Federal Home Loan Mortgage (OTCMKTS:FMCC) Issues Earnings Results

Federal Home Loan Mortgage (OTCMKTS:FMCC) posted its earnings results on Thursday. The company reported $0.01 earnings per share (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 Trading Up 5.4 %

OTCMKTS:FMCC opened at $6.45 on Friday. Federal Home Loan Mortgage has a 1 year low of $0.94 and a 1 year high of $7.15. The firm has a 50 day moving average of $4.47 and a 200-day moving average of $2.58. The stock has a market capitalization of $4.19 billion, a P/E ratio of -107.48 and a beta of 2.09.

Analysts Set New Price Targets

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

Federal Home Loan Mortgage Company Profile

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.