What is Seaport Res Ptn’s Estimate for AGM FY2025 Earnings?

Federal Agricultural Mortgage Co. (NYSE:AGM) – Analysts at Seaport Res Ptn lifted their FY2025 earnings per share estimates for shares of Federal Agricultural Mortgage in a research note issued to investors on Monday, May 12th. Seaport Res Ptn analyst W. Ryan now anticipates that the credit services provider will earn $17.20 per share for the year, up from their prior estimate of $17.10. The consensus estimate for Federal Agricultural Mortgage’s current full-year earnings is $17.60 per share.

Separately, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $215.00 target price (down previously from $230.00) on shares of Federal Agricultural Mortgage in a report on Monday.

Federal Agricultural Mortgage Trading Up 1.7%

AGM stock opened at $193.89 on Wednesday. The company has a market capitalization of $2.11 billion, a PE ratio of 11.79, a price-to-earnings-growth ratio of 1.69 and a beta of 0.97. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.49 and a current ratio of 0.49. Federal Agricultural Mortgage has a one year low of $159.64 and a one year high of $217.60. The company’s 50 day moving average price is $181.72 and its two-hundred day moving average price is $194.14.

Federal Agricultural Mortgage (NYSE:AGM) last issued its earnings results on Friday, May 9th. The credit services provider reported $4.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.00 by $0.19. Federal Agricultural Mortgage had a return on equity of 19.43% and a net margin of 12.75%. The business had revenue of $96.79 million during the quarter, compared to analyst estimates of $94.33 million.

Federal Agricultural Mortgage Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $1.50 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $6.00 annualized dividend and a dividend yield of 3.09%. This is an increase from Federal Agricultural Mortgage’s previous quarterly dividend of $1.40. Federal Agricultural Mortgage’s payout ratio is currently 37.08%.

Insider Activity

In related news, Director Robert G. Sexton purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were acquired at an average cost of $195.62 per share, with a total value of $195,620.00. Following the purchase, the director now directly owns 13,517 shares of the company’s stock, valued at approximately $2,644,195.54. This trade represents a 7.99% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Mitchell A. Johnson sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $205.21, for a total value of $513,025.00. Following the completion of the sale, the director now owns 8,644 shares of the company’s stock, valued at $1,773,835.24. The trade was a 22.43% decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Federal Agricultural Mortgage

Several institutional investors have recently added to or reduced their stakes in the company. Global Alpha Capital Management Ltd. increased its position in shares of Federal Agricultural Mortgage by 22.9% in the fourth quarter. Global Alpha Capital Management Ltd. now owns 14,036 shares of the credit services provider’s stock valued at $2,764,000 after acquiring an additional 2,611 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Federal Agricultural Mortgage in the fourth quarter worth about $2,289,000. Barclays PLC increased its holdings in Federal Agricultural Mortgage by 181.7% during the 3rd quarter. Barclays PLC now owns 18,172 shares of the credit services provider’s stock valued at $3,405,000 after purchasing an additional 11,721 shares during the period. Principal Financial Group Inc. increased its holdings in Federal Agricultural Mortgage by 4.5% during the 4th quarter. Principal Financial Group Inc. now owns 333,975 shares of the credit services provider’s stock valued at $65,777,000 after purchasing an additional 14,274 shares during the period. Finally, Wells Fargo & Company MN raised its position in Federal Agricultural Mortgage by 11.1% during the 4th quarter. Wells Fargo & Company MN now owns 63,206 shares of the credit services provider’s stock valued at $12,448,000 after purchasing an additional 6,317 shares during the last quarter. Hedge funds and other institutional investors own 68.03% of the company’s stock.

Federal Agricultural Mortgage Company Profile

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.