First Foundation (FFWM) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Foundation in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FFWM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FFWM, but not buy additional shares or sell existing shares.
View FFWM analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued twelve-month price targets for First Foundation's stock. Their FFWM share price forecasts range from $8.00 to $23.00. On average, they anticipate the company's share price to reach $14.90 in the next twelve months. This suggests a possible upside of 192.2% from the stock's current price.
View analysts price targets for FFWM or view top-rated stocks among Wall Street analysts.

First Foundation's stock was trading at $14.33 at the start of the year. Since then, FFWM shares have decreased by 64.4% and is now trading at $5.10.
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First Foundation saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,420,000 shares, an increase of 63.6% from the April 30th total of 2,090,000 shares. Based on an average trading volume of 1,270,000 shares, the days-to-cover ratio is presently 2.7 days.
View First Foundation's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our FFWM earnings forecast.

First Foundation Inc. (NASDAQ:FFWM) issued its quarterly earnings data on Thursday, April, 27th. The bank reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.02. The bank had revenue of $70.45 million for the quarter, compared to the consensus estimate of $77.17 million. First Foundation had a net margin of 17.42% and a trailing twelve-month return on equity of 8.07%.

First Foundation declared a quarterly dividend on Thursday, April 27th. Stockholders of record on Monday, May 8th will be paid a dividend of $0.02 per share on Friday, May 19th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Friday, May 5th.
Read our dividend analysis for FFWM.

ETFs with the largest weight of First Foundation (NASDAQ:FFWM) stock in their portfolio include First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), First Trust Small Cap Value AlphaDEX Fund (FYT), SPDR S&P Regional Banking ETF (KRE), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Direxion Daily Regional Banks Bull 3X Shares (DPST) and Janus Henderson Small Cap Growth Alpha ETF (JSML).

First Foundation (NASDAQ:FFWM) pays an annual dividend of $0.08 per share and currently has a dividend yield of 1.51%. The dividend payout ratio is 5.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FFWM will have a dividend payout ratio of 6.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FFWM.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Foundation investors own include Block (SQ), Gilead Sciences (GILD), Wells Fargo & Company (WFC), AbbVie (ABBV), Advanced Micro Devices (AMD), Carnival Co. & (CCL), Enbridge (ENB), Ford Motor (F), General Electric (GE) and Huntington Bancshares (HBAN).

First Foundation trades on the NASDAQ under the ticker symbol "FFWM."

First Foundation's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (8.99%), BlackRock Inc. (7.85%), Dimensional Fund Advisors LP (4.39%), State Street Corp (3.27%), Azora Capital LP (3.05%) and First Trust Advisors LP (2.82%). Insiders that own company stock include Amy Djou, Christopher M Naghibi, Diane M Rubin, Elizabeth A Pagliarini, John Hakopian, Max Briggs, Mitchell M Rosenberg, Sandra I Coufal, Scott F Kavanaugh, Ulrich E Keller Jr and Ulrich E Keller, Jr.
View institutional ownership trends.

Shares of FFWM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FFWM stock can currently be purchased for approximately $5.10.

First Foundation (NASDAQ:FFWM) has a market capitalization of $287.74 million and generates $452.11 million in revenue each year. The bank earns $110.51 million in net income (profit) each year or $1.56 on an earnings per share basis.

The company employs 674 workers across the globe.

First Foundation's mailing address is 18101 VON KARMAN AVE SUITE 700, IRVINE CA, 92612. The official website for the company is www.firstfoundationinc.com. The bank can be reached via phone at (469) 638-9636 or via email at jmichel@ff-inc.com.