FEDERAL AGRICULTURAL MORTGAGE NON (AGM)
Financials · Government-Sponsored Enterprise / Agricultural Finance · NYSE
Farmer Mac provides vital liquidity and stability to the US agricultural and rural credit markets through its role as a government-sponsored enterprise (GSE).
What FEDERAL AGRICULTURAL MORTGAGE NON does
Federal Agricultural Mortgage Corporation (Farmer Mac) is a federally chartered, shareholder-owned instrumentality of the United States. It provides a secondary market for a variety of agricultural mortgage and rural utility loans, operating through its agricultural mortgage and rural utilities finance business segments. The company increases the availability of credit to America’s agricultural producers and rural communities by providing liquidity to lenders.
Themes: agricultural finance, rural infrastructure financing, secondary market lending, government-sponsored enterprise
Fundamentals
- Price$219.71 as of 2026-08-24 close
- Market cap$2.5B as of 2026-08-24
- 1-year return+7.7% 2025-08-22 close $204.06 → 2026-08-24 close $219.71
- P/E10.50 as of 2026-08-24
- Net margin+13.5% as of 2026-08-24
- Gross margin+26.2% as of 2026-08-24
- ROE+13.1% as of 2026-08-24
- Debt / equity19.90 as of 2026-08-24
- Revenue growth (YoY)+7.2% as of 2026-08-24
- Beta0.78 as of 2026-08-24
- Last reported earnings2026-07-30 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.7%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How AGM compares in its sector
- price-to-earnings ratiobottom 25% 513 covered Financials peers, as of 2026-08-24
- net profit marginmiddle range 538 covered Financials peers, as of 2026-08-24
- operating marginmiddle range 534 covered Financials peers, as of 2026-08-24
- gross marginbottom 10% 176 covered Financials peers, as of 2026-08-24
- return on equitymiddle range 575 covered Financials peers, as of 2026-08-24
- indicated dividend yieldmiddle range 453 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)middle range 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
AGM is not currently in any published Top 10 list. Its scores are below.
Long-term score
54.8 #333 of 987 scored · #129 of 191 in Financials
Valuation 86th (price to book 1.1, price to earnings 10.6) and capital return 71st (consecutive years of dividend increases 5 years); weakest is financial health (36th, debt to equity 19.9, free cash flow margin 18.3%).
Short-term score
53.6 #573 of 1,704 scored · #92 of 277 in Financials
Momentum 63rd: near the bottom of its 14-day range (oversold); setup 61st: no fresh 20-day breakout up or down; weakest is trend 43rd: a strong downtrend, with sellers in control.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, AGM's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 43%, free-cash-flow payout 111%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout43% dividends / net income
- Free-cash-flow payout111% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How FEDERAL AGRICULTURAL MORTGAGE NON looks technically
FEDERAL AGRICULTURAL MORTGAGE NON (AGM) is trading 23.6% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 50 trading days ago — a "golden cross", a bullish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 6 trading days ago (its momentum flipped negative). It made a new 20-day high about 14 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 23.6% above its 200-day average, the long-term trend line — a longer-term uptrend | +23.6% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $208.79 | $208.79 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $178.60 | $178.60 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 18 calendar days ago — the swings before that are what the structure reading is measured on | 18 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in the fourth leg, a pullback against that upward direction; the labelling fails if price closes below 186.5. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a completed three-part correction. | possible upward five-wave sequence, in wave 4 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 50 trading days ago — a "golden cross", a bullish long-term signal | 50 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 34, with sellers in control | 33.6 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30) | 48.5 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($219.03 to $244.50) — its "stochastic" reading is 7 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 7.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 6 trading days ago (its momentum flipped negative) | 6 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $248.27 | $248.27 |
|---|---|---|
| From the 52-week high | it is 11.0% below its 52-week high (its highest price of the past year) | -11.1% |
| Above the 52-week low | it is 61.7% above its 52-week low (its lowest price of the past year) | +61.7% |
| Below the 52-week high | it is 11.0% below its highest point of the past year | 11.1% |
| Since a 20-day breakout | it made a new 20-day high about 14 trading days ago | 14 sessions |
| Since a 55-day breakout | it made a new 55-day high about 14 trading days ago | 14 sessions |
| All-time high | its highest closing price on record is $248.27 (set on 2026-08-03) | $248.27 |
| Given back of the 52-week move | over the past year its closes ranged ($139.00 to $241.74), and it has given back roughly a quarter of its rise from last year’s low — 20% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $174.96 to $178.25. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 20.3% |
| From the all-time high | it is 11.0% below its all-time high | -11.1% |
| Nearest price level | it is trading 2.3% above a support level at $215.78 — a price it turned at twice since 2024-11-12, most recently on 2024-12-11. Since 2024-08-21 it has 13 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -2.3% |
| All-time low | its lowest closing price on record is $1.33 (set on 1995-06-07) | $1.33 |
| Above the all-time low | it is 16463.0% above its all-time low | +16,463% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 46th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $6.33 between its high and its low — about 2.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $6.33 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $210.22 and $247.06 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $210.22 – $228.64 – $247.06 |
| Typical daily range (% of price) | its price moves about 2.9% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.9% |
| Stretch from the 200-day average | it is trading 6.7 daily ranges above its 200-day average price (23.7% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 6.7 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.89× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 5 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 5 sessions ago |
|---|---|---|
| Since a hammer | 5 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 5 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.4% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.4% |
|---|---|---|
| Open gap | it gapped 3.0% above the previous close 19 sessions ago and has not traded back through the level it left behind at 205.47 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +3.0% |
Price streaks
1
| Closing streak | it has closed lower 5 sessions in a row, a -5.1% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 5 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 4.0 percentage points (the stock gained 6.3% while the market gained 2.3%) | +4.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 21.7 percentage points (the stock gained 24.8% while the market gained 3.1%) | +21.7% |
| vs market, 6 months | over the past 6 months this stock beat the market by 36.7 percentage points (the stock gained 47.8% while the market gained 11.1%) | +36.7% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 7.4 percentage points (the stock gained 13.1% while the market gained 20.5%) | -7.4% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, near the bottom of its 14-day range (oversold), trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, MACD momentum is negative — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 14% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-15 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 3.1% of the share price. | +13.9% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 23% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $179.25 — a volume-weighted average of daily closes over 159 sessions, not a true tick-by-tick VWAP. | +23.2% |
|---|---|---|
| Vs the average paid since it last reported | the price is 5% below the average price paid since it last reported on 2026-07-30 (its 10-Q), so the typical buyer over that stretch is under water. That average is $231.30 — a volume-weighted average of daily closes over 17 sessions, not a true tick-by-tick VWAP. | -4.5% |
Price levels it has turned at before
AGM last closed at $220.84 on 2026-08-21. Since 2024-08-21 it has turned at 13 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $215.78 | Support | 2.3% below the last close | turned there twice · 2024-11-12 to 2024-12-11 |
| $211.22 | Support | 4.4% below the last close | turned there three times · 2025-02-21 to 2025-08-28 |
| $201.99 | Support | 8.5% below the last close | turned there four times · 2024-11-20 to 2025-07-09 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 4 of five, a pullback against that direction.
This labelling fails — stops being a possible reading at all — if it closes below $186.50.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $209.52 and $229.98 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a completed three-part correction, which fails on a close above $248.27.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · beating the market · On a losing streak (5+ lower closes in a row) · Stretched far above its 200-day average (6+ daily ranges) · At the bottom of its 14-day range (stochastic below 20) · Under water since its last earnings report (below the anchored VWAP) | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$257.00 range $254.00 – $262.00; median $255.00
Analyst estimates, as of 2026-08-24. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for AGM
- Consensus EPS estimate$5.28 next reporting period, as of 2026-08-24
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Interest rate risk and the effectiveness of hedging strategies","Concentration of credit risk in the agricultural sector, including potential impacts of commodity price fluctuations and climate conditions","Changes in federal laws or government-sponsored enterprise (GSE) regulation"]
What changed in the latest 10-Q
AI-assisted comparison of AGM's 10-Q filed 2026-05-05 against the prior one filed 2025-11-03.
Management's Discussion & Analysis (MD&A)
- Added:
- Added reference to Form 10-K filed February 19, 2026 (2025 Annual Report) instead of February 21, 2025 (2024 Annual Report)
- Added 'charge offs' to the forward-looking statements list regarding portfolio credit quality trends
- Added reference to 'market indices' terminology in interest rate risk discussion
- Added specific Q1 2026 achievements: '$3.4 billion in liquidity and lending capacity', '301 days of liquidity', '$0.7 billion excess capital'
- Added comparison periods in Net Income table: March 31, 2026, December 31, 2025, and March 31, 2025
- Added numerical data for net income and core earnings for three comparison periods
- Added explanation of sequential increases: '$11.2 million and $11.7 million' increases attributed to '$11.7 million decrease in provision'
- Removed:
- Removed reference to 'quarter ended September 30, 2025' (replaced with 'three months ended March 31, 2026')
- Removed disclosure of preferred stock issuance ($96.9 million equity through 4.0 million shares of Series H preferred stock)
- Removed disclosure of share repurchase program revision (August 5, 2025 board action increasing authorization from $9.8 million to $50 million through August 5, 2027)
- Removed disclosure of actual share repurchases during fourth quarter 2025 (30,395 shares at $5.0 million cost)
- Removed language 'Farmer Mac is driven by its mission' (changed to 'We are driven by our mission')
- Removed language 'Farmer Mac also serves as a critical investment tool' (changed to direct statement about providing investment opportunities)
- Removed language 'Farmer Mac undertakes no obligation' (changed to 'We undertake no obligation')
- Removed disclosure about specific liquidity portfolio metric wording
- Removed display of third quarter 2025 specific achievements ($2.5 billion liquidity)
- Reworded:
- Changed 'quarter ended September 30, 2025' to 'three months ended March 31, 2026'
- Changed reference from '2024 Annual Report' to '2025 Annual Report'
- Changed 'Farmer Mac's' to 'our' in multiple instances (pronouns shifted to first person)
- Changed 'our nation's' to 'the nation's' in Overview section
- Changed 'power and utilities' to 'power & utilities' (ampersand format)
- Changed 'market indexes' to 'market indices' in interest rate risk discussion
- Changed 'Farmer Mac undertakes no obligation' to 'We undertake no obligation'
- Changed 'The following table shows our net income' to 'The following table presents our net income' (verb change from 'shows' to 'presents')
- Notes:
- The newer filing text appears truncated at the end of the Net Income and Core Earnings section ('The $11.2 million and $11.7 million sequential increases...were both primarily attributable to a $11.7 million decrease in the provi'), preventing full comparison of that section
- The older filing text also appears truncated in the Net Income and Core Earnings section ('The following table shows our net income attributable to common stockholders and core earnings for the periods presented. Core earnings is a non-GAAP measure that differs from n'), preventing full comparison
- This comparison covers different reporting periods (Q1 2026 vs. Q3 2025), which accounts for some of the operational disclosure differences beyond MD&A presentation changes
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for AGM — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding AGM as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 1,004,516
- Reported value $149,019,902
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
AGM had 355,601 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for AGM because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 355,601
- Prior settlement (shares) 380,310
- Reported change -6.5%
- Days to cover (reported) 2.91
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Fannie Mae (FNMA)
- Freddie Mac (FMCC)
- Federal Home Loan Banks
- Commercial banks and credit unions active in agricultural lending
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Frequently asked questions
What does FEDERAL AGRICULTURAL MORTGAGE NON (AGM) do?
Federal Agricultural Mortgage Corporation (Farmer Mac) is a federally chartered, shareholder-owned instrumentality of the United States. It provides a secondary market for a variety of agricultural mortgage and rural utility loans, operating through its agricultural mortgage and rural utilities finance business segments. The company increases the availability of credit to America’s agricultural producers and rural communities by providing liquidity to lenders.
What sector is FEDERAL AGRICULTURAL MORTGAGE NON (AGM) in?
FEDERAL AGRICULTURAL MORTGAGE NON (AGM) is classified in the Financials sector. Its industry is Government-Sponsored Enterprise / Agricultural Finance. It trades on NYSE.
Does AGM pay a dividend?
Yes — FEDERAL AGRICULTURAL MORTGAGE NON (AGM) pays a dividend, with an indicated yield of about 2.66% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are FEDERAL AGRICULTURAL MORTGAGE NON's (AGM) competitors?
Notable peers of FEDERAL AGRICULTURAL MORTGAGE NON (AGM) include Fannie Mae, Freddie Mac, Federal Home Loan Banks and Commercial banks and credit unions active in agricultural lending. This peer set is informational only — not financial advice.
Is FEDERAL AGRICULTURAL MORTGAGE NON (AGM) overbought or oversold right now?
FEDERAL AGRICULTURAL MORTGAGE NON (AGM) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 49, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AGM come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-24.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.