Federal Agricultural Mortgage (NYSE:AGM – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.
A number of other research analysts also recently issued reports on the company. Keefe, Bruyette & Woods raised their price target on Federal Agricultural Mortgage from $228.00 to $255.00 and gave the stock an “outperform” rating in a research note on Monday. Wall Street Zen upgraded Federal Agricultural Mortgage from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings raised Federal Agricultural Mortgage from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Federal Agricultural Mortgage has a consensus rating of “Buy” and a consensus target price of $255.00.
Check Out Our Latest Research Report on AGM
Federal Agricultural Mortgage Price Performance
Federal Agricultural Mortgage (NYSE:AGM – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.87 by $0.53. Federal Agricultural Mortgage had a return on equity of 18.90% and a net margin of 29.98%.The company had revenue of $125.01 million for the quarter, compared to analyst estimates of $113.51 million. As a group, sell-side analysts predict that Federal Agricultural Mortgage will post 20.72 earnings per share for the current fiscal year.
Institutional Trading of Federal Agricultural Mortgage
Hedge funds have recently added to or reduced their stakes in the stock. Byrne Asset Management LLC raised its stake in shares of Federal Agricultural Mortgage by 11.1% during the second quarter. Byrne Asset Management LLC now owns 1,203 shares of the credit services provider’s stock worth $240,000 after purchasing an additional 120 shares during the last quarter. Versant Capital Management Inc lifted its position in Federal Agricultural Mortgage by 3,862.5% in the second quarter. Versant Capital Management Inc now owns 317 shares of the credit services provider’s stock valued at $63,000 after purchasing an additional 309 shares during the period. Militia Capital Management LLC purchased a new stake in Federal Agricultural Mortgage in the 1st quarter valued at approximately $2,374,000. Bank of America Corp DE boosted its holdings in Federal Agricultural Mortgage by 6.8% in the 1st quarter. Bank of America Corp DE now owns 17,158 shares of the credit services provider’s stock valued at $2,545,000 after purchasing an additional 1,087 shares in the last quarter. Finally, California State Teachers Retirement System increased its position in Federal Agricultural Mortgage by 37.9% during the 1st quarter. California State Teachers Retirement System now owns 11,907 shares of the credit services provider’s stock worth $1,766,000 after purchasing an additional 3,275 shares during the period. 68.03% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Federal Agricultural Mortgage
Here are the key news stories impacting Federal Agricultural Mortgage this week:
- Positive Sentiment: Sidoti raised earnings forecasts across 2026 and 2027. The firm increased its FY2026 EPS estimate to $20.74 from $19.29 and its FY2027 estimate to $22.54 from $20.48. Quarterly estimates for Q4 2026 through Q4 2027 were also raised, suggesting stronger expected earnings momentum for AGM. Sidoti Equities Analysts Lift Earnings Estimates for AGM
- Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $255 from $228 and maintained an “outperform” rating. The higher target indicates the analyst sees additional upside and likely reflects increased confidence in AGM’s earnings prospects. Keefe, Bruyette & Woods price-target update
- Positive Sentiment: Recent operating results support the bullish revisions. AGM’s latest reported quarter included EPS of $5.40, exceeding the $4.87 consensus estimate, while revenue of $125.01 million also surpassed expectations of $113.51 million. The company reported a 29.98% net margin and 18.90% return on equity.
- Neutral Sentiment: Valuation and trading context. AGM is trading near its 12-month high, with a P/E ratio of 13.20 and a PEG ratio of 0.88. These metrics suggest the stock is not trading at an extreme growth valuation, although its recent advance may leave it more sensitive to profit-taking if future results fail to meet elevated expectations.
About Federal Agricultural Mortgage
Federal Agricultural Mortgage Corporation (NYSE: AGM), commonly known as Farmer Mac, is a government-sponsored enterprise chartered in 1988 under the Agricultural Credit Act of 1987. Headquartered in Washington, DC, Farmer Mac was established to enhance the availability of mortgage credit for the agricultural and rural utility sectors. The corporation operates as a secondary market for agricultural real estate and rural infrastructure loans, providing lenders with liquidity and risk management solutions.
The company’s principal business activities include purchasing and securitizing long-term fixed-rate agricultural mortgage loans and rural utilities loans originated by approved lenders.
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