Sidoti Csr Has Positive Estimate for AGM FY2025 Earnings

Federal Agricultural Mortgage Corporation (NYSE:AGM) – Analysts at Sidoti Csr upped their FY2025 EPS estimates for Federal Agricultural Mortgage in a report issued on Wednesday, November 5th. Sidoti Csr analyst B. Mccarthy now forecasts that the credit services provider will post earnings per share of $17.42 for the year, up from their prior estimate of $17.32. The consensus estimate for Federal Agricultural Mortgage’s current full-year earnings is $17.60 per share.

AGM has been the topic of several other reports. Wall Street Zen lowered shares of Federal Agricultural Mortgage from a “hold” rating to a “sell” rating in a research note on Saturday, October 25th. Keefe, Bruyette & Woods upgraded shares of Federal Agricultural Mortgage from a “hold” rating to a “moderate buy” rating and upped their price objective for the stock from $217.00 to $219.00 in a research report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Federal Agricultural Mortgage in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.00.

Federal Agricultural Mortgage Price Performance

Shares of NYSE:AGM opened at $161.80 on Friday. The company has a market cap of $1.77 billion, a PE ratio of 9.53, a price-to-earnings-growth ratio of 0.82 and a beta of 0.95. The company’s 50 day moving average is $175.01 and its 200 day moving average is $182.15. Federal Agricultural Mortgage has a twelve month low of $155.00 and a twelve month high of $217.14. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 1.95.

Federal Agricultural Mortgage (NYSE:AGM) last announced its earnings results on Monday, November 3rd. The credit services provider reported $4.52 earnings per share for the quarter, beating the consensus estimate of $4.43 by $0.09. Federal Agricultural Mortgage had a net margin of 13.14% and a return on equity of 18.86%. The company had revenue of $105.09 million during the quarter, compared to the consensus estimate of $100.94 million.

Federal Agricultural Mortgage Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, December 15th. Federal Agricultural Mortgage’s dividend payout ratio (DPR) is presently 34.17%.

Insiders Place Their Bets

In other Federal Agricultural Mortgage news, insider Gregory Ramsey sold 1,500 shares of the business’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $206.71, for a total value of $310,065.00. Following the transaction, the insider directly owned 3,085 shares in the company, valued at $637,700.35. The trade was a 32.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Zachary Carpenter sold 293 shares of the stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $205.09, for a total transaction of $60,091.37. Following the completion of the sale, the executive vice president directly owned 10,532 shares of the company’s stock, valued at approximately $2,160,007.88. This trade represents a 2.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,017 shares of company stock valued at $1,240,807 over the last ninety days. Company insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On Federal Agricultural Mortgage

Several large investors have recently modified their holdings of AGM. GSA Capital Partners LLP purchased a new position in Federal Agricultural Mortgage during the 1st quarter valued at about $849,000. Jump Financial LLC purchased a new stake in Federal Agricultural Mortgage during the first quarter worth about $500,000. Charles Schwab Investment Management Inc. lifted its position in shares of Federal Agricultural Mortgage by 4.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 106,253 shares of the credit services provider’s stock worth $19,924,000 after purchasing an additional 4,963 shares in the last quarter. Nuveen LLC purchased a new position in shares of Federal Agricultural Mortgage in the first quarter valued at approximately $4,667,000. Finally, American Century Companies Inc. grew its holdings in shares of Federal Agricultural Mortgage by 11.0% in the first quarter. American Century Companies Inc. now owns 244,550 shares of the credit services provider’s stock valued at $45,856,000 after purchasing an additional 24,289 shares in the last quarter. Institutional investors and hedge funds own 68.03% of the company’s stock.

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.