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

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$67.70 +0.49 (+0.73 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$67.21
Today's Range$67.32 - $68.57
52-Week Range$64.69 - $99.11
Volume992 shs
Average Volume32,475 shs
Market Capitalization$767.28 million
P/E Ratio9.51
Dividend Yield3.23%
Beta1.14
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Federal & federally sponsored credit
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNYSE:AGM
Previous Symbol
CUSIP31314830
Phone202-872-7700

Debt

Debt-to-Equity Ratio2.66
Current Ratio0.37
Quick Ratio0.37

Price-To-Earnings

Trailing P/E Ratio9.51
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$418.04 million
Price / Sales1.73
Cash Flow$9.1734 per share
Price / Cash7.38
Book Value$53.70 per share
Price / Book1.26

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$84.48 million
Net Margins20.12%
Return on Equity15.39%
Return on Assets0.50%

Miscellaneous

Employees88
Outstanding Shares10,670,000
Market Cap$767.28 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 declared a quarterly dividend on Thursday, November 1st. Stockholders 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 3.43%. 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) released its quarterly earnings data on Thursday, November, 8th. The credit services provider reported $2.08 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.05. The credit services provider earned $49.50 million during the quarter. Federal Agricultural Mortgage had a return on equity of 15.39% and a net margin of 20.12%. 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, March 14th 2019. View Earnings Estimates for Federal Agricultural Mortgage.

What price target have analysts set for AGM?

2 analysts have issued 1-year price objectives for Federal Agricultural Mortgage's stock. Their predictions range from $93.00 to $94.00. On average, they anticipate Federal Agricultural Mortgage's share price to reach $93.50 in the next year. This suggests a possible upside of 38.1% 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.

Has Federal Agricultural Mortgage been receiving favorable news coverage?

News articles about AGM stock have trended somewhat positive on Friday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Federal Agricultural Mortgage earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned news articles 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 near future.

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:
  • 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)
  • Mr. Bradford T. Nordholm, Pres & CEO (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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.74%), LSV Asset Management (5.32%), Renaissance Technologies LLC (2.53%), Prudential Financial Inc. (1.94%), Copeland Capital Management LLC (1.78%) and Teachers Advisors LLC (1.55%). 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 Chicago Equity Partners LLC, ClariVest Asset Management LLC, AQR Capital Management LLC, TIAA CREF Investment Management LLC, Alliancebernstein L.P., LSV Asset Management, Prudential Financial Inc. and Allianz Asset Management GmbH. 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?

AGM stock was purchased by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Rice Hall James & Associates LLC, BlackRock Inc., Seizert Capital Partners LLC, Copeland Capital Management LLC, Russell Investments Group Ltd., Renaissance Technologies LLC and Bank of New York Mellon Corp. 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 $67.70.

How big of a company is Federal Agricultural Mortgage?

Federal Agricultural Mortgage has a market capitalization of $767.28 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:  131 (Vote Outperform)
Underperform Votes:  144 (Vote Underperform)
Total Votes:  275
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 11/16/2018 by MarketBeat.com Staff

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