Analyst Price Target is $115.00
▲ +3.89% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Federal Agricultural Mortgage in the last 3 months. The average price target is $115.00, with a high forecast of $115.00 and a low forecast of $115.00. The average price target represents a 3.89% upside from the last price of $110.69.
Current Consensus is
The current consensus among 1 contributing investment analysts is to hold stock in Federal Agricultural Mortgage. This rating has held steady since February 2020, when it changed from a Buy consensus rating.
Federal Agricultural Mortgage Corp. is a stockholder-owned, federally chartered corporation, which engages in the provision of a secondary market for agricultural real estate and rural housing mortgage loans, rural utilities loans, and loans guaranteed by the United States Department of Agriculture. It combines private capital and public sponsorship to serve a public purpose. The firm operates through the following segments: Farm & Ranch; USDA Guarantees; Rural Utilities; and Institutional Credit. The Farm & Ranch segment operates the mortgage loans secured by first liens on agricultural real estate, including part-time farms and rural housing. The USDA Guarantees segment provides agricultural and rural development loans guaranteed by the United States Department of Agriculture. The Rural Utilities segment engages in the business of loans made by lenders organized as cooperatives to finance electrification and telecommunications systems in rural areas. It provides liquidity and lending capacity to agricultural and rural utilities lenders by purchasing eligible loans directly from lenders; providing advances against eligible loans by purchasing obligations secured by those loans; se