Shares of Federal Home Loan Mortgage Co. (OTCMKTS:FMCC - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.23 and traded as high as $5.50. Federal Home Loan Mortgage shares last traded at $5.50, with a volume of 765,776 shares.
Wall Street Analyst Weigh In
Separately, Keefe, Bruyette & Woods lowered shares of Federal Home Loan Mortgage from a "market perform" rating to an "underperform" rating and lifted their price objective for the company from $4.00 to $4.50 in a report on Monday, January 27th.
View Our Latest Report on Federal Home Loan Mortgage
Federal Home Loan Mortgage Stock Performance
The business's fifty day moving average is $5.23 and its two-hundred day moving average is $4.56. The company has a market cap of $3.58 billion, a P/E ratio of -91.65 and a beta of 1.92.
Federal Home Loan Mortgage (OTCMKTS:FMCC - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported ($0.01) earnings per share for the quarter. Federal Home Loan Mortgage had a net margin of 9.74% and a negative return on equity of 33.18%. The company had revenue of $5.85 billion for the quarter.
Federal Home Loan Mortgage Company Profile
(
Get Free Report)
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. It operates through two segments, Single-Family and Multifamily. The Single-Family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit and market risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Federal Home Loan Mortgage, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Federal Home Loan Mortgage wasn't on the list.
While Federal Home Loan Mortgage currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
