Federal Agricultural Mortgage

AGM · NYSE

$200.82+$1.51 (+0.76%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $199.31

AGM analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 4 analysts

Average $262.14 (+30.5% upside)

Low: $256.54
Now: $200.82
High: $275.10

Upgrades and downgrades

The latest rating actions, newest first

AGM analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Aug 3, 2026	Maintains	Outperform	$228.00 → $255.00	53%
Keefe, Bruyette & Woods	May 12, 2026	Maintains	Outperform	$215.00 → $228.00	53%
Keefe, Bruyette & Woods	Feb 23, 2026	Maintains	Outperform	$219.00 → $215.00	53%
Keefe, Bruyette & Woods	Nov 5, 2025	Upgrade	Market Perform → Outperform	$217.00 → $219.00	53%

The case for and against

Updated Jan 26, 2026

Bull case

Federal Agricultural Mortgage Corp has demonstrated significant growth in its Renewable Energy segment, with total assets increasing by 21% quarter-over-quarter and 122% year-over-year, while the segment's spread improved from 155 basis points to 168 basis points. Additionally, the company's book value rose by 2% quarter-over-quarter, reaching $103.36, and it maintained a strong core capital position of $1.6 billion, resulting in a Tier 1 capital ratio of 13.6%. Furthermore, the Rural Infrastructure segment also showed positive momentum, growing by 7% quarter-over-quarter and 23% year-over-year, indicating robust demand and performance across multiple business areas.

Bear case

Federal Agricultural Mortgage Corp is facing a negative outlook due to potential significant credit deterioration among borrowers, which poses a risk to its mortgage loan operations. Additionally, a notable decline in demand for agricultural products in the U.S. could adversely impact the company's revenue and loan performance. These factors suggest increasing challenges for the firm, raising concerns about its financial stability and growth prospects.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.