Federal Home Loan Mortgage (OTCMKTS:FMCC) Getting Very Negative Media Coverage, Report Shows

Headlines about Federal Home Loan Mortgage (OTCMKTS:FMCC) have trended very negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Federal Home Loan Mortgage earned a media sentiment score of -3.00 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the near term.

These are some of the headlines that may have impacted Federal Home Loan Mortgage’s score:

Separately, Compass Point started coverage on shares of Federal Home Loan Mortgage in a research report on Thursday, June 20th. They issued a “neutral” rating on the stock.

Shares of OTCMKTS:FMCC remained flat at $$2.60 during midday trading on Friday. 814,474 shares of the stock traded hands, compared to its average volume of 1,989,003. The business has a 50-day moving average of $2.80. The firm has a market cap of $1.69 billion, a PE ratio of 20.00 and a beta of 2.44. Federal Home Loan Mortgage has a 12-month low of $0.98 and a 12-month high of $3.10.

Federal Home Loan Mortgage (OTCMKTS:FMCC) last posted its quarterly earnings results on Wednesday, May 1st. The company reported ($0.08) earnings per share for the quarter. The business had revenue of $2.92 billion during the quarter. Federal Home Loan Mortgage had a negative return on equity of 9.42% and a net margin of 10.49%.

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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