Federal National Mortgage Association
OTC:FNMA
Intrinsic Value
Federal National Mortgage Association is a government-sponsored company. [ Read More ]
The intrinsic value of one FNMA stock under the Base Case scenario is 309.77 USD. Compared to the current market price of 1.57 USD, Federal National Mortgage Association is Undervalued by 99%.
Fundamental Analysis
Fannie Mae's Strong 2023 Performance amid Rate Hikes
2023-Q4 Earnings Call
In 2023, Fannie Mae reported a robust net income of $17.4 billion, up from $12.9 billion in 2022, attributable to the release of credit reserves driven by higher home prices. The economy remained resilient with GDP growth at 3.1% and inflation cooling to 3.2% from 7.1% the previous year, partly due to a rate hike by the Fed. Mortgage rates peaked at nearly 8%, contributing to a 37% drop in single-family mortgage originations and further straining a housing market already tight on supply. Despite this, home prices went up by 7.1%, defying expectations. Fannie Mae supported 1.5 million households in their housing needs, including over 380,000 first-time homebuyers and 189,000 low and very low-income households. Innovative credit initiatives helped approximately 28,000 renters build credit scores, and housing valuation modernization saved borrowers an estimated $52 million upfront.
Balance Sheet Decomposition
Federal National Mortgage Association
Current Assets | 35.8B |
Cash & Short-Term Investments | 35.8B |
Non-Current Assets | 4.3T |
Long-Term Investments | 83.8B |
Other Non-Current Assets | 4.2T |
Current Liabilities | 10.9B |
Accrued Liabilities | 10.9B |
Non-Current Liabilities | 4.2T |
Long-Term Debt | 4.2T |
Other Non-Current Liabilities | 14.1B |
Earnings Waterfall
Federal National Mortgage Association
Revenue
|
139.3B
USD
|
Cost of Revenue
|
-113.7B
USD
|
Gross Profit
|
25.6B
USD
|
Operating Expenses
|
-4.9B
USD
|
Operating Income
|
20.7B
USD
|
Other Expenses
|
-20.7B
USD
|
Net Income
|
3m
USD
|
Free Cash Flow Analysis
Federal National Mortgage Association
What is Free Cash Flow?
FNMA Profitability Score
Profitability Due Diligence
Federal National Mortgage Association's profitability score is 48/100. The higher the profitability score, the more profitable the company is.
Score
Federal National Mortgage Association's profitability score is 48/100. The higher the profitability score, the more profitable the company is.
FNMA Solvency Score
Solvency Due Diligence
Federal National Mortgage Association's solvency score is 20/100. The higher the solvency score, the more solvent the company is.
Score
Federal National Mortgage Association's solvency score is 20/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
FNMA Price Targets Summary
Federal National Mortgage Association
According to Wall Street analysts, the average 1-year price target for FNMA is 2.04 USD with a low forecast of 2.02 USD and a high forecast of 2.1 USD.
Ownership
FNMA Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
FNMA Price
Federal National Mortgage Association
Average Annual Return | -30.41% |
Standard Deviation of Annual Returns | 35.79% |
Max Drawdown | -91% |
Market Capitalization | 1.8B USD |
Shares Outstanding | 1 158 089 984 |
Percentage of Shares Shorted | 11.7% |
FNMA News
Last Important Events
Federal National Mortgage Association
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Federal National Mortgage Association
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Federal National Mortgage Association is a government-sponsored company. The company is headquartered in Washington, Washington Dc and currently employs 7,400 full-time employees. The firm operates through two segments: Single-Family and Multifamily. The Single-Family segment operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily segment operates in the secondary mortgage market relating primarily to multifamily mortgage loans, which are secured by properties containing five or more residential units. The firm funds its business primarily through the issuance of short-term and long-term debt securities in the domestic and international capital markets. Its geographical distribution includes California, Florida, Illinois, New Jersey and New York.