Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.01
OTCBB:FNMA's Cash to Debt is ranked lower than
55% of the 1551 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.48 vs. OTCBB:FNMA: 0.01 )
OTCBB:FNMA' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.01

Interest Coverage 0.41
OTCBB:FNMA's Interest Coverage is ranked higher than
52% of the 1825 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.27 vs. OTCBB:FNMA: 0.41 )
OTCBB:FNMA' s 10-Year Interest Coverage Range
Min: 0.11   Max: 0.41
Current: 0.41

0.11
0.41
F-Score: 4
Z-Score: 0.08
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 101.27
OTCBB:FNMA's Operating margin (%) is ranked higher than
99% of the 2006 Companies
in the Global Specialty Finance industry.

( Industry Median: 29.16 vs. OTCBB:FNMA: 101.27 )
OTCBB:FNMA' s 10-Year Operating margin (%) Range
Min: -1730.02   Max: 126.24
Current: 101.27

-1730.02
126.24
Net-margin (%) 71.80
OTCBB:FNMA's Net-margin (%) is ranked higher than
98% of the 2006 Companies
in the Global Specialty Finance industry.

( Industry Median: 21.42 vs. OTCBB:FNMA: 71.80 )
OTCBB:FNMA' s 10-Year Net-margin (%) Range
Min: -1705.43   Max: 274.83
Current: 71.8

-1705.43
274.83
ROE (%) 232.82
OTCBB:FNMA's ROE (%) is ranked higher than
100% of the 2016 Companies
in the Global Specialty Finance industry.

( Industry Median: 8.57 vs. OTCBB:FNMA: 232.82 )
OTCBB:FNMA' s 10-Year ROE (%) Range
Min: -409.15   Max: 1346.15
Current: 232.82

-409.15
1346.15
ROA (%) 0.60
OTCBB:FNMA's ROA (%) is ranked higher than
66% of the 2019 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.80 vs. OTCBB:FNMA: 0.60 )
OTCBB:FNMA' s 10-Year ROA (%) Range
Min: -8.08   Max: 2.59
Current: 0.6

-8.08
2.59
ROC (Joel Greenblatt) (%) 235.86
OTCBB:FNMA's ROC (Joel Greenblatt) (%) is ranked higher than
91% of the 1989 Companies
in the Global Specialty Finance industry.

( Industry Median: 76.96 vs. OTCBB:FNMA: 235.86 )
OTCBB:FNMA' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -27.93   Max: 348.86
Current: 235.86

-27.93
348.86
Revenue Growth (%) 23.70
OTCBB:FNMA's Revenue Growth (%) is ranked higher than
97% of the 1727 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.00 vs. OTCBB:FNMA: 23.70 )
OTCBB:FNMA' s 10-Year Revenue Growth (%) Range
Min: -55.7   Max: 64.9
Current: 23.7

-55.7
64.9
EPS Growth (%) -59.70
OTCBB:FNMA's EPS Growth (%) is ranked higher than
52% of the 1545 Companies
in the Global Specialty Finance industry.

( Industry Median: 8.90 vs. OTCBB:FNMA: -59.70 )
OTCBB:FNMA' s 10-Year EPS Growth (%) Range
Min: -59.7   Max: 22.6
Current: -59.7

-59.7
22.6
» OTCBB:FNMA's 10-Y Financials

Financials


» Details

Guru Trades

Q4 2013

FNMA Guru Trades in Q4 2013

Bruce Berkowitz 25,990,900 sh (New)
Fairholme Fund 20,485,300 sh (New)
» More
Q1 2014

FNMA Guru Trades in Q1 2014

Fairholme Fund 20,485,300 sh (unchged)
Bruce Berkowitz 19,162,900 sh (-26.27%)
» More
Q2 2014

FNMA Guru Trades in Q2 2014

Bruce Berkowitz 20,645,300 sh (+7.74%)
Fairholme Fund 13,657,300 sh (-33.33%)
» More
Q3 2014

FNMA Guru Trades in Q3 2014

Fairholme Fund 13,657,300 sh (unchged)
Bruce Berkowitz Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with OTCBB:FNMA

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Bruce Berkowitz 2014-09-30 Sold Out 0.81%$2.88 - $4.45 $ 2.45-36%0
Bruce Berkowitz 2014-03-31 Reduce -26.27%0.21%$2.83 - $5.82 $ 2.45-30%19162900
Bruce Berkowitz 2013-12-31 New Buy0.81%$1.48 - $3.3 $ 2.452%25990900
Richard Pzena 2012-06-30 Sold Out $0.25 - $0.32 $ 2.45807%0
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Fannie Mae

SymbolPriceYieldDescription
FNMAT5.840.00
FNMAI3.370.00
FNMFM6.000.005.10 % Pfd Shs Series -E-
FNMAL6.300.004.75% NonCumulative Preferred Stock, Series M
FNMAP6.580.00Variable Rate NonCumulative Preferred Stock, Series F
FNMAG6.550.005.375% NonCumulative Preferred Stock, Series I
FNMAM6.430.005.81% NonCumulative Preferred Stock, Series H
FNMFN6.600.00
FNMAH3.350.00
FNMAJ3.620.00
FNMAS4.400.00
FNMAO6.320.00Variable Rate NonCumulative Preferred Stock, Series G
FDDXD20.040.00

Guru Investment Theses on Fannie Mae

Bruce Berkowitz Comments on Fannie Mae and Freddie Mac - Feb 10, 2014

Two of our best performers during the period were Fannie Mae (FNMA) and Freddie Mac. Both are absolutely essential for uniquely- a merican, affordable mortgages. If you disagree, try getting a 30-year, sub-5% mortgage outside of the United States. In 2008, both companies agreed to U.S. conservatorship and extraordinarily harsh terms and conditions during a time of global crisis. The plan worked. Fannie and Freddie saved the day, repaid nearly every penny of cash received from the u . s . Treasury, and can look forward to resuming a prosperous future based just on the aging of assets held. However, many believe Fannie and Freddie will be victims of a government-sponsored expropriation that brings our country closer to a future conceived by George Orwell in his novel, 1984 . We disagree



From Bruce Berkowitz (Trades, Portfolio)'s fourth quarter shareholder letter.

Check out Bruce Berkowitz latest stock trades

Top Ranked Articles about Fannie Mae

Bruce Berkowitz Comments on Fannie Mae and Freddie Mac
Fannie Mae (FNMA) and Freddie Mac (FMCC) preferred stocks and common shares constitute approximately 15% of the Fund’s portfolio. We believe that the two companies may be the most important financial institutions in the United States – perhaps the world – and directly support housing affordability and accessibility, including the uniquely American 30-year fixed-rate mortgage. They are a major reason why our country did not enter a second Great Depression, and are proving to be the most successful taxpayer investments of the Great Recession. Read more...
Carl Icahn Buys Fannie Mae, Freddie Mac from Bruce Berkowitz
In the pattern of Bruce Berkowitz (Trades, Portfolio), Bill Ackman (Trades, Portfolio) and Richard Perry (Trades, Portfolio), corporate activist Carl Icahn (Trades, Portfolio) has purchased shares of Fannie Mae (FNMA) and Freddie Mac (FMCC), according to court documents released today. Three of Icahn’s funds in March purchased the shares Read more...
Bruce Berkowitz Leads Returns for First Quarter with Bet on Fannie Mae, Freddie Mac
Bruce Berkowitz (Trades, Portfolio) still has almost 42% of his Fairholme Fund (Trades, Portfolio) (FAIRX) in American International Group Inc. (AIG), a holdover from his massive bet on U.S. financials post-economic crisis. As of year-end, he also holds massive stakes in his new venture, national home mortgage entities Fannie Mae (FNMA) (20 million common shares and 66 million preferred shares) and Freddie Mac (FMCC) (52 million preferred shares). The average gain of the new positions is the highest of all investors tracked by GuruFocus over the past six months, beating out those of Robert Karr (Trades, Read more...
Bruce Berkowitz Comments on Fannie Mae and Freddie Mac
Two of our best performers during the period were Fannie Mae (FNMA) and Freddie Mac. Both are absolutely essential for uniquely- a merican, affordable mortgages. If you disagree, try getting a 30-year, sub-5% mortgage outside of the United States. In 2008, both companies agreed to U.S. conservatorship and extraordinarily harsh terms and conditions during a time of global crisis. The plan worked. Fannie and Freddie saved the day, repaid nearly every penny of cash received from the u . s . Treasury, and can look forward to resuming a prosperous future based just on the aging of assets held. However, many believe Fannie and Freddie will be victims of a government-sponsored expropriation that brings our country closer to a future conceived by George Orwell in his novel, 1984 . We disagree Read more...

Ratios

vs
industry
vs
history
P/S 0.52
FNMA's P/S is ranked higher than
99% of the 2626 Companies
in the Global Specialty Finance industry.

( Industry Median: 3.61 vs. FNMA: 0.52 )
FNMA' s 10-Year P/S Range
Min: 0.08   Max: 122.5
Current: 0.52

0.08
122.5
EV-to-EBIT 121.80
FNMA's EV-to-EBIT is ranked higher than
58% of the 2626 Companies
in the Global Specialty Finance industry.

( Industry Median: 19.80 vs. FNMA: 121.80 )
FNMA' s 10-Year EV-to-EBIT Range
Min: -725.7   Max: 9471.5
Current: 121.8

-725.7
9471.5

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 2.80
FNMA's Price/DCF (Projected) is ranked higher than
73% of the 2626 Companies
in the Global Specialty Finance industry.

( Industry Median: 5.54 vs. FNMA: 2.80 )
FNMA' s 10-Year Price/DCF (Projected) Range
Min: 0.02   Max: 7.29
Current: 2.8

0.02
7.29
Price/Median PS Value 0.49
FNMA's Price/Median PS Value is ranked higher than
98% of the 2626 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.25 vs. FNMA: 0.49 )
FNMA' s 10-Year Price/Median PS Value Range
Min: 0.07   Max: 87.73
Current: 0.49

0.07
87.73
Price/Graham Number 0.05
FNMA's Price/Graham Number is ranked higher than
100% of the 2626 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.19 vs. FNMA: 0.05 )
FNMA' s 10-Year Price/Graham Number Range
Min: 0.01   Max: 2.19
Current: 0.05

0.01
2.19
Earnings Yield (Greenblatt) 0.80
FNMA's Earnings Yield (Greenblatt) is ranked higher than
52% of the 1973 Companies
in the Global Specialty Finance industry.

( Industry Median: 6.60 vs. FNMA: 0.80 )
FNMA' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 10.4
Current: 0.8

0.1
10.4
Forward Rate of Return (Yacktman) -17.20
FNMA's Forward Rate of Return (Yacktman) is ranked higher than
99% of the 1512 Companies
in the Global Specialty Finance industry.

( Industry Median: 13.69 vs. FNMA: -17.20 )
FNMA' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -17.2   Max: 3308.5
Current: -17.2

-17.2
3308.5

Business Description

Industry: Banks » Specialty Finance
Compare: » details
Fannie Mae is a government-sponsored enterprise that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold. The Company has three business segments for management reporting purposes namely Single-Family Credit Guaranty, Multifamily, and Capital Markets. Single-Family business provides funds to the mortgage market by acquiring single-family loans through lender swap transactions or, working also with its Capital Markets group, through loan purchases. Its Single-Family business has primary responsibility for pricing and managing the credit risk on its single-family guaranty book of business, which consists of single-family mortgage loans underlying Fannie Mae MBS and single-family loans held in its mortgage portfolio. Multifamily business provides mortgage market liquidity for properties with five or more residential units, which may be apartment communities, cooperative properties, seniors housing, dedicated student housing or manufactured housing communities. Its multifamily business works with its lender customers to provide funds to the mortgage market primarily by securitizing multifamily mortgage loans into Fannie Mae MBS. The Company also purchase multifamily mortgage loans and provide credit enhancement for bonds issued by state and local housing finance authorities to finance multifamily housing. In addition, it has offered debt financing structures that can be used to facilitate construction loans. Its multifamily business also works with its Capital Markets group to facilitate the purchase and securitization of multifamily mortgage loans and securities for Fannie Mae's portfolio, as well as to facilitate portfolio securitization and resecuritization activities. Capital Markets group manages its mortgage-related assets and other interest-earning non-mortgage investments. It funds its purchases primarily through proceeds it receives from the issuance of debt securities in the domestic and international capital markets. Capital Markets group's business activity is primarily focused on making short-term use of balance sheet rather than on long-term investments. Its competitors include Freddie Mac, FHA, Ginnie Mae, the twelve FHLBs, financial institutions, securities dealers, insurance companies, pension funds, investment funds and other investors.
» More Articles for FNMA

Headlines

Articles On GuruFocus.com
Bill Ackman's New Interview With Bloomberg Oct 13 2014 
The Way Out For the Government's Conservatorship of Fannie and Freddie Oct 07 2014 
Top Fund Managers See Massive Quote Losses In Their Stakes In Frannie and Freddie Oct 06 2014 
Tepper: Stocks Interesting, Junk Bonds at Fair Value Oct 06 2014 
David Tepper on the Bond Market, the U.S. Stock Market, and Bill Gross Oct 01 2014 
Bruce Berkowitz’s Fairholme Buys 7 New Stocks Sep 08 2014 
Fannie, Freddie Western Ruling Immaterial Sep 05 2014 
Hedge Fund Manager Bill Ackman with a Very Profitable Year Aug 28 2014 
Bruce Berkowitz Comments on Fannie Mae and Freddie Mac Aug 04 2014 
Fairholme Fund Second Quarter 2014 Shareholder Letter Aug 04 2014 


More From Other Websites
4:03 pm Fannie Mae releases October 2014 monthly summary: Book of Business decreased at a compound... Nov 26 2014
Fannie Mae Releases October 2014 Monthly Summary Nov 26 2014
A Ray of Hope, at Last, for Homeowners in Foreclosure Nov 26 2014
A Tale of Two Bailouts: AIG, Fannie and Freddie and Beyond Nov 26 2014
Will Fannie-Freddie's Policy Change Impact Housing Sector? Nov 26 2014
Fannie, Freddie Give Some Relief to Foreclosed Homeowners Nov 26 2014
Four Home Builders to Focus On Nov 25 2014
Washington unveils policy to help people get foreclosed homes back Nov 25 2014
U.S. regulator unveils policy to help people get foreclosed homes back Nov 25 2014
Annual home-price growth slowest in two years Nov 25 2014
U.S. housing finance regulator leaves loan limits mostly unchanged Nov 24 2014
U.S. Won't Change Fannie and Freddie Control Without Legislation Nov 21 2014
Fannie-Freddie to Spur Lending with Loan Repurchase Clarity Nov 21 2014
Playing Hot Potato With Fannie, Freddie Nov 20 2014
U.S. Fed balance sheet details for latest week Nov 20 2014
Fannie cuts mortgage-rate outlook, but home buyers may not bite Nov 20 2014
Fannie Mae Prices $1.22 Billion Multifamily DUS REMIC (FNA 2014-M13) Under Its Fannie Mae GeMS™... Nov 20 2014
Fannie-Freddie Clarify Buyback Rules in Effort to Spur Lending Nov 20 2014
Fannie Mae, Freddie Mac adjust loan repurchase rules Nov 20 2014
Home sales strongest in a year on low rates, rising inventories Nov 20 2014

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK