Purchases mortgage loans from primary lenders, including banks, credit unions, and mortgage companies. Now — the numbers.
This is an established company with proven profits.
Average growth of 12% a year over the last 4 years. Every year shown ended in profit.
The gap is $4.1T. In times of high interest rates, a gap like that can squeeze a company.
The market pays 0.5× for every dollar of annual profit — cheap, which is either an opportunity or a warning.
Analysts' average target sits 57% above today's price.
angles, checked one by one.
The 3 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
An investor who bought at the very peak is down 62% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 4 years, sales grew about 12% a year on average.
Since the drop from its peak, buyer appetite hasn’t come back. Council score: 3/10.
Against everything we grade, FNMA lands somewhere in the middle. The grade moves as the numbers move.
The takeaway: FNMA is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.
Not covered, because the filings we hold do not carry it: the revenue breakdown.