Replies to post #328688 on Fannie Mae-No Politics (FNMA)

[brandemarcus]

Yahoo finance uses fully diluted shares so his 1.8 number is about 9 billion a year for fnma based on 5.5 billion shares outstanding. That's consistent with the past earnings. Why else would earnings decline to 1/5 of past earnings?

[bradford86]

you don't understand that their eps estimates are on fully diluted (exercised warrants) share counts

i can never tell if you're trolling or not.

i've read that you're some other guy that is i don't remember

[mikoli007]

Yep, just making more post that do not mean anything. Delaware court will decide. Taking it to the American citizens.

[5bagger]

"Combined $20 billion annually"

http://www.washingtontimes.com/news/2014/sep/2/glassman-fannie-and-freddie-no-longer-invalids/?page=all


"If Fannie and Freddie earn a combined $20 billion annually (a conservative estimate), then, at a modest price-to-earning ratio of 13 (compared with an average of 15 for the three largest U.S. banks)"


http://www.housingwire.com/articles/33256-urban-institute-are-the-gses-still-profitable


Without DTA in 2015, profits were $14B (FNMA) and $8B (FMCC)

"Fannie Mae and Freddie Mac posted incredible profit in 2013, bringing in $84 billion and $49 billion, respectively. But in a drastic downturn, both government-sponsored enterprises' net earnings fell by over 80% in 2014, falling to $14 billion and $8 billion, respectively, according to Urban Institute Senior Fellow Jim Parrott’s new report on “What to make of the dramatic fall in GSE profits.” "




And, as I said before, your "one investment analyst" is the same one that thas bashed GSEs for years and has now moved on... so, who is your source?

Better than Glassman?
Better than 14 and 8 combined last year and now it goes to 2?

Wanna bet?