Federal Agricultural Mortgage

AGM

Market cap $1.93B

Federal Agricultural Mortgage preferred shares offer ~6.9% yield and trade at a meaningful discount to par, enhancing total return potential. AGM's preferreds benefit from strong dividend coverage, operate under a regulatory framework, and have a 14-year common dividend growth track record with over ~21 years of consecutive payouts, supporting stability. Series G preferreds present the largest discount to par and highest upside potential among AGM's outstanding series, making them the most attractive for allocation.

Investors need to pay close attention to AGM stock based on the movements in the options market lately.

Federal Agricultural Mortgage Corporation offers stable growth, trading at ~9x P/E with record business volumes of $34.8 billion and a 17% ROE. AGM's diversification into rural infrastructure, renewable energy, and broadband financing reduces dependency on agricultural cycles and enhances portfolio resilience. Credit quality is deteriorating, with rising provisions and late loans, reflecting sector headwinds and pressuring the company's risk profile.

Federal Agricultural Mortgage Corporation (AGM) Shareholder/Analyst Call Prepared Remarks Transcript

The mean of analysts' price targets for Farmer Mac (AGM) points to a 28.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

WASHINGTON, May 13, 2026 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a second quarter dividend of $1.60 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 June 30, 2026 to holders of record of common stock as of June 15, 2026.

WASHINGTON, May 12, 2026 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced that it has agreed to issue $100 million of Tier 1 capital through the public offering of 6.875% non-cumulative perpetual Series I preferred stock, par value $25.00 per share. The preferred stock offering is expected to close on May 19, 2026, subject to customary closing conditions.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

STOCKHOLM, May 6, 2026 /PRNewswire/ -- The Swedish Orphan Biovitrum AB (publ) (Sobi®) AGM was convened today on 6 May 2026. At the AGM, the shareholders, in accordance with the proposed resolutions, resolved as follows: Adoption of the profit and loss statements and balance sheet and discharge of liability The AGM adopted the income statements and the balance sheets and approved the proposal to carry forward the retained profits.

Federal Agricultural Mortgage (AGM) came out with quarterly earnings of $4.74 per share, beating the Zacks Consensus Estimate of $4.52 per share. This compares to earnings of $4.19 per share a year ago.