Federal National Mortgage Association (FNMA)

OTCMKTS: FNMA · Delayed Price · USD
1.400
-0.060 (-4.11%)
Jul 2, 2024, 3:59 PM EDT - Market closed
Market Cap 1.62B
Revenue (ttm) 59.94B
Net Income (ttm) 17.96B
Shares Out 1.16B
EPS (ttm) -0.01
PE Ratio n/a
Forward PE 0.73
Dividend n/a
Ex-Dividend Date n/a
Volume 794,543
Open 1.460
Previous Close 1.460
Day's Range 1.360 - 1.480
52-Week Range 0.430 - 1.990
Beta 1.53
Analysts Buy
Price Target 2.00 (+42.86%)
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]

Sector Financials
Founded 1938
Employees 8,100
Stock Exchange OTCMKTS
Ticker Symbol FNMA
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for FNMA stock is "Buy" and the 12-month stock price forecast is $2.0.

Price Target
$2.0
(42.86% upside)
Analyst Consensus: Buy

News

Fannie Mae Executes its Fifth Credit Insurance Risk Transfer Transaction of 2024 on $8.2 Billion of Single-Family Loans

WASHINGTON, July 1, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed a new Credit Insurance Risk Transfer™ (CIRT™) transaction. CIRT 2024-L3 transferred $337.2 millio...

1 day ago - PRNewsWire

Fannie Mae Issues 2023 Corporate Responsibility and Impact Report

WASHINGTON , July 1, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today released its 2023 Corporate Responsibility and Impact (CRI) Report. The annual report, previously known as the Environmental, S...

1 day ago - PRNewsWire

Fannie Mae Releases May 2024 Monthly Summary

WASHINGTON , June 27, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  May 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to...

5 days ago - PRNewsWire

Unaffordability Expected to Remain Primary Constraint on Home Sales

Rise in Listings Likely Means Many Homeowners No Longer Willing to Delay Moving WASHINGTON , June 21, 2024 /PRNewswire/ -- Affordability constraints continue to limit the number of buyers willing and ...

11 days ago - PRNewsWire

Fannie Mae Executes its Fourth Credit Insurance Risk Transfer Transaction of 2024 on $12.1 Billion of Single-Family Loans

WASHINGTON , June 11, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTC) announced today that it has executed a new Credit Insurance Risk Transfer™ (CIRT™) transaction. CIRT 2024-H2 transferred $284.8 million...

21 days ago - PRNewsWire

Real-Estate Broker Meridian Bulks Up Controls After Fannie, Freddie Blacklist

The broker to New York Community Bancorp hires a risk chief for the first time.

Other symbols: FMCC
25 days ago - WSJ

Homebuying Sentiment Hits New Survey Low

Citing Unaffordability, 86% of Consumers Say It's a Bad Time to Buy a Home WASHINGTON , June 7, 2024 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 2.5 po...

25 days ago - PRNewsWire

Fannie Mae Exceeds $3 Billion in Single-Family Labeled Social Bond Issuance

Social Bond Indicator Provides Insight into Programmatic Social Bond Issuance WASHINGTON , June 6, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) released a new disclosure for its single-family mortgag...

26 days ago - PRNewsWire

Expert Panel Sees Home Price Growth Easing in 2024 and 2025 as Home Listings Trend Upward

Panel Also Expects Mortgage Rates to Close 2024 Near 6.6% WASHINGTON , June 6, 2024 /PRNewswire/ -- Following home price growth of 6.6% in 2023, a panel of housing experts forecasts annual national ho...

26 days ago - PRNewsWire

Fannie Mae Releases April 2024 Monthly Summary

WASHINGTON , May 29, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) April 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to...

4 weeks ago - PRNewsWire

Fannie Mae Prices $708 Million Connecticut Avenue Securities (CAS) REMIC Deal

WASHINGTON , May 23, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R04, an approximately $708 million note offering that represents Fannie Mae's...

5 weeks ago - PRNewsWire

Fannie Mae Announces Winner of Twenty-Fourth Community Impact Pool of Non-Performing Loans

WASHINGTON , May 23, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the winning bidder for its twenty-fourth Community Impact Pool (CIP) of non-performing loans. The transaction is expe...

5 weeks ago - PRNewsWire

Higher Rate Environment Projected to Dampen Housing Activity Through 2024

However, Sharp Decline in Sales Activity Unlikely as Home Listings Surge WASHINGTON , May 21, 2024 /PRNewswire/ -- Housing activity is expected to slow modestly compared to previous projections, if th...

6 weeks ago - PRNewsWire

KBRA Assigns Preliminary Ratings to Fannie Mae's CAS 2024-R04

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 63 classes from Connecticut Avenue Securities, Series 2024-R04 (CAS 2024-R04), a credit risk sharing transaction wi...

6 weeks ago - Business Wire

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...

6 weeks ago - PRNewsWire

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.

7 weeks ago - PRNewsWire

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 ...

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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-...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire