Federal Home Loan Mortgage (OTCMKTS:FMCC) Releases Quarterly Earnings Results

Federal Home Loan Mortgage (OTCMKTS:FMCC) posted its quarterly earnings results on Thursday. The company reported $0.01 EPS for the quarter, Zacks reports. Federal Home Loan Mortgage had a net margin of 9.74% and a negative return on equity of 33.18%.

Federal Home Loan Mortgage Price Performance

Federal Home Loan Mortgage stock opened at $6.45 on Friday. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of -107.48 and a beta of 2.09. Federal Home Loan Mortgage has a fifty-two week low of $0.94 and a fifty-two week high of $7.15. The firm has a fifty day moving average price of $4.47 and a two-hundred day moving average price of $2.58.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods cut shares of Federal Home Loan Mortgage from a “market perform” rating to an “underperform” rating and boosted their price target for the company from $4.00 to $4.50 in a report on Monday, January 27th.

About Federal Home Loan Mortgage

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.