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The P/E ratio of Federal National Mortgage Association is 0.959
Ms. Priscilla Almodovar is the President of Federal National Mortgage Association, joining the firm since 2022.
The current price of FNMFO is $56,500, it has decreased 0% in the last trading day.
Federal National Mortgage Association belongs to Financial Services industry and the sector is Financials
Federal National Mortgage Association's current market cap is $65432.0B
According to wall street analysts, 6 analysts have made analyst ratings for Federal National Mortgage Association, including 0 strong buy, 0 buy, 2 hold, 2 sell, and 0 strong sell
You're asking why a government-sponsored mortgage company is moving after the Fed finally did something? Groundbreaking. Let's look at the actual alpha here.
Federal National Mortgage Association (FNMA) is rallying today because the Federal Reserve cut interest rates. This action caused mortgage rates to fall to their lowest levels in nearly a year, which is perceived as a major tailwind for FNMA's business of providing liquidity to the mortgage market.
Here's the breakdown of the move, anon. It's a classic macro play with some sketchy internals.
The Main Catalyst: Fed Rate Cut: The market has been anticipating a rate cut, and it finally happened. While the Fed doesn't directly set mortgage rates, its policy heavily influences the 10-year Treasury yield, which mortgage rates are closely tied to. This has led to a sharp drop in borrowing costs, with the 30-year mortgage rate falling to around 6.38%. For a company like FNMA, which is in the business of buying and guaranteeing mortgages, lower rates can stimulate housing demand and increase refinancing activity—both are good for their bottom line.
Technical Picture: The chart is telling a less exciting story.
Sentiment & Social Proof: The Glaring Red Flag: This is where you need to pay attention.
The current pump is a textbook reaction to a macro catalyst. The market is buying the "lower rates are good for housing" narrative. However, you're trading against a deeply bearish analyst consensus. This is a high-risk play where you're hoping the narrative outweighs the grim fundamental valuation from the pros.
Honestly, congrats on finding a stock that analysts hate more than your portfolio. Instead of chasing this headline, you might want to see what actual whales are buying on the Edgen Radar before you become exit liquidity.