Fannie Mae-No Politics (FNMA)

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Federal National Mortgage Association (OTCMKTS:FNMA) Getting Somewhat Favorable Media Coverage, Study Shows

Sunday, July 7th, 2019

Cindy Kellogue

   

News coverage about Federal National Mortgage Association (OTCMKTS:FNMA) has trended somewhat positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Federal National Mortgage Association earned a media sentiment score of 1.15 on their scale. InfoTrie also gave news headlines about the financial services provider an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the next several days.

Shares of Federal National Mortgage Association stocktraded down $0.03 on Friday, reaching $2.80. 1,216,444 shares of the stock were exchanged, compared to its average volume of 3,370,524. Federal National Mortgage Association has a 1-year low of $0.98 and a 1-year high of $3.27. The stock’s fifty day simple moving average is $2.93. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of 4.91 and a beta of 2.26.

Federal National Mortgage Association (OTCMKTS:FNMA) last issued its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $0.01 earnings per share (EPS) for the quarter. Federal National Mortgage Association had a net margin of 11.74% and a negative return on equity of 10.56%. The business had revenue of $4.26 billion for the quarter, compared to analyst estimates of $6.53 billion.
A number of brokerages have recently issued reports on FNMA. Compass Point began coverage on shares of Federal National Mortgage Association in a research note on Thursday, June 20th. They set a “neutral” rating on the stock. B. Riley began coverage on shares of Federal National Mortgage Association in a research note on Friday, April 5th. They set a “neutral” rating and a $2.50 price target on the stock.


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