Federal National Mortgage Association (OTCMKTS:FNMA – Get Free Report) is scheduled to post its quarterly earnings results on Tuesday, April 30th.
Federal National Mortgage Association Stock Up 0.3 %
Shares of FNMA opened at $1.46 on Monday. The firm’s 50 day moving average is $1.48 and its 200-day moving average is $1.11. Federal National Mortgage Association has a 12-month low of $0.42 and a 12-month high of $1.99.
Analysts Set New Price Targets
Separately, Keefe, Bruyette & Woods upgraded Federal National Mortgage Association from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $1.25 to $2.00 in a research report on Monday, February 26th.
Federal National Mortgage Association Company Profile
Federal National Mortgage Association provides financing solutions for mortgages in the United States. It operates through two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S.
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