Federal Agricultural Mortgage (AGM) Set to Announce Earnings on Friday

Federal Agricultural Mortgage (NYSE:AGMGet Free Report) will be announcing its 12/31/2023 earnings results before the market opens on Friday, February 23rd. Analysts expect the company to announce earnings of $3.70 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Federal Agricultural Mortgage Price Performance

Shares of AGM stock opened at $184.56 on Wednesday. The company has a market capitalization of $2.00 billion, a PE ratio of 11.95 and a beta of 1.10. The firm has a fifty day simple moving average of $185.48 and a 200-day simple moving average of $169.97. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 1.53. Federal Agricultural Mortgage has a twelve month low of $122.10 and a twelve month high of $198.17.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AGM. Coppell Advisory Solutions Corp. bought a new position in Federal Agricultural Mortgage during the 4th quarter valued at $38,000. Point72 Middle East FZE bought a new position in shares of Federal Agricultural Mortgage in the 4th quarter worth about $59,000. Ensign Peak Advisors Inc bought a new position in shares of Federal Agricultural Mortgage in the 3rd quarter worth about $63,000. Captrust Financial Advisors lifted its position in shares of Federal Agricultural Mortgage by 22.9% in the 2nd quarter. Captrust Financial Advisors now owns 913 shares of the credit services provider’s stock worth $89,000 after buying an additional 170 shares during the last quarter. Finally, Ameritas Investment Partners Inc. lifted its position in shares of Federal Agricultural Mortgage by 9.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 754 shares of the credit services provider’s stock worth $108,000 after buying an additional 66 shares during the last quarter. 66.46% of the stock is currently owned by institutional investors.

Federal Agricultural Mortgage Company Profile

(Get Free Report)

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy segments. 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.

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Earnings History for Federal Agricultural Mortgage (NYSE:AGM)

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