Federal Agricultural Mortgage

AGM

Market cap $1.83B

MoneyShow presents top investment ideas for 2026 from their contributors. This year's edition presents a mix of metals plays, financial stocks, deep value names, high-octane growth and tech stocks, and beaten-down REITs that offer solid income and turnaround potential. Part 3 of this series includes Eli Lilly, Enterprise Products Partners, Expand Energy Corp., Federal Agricultural Mortgage Corp., and GE Vernova, among others.

Lower mortgage rates and rising purchase originations will likely support Zacks Mortgage & Related Services industry players like PFSI, TREE and AGM.

I initiated a position in Federal Agricultural Mortgage Corporation (AGM) preferreds, specifically series F, due to an attractive yield and relative value. AGM preferreds currently offer a yield north of 6.8%, about 2% above the 30-year Treasury, with spreads wider than historical norms. I see the recent spread as a sentiment-driven opportunity, not a sign of fundamental stress, given the farm sector's low leverage and AGM's strong loan-to-value metrics.

WASHINGTON , Dec. 8, 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 the appointment of Matthew M. Pullins as its Executive Vice President – Chief Financial Officer and Treasurer, starting December 11, 2025.

WASHINGTON , Dec. 3, 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 it has completed a $313.5 million securitization of agricultural mortgage loans. "The successful completion of our seventh agricultural mortgage-backed securitization demonstrates our commitment to grow our securitization platform and support a vibrant and liquid AMBS market that is central to our core mission to improve credit accessibility in rural America," said Chief Executive Officer, Brad Nordholm.

Farmer Mac delivered strong Q3 results, with net interest income up 13% and robust dividend coverage. AGM maintains manageable loan loss provisions, supported by low loan-to-value ratios and resilient collateral monetization. I remain bullish on AGM common shares, citing attractive valuation, solid earnings, and ongoing share buybacks.

WASHINGTON , Nov. 5, 2025 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a fourth quarter dividend of $1.50 per share for each of Farmer Mac's three classes of common stock – Class A Voting Common Stock (NYSE: AGM.A), Class B Voting Common Stock (not listed on any exchange), and Class C Non-Voting Common Stock (NYSE: AGM). The quarterly dividend will be payable on December 31, 2025 to holders of record of common stock as of December 15, 2025.

Federal Agricultural Mortgage (AGM) came out with quarterly earnings of $4.52 per share, beating the Zacks Consensus Estimate of $4.43 per share. This compares to earnings of $4.1 per share a year ago.

Federal Agricultural Mortgage Corporation ( AGM ) Q3 2025 Earnings Call November 3, 2025 4:30 PM EST Company Participants Jalpa Nazareth - Senior Director of Investor Relations & Finance Strategy Bradford Nordholm - Chief Executive Officer Zachary Carpenter - President & Chief Operating Officer Conference Call Participants Bose George - Keefe, Bruyette, & Woods, Inc., Research Division William Ryan - Seaport Research Partners Brendan Michael McCarthy - Sidoti & Company, LLC Presentation Operator " Jalpa Nazareth Senior Director of Investor Relations & Finance Strategy " Bradford Nordholm Chief Executive Officer " Zachary Carpenter President & Chief Operating Officer " Bose George Keefe, Bruyette, & Woods, Inc., Research Division " Keefe, Bruyette, & Woods, Inc., Research Division William Ryan Seaport Research Partners " Seaport Research Partners Brendan Michael McCarthy Sidoti & Company, LLC " Sidoti & Company, LLC Operator Good afternoon, ladies and gentlemen, and welcome to the Farmer Mac Third Quarter 2025 Earnings Results Conference Call. [Operator Instructions] This call is being recorded on November 3, 2025.

- Outstanding Business Volume of $31.1 Billion - WASHINGTON , Nov. 3, 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 its results for the fiscal quarter ended September 30, 2025. "I'm pleased to announce we've once again achieved record net effective spread and core earnings in the third quarter," said Chief Executive Officer, Brad Nordholm.