How To Invest In Fannie Mae's Comeback With Housing-Focused ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Fannie Mae and Freddie Mac's Potential Exit from Conservatorship: After nearly 17 years under government control following the 2008 financial crisis, discussions are emerging about Fannie Mae and Freddie Mac possibly returning to public markets, generating significant investor interest.
Impact on ETFs and Housing Market: While no ETFs directly own shares of these government-sponsored enterprises, several ETFs could be affected by changes in their status, as Fannie and Freddie play a crucial role in the U.S. housing market by buying mortgages and issuing mortgage-backed securities.
Analyst Views on KRE
Wall Street analysts forecast KRE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KRE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 69.930
Low
Averages
High
Current: 69.930
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
