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OTC:FNMA

Fannie Mae (FNMA) Stock Price, News & Analysis

$3.01 -0.38 (-11.21%)
(As of 11/20/2024 ET)

About Fannie Mae Stock (OTC:FNMA)

Key Stats

Today's Range
$2.89
$3.37
50-Day Range
N/A
52-Week Range
$0.70
$3.65
Volume
29.12 million shs
Average Volume
5.39 million shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.00
Consensus Rating
Hold

Company Overview

Federal National Mortgage Association provides a source of financing for mortgages in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company 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. Department of Agriculture, manufactured housing mortgage loans, and other mortgage-related securities. This segment also provides single-family mortgage servicing, as well as credit risk and loss management services. The Multifamily segment securitizes multifamily mortgage loans into Fannie Mae MBS; purchases multifamily mortgage loans; and provides credit enhancement for bonds issued by state and local housing finance authorities to finance multifamily housing. This segment also issues structured MBS backed by Fannie Mae multifamily MBS; buys and sells multifamily agency mortgage-backed securities; invests in low-income housing tax credit (LIHTC) multifamily projects; and offers delegated underwriting and servicing, as well as multifamily mortgage, and credit risk and loss management services. The company serves mortgage banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, insurance companies, private mortgage originators, and state and local housing finance agencies. Federal National Mortgage Association was founded in 1938 and is headquartered in Washington, the District of Columbia.

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FNMA Stock News Headlines

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FNMA Stock Analysis - Frequently Asked Questions

Fannie Mae's stock was trading at $3.01 at the beginning of the year. Since then, FNMA shares have increased by 0.0% and is now trading at $3.01.
View the best growth stocks for 2024 here
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Shares of FNMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Company Calendar

Today
11/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Federal & federally sponsored credit
Sub-Industry
Banking
CIK
N/A
Web
N/A
Employees
8,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.00
High Stock Price Target
$3.00
Low Stock Price Target
$3.00
Potential Upside/Downside
-0.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$17.41 billion
Pretax Margin
14.06%

Debt

Sales & Book Value

Annual Sales
$139.99 billion
Cash Flow
$11.58 per share
Book Value
($53.78) per share

Miscellaneous

Free Float
N/A
Optionable
N/A
Beta
1.60
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This page (OTC:FNMA) was last updated on 11/21/2024 by MarketBeat.com Staff
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