Equities Analysts Offer Predictions for AGM FY2025 Earnings

Federal Agricultural Mortgage Co. (NYSE:AGM) – Equities research analysts at Seaport Res Ptn lifted their FY2025 earnings per share (EPS) estimates for shares of Federal Agricultural Mortgage in a research report issued on Monday, May 12th. Seaport Res Ptn analyst W. Ryan now expects that the credit services provider will earn $17.20 per share for the year, up from their prior estimate of $17.10. The consensus estimate for Federal Agricultural Mortgage’s current full-year earnings is $17.60 per share.

Federal Agricultural Mortgage (NYSE:AGM) last posted its quarterly earnings results on Friday, May 9th. The credit services provider reported $4.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.00 by $0.19. Federal Agricultural Mortgage had a return on equity of 19.43% and a net margin of 12.75%. The business had revenue of $96.79 million for the quarter, compared to the consensus estimate of $94.33 million.

Separately, Keefe, Bruyette & Woods reissued a “market perform” rating and set a $215.00 price target (down previously from $230.00) on shares of Federal Agricultural Mortgage in a research report on Monday.

Federal Agricultural Mortgage Price Performance

AGM opened at $196.58 on Wednesday. Federal Agricultural Mortgage has a 12-month low of $159.64 and a 12-month high of $217.60. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.58. The business’s fifty day simple moving average is $181.70 and its 200-day simple moving average is $194.22. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of 11.95, a PEG ratio of 1.69 and a beta of 0.97.

Institutional Investors Weigh In On Federal Agricultural Mortgage

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AGM. Blue Trust Inc. purchased a new stake in Federal Agricultural Mortgage in the fourth quarter valued at about $25,000. KBC Group NV purchased a new stake in Federal Agricultural Mortgage in the first quarter valued at about $35,000. Byrne Asset Management LLC increased its holdings in shares of Federal Agricultural Mortgage by 116.1% in the first quarter. Byrne Asset Management LLC now owns 242 shares of the credit services provider’s stock valued at $45,000 after purchasing an additional 130 shares during the period. Versant Capital Management Inc acquired a new position in shares of Federal Agricultural Mortgage in the first quarter valued at about $54,000. Finally, Venturi Wealth Management LLC acquired a new position in shares of Federal Agricultural Mortgage in the fourth quarter valued at about $100,000. 68.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Federal Agricultural Mortgage news, Director Sara Louise Faivre-Davis sold 350 shares of the stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $192.26, for a total value of $67,291.00. Following the completion of the sale, the director now directly owns 1,751 shares in the company, valued at approximately $336,647.26. This trade represents a 16.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mitchell A. Johnson sold 2,500 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $205.21, for a total value of $513,025.00. Following the completion of the sale, the director now owns 8,644 shares of the company’s stock, valued at approximately $1,773,835.24. This trade represents a 22.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,850 shares of company stock worth $782,176 in the last three months. 2.20% of the stock is owned by insiders.

Federal Agricultural Mortgage Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Monday, June 16th. Federal Agricultural Mortgage’s dividend payout ratio (DPR) is currently 37.08%.

About Federal Agricultural Mortgage

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy. 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.