B. Riley Financial Issues Pessimistic Forecast for Fannie Mae (OTCMKTS:FNMA) Stock Price

Fannie Mae (OTCMKTS:FNMA) had its price objective dropped by B. Riley Financial from $8.00 to $7.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. B. Riley Financial’s price objective points to a potential upside of 16.92% from the stock’s previous close.

Several other brokerages also recently issued reports on FNMA. Wedbush reaffirmed a “neutral” rating and issued a $8.00 price objective on shares of Fannie Mae in a research report on Thursday. Keefe, Bruyette & Woods lowered their price objective on shares of Fannie Mae from $10.00 to $8.50 and set an “underperform” rating for the company in a research report on Monday, April 20th. BTIG Research downgraded shares of Fannie Mae from a “buy” rating to a “neutral” rating in a report on Tuesday, June 16th. Zacks Research upgraded Fannie Mae from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Mizuho initiated coverage on shares of Fannie Mae in a report on Monday, May 4th. They issued an “outperform” rating and a $10.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $12.25.

Fannie Mae Trading Up 0.5%

Shares of Fannie Mae stock traded up $0.03 during mid-day trading on Thursday, hitting $5.99. 780,468 shares of the stock were exchanged, compared to its average volume of 5,751,653. The stock has a market capitalization of $6.93 billion, a price-to-earnings ratio of 599.30 and a beta of 1.62. Fannie Mae has a twelve month low of $3.60 and a twelve month high of $15.99. The company has a 50-day simple moving average of $6.49 and a 200 day simple moving average of $7.18.

Fannie Mae (OTCMKTS:FNMA) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.05. Fannie Mae had a net margin of 4.53% and a negative return on equity of 65.94%. The business had revenue of $7.57 billion for the quarter, compared to the consensus estimate of $7.32 billion. Equities research analysts forecast that Fannie Mae will post 2.57 earnings per share for the current fiscal year.

Key Fannie Mae News

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

• Positive Sentiment: Strong second-quarter performance: Fannie Mae reported $4.0 billion in net income, up from $3.7 billion in the first quarter and $3.3 billion a year earlier. Net revenue rose 4% year over year to $7.565 billion, marking the company’s 34th consecutive profitable quarter. Fannie Mae Reports Net Income of $4.0 Billion for Second Quarter 2026
• Positive Sentiment: Earnings and revenue exceeded expectations: Reported quarterly earnings of $0.68 per share topped the $0.63 consensus estimate, while revenue of $7.57 billion exceeded the $7.32 billion forecast. Earnings also increased from $0.57 per share a year earlier. Fannie Mae Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Improved capital position and housing support: Net worth reached approximately $116.5 billion, while the company provided $125 billion of mortgage-market liquidity during the quarter and supported roughly 417,000 housing and rental transactions. Fannie Mae Earns $4.0 Billion in Second Quarter 2026
• Neutral Sentiment: Wedbush maintained a Neutral rating but set an $8.00 price target, implying substantial potential upside from the reference price. The unchanged rating suggests analysts see valuation or policy risks despite the target. Benzinga analyst rating report
• Neutral Sentiment: An Associa webinar drew more than 1,500 attendees to discuss updated Fannie Mae reserve requirements, highlighting continued industry attention to the company’s housing-finance rules. The direct financial impact was not specified. Associa Webinar on Updated Fannie Mae Reserve Requirements
• Negative Sentiment: Policy uncertainty remains a risk: Bill Pulte is set to oversee Fannie Mae and Freddie Mac again, keeping potential changes to the companies’ structure, regulation, or conservatorship status in focus. The uncertainty may limit the market’s response to otherwise strong earnings. Bill Pulte to Oversee Fannie and Freddie Again

Fannie Mae Company Profile

The Federal National Mortgage Association, commonly known as Fannie Mae (OTCMKTS:FNMA), is a government-sponsored enterprise established by Congress in 1938 as part of the New Deal to support the U.S. housing market. Headquartered in Washington, DC, Fannie Mae’s mission is to promote liquidity, stability and affordability in the mortgage market. The company operates by purchasing residential mortgage loans from financial institutions, pooling them into mortgage-backed securities (MBS), and providing guarantees to investors against borrower default.

In its core business, Fannie Mae works with mortgage lenders across the United States—including banks, credit unions and mortgage finance companies—to ensure a steady flow of capital for homebuyers and homeowners seeking refinancing.