Federal Agricultural Mortgage Q2 adjusted EPS beats estimates
AGM•Outlook
- Farmer Mac says it is well positioned to navigate evolving macro environment in 2026
- Company expects significant opportunities ahead in agricultural and rural infrastructure markets
Overview
- US agricultural mortgage lender's Q2 adjusted EPS beat analyst expectations
- Q2 net interest income rose 22% yr/yr, driven by robust volume growth
- Company launched new Farm & Ranch loan platform and issued $100 mln in preferred stock
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Adjusted EPS | Beat | $5.4 | $4.87 (3 Analysts) |
| Q2 EPS | $5.41 | ||
| Q2 Net Income | $66.95 mln | ||
| Q2 Net Interest Income | $118.1 mln | ||
| Q2 Basic EPS | $5.43 | ||
| Q2 Pretax Profit | $81.84 mln |
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell".
The average consensus recommendation for the corporate financial services peer group is "buy".
Wall Street's median 12-month price target for Federal Agricultural Mortgage Corp is $226.00, about 5.8% above its July 29 closing price of $213.67.
