NEW! Investment Companies Centre

American Express Platinum Cashback Card:

Freddie Mac (FRE)

Sector:

Financials

Market Cap

$497.63m

Change Today

Price Down-$0.11 (-12.09%)

Share Price

$0.77

Freddie Mac Overview

Freddie Mac, The Federal Home Loan Mortgage Corporation, is a shareholder-owned corporation chartered by the US Congress to keep money flowing to mortgage lenders in support of home ownership and rental housing. The company purchases single-family and multi-family residential mortgages from lenders and packages them into securities that are sold to investors. Ultimately, this enables homeowners and renters access to lower housing costs and better access to home financing. Since its inception in 1970, Freddie Mac has purchased more than 35m mortgages.

1 Day Chart (02-Dec-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 227.3% 105.9%
Div Cover -3.1 n/a
Op Mrgn -13.9% 67.8%
ROCE -0.8%  

Valuation

Latest F'cast
P/E n/a n/a
PEG n/a n/a
Pr/Revenue 0.0 n/a
Pr/Book 0.0  

Growth

Latest F'cast
Revenue 1.5% n/a
PBT n/a n/a
EPS n/a n/a
DPS -8.4% -39.3%

Freddie Mac Fundamentals

Year Ending Revenue ($m) Pre-tax ($m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 37,098.00 7,018.00 669.00¢ n/a n/a -53% 104.00¢ 0.0%
31-Dec-04 35,603.00 3,727.00 396.00¢ 18.5 n/a -41% 120.00¢ 1.6%
31-Dec-05 35,584.00 2,530.00 276.00¢ 23.7 n/a -30% 152.00¢ 2.3%
31-Dec-06 42,264.00 2,282.00 301.00¢ 22.6 2.5 +9% 191.00¢ 2.8%
31-Dec-07 42,910.00 (5,977.00) (537.00)¢ n/a n/a n/a 175.00¢ 5.1%

Freddie Mac Forecasts

Year Ending Revenue ($m) Pre-tax ($m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 (4,074.60) (2,763.50) (1,377.59)¢ n/a n/a n/a 106.25¢ 105.9%
31-Dec-09 10,227.53 (7,979.67) (322.09)¢ n/a n/a n/a n/a 0.0%

Covering analysts: Actual, Argus Research, Citigroup Investment Research, Credit Suisse, Fox Pitt Kelton Cochran C. W., Friedman Billings Ramsey & Co, Keefe Bruyette & Woods, Standard & Poors

Freddie Mac ShareCast News

Freddie Mac seeks help after loss 14-Nov-2008 ShareCast
Fannie and Freddie nationalised by US 08-Sep-2008 ShareCast
US midday: Modest progress 27-Aug-2008 ShareCast

Freddie Mac Top Newspaper Links

Local Briefing 27-Nov-2008 Washington Post
U.S. Plans $800 Billion in Lending to Ease Crisis 26-Nov-2008 New York Times
Freddie Mac plunges into mortgage-backed securit... 25-Nov-2008 LA Times

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 20 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

Freddie Mac Market Data

Currency US Dollars
Share Price $0.77  
Change Today -$0.11
52 Week High $37.10
52 Week Low $0.26
Volume 54,658,961
Shares Issued 646.27m
Market Cap $497.63m
Beta 1.68
RiskGrade 1,691

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 2
Sell 1
Strong Sell 3
Total 6
sell
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Freddie Mac Dividends

No dividends found

Trades for --n/a

Time Volume / Share Price
16:02 53,500 @ $0.77
16:02 32,700 @ $0.77
15:59 20,000 @ $0.80
15:59 4,000 @ $0.80
15:58 6,200 @ $0.80

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).