BusinessWeek Logo
November 21, 2009 11:59 PM ET

Fannie Mae (FNM:NYSE)

LAST $1.02 USD
CHANGE TODAY -0.01 -0.97%
VOLUME 7.5M
As of 4:02 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Fannie Mae (FNM)

OPEN
$1.01
PREVIOUS CLOSE
$1.03
DAY HIGH
$1.02
DAY LOW
$1.00
52 WEEK HIGH
08/25/09 - $2.13
52 WEEK LOW
11/21/08 - $0.30
MARKET CAP
1.1B
AVERAGE VOLUME 3 mo
25.4M
DILUTED EPS TTM
$-14.62
SHARES OUTSTANDING
1.1B
FNM Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions
BUSINESS EXCHANGE RELATED TOPICFannie Mae and Freddie Mac

related business week news

Wall Street analysts give their buy, sell, or hold views on various stocks in the news this week

Plus Wall Street analyst opinions on Blue Nile, W&T Offshore, Vanguard Natural Resources, and Continental Resources

Wall Street analysts give their buy, sell, or hold views on 10 stocks in the news this week

Wall Street analysts give their buy, sell, or hold views on 10 stocks in the news this week

View More BusinessWeek News

related news

View More Related News

FNM Details

Fannie Mae, a government-sponsored enterprise, provides liquidity and stability support in the secondary mortgage market in the United States. It securitizes mortgage loans originated by lenders in the primary mortgage market into mortgage-backed securities, which are bought and sold in the secondary mortgage market. The company operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets. The Single-Family Credit Guaranty segment securitizes single-family mortgage loans into Fannie Mae mortgage-backed securities (MBS) and facilitates the purchase of single-family mortgage loans for the company’s mortgage portfolio. The Housing and Community Development segment securitizes multifamily mortgage loans into Fannie Mae MBS and facilitates the purchase of multifamily mortgage loans for the company’s mortgage portfolio. This segment also invests in rental and for-sale housing projects. The Capital Markets segment manages the company’s investment activity in mortgage loans, mortgage-related securities, debt financing activity, and liquidity and capital positions. The company’s customers include mortgage banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, insurance companies, and state and local housing finance agencies. Fannie Mae was founded in 1938 and is based in Washington, the District of Columbia.

FNM Top Compensated Officers

Chief Executive Officer, President, Director ...
Age: 51
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice Pr...
Age: 48
Total Annual Compensation: $48.1K
Executive Vice President of Housing & Communi...
Age: 54
Total Annual Compensation: $1.2M
Deputy Chief Financial Officer and Executive ...
Age: 49
Total Annual Compensation: $1.1M
Senior Advisor
Age: 53
Total Annual Compensation: $788.0K
Compensation as of Fiscal Year 2008.

Key developments for Fannie Mae (FNM)

Fannie Mae Announces Redemption of Securities

Fannie Mae will redeem the principal amount of $10,000,000, MTN 3.130% securities with maturity date of December 10, 2013 on November 23, 2009 at a redemption price equal to 100% of the principal amount redeemed, plus accrued interest thereon to the date of redemption. The company will redeem the principal amount of $25,000,000, MTN 2.000% securities with maturity date of May 23, 2014 on November 23, 2009 at a redemption price equal to 100% of the principal amount redeemed, plus accrued interest thereon to the date of redemption. The company will redeem the principal amount of $50,000,000, MTN 3.500% securities with maturity date of June 25, 2014 on November 23, 2009 at a redemption price equal to 100% of the principal amount redeemed, plus accrued interest thereon to the date of redemption. The company will redeem the principal amount of $165,000,000, MTN 0.907% securities with maturity date of November 24, 2010 on November 24, 2009 at a redemption price equal to 100% of the principal amount redeemed, plus accrued interest thereon to the date of redemption. The company will redeem the principal amount of $50,000,000, MTNR 4.000% securities with maturity date of August 25, 2014 on November 25, 2009 at a redemption price equal to 100% of the principal amount redeemed, plus accrued interest thereon to the date of redemption.

Fannie Mae Announces Redemption of Securities

Fannie Mae Redemption will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100% of the principal amount redeemed, plus accrued interest thereon to the date of redemption. The company will redeem $25,000,000 MTN 3.580% with maturity date of November 16, 2011on November 16, 2009, $400,000,000 MTN 4.780% with maturity date on November 16, 2012 on November 16, 2009, $500,000,000 MTN 1.500% with maturity dated of August 17, 2011on November 17, 2009, $100,000,000 MTN 3.500% with maturity date of November 17, 2011 on November 17, 2009, $25,000,000 MTN 2.000% with maturity date of February 17, 2012 on November 17, 2009, $250,000,000 MTN 5.500% with maturity date of November 17, 2016 on November 17, 2009, $130,000,000 MTN 6.000% with maturity date of November 17, 2023 on November 17, 2009, $200,000,000 MTN 1.000% with maturity date of May 18, 2011 on November 18, 2009, $100,000,000 MTN 1.125% with maturity date of November 18, 2011 on November 18, 2009, $100,000,000 MTN 1.250% with maturity date of November 18, 2011 on November 18, 2009, $150,000,000 MTN 1.750% with maturity date of November 18, 2011 on November 18, 2009, $50,000,000 MTN 1.750% with maturity date of November 18, 2011 on November 18, 2009, $25,000,000 MTN 1.500% with maturity date of May 18, 2012 on November 18, 2009, $30,000,000 MTN 2.250% with maturity date of May 18, 2012 on November 18, 2009, $25,000,000 MTN 2.625% with maturity date of May 18, 2012 on November 18, 2009, $10,000,000 MTN 3.500% with maturity date of November 18, on November 18, 2009.

Fannie Mae expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).

Fannie Mae expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).

Stock Quotes

Company Lookup
Recently Viewed
FNM $1.02 USD -0.01
IPG $6.83 USD +0.06
GD $66.47 USD +0.09
FRE $1.14 USD -0.02
FDX $81.78 USD -0.70

Market data is delayed at least 20 minutes.

FNM Competitors

Company Last Change
Arrow Financial Corp $25.37 USD +0.36
Capitol Federal Financial $29.57 USD -0.04
Centerline Holding Co $0.17 USD +0.01
The PMI Group Inc $2.12 USD -0.02
Redwood Trust Inc $14.26 USD +0.44
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation FNM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales NM Not Meaningful
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 13.3x

FNM

 | 

FNM transactions

Type
Date
Target
No transactions in the last 6 months.

Companies Toolbox

Company Tools
Investing Tools



Close Recommend A Data Enhancement Or Correction

For Fannie Mae (FNM) Snapshot

Submitting this data update / error report instantly puts the correct information in the hands of our researcher, who will investigate your report and, if necessary, make the changes to the company profile. Be sure to fill out the form completely.

Required Information Missing - Please enter your information in the following field(s):
DATA TO BE REVIEWED
Page Section*

Please indicate in which section the error appears. Section headers are in light gray type at the top of each CIC page module.

Data Point*

Please indicate which data is in error.

CONTACT INFORMATION

Please provide your name and email address in case our researchers need to get in touch with you as they investigate the error.

Your Name*
Your E-Mail Address*
YOUR RECOMMENDATION

Describe why you feel the data point is incorrect and indicate sources our researchers should check when they investigate the error.

Cancel Submit
You can drag this form within your browser window.

Thank you for submitting your information. We investigate data update requests and error reports as quickly as possible. Since some are easier to investigate than others, please be patient as we perform our research; it could take several weeks, depending on the nature of the error and whether your company is public or private.

You can drag this form within your browser window.