First Foundation - FFWM Stock Forecast, Price & News

4 Wall Street research 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 research 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 1 year price targets for First Foundation's shares. Their FFWM share price forecasts range from $16.00 to $23.00. On average, they predict the company's share price to reach $18.75 in the next twelve months. This suggests a possible upside of 151.7% 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 beginning of 2023. Since then, FFWM stock has decreased by 48.0% and is now trading at $7.45.
View the best growth stocks for 2023 here.

First Foundation saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 835,500 shares, a drop of 7.5% from the February 28th total of 903,100 shares. Based on an average trading volume of 693,900 shares, the days-to-cover ratio is currently 1.2 days.
View First Foundation's Short Interest.

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

First Foundation Inc. (NASDAQ:FFWM) announced its quarterly earnings results on Thursday, January, 26th. The bank reported $0.35 EPS for the quarter, topping the consensus estimate of $0.31 by $0.04. The bank had revenue of $81.94 million for the quarter, compared to analysts' expectations of $94.93 million. First Foundation had a net margin of 24.44% and a trailing twelve-month return on equity of 10.18%.

First Foundation declared a quarterly dividend on Thursday, January 26th. Investors of record on Monday, February 6th will be paid a dividend of $0.11 per share on Thursday, February 16th. This represents a $0.44 annualized dividend and a dividend yield of 5.91%. The ex-dividend date is Friday, February 3rd.
Read our dividend analysis for FFWM.

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

First Foundation (NASDAQ:FFWM) pays an annual dividend of $0.44 per share and currently has a dividend yield of 5.88%. FFWM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FFWM will have a dividend payout ratio of 27.33% 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 many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.11%), Macquarie Group Ltd. (3.28%), Banc Funds Co. LLC (2.31%), Geode Capital Management LLC (1.72%), rhino investment partners Inc (1.19%) and AQR Capital Management LLC (1.11%). Insiders that own company stock include Amy Djou, Christopher M Naghibi, David S Depillo, Diane M Rubin, Elizabeth A Pagliarini, John Hakopian, 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 $7.45.

First Foundation (NASDAQ:FFWM) has a market capitalization of $419.81 million and generates $452.11 million in revenue each year. The bank earns $110.51 million in net income (profit) each year or $1.96 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.