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Federal National Mortgage Association (FNMA) Receives a Buy from BTIG

Tipranks - Tipranks - Sat Apr 25, 3:38PM CDT

BTIG analyst Eric Hagen maintained a Buy rating on Federal National Mortgage Association today and set a price target of $20.00.

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According to TipRanks, Hagen is a 3-star analyst with an average return of 2.7% and a 49.46% success rate. Hagen covers the Real Estate sector, focusing on stocks such as Annaly Capital, Rithm Capital, and AGNC Investment.

The word on The Street in general, suggests a Hold analyst consensus rating for Federal National Mortgage Association with a $10.70 average price target.

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Based on Federal National Mortgage Association’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $40.59 billion and a net profit of $3.53 billion. In comparison, last year the company earned a revenue of $37.97 billion and had a net profit of $4.13 billion

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