Finance of America Companies (NYSE:FOA - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Monday, May 5th. Analysts expect Finance of America Companies to post earnings of $0.37 per share and revenue of $79.56 million for the quarter.
Finance of America Companies (NYSE:FOA - Get Free Report) last issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.24). The firm had revenue of ($105.62) million for the quarter, compared to analysts' expectations of $80.61 million. Finance of America Companies had a net margin of 18.89% and a negative return on equity of 4.00%. On average, analysts expect Finance of America Companies to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Finance of America Companies Price Performance
Shares of NYSE FOA traded down $0.16 during midday trading on Friday, reaching $20.32. The stock had a trading volume of 55,350 shares, compared to its average volume of 84,331. The company has a debt-to-equity ratio of 40.07, a quick ratio of 2.80 and a current ratio of 2.80. Finance of America Companies has a 12-month low of $4.10 and a 12-month high of $32.40. The stock has a 50-day moving average of $20.78 and a 200-day moving average of $21.87. The company has a market capitalization of $217.71 million, a price-to-earnings ratio of 1.74 and a beta of 1.31.
Institutional Trading of Finance of America Companies
A hedge fund recently raised its stake in Finance of America Companies stock. Bank of America Corp DE boosted its stake in shares of Finance of America Companies Inc. (NYSE:FOA - Free Report) by 3,503.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,306 shares of the company's stock after acquiring an additional 2,242 shares during the quarter. Bank of America Corp DE's holdings in Finance of America Companies were worth $65,000 as of its most recent SEC filing. 97.20% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. UBS Group lowered their price objective on Finance of America Companies from $25.00 to $22.50 and set a "neutral" rating on the stock in a research report on Wednesday, April 16th. Raymond James boosted their price target on Finance of America Companies from $27.00 to $30.00 and gave the stock an "outperform" rating in a report on Tuesday, March 25th.
Check Out Our Latest Stock Report on Finance of America Companies
About Finance of America Companies
(
Get Free Report)
Finance of America Companies Inc a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners.
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