First Foundation (NYSE:FFWM - Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($0.11), Zacks reports. First Foundation had a negative return on equity of 1.20% and a negative net margin of 15.29%. The company had revenue of $51.42 million for the quarter, compared to the consensus estimate of $64.50 million.
First Foundation Stock Performance
Shares of FFWM remained flat at $4.78 during midday trading on Monday. The stock had a trading volume of 104,943 shares, compared to its average volume of 725,250. First Foundation has a 12 month low of $4.41 and a 12 month high of $8.52. The company has a quick ratio of 0.89, a current ratio of 1.02 and a debt-to-equity ratio of 1.72. The firm has a market cap of $393.82 million, a PE ratio of -3.39 and a beta of 1.00. The business has a fifty day moving average of $5.24.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of First Foundation from a "sell" rating to a "hold" rating in a research report on Friday, June 27th.
Check Out Our Latest Research Report on First Foundation
First Foundation Company Profile
(
Get Free Report)
First Foundation Inc, through its subsidiaries, provides personal banking, business banking, and private wealth management services in the United States. It operates through two segments, Banking and Wealth Management. The company offers a range of bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal 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, and 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.
Further Reading
Before you consider First Foundation, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Foundation wasn't on the list.
While First Foundation currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.