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Fannie Mae (QB)

Fannie Mae (QB) (FNMAG)

17.10
0.42
(2.52%)
Closed December 07 4:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
17.10
Bid
15.50
Ask
17.10
Volume
21,959
16.50 Day's Range 17.10
0.00 52 Week Range 0.00
Market Cap
Previous Close
16.68
Open
16.50
Last Trade
500
@
17.1
Last Trade Time
Financial Volume
$ 373,278
VWAP
17.00
Average Volume (3m)
-
Shares Outstanding
1,158,087,567
Dividend Yield
-
PE Ratio
565.38
Earnings Per Share (EPS)
-
Revenue
26.87B
Net Profit
3M

About Fannie Mae (QB)

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. 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.

Sector
Mortgage Bankers & Loan Corr
Industry
Mortgage Bankers & Loan Corr
Headquarters
Washington, District Of Columbia, USA
Founded
-
Fannie Mae (QB) is listed in the Mortgage Bankers & Loan Corr sector of the OTCMarkets with ticker FNMAG. The last closing price for Fannie Mae (QB) was $16.68. Over the last year, Fannie Mae (QB) shares have traded in a share price range of $ 0.00 to $ 0.00.

Fannie Mae (QB) currently has 1,158,087,567 shares outstanding. The market capitalization of Fannie Mae (QB) is $19.32 billion. Fannie Mae (QB) has a price to earnings ratio (PE ratio) of 565.38.

FNMAG Latest News

Free Real-Time Level 2 Quotes Available in Fannie Mae and Freddie Mac at OTCMarkets.com

Free Real-Time Level 2 Quotes Available in Fannie Mae and Freddie Mac at OTCMarkets.com PR Newswire NEW YORK, Dec. 5, 2013 NEW YORK, Dec. 5, 2013 /PRNewswire/ -- Investors and traders in Fannie...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000PR
40000000PR
120000000PR
260000000PR
520000000PR
1560000000PR
2600000000PR

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FNMAG Discussion

View Posts
Donotunderstand Donotunderstand 6 minutes ago
in terms of value or PPS of FNMA --- salaries at FHFA are .0000001 or whatever

now killing it somehow and drawing a straight line to a Treasury department - hhhmmm

likely not good or bad for operations but could assist TREASURY to kill the LP/SP 200B overhang?

??
👍️0
MrRubs92 MrRubs92 8 minutes ago
If no one else cares, please keep posting. I have used it several times to assist me on averaging. Your comment on Wednesday made me large gains so thanks brother!
👍️0
NeoSunTzu NeoSunTzu 28 minutes ago
Fiderer needs to connect with Ackman OR Ackman needs to know of Fiderer ... I'd be surprised if this already is NOT the case, but stranger things have happened ... Ackman's inside position with the Admin, his long-term/long-time investment, PLUS all the well-thoughout threads and ammo from Fiderer are exactly what this needs to get us where we all want to go ...

I've said all along the graceful way for the government out of this is to hint (or even explicitly state) that all the excessive efforts to take, hold, and accumulate capital from the GSEs was to comply with the c'ship AND RETURN the capital so the twins would be fully capitalized for business on day one without the further need for any outside capital or further govt involvement (warrants sold back, the unnecesary liquidation preference deemed protective only and now gone, as well as the sr preferred / provided funds paid back ... etc.)
👍️0
trunkmonk trunkmonk 1 hour ago
there are very few that have accumulated like the Officers and Gentlemen on this board and of course Bill and John, they get it, and will reap great rewards. the rest of us, or at least me, gets some retribution for sleezy government control and greed.
👍️ 1 💯 1
Guido2 Guido2 1 hour ago
Another brilliant thread by Fiderer:
https://x.com/Ny1david/status/1865179184881906110
👍️ 2 🚀 1
trunkmonk trunkmonk 1 hour ago
uh he has screwed up everything he has done cause he lets people behind him and handlers post for him sign for him(possibly), put up sick decorations without his say, last thing we want is his stinky hand into something someone else can use to their advantage and greed. we can wait for next guy, he WILL have a team that fixes and makes right as much as possible.
👍️ 1
HappyAlways HappyAlways 2 hours ago
This is a robbery.

1. Treasury forced upon Fannie and Freddie a loan, so that they could digest the toxic mortgages held by the TBTF. The loan carried 10% annual interest and 79.9% free warrants to Treasury.

2. Treasury and FHFA imposed the Net Worth Sweep on Fannie and Freddie in 2012, to make sure they can never exit their conservatorship. In the same year that NWS was imposed, Fannie and Freddie repaid $141 Billions for a loan of $191 billions. Without NWS, the loan balance and annual interest would be immediately reduced to $50 Billions and $5 Billions. And, the loan should have been fully paid off in 2015.

How shameless are the US Treasury and the administration to allow this to happen. It is crystal clear a case of Illegal Taking of Private Property.

👍️ 2 💯 2
Rodney5 Rodney5 2 hours ago
Think about this “the warrant’s exercise price of $0.00001 per share is considered non-substantive (compared to the market price of our common stock), the warrant was evaluated based on its substance rather than its form.” … non-substantive, Ha

As we consider the intricate design of the Senior Preferred Stock Purchase Agreement the conclusion this was not hashed out over night. No, this was a premeditated attack planned far in advance, ‘Crime’ …

In the end it will be brought to justice no one will escape the Law governing our universe for whatsoever a man sows that will he also reap for the Judge of heaven and earth will have the last word.
👍️ 1 💯 1 🙄 1
Rodney5 Rodney5 3 hours ago
The company was forced into a contract and gave away the Senior Preferred Stock for free along with the 79.9 % warrants to be purchased at a nominal price. The Treasury did not pay the company a billon dollars.

Quote: “We did not receive any cash proceeds from Treasury at the time the senior preferred stock or the warrant was issued.” End of Quote
page 25 Form 10K December 31, 2008

79.9% gives the Treasury 4.6 billion shares x 0.00001= $46,000. Forty six thousand dollars for 79.9 % of the company.

If the warrant is exercised, the stated value of the common stock issued will be reclassified as “Common stock” in our consolidated balance sheet. Because the warrant’s exercise price of $0.00001 per share is considered non-substantive (compared to the market price of our common stock), the warrant was evaluated based on its substance rather than its form.

Page F 10

https://www.sec.gov/Archives/edgar/data/310522/000095013309000487/w72716e10vk.htm#304;
👍️ 1 💯 1
Release us Release us 5 hours ago
DOGE will grill FHFA
👍️ 1 🙄 1
mrfence mrfence 6 hours ago
I know it was some tiny fraction of a penny so less than cheap wall paper. IMO, if the Gooberment wants to make a profit they need to earn it and print each canceled Warrant individually. Like I said before, I'll take 1,000 square Ft. Bidding $0.10 a square.
👍️0
MRJ25 MRJ25 9 hours ago
Government paid a very low price for the warrants. Somewhere around 50 thousand dollars.
So, it is on the books for that amount. They can claim to get at least that money back.
I do not know how they paid for it. I believe they gave credit towards the loan. Same as the 1 billion dollars for the SPS.
👍️0
mrfence mrfence 10 hours ago
I'll take 1,000 square ft. 😅🤣😂
👍️0
jog49 jog49 10 hours ago
Same price as cheap wallpaper.
👍️0
jog49 jog49 10 hours ago
Let's f*** with the moronic dementia patient. Let's tell Biden her privately promised to release Fannie and Freddie from conservatorships at the same time he pardoned Hunter and that he is now running out of time on his term in office!
👍️ 1 😴 1
mrfence mrfence 10 hours ago
What are warrants that can't be exercised worth? 🤣
🤣 1
jog49 jog49 10 hours ago
"Warrants cannot be exercised but can be sold back to the companies for a negotiated price."

A fair price, if it has to be done at all, is $1 for every 50,000 shares.....provided the governments pays up the $1 for every 100,000 shares of the warrants agreement shoved down our throats . . . which the government did not pay. On second thought, the government didn't pay so why should we pay?
👍️ 4
ron_66271 ron_66271 10 hours ago
Today’s Final LIBOR Document Count is 33 Filings.

FDIC as Receiver, and both FNMA and FMCC are listed.



Ron
👍️ 2
Bostonsesco Bostonsesco 11 hours ago
Times 3 its 2024 not 2007
👍️0
Bostonsesco Bostonsesco 11 hours ago
My Hood Economics agrees with pat...


Simple math 

Everything triples in 10 years 
Upon going into conservatorship they were valued around 

$75 bucks X 3 = $225 
This Been going on 15 years 
So $225 (10 yr) + $112.50 (5 yr) = $337.50 

Which lines me up squarely between 

Pats Real analytics   
$290 

Esco's imaginary stock empire as if he was some street corner general running a criminal enterprise like it's GTA 5, the streets is calling I heard it when I was sleep! Let me live (No Cap)

$340
👍️ 2
ron_66271 ron_66271 11 hours ago
4364, 4362; “Federal National Mortgage Association, The Federal Deposit Insurance Corporation as Receiver,”

FMCC is also in the filings.
RESOLUTION.



Ron
👍️ 3
TightCoil TightCoil 12 hours ago
FNMA - All The Way
I just finished my Tightcoil TA Forecast for FNMA:
40 - 60 cents to the Green by next Friday's close
👍️ 3
EternalPatience EternalPatience 12 hours ago
After years of guaranteeing restructure, liquidation, sr. Preferred, warrants, JPS conversion, reverse split and parroting it for years, I would have loved to see his face when he possibly said, may be I was wrong on those 2 things

More to come on the rest as well... 
👍️ 3 🤣 2
pauljon4 pauljon4 12 hours ago
$10 , cash
👍️ 1
pauljon4 pauljon4 12 hours ago
Haha. You would not have loved that.
👍️0
EternalPatience EternalPatience 13 hours ago
Could you please elaborate on How foolish you felt when you typed those 3 letters ?  LOL..   Would have loved to see your face  
🤣 1
Viking61 Viking61 13 hours ago
Sounds great to me either way! Good luck all🚀
👍️ 1 💥 2
Clark6290 Clark6290 13 hours ago
Fantasy my Amigo, laughable at best
👍️0
RickNagra RickNagra 13 hours ago
Oh wow. $90 on deck.

Which Price May Be Right ?

Subnani Investment Research, LLC believes the price of Fannie Mae’s common shares should be higher than its all-time high of $89.38 considering the current earnings are 3.5x higher than when Fannie’s shares were trading at its peak. This represents an undervaluation of approximately 36x of the current market price. The firm believes the significant mispricing is a result of a market inefficiency. In economic theory, an inefficient market is one in which an asset’s prices do not accurately reflect its true value. “Market inefficiencies exist due to information asymmetries, transaction costs, market psychology, and human emotion, among other reasons. As a result of market inefficiencies, assets may be over- or undervalued in the market, creating opportunities for excess profits.”

Technical analysis is a method used in financial charting to determine trends of a stock. If market inefficiencies exist, technical analysis holds merit. The 200-day simple moving average is a key indicator that may provide potential entry and exit points or identify the direction of an overall trend. Fannie Mae’s price closed below the simple moving average in November 2007 at $38.42 during the real estate meltdown. This indicated a major bearish signal. However, in November, Fannie Mae closed at $3.13, significantly above the 200-day simple moving average of $1.86. The firm believes the close above the 200-day simple moving average is a bullish signal and an indication of a major reversal of the overall trend.

Below is a monthly chart of Fannie Mae dating from 1985 to present scaled linearly and scaled logarithmically. Stock prices do not move proportionately day-to-day. Scaling the price data similarly to how the earnings were above yields a strikingly different appearance. While $90 may seem unattainably distant when scaled linearly, the logarithmic chart appears to shorten that distance.

Stock prices tend to experience exponential changes therefore the firm believes the distance between the current market price of $2.49 and $90 could be recovered quicker than anticipated. The firm maintains its STRONG BUY rating and has a $90 price target upon Fannie and Freddie’s release from conservatorship.
👍️ 3 💥 1
Rodney5 Rodney5 13 hours ago
That’s an idea, Kthomp19 if a district court overturned the C-Ship you make tons more money. Ackman shorted the housing market and afterwards joined in. You could change teams as you said it’s what you can prove in court. You seem to be one up for a challenge, if it worked your name would go down in history. You recommend the 5th district. How about it?

The issues needed to understand now are the tough sneaky lawyer stuff. What is illegal exaction? What does sounding in tort mean? Can a derivative claim be heard under the little tucker act? Goal is to understand the actual limitations that can trip up any claim and head it off so that the claim can’t be dismissed on procedural grounds.
👍️0
pauljon4 pauljon4 13 hours ago
biden can't even spell GSE, let alone not completely F it all up.
👍️ 1
bradford86 bradford86 13 hours ago
warrants for sure will
👍️ 1 😱 1 🥳 1
IronMan123 IronMan123 14 hours ago
I have been wondering WHY Biden has not gone ahead and released. He is doing all he can to screw Trump before he takes over on the 20th. That would be one more way to screw things up for him. Biden is leaving money on the table for Trump.
👍️ 1 🙄 2
blownaccount9 blownaccount9 14 hours ago
Nothing. Literally nothing.
👍️0
MRJ25 MRJ25 14 hours ago
Warrants cannot be exercised but can be sold back to the companies for a negotiated price.
👍️ 5
tm3141 tm3141 15 hours ago
w are those documents for?
👍️0
Kimbrown Kimbrown 15 hours ago
FnF relist price should be $25-35 considering Warrants execution and Preferred conversion to Commons
👍️ 4 💥 2 🤢 1
Kimbrown Kimbrown 15 hours ago
FnF relist price should be $25-35 considering Warrants execution and Preferred conversion to Commons
👍️ 2 💲 1 😊 1 😰 1 🤢 1
ron_66271 ron_66271 15 hours ago
23 New LIBOR Documents Filed Today.

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262



Ron
👍️ 2
TightCoil TightCoil 15 hours ago
Truth is:
Some people want Fannie and Freddie Commons very bad - Makes me wonder if HawkEye Buffett has some straw men buyers fillin' his Lion"s Den.
👍️ 1 💤 1
krab krab 15 hours ago
Interesting, after exit from GOVT control, General Motors Company (GM) went public Nov 2010 @ $34 with 1.1B float shares
👍️ 1
Patswil Patswil 16 hours ago
I provide a data based formula which justifies a PPS of $325


👍️ 6 🚀 2 🤎 3
Barron4664 Barron4664 16 hours ago
Not an all-talk do-nothing hypocrite!!!! Please don't expose me. For the love of all things good. No. Please not that Mr. Kthomp19. I promise I will be a good poster and do as you command. But in all seriousness, I would love for you to join me and help me with a lawsuit. Why not? Unless you have a vested interest and prefer to see the gov cramdown and dilution of us poor retail investors. 
👍️ 1 😂 1 🤣 1
Viking61 Viking61 16 hours ago
Pat, you say that it should be anywhere from $350 to $1,500 ps. And now you’re getting on somebody that says $90? What’s up? Is it to low?
👍️ 2
Patswil Patswil 16 hours ago
I disagree.  It's worthless
👍️0
stink stack stink stack 16 hours ago
Shhh, don't talk about this Golden Goose to much y'all could jinx us.
👍️ 1
RickNagra RickNagra 16 hours ago
It's better than nothing.  Beggars cannot be choosers.  Maybe other write ups will follow suit.
👍️ 2
MRJ25 MRJ25 17 hours ago
To me the Treasury/FHFA have until 1/20/25 to make something happen.
👍️ 3
TightCoil TightCoil 17 hours ago
Well, it won't happen overnight,
might take 2or 3 weeks
👍️ 2 🤣 1
Patswil Patswil 17 hours ago
IMHO this guy is a nobody from nowhere.  It carries no weight.   Not like it's Wells Fargo, or B od A , or GS
👍️ 1

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