Federal Agricultural Mortgage (AGM) to Release Earnings on Friday

Posted by Defense World Staff on Feb 21st, 2025

Federal Agricultural Mortgage (NYSE:AGM – Get Free Report) is projected to issue its quarterly earnings data before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of $4.17 per share and revenue of $92.81 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Federal Agricultural Mortgage Stock Down 1.8 %

Shares of Federal Agricultural Mortgage stock opened at $194.94 on Friday. Federal Agricultural Mortgage has a 1 year low of $169.17 and a 1 year high of $217.60. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.49 and a quick ratio of 0.49. The company has a 50-day moving average of $196.81 and a 200 day moving average of $194.16. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 1.62 and a beta of 1.08.

Insiders Place Their Bets

In other Federal Agricultural Mortgage news, CEO Bradford T. Nordholm sold 5,073 shares of Federal Agricultural Mortgage stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $213.37, for a total value of $1,082,426.01. Following the completion of the sale, the chief executive officer now owns 41,104 shares of the company’s stock, valued at approximately $8,770,360.48. The trade was a 10.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.58% of the company’s stock.

About Federal Agricultural Mortgage

(Get Free Report)

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.