). 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 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 Strs Ohio and Bowling Portfolio Management LLC. Company insiders that have sold Federal Agricultural Mortgage company stock in the last year include Brian M Brinch, Charles D Grote, Dennis L Brack, 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?
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 $66.63.
How big of a company is Federal Agricultural Mortgage?
Federal Agricultural Mortgage has a market capitalization of $760.02 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?
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)
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.
