Added to YB: 2025-01-29
Pitch date: 2024-12-12
FMCC [bullish]
Federal Home Loan Mortgage Corporation
+290.15%
current return
Author Info
No bio for this author
Company Info
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States.
Market Cap
$30.7B
Pitch Price
$2.64
Price Target
40.00 (+288%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-905.55
EV/Sales
N/A
Sector
Financial Services
Category
special_situation
Federal Home Loan Mortgage Corporation - $FMCC
FMCC: GSE trade offers 100-200%+ upside in 6-18 months. 80%+ probability within 2 years. Preferred at 30-40c/$, common underpriced at <10% chance of $20-40 value (50% prob). Trump admin likely to cancel liquidation preference, convert senior preferred to debt. $15bn FNMA, $12bn FMCC normalized earnings. Catalyst: FHFA appointment, exit plan.
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