Zacks Research Issues Pessimistic Estimate for FAF Earnings

First American Financial Corporation (NYSE:FAF - Free Report) - Analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for First American Financial in a note issued to investors on Wednesday, July 9th. Zacks Research analyst T. De now expects that the insurance provider will earn $1.68 per share for the quarter, down from their prior forecast of $1.69. The consensus estimate for First American Financial's current full-year earnings is $5.35 per share. Zacks Research also issued estimates for First American Financial's FY2026 earnings at $6.08 EPS and Q1 2027 earnings at $1.04 EPS.

Other analysts also recently issued reports about the stock. Wall Street Zen raised shares of First American Financial from a "hold" rating to a "buy" rating in a research note on Friday, June 27th. Keefe, Bruyette & Woods upped their price target on shares of First American Financial from $75.00 to $77.00 and gave the stock an "outperform" rating in a research note on Monday, April 28th. Finally, Barclays dropped their price target on shares of First American Financial from $72.00 to $70.00 and set an "equal weight" rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, First American Financial presently has an average rating of "Moderate Buy" and a consensus target price of $74.50.

First American Financial Stock Performance

Shares of NYSE:FAF opened at $56.64 on Friday. The stock has a fifty day moving average of $58.91 and a 200-day moving average of $61.30. First American Financial has a one year low of $53.09 and a one year high of $70.92. The company has a market capitalization of $5.83 billion, a PE ratio of 37.51 and a beta of 1.24.

First American Financial (NYSE:FAF - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The insurance provider reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.19. First American Financial had a return on equity of 10.05% and a net margin of 2.52%. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the firm earned $0.45 EPS. The company's quarterly revenue was up 11.1% compared to the same quarter last year.

Hedge Funds Weigh In On First American Financial

Hedge funds have recently bought and sold shares of the business. Alpine Bank Wealth Management bought a new stake in First American Financial during the first quarter valued at about $28,000. Richardson Capital Management LLC bought a new stake in First American Financial during the first quarter valued at about $39,000. Jones Financial Companies Lllp boosted its holdings in First American Financial by 57.6% during the fourth quarter. Jones Financial Companies Lllp now owns 670 shares of the insurance provider's stock valued at $42,000 after acquiring an additional 245 shares during the period. Versant Capital Management Inc boosted its holdings in First American Financial by 645.7% during the first quarter. Versant Capital Management Inc now owns 962 shares of the insurance provider's stock valued at $63,000 after acquiring an additional 833 shares during the period. Finally, Ransom Advisory Ltd bought a new stake in First American Financial during the first quarter valued at about $66,000. 89.05% of the stock is owned by institutional investors and hedge funds.

First American Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 9th were given a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 3.81%. The ex-dividend date was Monday, June 9th. First American Financial's payout ratio is 143.05%.

About First American Financial

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally.

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