DA Davidson Predicts Stronger Earnings for First Foundation

First Foundation Inc. (NASDAQ:FFWM - Free Report) - Equities research analysts at DA Davidson raised their FY2026 earnings estimates for shares of First Foundation in a research note issued on Monday, September 29th. DA Davidson analyst G. Tenner now forecasts that the bank will post earnings of $0.43 per share for the year, up from their previous estimate of $0.39. The consensus estimate for First Foundation's current full-year earnings is $0.28 per share.

Separately, Piper Sandler dropped their price objective on shares of First Foundation from $6.00 to $5.50 and set a "neutral" rating on the stock in a report on Friday, August 1st. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $6.25.

First Foundation Stock Down 2.5%

NASDAQ:FFWM opened at $5.60 on Tuesday. The company has a market cap of $460.95 million, a PE ratio of -4.18 and a beta of 1.04. First Foundation has a twelve month low of $4.41 and a twelve month high of $8.52. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 1.80. The company's 50 day moving average is $5.55 and its two-hundred day moving average is $5.29.

Institutional Trading of First Foundation

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in First Foundation by 8.3% during the first quarter. Vanguard Group Inc. now owns 4,141,752 shares of the bank's stock worth $21,496,000 after buying an additional 316,949 shares in the last quarter. Geode Capital Management LLC boosted its holdings in First Foundation by 0.5% during the second quarter. Geode Capital Management LLC now owns 1,648,635 shares of the bank's stock worth $8,410,000 after buying an additional 8,002 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in First Foundation by 11.0% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 1,603,952 shares of the bank's stock worth $8,325,000 after buying an additional 159,570 shares in the last quarter. FJ Capital Management LLC boosted its holdings in First Foundation by 964.2% during the second quarter. FJ Capital Management LLC now owns 1,478,574 shares of the bank's stock worth $7,541,000 after buying an additional 1,339,637 shares in the last quarter. Finally, Royce & Associates LP boosted its holdings in First Foundation by 13.7% during the first quarter. Royce & Associates LP now owns 1,452,919 shares of the bank's stock worth $7,541,000 after buying an additional 175,300 shares in the last quarter. 73.10% of the stock is owned by hedge funds and other institutional investors.

About First Foundation

First Foundation Inc, through its subsidiaries, provides banking services, investment advisory, wealth management, and trust services to individuals, businesses, and other organizations in the United States. The company operates in two segments, Banking and Wealth Management. It offers a range of deposit products, including personal and business checking accounts, savings accounts, interest-bearing demand deposit accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, commercial term loans, and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits.

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