Federal Home Loan Mortgage (OTCMKTS:FMCC) Earns “Underperform” Rating from Wedbush

Wedbush reaffirmed their underperform rating on shares of Federal Home Loan Mortgage (OTCMKTS:FMCC) in a report published on Monday, RTT News reports. They currently have a $0.75 price target on the stock.

Separately, Keefe, Bruyette & Woods upgraded Federal Home Loan Mortgage from a market perform rating to an outperform rating and upped their price target for the company from $1.25 to $2.50 in a research report on Monday, February 26th.

Federal Home Loan Mortgage Price Performance

Federal Home Loan Mortgage stock opened at $1.24 on Monday. Federal Home Loan Mortgage has a 52 week low of $0.43 and a 52 week high of $1.75. The stock has a fifty day moving average of $1.40 and a 200-day moving average of $1.17.

Federal Home Loan Mortgage (OTCMKTS:FMCC) last issued its earnings results on Wednesday, May 1st. The company reported $0.01 earnings per share (EPS) for the quarter. Federal Home Loan Mortgage had a negative return on equity of 27.89% and a net margin of 10.09%. The business had revenue of $5.76 billion during the quarter.

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.