Federal Agricultural Mortgage (NYSE:AGM – Get Free Report) will announce its earnings results before the market opens on Monday, May 6th. Analysts expect the company to announce earnings of $3.94 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Federal Agricultural Mortgage (NYSE:AGM – Get Free Report) last issued its quarterly earnings results on Friday, February 23rd. The credit services provider reported $4.10 EPS for the quarter, beating the consensus estimate of $3.70 by $0.40. Federal Agricultural Mortgage had a net margin of 14.13% and a return on equity of 22.68%. The business had revenue of $354.15 million during the quarter, compared to the consensus estimate of $86.86 million. During the same quarter in the prior year, the firm earned $3.16 EPS. On average, analysts expect Federal Agricultural Mortgage to post $17 EPS for the current fiscal year and $19 EPS for the next fiscal year.
Federal Agricultural Mortgage Trading Up 0.4 %
NYSE AGM opened at $194.22 on Friday. The firm’s 50 day moving average price is $187.07 and its two-hundred day moving average price is $178.30. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.46 and a current ratio of 0.46. Federal Agricultural Mortgage has a twelve month low of $122.96 and a twelve month high of $199.40. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 12.28 and a beta of 1.08.
Federal Agricultural Mortgage Increases Dividend
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.
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