Federal National Mortgage Association

FNMA

US3135861090

Banks

Market Closed - OTC Markets Other stock markets 03:59:21 2024-04-26 pm EDT			5-day change	1st Jan Change
1.46 ^USD	+0.34%		+8.96%	+36.45%

Apr. 22	Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes	CI
Apr. 18	US existing home sales drop in March; median price increases	RE

Federal National Mortgage Association Reports Earnings Results for the Full Year Ended December 31, 2023

February 15, 2024 at 07:23 am EST

Federal National Mortgage Association reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net income was USD 17,408 million compared to USD 12,923 million a year ago.

Latest news about Federal National Mortgage Association

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes	Apr. 22	CI
US existing home sales drop in March; median price increases	Apr. 18	RE
VRMTG ACQ, LLC completed the acquisition of Non-Performing Loans of Federal National Mortgage Association.	Apr. 08	CI
GITSIT Solutions, LLC won the bid for Twenty-third Community Impact Pool of non-performing loans. from Federal National Mortgage Association .	Mar. 25	CI
VRMTG ACQ, LLC won the bid to acquire Non-Performing Loans of Federal National Mortgage Association.	Mar. 11	CI
An unknown buyer win the bid to acquire Non-Performing Loans of Federal National Mortgage Association.	Mar. 11	CI
US Treasury to ease rules on COVID aid to boost affordable housing supply	Mar. 05	RE
Federal National Mortgage Association Appoints Peter Akwaboah as Executive Vice President and Chief Operating Officer, Effective May 20, 2024	Feb. 22	CI
Transcript : Federal National Mortgage Association, Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
Federal National Mortgage Association Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 15	CI
Federal National Mortgage Association Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Keefe, Bruyette & Woods Upgrades Federal National Mortgage to Market Perform From Underperform, Raises Price Target to $1.25 From $1	Jan. 18	MT
Fannie Mae Announces Leadership Changes	Nov. 14	CI
Rcaf Loan Acquisition, Lp was the winning bidder to acquire 1,473 Loans Totaling $208.8 Million in Unpaid Principal Balance of Fannie Mae.	Nov. 06	CI
Transcript : Federal National Mortgage Association, Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Federal National Mortgage Association Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-31	CI
Federal National Mortgage Association Announces Results of Tender Offer for Any and All of Certain Cas Notes	23-10-17	CI
Fannie Mae Announces Tender Offer for Any and All of Certain Cas Notes	23-10-10	CI
Pacific Investment Management Company LLC was the winning bidder to acquire 2,016 Loans Totaling $412.3 Million in Unpaid Principal Balance from Federal National Mortgage Association.	23-09-13	CI
Fitch downgrades Fannie Mae, Freddie Mac after US rating cut	23-08-02	RE
Transcript : Federal National Mortgage Association, Q2 2023 Earnings Call, Aug 01, 2023	23-08-01
Federal National Mortgage Association Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-01	CI
Fannie Mae Prices $766 Million Connecticut Avenue Securities REMIC Deal	23-07-20	CI
Fannie Mae Appoints Chetlur S. Ragavan as Director and the Risk Policy and Capital Committee and Nominating and Corporate Governance Committee Member	23-06-06	CI
Fitch puts Fannie Mae, Freddie Mac on negative watch as US debt deadline looms	23-05-25	RE

Chart Federal National Mortgage Association

Duration

Period

Chart Federal National Mortgage Association

More charts

Company Profile

Federal National Mortgage Association is engaged in providing a source of financing for residential mortgages in the United States. The Company is a government-sponsored, stockholder-owned corporation, chartered by Congress to provide liquidity and stability to the United States housing market. Its segments include Single-Family and Multifamily. The Single-Family business operates in the secondary mortgage market relating to loans secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating to loans secured by properties containing five or more residential units. It engages in three categories of mortgage securitization transactions: lender swap transactions, portfolio securitization transactions, and structured securitization transactions. It funds its business through the issuance of short-term and long-term debt securities in the domestic and international capital markets.

Sector

Banks

Calendar

2024-04-29 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.46 USD

Average target price

2 USD

Spread / Average Target

+36.99%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Retail & Mortgage Banks

	1st Jan change	Capi.
FEDERAL NATIONAL MORTGAGE ASSOCIATION	+36.45%	8.38B
AL RAJHI BANKING AND INVESTMENT CORPORATION	-10.40%	82.67B
FIRSTRAND LIMITED	-13.56%	18.91B
CAPITEC BANK HOLDINGS LIMITED	+10.53%	13.78B
ABSA GROUP LIMITED	-13.66%	6.22B
PENNYMAC FINANCIAL SERVICES, INC.	-1.55%	4.43B
LIC HOUSING FINANCE LIMITED	+23.36%	4.36B
WALKER & DUNLOP, INC.	-16.03%	3.13B
WSFS FINANCIAL CORPORATION	-6.71%	2.57B
CATHAY GENERAL BANCORP	-21.38%	2.55B

Retail & Mortgage Banks