Federal Agricultural Mortgage Class AAGM.A
AGM.A
About: Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.
Employees: 191
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
6% more funds holding
Funds holding: 18 [Q3] → 19 (+1) [Q4]
1% more capital invested
Capital invested by funds: $27.6M [Q3] → $27.9M (+$381K) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
2.04% less ownership
Funds ownership: 20.21% [Q3] → 18.17% (-2.04%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for AGM.A.
Financial journalist opinion
Positive
Seeking Alpha
18 hours ago
Farmer Mac: A Low-Drama Pick In A High-Drama Market
Federal Agricultural Mortgage offers steady earnings, disciplined credit quality, and a solid 3.4% dividend yield. Key growth drivers include FARM securitizations, renewable energy loans, and rural broadband financing, supported by favorable macro and policy backdrops. The valuation is attractive, trading just above 10x forward earnings with a potential 20% upside, making it appealing for long-term investors.
Neutral
PRNewsWire
3 weeks ago
Farmer Mac Appoints Daniel L. Shaw to Board of Directors
WASHINGTON , March 26, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure, announced today that Daniel L. Shaw of Edgar, Nebraska has been appointed the newest member of the company's board of directors.
Neutral
Seeking Alpha
1 month ago
Federal Agricultural Mortgage: Sharp Increase In Non-Accruing Loans But Preferred Shares Still Attractive
Federal Agricultural Mortgage (Farmer Mac) maintains a conservative balance sheet with a low LTV ratio, ensuring strong collateral backing for its loans. AGM's 2024 financial results showed a significant increase in net interest income, leading to a dividend hike and improved preferred dividend coverage. Despite a rise in non-accruing loans, AGM's collateralized loan book and low loan loss provisions suggest minimal impact on overall loan quality.
Neutral
PRNewsWire
2 months ago
Farmer Mac to Announce Fourth Quarter and Full Year 2024 Financial Results
WASHINGTON , Feb. 6, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure, today announced that it will release its financial results for the fiscal quarter and year ended December 31, 2024, on Friday, February 21, 2025, before the opening of equity markets. A conference call to discuss the results will be held that day at 8:30 a.m.
Positive
Seeking Alpha
2 months ago
Federal Agricultural Mortgage Corp.: I'm Buying The 6.4% Yielding Preferred Stock
Federal Agricultural Mortgage (Farmer Mac) maintains a conservative balance sheet, ensuring limited loan loss provisions and strong preferred dividend coverage despite rising interest rates. Preferred shares, particularly Series F, offer a 6.4% yield, which remains attractive given the potential for capital gains if interest rates decline. The bank's low payout ratio and substantial asset coverage make the preferred shares a relatively safe investment, even with a high preferred equity ratio.
Neutral
PRNewsWire
4 months ago
Farmer Mac Closes $318.8 Million Securitization of Agricultural Mortgage-Backed Securities (AMBS)
WASHINGTON , Nov. 26, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, announced today that it has completed a $318.8 million securitization of agricultural mortgage loans. This is Farmer Mac's fifth transaction in the FARM series since 2021.
Neutral
PRNewsWire
5 months ago
Farmer Mac Reports Third Quarter 2024 Results
- Outstanding Business Volume of $28.5 Billion - WASHINGTON , Nov. 4, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, today announced its results for the fiscal quarter ended September 30, 2024. "Farmer Mac delivered another solid quarter, demonstrating yet again the benefits of our successful efforts to continue to diversify our revenue streams, taking advantage of our strong capital base and uninterrupted access to low-cost capital," said President and Chief Executive Officer, Brad Nordholm.
Neutral
PRNewsWire
6 months ago
Farmer Mac to Announce Third Quarter 2024 Financial Results
WASHINGTON , Oct. 21, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, today announced that it will release its financial results for the fiscal quarter ended September 30, 2024, on Monday, November 4, 2024, before the opening of equity markets. A conference call to discuss the results will be held that day at 4:30 p.m.
Positive
Seeking Alpha
6 months ago
Farmer Mac: All Models Point To Undervaluation
Despite negative EPS revisions and near-term declines in momentum, Farmer Mac has maintained impressive growth and profitability metrics. My fair value estimates suggest the stock is undervalued by 20%-40%, with potential upside driven by favorable macroeconomic trends and government policies. A solid dividend track record with a double-digit CAGR over the past five years makes it a compelling option for dividend growth investors.
Neutral
PRNewsWire
8 months ago
Farmer Mac Reports Second Quarter 2024 Results
- Outstanding Business Volume of $28.8 Billion - WASHINGTON , Aug. 5, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, today announced its results for the fiscal quarter ended June 30, 2024. "We are pleased to deliver another strong earnings quarter, driven by our successful efforts over the last few years to grow and diversify our revenue streams, while maintaining disciplined asset liability management and a strong capital base," said President and Chief Executive Officer, Brad Nordholm.
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