Freddie Mac 8.375% Perpetual Preferred Stock (FMCKJ)
Market Closed
11 Aug, 20:00
OTCQB OTCQB Primary $
9. 61
-0.01
-0.104%
$
6.34B Market Cap
- P/E Ratio
- Div Yield
2,265 Volume
0 Eps
$ 9.62
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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 | 1 year ago
