Media stories about Federal Home Loan Mortgage (OTCMKTS:FMCC) have been trending very negative on Sunday, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Federal Home Loan Mortgage earned a coverage optimism score of -3.60 on their scale. InfoTrie also assigned news stories about the company an news buzz score of 4 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have effected Federal Home Loan Mortgage’s score:
A number of equities research analysts have issued reports on FMCC shares. B. Riley started coverage on shares of Federal Home Loan Mortgage in a report on Friday, December 6th. They set a “neutral” rating and a $2.00 price target for the company. Odeon Capital Group cut shares of Federal Home Loan Mortgage from a “hold” rating to a “sell” rating in a report on Thursday, February 27th. Finally, Nomura restated a “buy” rating on shares of Federal Home Loan Mortgage in a report on Monday, February 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. Federal Home Loan Mortgage currently has an average rating of “Hold” and an average price target of $4.38.
FMCC stock opened at $1.40 on Friday. Federal Home Loan Mortgage has a 52-week low of $1.33 and a 52-week high of $4.04. The company has a 50-day moving average of $2.68 and a two-hundred day moving average of $2.96. The stock has a market capitalization of $911.06 million, a price-to-earnings ratio of -7.78 and a beta of 2.14.
Federal Home Loan Mortgage Company Profile
Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates in three segments: Single-family Guarantee, Multifamily, and Capital Markets.
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