Federal National Mortgage Association (FNMA)
| Market Cap | 1.88B |
| Revenue (ttm) | 59.94B |
| Net Income (ttm) | 17.96B |
| Shares Out | 1.16B |
| EPS (ttm) | -0.01 |
| PE Ratio | n/a |
| Forward PE | 0.87 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 399,531 |
| Open | 1.590 |
| Previous Close | 1.595 |
| Day's Range | n/a |
| 52-Week Range | 0.430 - 1.990 |
| Beta | 1.37 |
| Analysts | Buy |
| Price Target | 2.00 (+23.46%) |
| Earnings Date | May 1, 2020 |
About FNMA
Federal National Mortgage Association provides financing solutions for mortgages in the United States. The company operates through Single-Family and Multifamily segments. 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. Departme... [Read more]
Financial Performance
In 2023, FNMA's revenue was $30.30 billion, a decrease of -1.38% compared to the previous year's $30.72 billion. Earnings were $17.41 billion, an increase of 34.71%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for FNMA stock is "Buy" and the 12-month stock price forecast is $2.0.
News
Fannie Mae Announces the Results of its Thirty-first Reperforming Loan Sale Transaction
WASHINGTON , May 16, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its thirty-first reperforming loan sale transaction. The deal, announced on April 16, 2024, included t...
Fannie Mae Appoints Data Science and Technology Executive Diane N. Lye to its Board of Directors
WASHINGTON, May 14, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced Diane N. Lye has been appointed to its Board of Directors.
Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale
WASHINGTON , May 9, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-fourth non-performing loan sale transaction. The deal, announced on April 9, 2024, included ...
Fannie Mae Expands Income Calculator Tool with Free, Web-based Option for Loan Originators
New Enhancement Calculates Borrower Self-Employment Income with Speed and Certainty WASHINGTON , May 8, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) has announced new enhancements to its Income Calcu...
Housing Sentiment Again Shows Signs of Plateauing
HPSI Flat in April as Consumers Continue to Adjust to Higher Rate Environment WASHINGTON , May 7, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) was unchanged ...
Fannie Mae Reports Net Income of $4.3 Billion for First Quarter 2024
WASHINGTON , April 30, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today reported its first quarter 2024 financial results and filed its First Quarter 2024 Form 10-Q with the Securities and Exchange...
Fannie Mae Updates Equitable Housing Finance Plan
Moves toward expanding and scaling various actions in third year of the Plan WASHINGTON , April 29, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today released its annual update to the 2022-2024 Equi...
Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes
WASHINGTON , April 29, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and al...
Fannie Mae Releases March 2024 Monthly Summary
WASHINGTON , April 25, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) March 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-...
Fannie Mae Announces Scheduled Release of First Quarter 2024 Financial Results
Company to Host Conference Call WASHINGTON , April 23, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced plans to report its first quarter 2024 financial results on Tuesday morning, April ...
Hot Economy, Inflation Likely to Keep Rates 'Higher for Longer'
Rise in New Home Listings Projected to Boost Sales Despite Recent Run-up in Mortgage Rates WASHINGTON , April 23, 2024 /PRNewswire/ -- Stronger-than-expected economic and inflation data have pushed in...
Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes
WASHINGTON , April 22, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTCQB) today announced that it has commenced fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for the purc...
Fannie Mae Priced $509.1 Million Multifamily DUS REMIC (FNA 2024-M4) Under Its GeMS Program
WASHINGTON , April 18, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $509.1 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on...
Home Prices Moved Up Another 1.7% to Start the Year
Latest FNM-HPI Reading Showed Year-over-Year Increase of 7.4 Percent in Q1 2024 WASHINGTON , April 17, 2024 /PRNewswire/ -- Single-family home prices increased 7.4 percent from Q1 2023 to Q1 2024, up ...
Fannie Mae Announces Sale of Reperforming Loans
WASHINGTON , April 16, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its ...
Fannie Mae Prices $628 Million Connecticut Avenue Securities (CAS) REMIC Deal
WASHINGTON , April 11, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R03, an approximately $628 million note offering that represents Fannie Mae...
Fannie Mae Announces Sale of Non-Performing Loans
NPL 2024-2 Includes the Company's Twenty-Fourth Community Impact Pool Offering WASHINGTON , April 9, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its latest sale of non-performing loa...
Households May Finally Be Adjusting to Higher Mortgage Rates
Survey Shows Greater Optimism Toward Homebuying and Home-Selling Conditions, Even as Pessimism Toward Rates Jumps WASHINGTON , April 8, 2024 The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index...
Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $22.0 Billion of Single-Family Loans
WASHINGTON , April 4, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTC) announced today that it has executed two new Credit Insurance Risk Transfer™ (CIRT™) transactions. Together, CIRT 2024-L2 and CIRT 2024...
Fannie Mae Releases February 2024 Monthly Summary
WASHINGTON, March 27, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) February 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and ye...
Fannie Mae Receives 2024 ENERGY STAR Partner of the Year Award for Sustained Excellence
Fannie Mae Recognized for Positive Impact in Green Financing WASHINGTON , March 26, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced it has received the 2024 ENERGY STAR Partner of the Ye...
Fannie Mae Announces Winner of Twenty-Third Community Impact Pool of Non-Performing Loans
WASHINGTON , March 26, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-third Community Impact Pool (CIP) of non-performing loans. The transaction is exp...
Mortgage rates to stay above 6% through 2025, Fannie Mae says
Fannie Mae now says mortgage rates will stay above 6% through 2025, after predicting last month that the average 30-year fixed mortgage would drop below 6% by the end of this year.
Higher Mortgage Rate Forecast Leads to Decline in 2024 Home Sales Expectations
Recent Inflation Data Likely to Keep Mortgage Rates 'Higher for Longer' than Previously Forecast WASHINGTON , March 19, 2024 /PRNewswire/ -- The increase in mortgage rates in February has driven a mod...
Fannie Mae Prices $751 Million Connecticut Avenue Securities (CAS) REMIC Deal
WASHINGTON , March 7, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R02, an approximately $751 million note offering that represents Fannie Mae'...