In a recent leadership shake-up, Fannie Mae's (OTCQB:FNMA) chief compliance and ethics officer, Nancy Jardini, was dismissed amid broader changes led by the new Federal Housing Finance Agency head, Bill Pulte. Appointed by former President Trump, Pulte is focusing on ending the FHFA conservatorship over Fannie Mae and its counterpart, Freddie Mac (OTCQB:FMCC), which has been in place since 2008. This move comes as the Trump administration reportedly considers an executive order to privatize these government-sponsored enterprises.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Federal National Mortgage Association Fannie Mae (FNMA, Financial) is $2.50 with a high estimate of $4.00 and a low estimate of $1.00. The average target implies an downside of 62.99% from the current price of $6.76. More detailed estimate data can be found on the Federal National Mortgage Association Fannie Mae (FNMA) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Federal National Mortgage Association Fannie Mae's (FNMA, Financial) average brokerage recommendation is currently 4.0, indicating "Underperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Federal National Mortgage Association Fannie Mae (FNMA, Financial) in one year is $0.77, suggesting a downside of 88.6% from the current price of $6.755. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Federal National Mortgage Association Fannie Mae (FNMA) Summary page.
