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Federal Agricultural Mortgage Corporation(AGM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AGM
09/18/2026: AGM (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Federal Agricultural Mortgage Corporation, known as Farmer Mac, is a government-sponsored enterprise that provides a secondary market for agricultural and rural utility loans. By leveraging its unique GSE status, the company maintains a stable, low-cost funding advantage that supports a consistent, profit-generating business model. Its primary investment opportunity lies in the long-term demand for financing American agricultural real estate and essential rural infrastructure. However, investors must monitor risks related to agricultural economic cycles, interest rate volatility, and potential legislative changes to the GSE mandate. The stock is best suited for value and dividend-focused investors seeking steady, defensive exposure to the rural economy through a well-established institutional platform.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers steady, predictable growth rather than high-octane capital appreciation. |
| Momentum investor | Weak fit | The stock typically exhibits low-beta, value-oriented price action rather than rapid momentum trends. |
| Value investor | Strong fit | Farmer Mac often trades at valuation multiples that reflect its stable, reliable cash flow and unique market position. |
| Dividend investor | Strong fit | The company provides a consistent dividend yield, making it an attractive option for income-focused portfolios. |
| Low-risk investor | Strong fit while signal remains positive | The GSE structure and high-quality asset portfolio provide a defensive profile suitable for conservative investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | The stock typically tracks closer to interest-rate-sensitive financial vehicles than high-growth tech stocks. |
| Valuation risk | Medium | As with any interest-rate-sensitive stock, valuation can fluctuate with changes in the yield curve. |
| Competition risk (Agricultural Finance) | Medium | Major commercial banks may aggressively price loans to capture agricultural market share. |
| Business quality | Strong | The company's status as a GSE provides a strong, durable competitive moat in the secondary market. |
| Dividend income | Medium | While consistent, dividends are subject to board approval and the company's overall earnings performance. |
| Execution risk | Low | The business model is well-established and relies on proven secondary market mechanisms. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 0.09% | Avg. Invested days 39 | Today’s Advisory WEAK BUY |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/18/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.42B USD | Price to earnings Ratio 12.08 | 1Y Target Price 257 |
Price to earnings Ratio 12.08 | 1Y Target Price 257 | ||
Volume (30-day avg) 101.1K shares | Beta 0.99 | 52 Weeks Range 134.41 - 246.53 | Updated Date 09/18/2026 |
52 Weeks Range 134.41 - 246.53 | Updated Date 09/18/2026 | ||
Dividends yield (FY) 2.81% | Basic EPS (TTM) 18.49 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Net Interest Income | The spread between interest earned on agricultural loans held in portfolio and the interest paid on Farmer Mac's debt securities. | The company acts as a middleman, earning money from the difference between the rates they charge farmers and the rates they pay to borrow money. |
| Guarantee and Management Fees | Fees earned for guaranteeing the performance of agricultural loans that remain on the books of originating lenders. | They collect fees for taking on the risk of these loans, providing a stable source of revenue. |
Valuation
Trailing PE 12.08 | Forward PE 9.52 | Enterprise Value 38.96B | Price to Sales(TTM) 5.93 |
Enterprise Value 38.96B | Price to Sales(TTM) 5.93 | ||
Enterprise Value to Revenue 89.34 | Enterprise Value to EBITDA - | Shares Outstanding 9.32M | Shares Floating 10.20M |
Shares Outstanding 9.32M | Shares Floating 10.20M | ||
Percent Insiders 1.69 | Percent Institutions 88.41 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Federal Agricultural Mortgage Corporation
Exchange NYSE | Headquarters Washington, DC, United States | ||
IPO Launch date 1995-08-18 | President & CEO Mr. Zachary N. Carpenter | ||
Sector Financial Services | Industry Credit Services | Full time employees 212 | Website https://www.farmermac.com |
Full time employees 212 | Website https://www.farmermac.com | ||
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The Farm & Ranch segment includes the USDA Securities portfolio, Farm & Ranch loans, and AgVantage securities secured by Farm & Ranch loans. The Corporate AgFinance segment includes loans and AgVantage securities to larger and more complex farming operations, agribusinesses focused on food and fiber processing, and other supply chain production. The Power & Utilities segment includes loans to rural electric generation and transmission cooperatives and distribution cooperatives, as well as AgVantage securities secured by those types of loans. The Broadband Infrastructure segment includes loans to rural fiber, cable/broadband, tower, wireless, local exchange carrier, and data center projects. The Renewable Energy segment includes rural electric, solar, wind, and gas projects. The Funding segment includes debt issuance, hedging, asset/liability management, and capital allocation. The Investments segment includes an investment portfolio, which is held for liquidity purposes. The company is involved in a line of agricultural finance business, including 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 long-term standby purchase commitments for designated eligible loans. Federal Agricultural Mortgage Corporation was incorporated in 1987 and is headquartered in Washington, District Of Columbia.
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