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Federal Agricultural Mortgage CorporationAGM
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Overview >
Market Cap
1.80B
Revenue (ttm)
360.58M
Net Income (ttm)
180.43M
Shares Out
10.89M
EPS (ttm)
16.44
PE Ratio
10.01
Forward PE
9.50
Dividend
$6.00 (3.65%)
Ex-Dividend Date
Mar 14, 2025
Volume
13,238
Open
165.59
Previous Close
167.76
Day's Range
162.74 - 165.99
52-Week Range
159.64 - 217.60
Beta
1.03
Analysts
Hold
Price Target
230.00 (+38.93%)
Earnings Date
May 5, 2025
Description >

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States.

It operates through Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy segments.

The company's Agricultural Finance line of business engages in purchasing and retaining eligible loans and securities; guaranteeing the payment of principal and interest on securities that represent interests in or obligations secured by pools of eligible loans; servicing eligible loans; and issuing LTSPCs for eligible loans.

Its Rural Infrastructure Finance line of business is involved in the purchase of rural utilities loans and renewable energy loans and guarantees of securities backed by loans, as well as LTSPCs for pools of eligible rural utilities loans; by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and other financial institutions that are secured by pools of eligible loans.

The company was founded in 1987 and is headquartered in Washington, the District of Columbia.

Latest News >
Fortuna Releases Updated Mineral Reserves, Mineral Resources at End-2024
Fortuna Releases Updated Mineral Reserves, Mineral Resources at End-2024
Mar 12, 2025
07:09 AM EDT, 03/12/2025 (MT Newswires) -- Fortuna Mining ( FSM ) on Wednesday provided updated mineral reserve and mineral resource estimates as of Dec. 31 for its four operating mines in West Africa and the Americas as well as the Arizaro project at the Lindero Mine in Argentina, the Diamba Sud gold project in Senegal and the San Jose...
RBC Previews Wednesday's Bank of Canada Policy Meeting
RBC Previews Wednesday's Bank of Canada Policy Meeting
Mar 12, 2025
07:02 AM EDT, 03/12/2025 (MT Newswires) -- The Bank of Canada meeting of Wednesday will need to weigh current/past fundamentals against risk factors of unknown magnitude, said RBC. Canada's central bank is slated to release the policy statement at 9:45 a.m. ET on Wednesday. Unlike 2024 and early 2025 when RBC had high conviction in the path and sequencing of...
SkyWater-Fabricated Qubits Help D-Wave Achieve 'Computational Supremacy' in Quantum Simulation
SkyWater-Fabricated Qubits Help D-Wave Achieve 'Computational Supremacy' in Quantum Simulation
Mar 12, 2025
07:07 AM EDT, 03/12/2025 (MT Newswires) -- D-Wave Quantum's ( QBTS ) Advantage2 prototype, fabricated by SkyWater Technology ( SKYT ) , was used to achieve computational supremacy in quantum simulation, the companies said Wednesday. D-Wave's annealing quantum computer outperformed one of most powerful classical supercomputers in the world in solving complex magnetic materials simulation problems with relevance to materials...
Lazard Posts Decrease in Assets Under Management for February
Lazard Posts Decrease in Assets Under Management for February
Mar 12, 2025
07:03 AM EDT, 03/12/2025 (MT Newswires) -- Lazard ( LAZ ) reported preliminary assets under management Wednesday of $232.88 billion as of Feb. 28, down from $233.02 billion a month earlier. The asset management firm reported a market appreciation of $100 million, foreign exchange appreciation of $500 million, and net outflows of $800 million for February. ...
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