Fannie Mae (FNMA) Releases Quarterly Earnings Results
Fannie Mae (OTCMKTS:FNMA) released its quarterly earnings data on Thursday. The financial services provider reported $0.01 earnings per share for the quarter, Morningstar.com reports. The company had revenue of $5.05 billion for the quarter. Fannie Mae had a net margin of 12.69% and a negative return on equity of 10.77%.
Fannie Mae (FNMA) opened at 2.68 on Friday. The company has a 50-day moving average of $2.45 and a 200-day moving average of $2.86. The firm’s market cap is $15.38 billion. Fannie Mae has a 52 week low of $1.57 and a 52 week high of $5.00.
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About Fannie Mae
Federal National Mortgage Association is a government-sponsored enterprise chartered by Congress. The Company serves as a source of liquidity for purchases of homes and financing of multifamily rental housing, as well as for refinancing existing mortgages. It operates through two segments: Single-Family and Multifamily.
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