Freddie Mac operates in the secondary mortgage market in the United States.
Weak fundamentals or lack of information.
Share Price & News
How has Freddie Mac's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FMCK.J has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FMCK.J matched the US Mortgage industry which returned -18.5% over the past year.
Return vs Market: FMCK.J underperformed the US Market which returned 18% over the past year.
Price Volatility Vs. Market
How volatile is Freddie Mac's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Freddie Mac undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Freddie Mac is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Freddie Mac has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of FMCK.J's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Freddie Mac regulatory filings here.
- Explore potentially undervalued companies in the Banks industry.
How is Freddie Mac forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FMCK.J is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FMCK.J is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FMCK.J is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: FMCK.J's revenue (6.5% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: FMCK.J's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FMCK.J's Return on Equity is forecast to be high in 3 years time
How has Freddie Mac performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FMCK.J is currently unprofitable.
Growing Profit Margin: FMCK.J is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FMCK.J is unprofitable, but has reduced losses over the past 5 years at a rate of 12.7% per year.
Accelerating Growth: Unable to compare FMCK.J's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FMCK.J is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (7.2%).
Return on Equity
High ROE: FMCK.J has a negative Return on Equity (54.63%), as it is currently unprofitable.
How is Freddie Mac's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FMCK.J's Assets to Equity ratio (204.1x) is very high.
Allowance for Bad Loans: Insufficient data to determine if FMCK.J has a sufficient allowance for bad loans.
Low Risk Liabilities: FMCK.J reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if FMCK.J has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: FMCK.J reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if FMCK.J has an appropriate level of bad loans.
What is Freddie Mac current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FMCK.J's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FMCK.J's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FMCK.J's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FMCK.J's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FMCK.J is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FMCK.J's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Brickman (54 yo)
Mr. David M. Brickman has been President and Chief Executive Officer of Freddie Mac(formerly known as Federal Home Loan Mortgage Corporation) since September 5, 2018 and July 1, 2019 respectively and serve ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD2.01M) is below average for companies of similar size in the US market ($USD7.19M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
|CEO, President & Director||1.08yrs||US$2.01m||0.00011% |
|Executive Vice President of Investments & Capital Markets||5.58yrs||US$3.31m||no data|
|Executive VP||1.58yrs||US$2.52m||no data|
|Executive VP & Chief Risk Officer||5.08yrs||US$2.67m||no data|
|Executive VP & CFO||0.17yr||no data||no data|
|Executive VP & Chief Information Officer||1.25yrs||no data||no data|
|Executive VP & Chief Administrative Officer||10yrs||US$2.17m||no data|
|Senior VP of External Relations & Corporate Communications||no data||no data||no data|
|Senior VP & Chief Compliance Officer||2.17yrs||no data||no data|
|Senior VP||2.58yrs||no data||no data|
|Senior Vice President||8.58yrs||no data||no data|
|Senior Vice President of Homestep||no data||no data||no data|
Experienced Management: FMCK.J's management team is considered experienced (2.4 years average tenure).
|CEO, President & Director||1.08yrs||US$2.01m||0.00011% |
|Independent Director||5.08yrs||US$170.00k||no data|
|Independent Director||0.50yr||no data||no data|
|Independent Director||7yrs||US$175.00k||no data|
|Independent Non-Executive Chairman||1.5yrs||US$277.29k||no data|
|Independent Director||1.58yrs||US$181.46k||no data|
|Independent Director||2.67yrs||US$173.58k||no data|
|Independent Director||0.83yr||US$40.00k||no data|
|Independent Director||0.75yr||US$16.09k||no data|
|Independent Director||2.42yrs||US$160.00k||no data|
Experienced Board: FMCK.J's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Freddie Mac's company bio, employee growth, exchange listings and data sources
- Name: Freddie Mac
- Ticker: FMCK.J
- Exchange: OTCPK
- Founded: 1970
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$6.910b
- Shares outstanding: 3.22b
- Website: https://www.freddiemac.com
Number of Employees
- Freddie Mac
- 8200 Jones Branch Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FMCC||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Dec 1988|
|FHL||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1988|
|FHL||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Dec 1988|
|0IKZ||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Dec 1988|
|FMCC.I||OTCPK (Pink Sheets LLC)||PFD VAR RATE||US||USD||May 1996|
|FMCC.H||OTCPK (Pink Sheets LLC)||PFD 5.1%||US||USD||Sep 1998|
|FMCC.G||OTCPK (Pink Sheets LLC)||PFD FLTG RATE||US||USD||Oct 1998|
|FMCC.K||OTCPK (Pink Sheets LLC)||PFD 5.79%||US||USD||Jul 1999|
|FMCC.L||OTCPK (Pink Sheets LLC)||PFD 5.97%||US||USD||Dec 1999|
|FMCC.M||OTCPK (Pink Sheets LLC)||PFD VAR RATE||US||USD||Feb 2001|
|FMCC.P||OTCPK (Pink Sheets LLC)||PFD 6% NON-CUM||US||USD||Jun 2001|
|FMCC.J||OTCPK (Pink Sheets LLC)||PFD VAR RATE||US||USD||Jun 2001|
|FMCC.N||OTCPK (Pink Sheets LLC)||PFD VR RT NCUM||US||USD||Jun 2001|
|FMCC.O||OTCPK (Pink Sheets LLC)||PFD 5.81% NCUM||US||USD||Jun 2001|
|FMCK.P||OTCPK (Pink Sheets LLC)||PFD 5.70%||US||USD||Nov 2001|
|FREG.P||OTCPK (Pink Sheets LLC)||PFD 5.81%||US||USD||Jun 2002|
|FMCC||BASE (Buenos Aires Stock Exchange)||CEDEAR EACH REP 0.5 COM STK USD0.21||AR||ARS||Nov 2002|
|FREJ.N||OTCPK (Pink Sheets LLC)||PFD PERP 5.81%||US||USD||Apr 2004|
|FMCC.T||OTCPK (Pink Sheets LLC)||PFD PERP 6.42%||US||USD||Jul 2006|
|FMCC.S||OTCPK (Pink Sheets LLC)||PFD PERP VAR||US||USD||Jul 2006|
|FMCK.O||OTCPK (Pink Sheets LLC)||PERP PFD 5.9%||US||USD||Oct 2006|
|FMCK.M||OTCPK (Pink Sheets LLC)||PFD PERP 5.57%||US||USD||Jan 2007|
|FMCK.N||OTCPK (Pink Sheets LLC)||PFD CUM 5.66%||US||USD||Apr 2007|
|FMCK.L||OTCPK (Pink Sheets LLC)||6.02% NON CM PFD||US||USD||Jul 2007|
|FMCK.I||OTCPK (Pink Sheets LLC)||PFD6.55% SER Y||US||USD||Sep 2007|
|FMCK.J||OTCPK (Pink Sheets LLC)||PFD 8.375% NCM||US||USD||Nov 2007|
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/15 05:38|
|End of Day Share Price||2020/08/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.