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Monday, March 4, 2024

Fannie Mae Earnings Primer: Value Investors Stay Away (OTCMKTS:FNMA)

Fannie Mae Earnings Primer: Value Investors Stay Away (OTCMKTS:FNMA)


Alex Wong

What to do with Fannie Mae (OTCQB:FNMA) stock? At present, FNMA is selling at $1.07, or a $6 billion market cap. Yet the company is on track to earn something like $17 billion this year. The problem of course is that a federal government



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