Federal Agricultural Mortgage Corporation — Chart, Price & News (NYSE:AGM-PF)

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Financials

Overview 明細書 Statistics Dividends

Quarterly Annual

Market Capitalization 1.37 B
Employee 191
Founded 1988
CEO Bradford T. Nordholm
Website www.farmermac.com
Headquarter District Of Columbia, United States
FIGI BBG000G8ZKY4
Industry Technology

Total revenue

Net income

Basic earnings per share (Basic EPS)

Total debt

Free cash flow

Cash & equivalents

1.37 B Market capitalization

Price to earnings ratio

1.17

Price to sales ratio

0.57

Dividends per share

1.5

Dividend yield %

7.7

Federal Agricultural Mortgage Corporation 5.250% Non-Cumulative

The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities. Farmer Mac operates by purchasing eligible loans from agricultural and rural infrastructure lenders, guaranteeing securities backed by those loans, and providing loan funding and risk management solutions to rural financing institutions. This structure allows lenders to replenish capital and continue issuing loans, thereby contributing to liquidity in the agricultural and rural infrastructure sectors. Over time, its statutory authority has expanded to include loans for rural utilities, renewable energy, and other infrastructure projects. Regulated by the Farm Credit Administration, Farmer Mac is one of the government-sponsored enterprises tasked with supporting targeted credit markets.