NASDAQ:FFWM

First Foundation Stock Forecast, Price & News

$13.45

-0.84 (-5.88 %)

(As of 09/21/2020 12:00 AM ET)

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Today's Range

$13.29

Now: $13.45▼

$14.63

50-Day Range

$14.29

MA: $15.37▼

$16.63

52-Week Range

$8.01

Now: $13.45▼

$17.64

Volume191,708 shs

Average Volume184,659 shs

Market Capitalization$600.22 million

P/E Ratio9.47

Dividend Yield1.96%

Beta1.42

First Foundation Inc., through its subsidiaries, provides financial services to individuals, businesses, and other organizations in the United States. It operates in two segments, Banking; and Investment Management and Wealth Planning. 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 certificates of deposit; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and lines of credit, as well as consumer loans, such as personal installment loans and lines of credit, and home equity lines of credit. It also provides various specialized services comprising trust services, online banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services and equipment financing solutions. In addition, the company offers investment management and financial planning services; treasury management services; advisory and coordination services in the areas of estate planning, retirement planning, and charitable and business ownership issues; and financial, investment, and economic advisory and related services. Further, it provides support services, including the processing and transmission of financial and economic data for charitable organizations. The company operates through a network of 20 branch offices and 2 loan production offices in California, Nevada, and Hawaii. The company was founded in 1990 and is headquartered in Irvine, California.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
First Foundation has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.00, First Foundation has a forecasted upside of 26.4% from its current price of $13.45.
Amount of Analyst Coverage
First Foundation has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
First Foundation has received 252 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Foundation has received 286 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Foundation has received 53.16% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Foundation and other stocks. Vote “Outperform” if you believe FFWM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FFWM will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
First Foundation pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Foundation has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of First Foundation is 22.40%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Foundation will have a dividend payout ratio of 16.87% next year. This indicates that First Foundation will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Foundation insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 13.10% of the stock of First Foundation is held by insiders.
Percentage Held by Institutions
62.13% of the stock of First Foundation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for First Foundation are expected to grow by 0.61% in the coming year, from $1.65 to $1.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Foundation is 9.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.37.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Foundation is 9.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.00.
Price to Book Value per Share Ratio
First Foundation has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.36 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:FFWM

Previous Symbol

CUSIPN/A

CIK1413837

Webwww.firstfoundationinc.com

Phone949-202-4160

Debt

Debt-to-Equity Ratio1.20

Current Ratio1.05

Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio9.47

Forward P/E Ratio8.15

P/E GrowthN/A

Sales & Book Value

Annual Sales$290.54 million

Price / Sales2.07

Cash Flow$1.17 per share

Price / Cash Flow11.51

Book Value$13.75 per share

Price / Book0.98

Profitability

EPS (Most Recent Fiscal Year)$1.25

Net Income$56.24 million

Net Margins21.72%

Return on Equity10.26%

Return on Assets0.97%

Miscellaneous

Employees483

Outstanding Shares44,626,000

Market Cap$600.22 million

Next Earnings Date10/27/2020 (Estimated)

OptionableNot Optionable

$13.45

-0.84 (-5.88 %)

(As of 09/21/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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First Foundation (NASDAQ:FFWM) Frequently Asked Questions

How has First Foundation's stock been impacted by COVID-19 (Coronavirus)?

First Foundation's stock was trading at $12.24 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FFWM stock has increased by 9.9% and is now trading at $13.45.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of First Foundation?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Foundation in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for First Foundation.

When is First Foundation's next earnings date?

First Foundation is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for First Foundation.

How were First Foundation's earnings last quarter?

First Foundation Inc (NASDAQ:FFWM) released its earnings results on Tuesday, July, 21st. The bank reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.04. The bank earned $57.42 million during the quarter, compared to the consensus estimate of $56.73 million. First Foundation had a return on equity of 10.26% and a net margin of 21.72%.
View First Foundation's earnings history.

How often does First Foundation pay dividends? What is the dividend yield for First Foundation?

First Foundation announced a quarterly dividend on Tuesday, July 21st. Investors of record on Friday, July 24th will be given a dividend of $0.07 per share on Friday, August 7th. This represents a $0.28 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Thursday, July 23rd.
View First Foundation's dividend history.

What price target have analysts set for FFWM?

4 analysts have issued twelve-month price targets for First Foundation's shares. Their forecasts range from $13.00 to $21.00. On average, they anticipate First Foundation's share price to reach $17.00 in the next year. This suggests a possible upside of 26.4% from the stock's current price.
View analysts' price targets for First Foundation.

Who are some of First Foundation's key competitors?

Some companies that are related to First Foundation include Wintrust Financial (WTFC), CVB Financial (CVBF), First Interstate Bancsystem (FIBK), Bancorpsouth Bank (BXS), Bank of Hawaii (BOH), First Hawaiian (FHB), Associated Banc (ASB), Pacific Premier Bancorp (PPBI), Independent Bank Group (IBTX), Investors Bancorp (ISBC), ServisFirst Bancshares (SFBS), Independent Bank (INDB), Columbia Banking System (COLB), Cathay General Bancorp (CATY) and International Bancshares (IBOC).
View all competitors.

What other stocks do shareholders of First Foundation own?

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

Who are First Foundation's key executives?

First Foundation's management team includes the following people:

Mr. Ulrich Emanuel Keller Jr., CFP, CFP, Exec. Chairman (Age 63)
Mr. Scott Farris Kavanaugh, Vice Chairman & CEO (Age 58)
Mr. John Matthias Michel, Exec. VP & CFO (Age 59)
Mr. David S. DePillo, Pres of First Foundation Bank (Age 58)

What is First Foundation's stock symbol?

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

Who are First Foundation's major shareholders?

First Foundation's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (7.45%), Vanguard Group Inc. (4.29%), Russell Investments Group Ltd. (3.22%), Banc Funds Co. LLC (2.56%), Azora Capital LP (2.36%) and Jennison Associates LLC (2.28%). Company insiders that own First Foundation stock include David G Lake, David S Depillo, Diane M Rubin, Elizabeth A Pagliarini, John Hakopian, John Michel, Scott F Kavanaugh and Ulrich E Keller Jr.
View institutional ownership trends for First Foundation.

Which institutional investors are selling First Foundation stock?

FFWM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Banc Funds Co. LLC, Mackay Shields LLC, Globeflex Capital L P, Azora Capital LP, Whittier Trust Co., Chesley Taft & Associates LLC, and Charles Schwab Investment Management Inc.. Company insiders that have sold First Foundation company stock in the last year include John Michel, and Ulrich E Keller Jr.
View insider buying and selling activity for First Foundation.

Which institutional investors are buying First Foundation stock?

FFWM stock was purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Principal Financial Group Inc., Principal Financial Group Inc., Russell Investments Group Ltd., Jennison Associates LLC, Elizabeth Park Capital Advisors Ltd., Balyasny Asset Management LLC, and Federated Hermes Inc.. Company insiders that have bought First Foundation stock in the last two years include David G Lake, David S Depillo, Diane M Rubin, Elizabeth A Pagliarini, and Scott F Kavanaugh.
View insider buying and selling activity for First Foundation.

How do I buy shares of First Foundation?

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

What is First Foundation's stock price today?

One share of FFWM stock can currently be purchased for approximately $13.45.

How big of a company is First Foundation?

First Foundation has a market capitalization of $600.22 million and generates $290.54 million in revenue each year. The bank earns $56.24 million in net income (profit) each year or $1.25 on an earnings per share basis. First Foundation employs 483 workers across the globe.

What is First Foundation's official website?

The official website for First Foundation is www.firstfoundationinc.com.

How can I contact First Foundation?

First Foundation's mailing address is 18101 VON KARMAN AVE SUITE 700, IRVINE CA, 92612. The bank can be reached via phone at 949-202-4160 or via email at [email protected]

This page was last updated on 9/21/2020 by MarketBeat.com Staff

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