This quarterly dividend, which represents an increase of 27% in Farmer Mac's quarterly dividend rate, will be payable on March 28, 2024 to holders of record of common stock as of March 15, 2024.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/29/2024 | $212.00 → $215.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 9/6/2023 | $220.00 | Outperform | Keefe Bruyette |
| 3/29/2023 | $170.00 | Neutral → Buy | Sidoti |
| 2/23/2023 | $139.00 | Buy → Neutral | Sidoti |
| 1/23/2023 | Buy | Seaport Research Partners | |
| 5/5/2022 | $138.00 | Neutral → Buy | Sidoti |
Farmland Partners Inc. (NYSE:FPI) (the "Company" or "FPI") today announced the addition of Dr. Bruce Sherrick, a renowned agricultural economist and farmland expert at the University of Illinois, to its Board of Directors (the "Board"), effective July 23, 2024. Dr. Sherrick has held the Marjorie and Jerry Fruin Professorship at the University of Illinois since 2013 and has run the TIAA-CREF Center for Farmland Research at the university's Department of Agricultural and Consumer Economics since 2014. For the past 22 years, Dr. Sherrick has also been a Managing Partner at Integrated Financial Analytics & Research (iFAR), a consulting firm that specializes in credit risk assessment and model
WASHINGTON, May 16, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, today announced that Jeffrey L. Plagge and Kevin G. Riel have been elected as the newest members of the company's board of directors. They replace Dennis Brack and Everett Dobrinski on Farmer Mac's board, both of whom chose not to stand for re–election. Commenting on their election, Board Chair Lowell L. Junkins said, "We w
WASHINGTON, Feb. 24, 2021 /PRNewswire/ -- 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 of rural America, announced today that Eric T. McKissack of Chicago, Illinois has been appointed the newest member of the company's board of directors. His appointment fills the seat of former board member W. David Hemingway after his unexpected passing in November 2020. Mr. McKissack brings significant financial and investment expertise from his many years as a portfolio management executive. He is the founder and former CEO of Channing Capital Management, L
SC 13G/A - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Subject)
SC 13G/A - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Subject)
SC 13G/A - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Subject)
WASHINGTON, Nov. 6, 2024 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a fourth quarter dividend of $1.40 per share for each of Farmer Mac's three classes of common stock – Class A Voting Common Stock (NYSE:AGM), Class B Voting Common Stock (not listed on any exchange), and Class C Non-Voting Common Stock (NYSE:AGM). The quarterly dividend will be payable on December 31, 2024 to holders of record of common stock as of December 16, 2024. Farmer Mac's board of directors has also declared a dividend on each of F
- Outstanding Business Volume of $28.5 Billion - WASHINGTON, Nov. 4, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation ((Farmer Mac, NYSE:AGM), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, today announced its results for the fiscal quarter ended September 30, 2024. "Farmer Mac delivered another solid quarter, demonstrating yet again the benefits of our successful efforts to continue to diversify our revenue streams, taking advantage of our strong capital base and uninter
WASHINGTON, Oct. 21, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation ((Farmer Mac, NYSE:AGM), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, today announced that it will release its financial results for the fiscal quarter ended September 30, 2024, on Monday, November 4, 2024, before the opening of equity markets. A conference call to discuss the results will be held that day at 4:30 p.m. eastern time. The conference call can be accessed by telephone or webcast as follow
8-K - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Filer)
10-Q - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Filer)
8-K - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Filer)
WASHINGTON, Nov. 6, 2024 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a fourth quarter dividend of $1.40 per share for each of Farmer Mac's three classes of common stock – Class A Voting Common Stock (NYSE:AGM), Class B Voting Common Stock (not listed on any exchange), and Class C Non-Voting Common Stock (NYSE:AGM). The quarterly dividend will be payable on December 31, 2024 to holders of record of common stock as of December 16, 2024. Farmer Mac's board of directors has also declared a dividend on each of F
- Outstanding Business Volume of $28.5 Billion - WASHINGTON, Nov. 4, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation ((Farmer Mac, NYSE:AGM), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, today announced its results for the fiscal quarter ended September 30, 2024. "Farmer Mac delivered another solid quarter, demonstrating yet again the benefits of our successful efforts to continue to diversify our revenue streams, taking advantage of our strong capital base and uninter
WASHINGTON, Oct. 21, 2024 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation ((Farmer Mac, NYSE:AGM), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, today announced that it will release its financial results for the fiscal quarter ended September 30, 2024, on Monday, November 4, 2024, before the opening of equity markets. A conference call to discuss the results will be held that day at 4:30 p.m. eastern time. The conference call can be accessed by telephone or webcast as follow
4 - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Issuer)
4 - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Issuer)
4 - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Issuer)
4 - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Issuer)
4 - FEDERAL AGRICULTURAL MORTGAGE CORP (0000845877) (Issuer)
Keefe, Bruyette & Woods analyst Bose George reiterates Federal Agricultural (NYSE:AGM) with a Outperform and lowers the price target from $225 to $212.
Federal Agricultural (NYSE:AGM) reported quarterly earnings of $3.96 per share which missed the analyst consensus estimate of $4.06 by 2.46 percent. The company reported quarterly sales of $89.103 million which missed the analyst consensus estimate of $92.255 million by 3.42 percent. This is a 7.49 percent increase over sales of $82.894 million the same period last year.
This quarterly dividend, which represents an increase of 27% in Farmer Mac's quarterly dividend rate, will be payable on March 28, 2024 to holders of record of common stock as of March 15, 2024.
Keefe Bruyette downgraded Fed Agricult Mortg from Outperform to Mkt Perform and set a new price target of $215.00 from $212.00 previously
Keefe Bruyette initiated coverage of Fed Agricult Mortg with a rating of Outperform and set a new price target of $220.00
Sidoti upgraded Fed Agricult Mortg from Neutral to Buy and set a new price target of $170.00