Q1 Earnings Forecast for AGM Issued By Sidoti

Federal Agricultural Mortgage Corporation (NYSE:AGM) – Stock analysts at Sidoti issued their Q1 2028 EPS estimates for Federal Agricultural Mortgage in a research report issued to clients and investors on Tuesday, October 13th. Sidoti analyst B. Mccarthy expects that the credit services provider will post earnings of $5.83 per share for the quarter. The consensus estimate for Federal Agricultural Mortgage’s current full-year earnings is $20.72 per share. Sidoti also issued estimates for Federal Agricultural Mortgage’s Q2 2028 earnings at $6.15 EPS, Q3 2028 earnings at $6.27 EPS and FY2028 earnings at $24.63 EPS.

Federal Agricultural Mortgage (NYSE:AGM) last posted its earnings results on Thursday, July 30th. The credit services provider reported $5.40 earnings per share for the quarter, topping analysts’ consensus estimates of $4.87 by $0.53. The company had revenue of $125.01 million during the quarter, compared to analyst estimates of $113.51 million. Federal Agricultural Mortgage had a return on equity of 18.90% and a net margin of 29.98%.

Other research analysts have also issued reports about the company. Zacks Research lowered Federal Agricultural Mortgage from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 29th. Weiss Ratings restated a “hold (c)” rating on shares of Federal Agricultural Mortgage in a research note on Friday, September 25th. Finally, Keefe, Bruyette & Woods raised their price objective on Federal Agricultural Mortgage from $228.00 to $255.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Federal Agricultural Mortgage currently has a consensus rating of “Hold” and a consensus price target of $255.00.

Federal Agricultural Mortgage Stock Up 0.4%

Shares of NYSE AGM opened at $203.95 on Wednesday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $2.21 billion, a PE ratio of 11.14, a price-to-earnings-growth ratio of 0.75 and a beta of 1.05. The stock’s fifty day simple moving average is $221.66 and its two-hundred day simple moving average is $196.57. Federal Agricultural Mortgage has a 12-month low of $136.57 and a 12-month high of $248.29.

Federal Agricultural Mortgage Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Tuesday, September 15th. Federal Agricultural Mortgage’s payout ratio is 34.95%.

Institutional Investors Weigh In On Federal Agricultural Mortgage

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Militia Capital Management LLC acquired a new stake in Federal Agricultural Mortgage in the first quarter valued at approximately $2,374,000. Huntington Bancshares Inc. MD purchased a new position in Federal Agricultural Mortgage in the second quarter worth $2,340,508,000. Principal Financial Group Inc. increased its position in shares of Federal Agricultural Mortgage by 12.7% during the first quarter. Principal Financial Group Inc. now owns 351,330 shares of the credit services provider’s stock worth $52,123,000 after purchasing an additional 39,702 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Federal Agricultural Mortgage during the first quarter worth $814,000. Finally, Empirical Finance LLC increased its position in shares of Federal Agricultural Mortgage by 85.9% during the first quarter. Empirical Finance LLC now owns 41,592 shares of the credit services provider’s stock worth $6,170,000 after purchasing an additional 19,217 shares in the last quarter. Hedge funds and other institutional investors own 68.03% of the company’s stock.

About Federal Agricultural Mortgage

Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, is a federally chartered, shareholder-owned company that provides a secondary market for agricultural and rural credit. Established by Congress in 1988 under the Agricultural Credit Act of 1987, Farmer Mac is designed to improve the availability and affordability of financing for America’s agricultural and rural communities.

The company supports agricultural lenders by purchasing eligible loans and providing guarantees and other forms of credit enhancement.