Shares of Federal National Mortgage Association (OTCMKTS:FNMA - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $2.40 and last traded at $2.16, with a volume of 31924736 shares traded. The stock had previously closed at $2.07.
Federal National Mortgage Association Stock Performance
The firm's 50 day moving average price is $1.30 and its 200-day moving average price is $1.36.
Federal National Mortgage Association (OTCMKTS:FNMA - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The financial services provider reported $0.69 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.05. The firm had revenue of $38.14 billion for the quarter, compared to analyst estimates of $7.17 billion. Federal National Mortgage Association had a net margin of 11.22% and a negative return on equity of 30.10%.
About Federal National Mortgage Association
(
Get Free Report)
Federal National Mortgage Association provides financing solutions for mortgages in the United States. It operates through two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S.
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