Replies to post #735426 on Fannie Mae-No Politics (FNMA)

[Rodney5]

$227.22 per share

Fannie Mae
07/29/2022
Reports $4.7 Billion for Second Quarter 2022

EARNINGS POWER OF THE BUSINESS
Fannie Mae’s common stock outstanding 1,158,087,567

Fannie Mae’s net earnings $4.7 billion per quarter, a projection of $18.8 billion net per year.

$18.8 billion net / 1,158,087,567 = $16.23 per share of earnings,

PE Ratio of 14 x $16.23 = $227.22 per share intrinsic value,