Fannie Mae (OTCMKTS:FNMA) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Fannie Mae (OTCMKTS:FNMA) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.25 and traded as low as $5.98. Fannie Mae shares last traded at $6.09, with a volume of 3,824,411 shares traded.

Fannie Mae News Roundup

Here are the key news stories impacting Fannie Mae this week:

• Positive Sentiment: Fannie Mae reported $4.0 billion in second-quarter net income, up from $3.7 billion in the first quarter and $3.3 billion a year earlier. Net revenue rose 4% year over year to $7.6 billion, marking the company’s 34th consecutive profitable quarter. Fannie Mae Reports Net Income of $4.0 Billion for Second Quarter 2026
• Positive Sentiment: Quarterly earnings of $0.68 per share exceeded the $0.63 consensus estimate and increased from $0.57 a year earlier, providing a near-term earnings beat. Fannie Mae Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Net worth climbed to approximately $116.5 billion. The company also provided $125 billion of mortgage-market liquidity during the quarter, supporting about 417,000 home purchases, refinancings and rental units. Fannie Mae Earns $4.0 Billion in Second Quarter 2026
• Neutral Sentiment: A webinar drawing more than 1,500 attendees discussed updated Fannie Mae reserve requirements, highlighting continued attention to housing-finance rules. The ultimate effect on loan demand and lenders remains uncertain. Associa Webinar on Updated Fannie Mae Reserve Requirements
• Negative Sentiment: Despite the earnings beat, investors may be selling because strong operating results do not resolve the key value driver: how and when Fannie Mae exits conservatorship, rebuilds capital and potentially returns value to shareholders. Bill Pulte’s renewed oversight of Fannie Mae and Freddie Mac underscores that policy and political risks remain significant. Bill Pulte to Oversee Fannie and Freddie Again

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on FNMA shares. Keefe, Bruyette & Woods decreased their target price on Fannie Mae from $10.00 to $8.50 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Zacks Research raised shares of Fannie Mae from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Mizuho initiated coverage on shares of Fannie Mae in a research note on Monday, May 4th. They issued an “outperform” rating and a $10.00 price target on the stock. Wedbush lowered shares of Fannie Mae from an “outperform” rating to a “neutral” rating and set a $8.00 price target on the stock. in a report on Friday, May 1st. Finally, BTIG Research cut shares of Fannie Mae from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Fannie Mae has a consensus rating of “Hold” and an average target price of $12.75.

Fannie Mae Stock Performance

The stock’s fifty day simple moving average is $6.51 and its two-hundred day simple moving average is $7.21. The stock has a market capitalization of $6.93 billion, a P/E ratio of 598.60 and a beta of 1.62.

Fannie Mae (OTCMKTS:FNMA) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.05. Fannie Mae had a net margin of 4.53% and a negative return on equity of 65.94%. As a group, analysts expect that Fannie Mae will post 2.57 earnings per share for the current fiscal year.

About Fannie Mae

The Federal National Mortgage Association, commonly known as Fannie Mae (OTCMKTS:FNMA), is a government-sponsored enterprise established by Congress in 1938 as part of the New Deal to support the U.S. housing market. Headquartered in Washington, DC, Fannie Mae’s mission is to promote liquidity, stability and affordability in the mortgage market. The company operates by purchasing residential mortgage loans from financial institutions, pooling them into mortgage-backed securities (MBS), and providing guarantees to investors against borrower default.

In its core business, Fannie Mae works with mortgage lenders across the United States—including banks, credit unions and mortgage finance companies—to ensure a steady flow of capital for homebuyers and homeowners seeking refinancing.