is the symbol of federal agricultural mortgage corporation

What does the federal Agricultural Mortgage Corporation do?

the federal agricultural mortgage corporation (farmer mac; nyse: agm and agm.a), the nation’s secondary market provider that increases the availability and affordability of credit for the benefit…

What is the stock price of federal Agricultural Mortgage Corporation (AGM)?

 · Federal Agricultural Mortgage trades on the New York Stock Exchange (NYSE) under the ticker symbol “AGM.” Who are Federal Agricultural Mortgage’s major shareholders? …

What caused the creation of the federal Agricultural Mortgage Corporation?

 · Get a real-time Federal Agricultural Mortgage Corporation (AGM) stock price quote with breaking news, financials, statistics, charts and more. … Ticker Symbol AGM. Full …

Do analysts agree on federal agricultural mortgage’s (FAM) stock’s target price?

 · A high-level overview of Federal Agricultural Mortgage Corporation (AGM) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and …

Is Federal Agricultural Mortgage a buy right now?

1 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Federal Agricultural Mortgage in the last twelve months. There are current…

How has Federal Agricultural Mortgage’s stock been impacted by COVID-19?

Federal Agricultural Mortgage’s stock was trading at $66.04 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health…

Are investors shorting Federal Agricultural Mortgage?

Federal Agricultural Mortgage saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling…

When is Federal Agricultural Mortgage’s next earnings date?

Federal Agricultural Mortgage is scheduled to release its next quarterly earnings announcement on Thursday, May 5th 2022. View our earnings foreca…

How were Federal Agricultural Mortgage’s earnings last quarter?

Federal Agricultural Mortgage Co. (NYSE:AGM) issued its quarterly earnings results on Monday, February, 28th. The credit services provider reported…

How often does Federal Agricultural Mortgage pay dividends? What is the dividend yield for Federal Agricultural Mortgage?

Federal Agricultural Mortgage declared a quarterly dividend on Wednesday, March 2nd. Investors of record on Wednesday, March 16th will be given a d…

Is Federal Agricultural Mortgage a good dividend stock?

Federal Agricultural Mortgage pays an annual dividend of $3.80 per share and currently has a dividend yield of 2.98%. Federal Agricultural Mortgage…

What price target have analysts set for AGM?

1 analysts have issued 12-month price targets for Federal Agricultural Mortgage’s stock. Their forecasts range from $115.00 to $115.00. On average,…

Who are Federal Agricultural Mortgage’s key executives?

Federal Agricultural Mortgage’s management team includes the following people: Bradford T. Nordholm , President & Chief Executive Officer Robert…

What is FAMC mortgage?

What Is Federal Agricultural Mortgage Corporation (FAMC)? The Federal Agricultural Mortgage Corporation (FAMC )—also known as Farmer Mac—was founded by an act of Congress in 1987 in response to the farm crisis in the United States. 1 The crisis caused thousands of farmers to default on their loans and also resulted in the failure …

What was the impact of the Agricultural Credit Act of 1987?

These two pressures led to a crisis among agricultural borrowers. In 1987, Congress responded to the emergency by approving the Agricultural Credit Act, which created Farmer Mac. In the years that followed, Congress expanded Farmer Mac’s authority to include US Department of Agriculture (USDA) guaranteed securities, whole loans, …

What is FAMC in agriculture?

Congress established the Federal Agricultural Mortgage Corporation (FAMC) to create a secondary market for agricultural mortgage-backed securities (AMBS) and to ease conditions for agricultural and rural borrowing. 2 The FAMC is a stockholder-owned, federally chartered corporation, trading under the ticker symbol ” AGM .”. 3.

How many rural borrowers does Farmer Mac have?

As of 2019, the company has helped fund loans to over 86,000 rural borrowers throughout the U.S., resulting in more than $58 billion of investments. 9 Farmer Mac guarantees agricultural mortgage-backed securities.

What is the FAMC?

The Federal Agricultural Mortgage Corporation (FAMC)—also known as Farmer Mac—was founded by an act of Congress in response to the U.S. farm crisis of the 1980s. 1 . The combination of increased interest rates and a decline in the demand for agricultural products caused many American farmers to default on their loans and declare bankruptcy.

What caused many American farmers to default on their loans and declare bankruptcy?

The combination of increased interest rates and a decline in the demand for agricultural products caused many American farmers to default on their loans and declare bankruptcy.

What happened to Farmer Mac in 2008?

During the 2008 financial crisis, Farmer Mac’s investment in Fannie Mae shares and Lehman Brothers led to significant losses. 10 These losses forced the Farm Credit System and other investors to bail out Farmer Mac through a stock purchase worth over $60 million.

What is Farmer Mac?

The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), a stockholder-owned, federally chartered corporation that provides a secondary market for a variety of loans made to borrowers in rural America with the intent of increasing the availability and affordability of credit for the benefit of rural America, announced today that it has completed a $302.7 million securitization of agricultural mortgage loans.

When is Farmer Mac’s fourth quarter dividend?

The quarterly dividend will be payable on December 31, 2021 to holders of record of common stock as of December 15, 2021.

When will Farmer Mac release results?

A conference call to discuss the results will be held that day at 4:30 p.m. eastern time.

What is fair value in accounting?

Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.

What is the ticker symbol for agricultural mortgages?

Federal Agricultural Mortgage trades on the New York Stock Exchange (NYSE) under the ticker symbol “AGM.”

What is a USDA mortgage?

Federal Agricultural Mortgage Corp. is a stockholder-owned, federally chartered corporation, which engages in the provision of a secondary market for agricultural real estate and rural housing mortgage loans, rural utilities loans, and loans guaranteed by the United States Department of Agriculture. It combines private capital and public sponsorship to serve a public purpose. The firm operates through the following segments: Farm & Ranch; USDA Guarantees; Rural Utilities; and Institutional Credit. The Farm & Ranch segment operates the mortgage loans secured by first liens on agricultural real estate, including part-time farms and rural housing. The USDA Guarantees segment provides agricultural and rural development loans guaranteed by the United States Department of Agriculture. The Rural Utilities segment engages in the business of loans made by lenders organized as cooperatives to finance electrification and telecommunications systems in rural areas. It provides liquidity and lending capacity to agricultural and rural utilities lenders by purchasing eligible loans directly from lenders; providing advances against eligible loans by purchasing obligations secured by those loans; se

What is a hold rating on Federal Agricultural Mortgage?

A hold rating indicates that analysts believe investors should maintain any existing positions they have in AGM, but not buy additional shares or sell existing shares.

How much dividend does Federal Agricultural Mortgage pay?

Federal Agricultural Mortgage pays a meaningful dividend of 2.75%, higher than the bottom 25% of all stocks that pay dividends.

What is Federal Agricultural Mortgage Corporation?

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or… [Read more…]

Is Farmer Mac upside or downside?

I believe that Farmer Mac has a more than 100% upside and Zillow an 80% downside.

Where is Federal Agricultural Mortgage Corporation located?

Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.

What are the four segments of USDA?

It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the USDA. The Rural Utilities segment purchases and guarantees securities that are backed by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and purchases eligible rural utilities loans and guarantees of securities backed by those loans, as well as LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment guarantees and purchases general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farmer Mac’s Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.

What Does The Institutional Ownership Tell Us About Federal Agricultural Mortgage?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

Insider Ownership Of Federal Agricultural Mortgage

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

General Public Ownership

With a 22% ownership, the general public have some degree of sway over Federal Agricultural Mortgage. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Private Company Ownership

Our data indicates that Private Companies hold 4.5%, of the company’s shares. It’s hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Next Steps

While it is well worth considering the different groups that own a company, there are other factors that are even more important.

What Is Federal Agricultural Mortgage Corporation (Famc)?

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Understanding Federal Agricultural Mortgage Corporation

Federal Agricultural Mortgage Corporation (FAMC) Functionality

Special Considerations