Fannie Mae (FNM:NYSE)
Snapshot of Fannie Mae (FNM)
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OPEN
$1.01
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PREVIOUS CLOSE
$1.03
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DAY HIGH
$1.02
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DAY LOW
$1.00
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52 WEEK HIGH
08/25/09 - $2.13
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52 WEEK LOW
11/21/08 - $0.30
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MARKET CAP
1.1B
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AVERAGE VOLUME 3 mo
25.4M
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DILUTED EPS TTM
$-14.62
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SHARES OUTSTANDING
1.1B
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FNM Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | |||
BUSINESS EXCHANGE RELATED TOPICFannie Mae and Freddie Mac | |||
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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
Key developments for Fannie Mae (FNM)
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 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).
Stock Quotes
| 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 |
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FNM |
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FNM transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
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