Freddie Mac (OTCMKTS:FMCC – Get Free Report) saw strong trading volume on Thursday . 4,162,079 shares were traded during trading, an increase of 47% from the previous session’s volume of 2,837,870 shares.The stock last traded at $3.77 and had previously closed at $4.06.
Key Freddie Mac News
Here are the key news stories impacting Freddie Mac this week:
- Positive Sentiment: Bill Ackman has been directly lobbying administration officials on a plan for Fannie Mae and Freddie Mac, reviving investor hopes that meaningful reform — and eventually privatization or an IPO pathway — could advance. That policy optimism likely supported FMCC demand. Ackman Pitches Washington on Fannie, Freddie Plan. Why a Deal Isn’t a Sure Bet.
- Neutral Sentiment: Market commentary and headlines singled out Fannie/Freddie among movers today, increasing investor attention and trading activity in the names without changing the underlying policy uncertainty. Stock Movers: Fannie-Freddie, Micron, Darden
- Neutral Sentiment: Broader mortgage-market pressure — exemplified by lender share moves — is being driven by rising Treasury yields and higher mortgage rates, which affects lender earnings and origination volumes but is an indirect signal for FMCC equity. Rocket Companies shares slide as rising Treasury yields push mortgage rates higher and weigh on lenders
- Negative Sentiment: Freddie Mac’s own Primary Mortgage Market Survey showed the average 30-year fixed mortgage at 6.22%, a rise that typically hurts refinance activity and housing affordability — headwinds for mortgage volumes and related revenues across the sector. Average 30-Year-Fixed-Rate Mortgage at 6.22%
- Negative Sentiment: Separate coverage notes investor skepticism about IPO plans and points to selling pressure that has pushed Fannie and Freddie shares toward 52-week lows, a reminder that policy obstacles and execution risk remain significant. Fannie Mae, Freddie Mac hit 52-week low as investors reportedly doubt IPO plans
Wall Street Analyst Weigh In
FMCC has been the subject of several research reports. Zacks Research raised shares of Freddie Mac to a “hold” rating in a research report on Monday, December 15th. Keefe, Bruyette & Woods cut their target price on shares of Freddie Mac from $11.00 to $9.00 and set an “underperform” rating for the company in a research report on Thursday, December 18th. BTIG Research initiated coverage on shares of Freddie Mac in a report on Monday, January 26th. They set a “buy” rating and a $20.00 target price for the company. Finally, Wedbush upgraded shares of Freddie Mac from an “underperform” rating to an “outperform” rating and set a $13.35 price target on the stock in a research report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $16.84.
Freddie Mac Stock Performance
The stock has a 50-day moving average price of $6.89 and a two-hundred day moving average price of $9.39. The stock has a market capitalization of $3.19 billion, a PE ratio of -245.50 and a beta of 1.83.
Freddie Mac Company Profile
Freddie Mac (OTCMKTS:FMCC), officially the Federal Home Loan Mortgage Corporation, is a government-sponsored enterprise chartered by Congress in 1970 to enhance liquidity and stability in the U.S. housing finance system. Headquartered in McLean, Virginia, the company operates under the supervision of the Federal Housing Finance Agency (FHFA) and carries a congressional mandate to support affordable, sustainable homeownership and rental housing markets nationwide.
The company’s primary business activities involve purchasing mortgage loans from approved lenders, pooling them into mortgage-backed securities (MBS), and guaranteeing the timely payment of principal and interest to investors.
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