Federal Agricultural Mortgage (AGM) Projected to Post Quarterly Earnings on Friday

Federal Agricultural Mortgage (NYSE:AGM) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Friday, May 9th. Analysts expect the company to announce earnings of $4.00 per share and revenue of $94.33 million for the quarter.

Federal Agricultural Mortgage (NYSE:AGM) last issued its quarterly earnings data on Friday, February 21st. The credit services provider reported $4.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.17 by $0.46. Federal Agricultural Mortgage had a return on equity of 19.43% and a net margin of 12.75%. The company had revenue of $101.26 million during the quarter, compared to analysts’ expectations of $92.81 million. During the same period last year, the business earned $4.10 earnings per share. On average, analysts expect Federal Agricultural Mortgage to post $18 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Federal Agricultural Mortgage Stock Performance

Federal Agricultural Mortgage stock opened at $175.72 on Friday. The stock has a 50-day simple moving average of $185.35 and a 200 day simple moving average of $194.36. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.58. Federal Agricultural Mortgage has a 12-month low of $159.64 and a 12-month high of $217.60. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 10.68, a P/E/G ratio of 1.69 and a beta of 1.01.

Federal Agricultural Mortgage Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.41%. This is a boost from Federal Agricultural Mortgage’s previous quarterly dividend of $1.40. The ex-dividend date of this dividend was Friday, March 14th. Federal Agricultural Mortgage’s payout ratio is currently 36.47%.

Insider Buying and Selling

In other news, Director Mitchell A. Johnson sold 2,500 shares of the business’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $205.21, for a total transaction of $513,025.00. Following the completion of the transaction, the director now directly owns 8,644 shares in the company, valued at approximately $1,773,835.24. The trade was a 22.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Aparna Ramesh sold 1,000 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $201.86, for a total value of $201,860.00. Following the transaction, the chief financial officer now owns 9,242 shares of the company’s stock, valued at $1,865,590.12. The trade was a 9.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.58% of the company’s stock.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods lifted their price target on Federal Agricultural Mortgage from $205.00 to $230.00 and gave the company a “market perform” rating in a report on Monday, February 24th.

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.