Freddie Mac 8.375% Perpetual Preferred Stock logo

Freddie Mac 8.375% Perpetual Preferred Stock (FMCKJ)

Market Closed
12 Dec, 20:00
OTCQB OTCQB
$
14. 01
-0.17
-1.2%
$
6.34B Market Cap
- P/E Ratio
0% Div Yield
18,286 Volume
0 Eps
$ 14.18
Previous Close
Day Range
13.73 14.16
Year Range
9.14 17.04
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Earnings results expected in 59 days
Trump's Bessent To Explore GSE Restructuring Options

Trump's Bessent To Explore GSE Restructuring Options

Fannie Mae and Freddie Mac, despite record net worths, remain in conservatorship with Trump expected to push for privatization and restructuring through incoming Treasury Secretary Scott Bessent. Bill Ackman argues common shares are undervalued, but preferred shares offer anti-dilution protection; I favor preferred shares due to uncertainty. Bessent's and Pulte's confirmation sets the stage for an equity restructuring, impacting common and junior preferred shareholders.

Seekingalpha | 10 months ago