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NYSE:AGMFederal Agricultural Mortgage Stock Price, Forecast & News

$59.40
-1.33 (-2.19 %)
(As of 07/14/2020 04:00 PM ET)
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Today's Range
$58.82
Now: $59.40
$61.29
50-Day Range
$59.93
MA: $65.07
$75.05
52-Week Range
$40.05
Now: $59.40
$88.46
Volume42,900 shs
Average Volume56,973 shs
Market Capitalization$636.17 million
P/E Ratio7.89
Dividend Yield5.27%
Beta1.16
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 (LTSPC) 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 utilities loans; and issues LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment engages in purchasing and guaranteeing general obligations of lenders that are secured by pools 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.13 out of 5 stars


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$666.03 million
Cash Flow$13.56 per share
Book Value$53.31 per share

Profitability

Net Income$109.55 million

Miscellaneous

Employees103
Market Cap$636.17 million
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Federal Agricultural Mortgage (NYSE:AGM) Frequently Asked Questions

How has Federal Agricultural Mortgage's stock been impacted by COVID-19 (Coronavirus)?

Federal Agricultural Mortgage's stock was trading at $66.04 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AGM shares have decreased by 10.1% and is now trading at $59.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Federal Agricultural Mortgage.

When is Federal Agricultural Mortgage's next earnings date?

Federal Agricultural Mortgage is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Federal Agricultural Mortgage.

How were Federal Agricultural Mortgage's earnings last quarter?

Federal Agricultural Mortgage Corp. (NYSE:AGM) released its quarterly earnings data on Monday, May, 11th. The credit services provider reported $1.87 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.24 by $0.37. The credit services provider earned $36.22 million during the quarter. Federal Agricultural Mortgage had a return on equity of 20.49% and a net margin of 14.93%. View Federal Agricultural Mortgage's earnings history.

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 Friday, May 29th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.80 per share on Tuesday, June 30th. This represents a $3.20 annualized dividend and a dividend yield of 5.39%. The ex-dividend date of this dividend is Friday, June 12th. View Federal Agricultural Mortgage's dividend history.

What price target have analysts set for AGM?

1 Wall Street analysts have issued twelve-month price objectives for Federal Agricultural Mortgage's shares. Their forecasts range from $87.00 to $87.00. On average, they anticipate Federal Agricultural Mortgage's stock price to reach $87.00 in the next year. This suggests a possible upside of 46.5% from the stock's current price. View analysts' price targets for Federal Agricultural Mortgage.

Has Federal Agricultural Mortgage been receiving favorable news coverage?

Media headlines about AGM stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Federal Agricultural Mortgage earned a coverage optimism score of -4.3 on InfoTrie's scale. They also gave news articles about the credit services provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the near future. View the latest news about Federal Agricultural Mortgage.

Are investors shorting Federal Agricultural Mortgage?

Federal Agricultural Mortgage saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 105,200 shares, a decline of 12.6% from the June 15th total of 120,400 shares. Based on an average daily volume of 59,400 shares, the short-interest ratio is presently 1.8 days. Currently, 1.2% of the company's stock are short sold. View Federal Agricultural Mortgage's Current Options Chain.

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

What other stocks do shareholders of Federal Agricultural Mortgage own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Federal Agricultural Mortgage investors own include Copart (CPRT), Adobe (ADBE), Vertex Pharmaceuticals (VRTX), Enterprise Products Partners (EPD), Medtronic (MDT), Netflix (NFLX), Alibaba Group (BABA), Fortinet (FTNT), Home Depot (HD) and NVIDIA (NVDA).

Who are Federal Agricultural Mortgage's key executives?

Federal Agricultural Mortgage's management team includes the following people:
  • Mr. Bradford T. Nordholm, Pres & CEO (Age 63)
  • Mr. R. Dale Lynch, Exec. VP, CFO & Treasurer (Age 52)
  • Mr. Stephen P. Mullery, Exec. VP, Gen. Counsel & Corp. Sec. (Age 52)
  • Mr. John Curtis Covington, Exec. VP & Chief Credit Officer (Age 63)
  • Mr. Brian M. Brinch, Sr. VP of Rural Infrastructure (Age 42)

What is Federal Agricultural Mortgage's stock symbol?

Federal Agricultural Mortgage trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGM."

Who are Federal Agricultural Mortgage's major shareholders?

Federal Agricultural Mortgage's stock is owned by a variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.32%) and Eidelman Virant Capital (0.08%). Company insiders that own Federal Agricultural Mortgage stock include Bancorporation National Zions, Bradford T Nordholm, Bruce J Sherrick, Chester J Culver, Everett M Dobrinski, James R Engebretsen, John Curtis Covington, Robert G Sexton, Sara Louise Faivre-Davis, Stephen P Mullery, Thomas William Hill and Zachary Carpenter. 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 Eidelman Virant Capital. Company insiders that have sold Federal Agricultural Mortgage company stock in the last year include Bancorporation National Zions, James R Engebretsen, and Sara Louise Faivre-Davis. View insider buying and selling activity for Federal Agricultural Mortgage.

Which major investors are buying Federal Agricultural Mortgage stock?

AGM stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought Federal Agricultural Mortgage stock in the last two years include Bradford T Nordholm, Bruce J Sherrick, Everett M Dobrinski, Robert G Sexton, Thomas William Hill, and Zachary Carpenter. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Federal Agricultural Mortgage's stock price today?

One share of AGM stock can currently be purchased for approximately $59.40.

How big of a company is Federal Agricultural Mortgage?

Federal Agricultural Mortgage has a market capitalization of $636.17 million and generates $666.03 million in revenue each year. Federal Agricultural Mortgage employs 103 workers across the globe.

What is Federal Agricultural Mortgage's official website?

The official website for Federal Agricultural Mortgage is 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]

This page was last updated on 7/15/2020 by MarketBeat.com Staff

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