Fannie Mae (OTCMKTS:FNMA) Now Covered by Wedbush

Investment analysts at Wedbush began coverage on shares of Fannie Mae (OTCMKTS:FNMA) in a report issued on Thursday, Marketbeat Ratings reports. The firm set a “hold” rating and a $3.50 price target on the financial services provider’s stock. Wedbush‘s target price would suggest a potential downside of 15.66% from the stock’s current price.

Several other research analysts have also issued reports on the company. B. Riley Financial dropped their target price on Fannie Mae from $8.00 to $7.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Mizuho set a $5.00 target price on shares of Fannie Mae and gave the company a “neutral” rating in a research report on Monday, October 12th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of Fannie Mae from $6.25 to $3.50 and set an “underperform” rating on the stock in a research report on Monday, September 28th. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $7.80.

Fannie Mae Trading Down 3.3%

OTCMKTS FNMA traded down $0.14 during mid-day trading on Thursday, reaching $4.15. 7,409,217 shares of the company’s stock traded hands, compared to its average volume of 5,337,627. Fannie Mae has a 1-year low of $2.96 and a 1-year high of $12.39. The company has a market cap of $4.81 billion, a price-to-earnings ratio of 103.78 and a beta of 1.68. The company has a fifty day simple moving average of $4.94 and a 200-day simple moving average of $6.56.

Fannie Mae (OTCMKTS:FNMA) last announced its earnings results on Wednesday, October 28th. The financial services provider reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.06. Fannie Mae had a net margin of 4.59% and a negative return on equity of 76.66%. Equities research analysts forecast that Fannie Mae will post 2.63 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Fannie Mae

An institutional investor recently bought a new stake in Fannie Mae stock. Hennessy Advisors Inc. acquired a new stake in Fannie Mae (OTCMKTS:FNMA) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 30,000 shares of the financial services provider’s stock, valued at approximately $195,000. 0.02% of the stock is owned by institutional investors and hedge funds.

Key Fannie Mae News

Here are the key news stories impacting Fannie Mae this week:

• Positive Sentiment: Fannie Mae reported third-quarter net income of approximately $4.2 billion, up from $4.0 billion in the second quarter, while net revenue increased to $7.7 billion. The company also provided $103 billion in mortgage-market liquidity and supported nearly 103,000 first-time homebuyers. Fannie Mae Reports Net Income of $4.2 Billion for Third Quarter 2026
• Positive Sentiment: Reported quarterly earnings of $0.72 per share exceeded the $0.66 consensus estimate and improved from $0.65 a year earlier, providing a near-term earnings catalyst. Fannie Mae Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Net worth rose to $119.6 billion from $116.5 billion in the prior quarter, suggesting continued capital accumulation and balance-sheet strengthening. Fannie Mae Earns $4.2 Billion in Third-Quarter 2026 Net Income
• Neutral Sentiment: Fannie Mae updated its artificial-intelligence and cybersecurity requirements. The changes may improve operational and data-security controls but could also increase compliance and technology costs. Fannie Mae Posts Updates to Its AI and Cybersecurity Requirements
• Negative Sentiment: Provision for credit losses jumped to $1.1 billion from $485 million in the second quarter, highlighting increased concerns about mortgage-credit conditions and offsetting some of the benefit from higher interest income. Fannie Mae Q3 Net Income and Revenue Rise
• Negative Sentiment: A Wall Street analyst rating of “Reduce” and warnings about a potential $1.8 trillion debt burden among landlords are adding to investor caution around the housing and mortgage markets. Fannie Mae Stock Rated Reduce

Fannie Mae Company Profile

Fannie Mae, formally known as the Federal National Mortgage Association, is a government-sponsored enterprise that supports the U.S. housing finance system. It operates in the secondary mortgage market, purchasing qualifying residential mortgage loans from approved lenders and helping provide liquidity so those lenders can continue offering mortgage financing to homebuyers and homeowners.

Fannie Mae finances its activities primarily by issuing debt and mortgage-backed securities. It also guarantees certain mortgage-backed securities, helping connect mortgage lenders with institutional investors.