NASDAQ:FFWM

First Foundation - FFWM Stock Forecast, Price & News

$15.79

+0.06 (+0.38%)

(As of 01/26/2023 12:00 AM ET)

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Today's Range: $15.10
▼
$16.22
50-Day Range: $13.59
▼
$15.79
52-Week Range: $13.17
▼
$27.32

Volume: 680,592 shs
Average Volume: 413,641 shs
Market Capitalization: $890.37 million

P/E Ratio: 7.31
Dividend Yield: 2.80%
Price Target: $22.10

Institutional Ownership

First Foundation MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 40.0% Upside
$22.10 Price Target
Short Interest: Healthy
1.68% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.33
Upright™ Environmental Score
News Sentiment: 0.37
Based on 8 Articles This Week
Insider Trading: Acquiring Shares
$174,655 Bought Last Quarter
Proj. Earnings Growth: -37.44%
From $1.95 to $1.22 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.92 out of 5 stars

Finance Sector

119th out of 891 stocks

State Commercial Banks Industry

26th out of 188 stocks

3.3

Analyst's Opinion

Consensus Rating
First Foundation has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $22.10, First Foundation has a forecasted upside of 40.0% from its current price of $15.79.
Amount of Analyst Coverage
First Foundation has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.68% of the outstanding shares of First Foundation have been sold short.
Short Interest Ratio / Days to Cover
First Foundation has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First Foundation has recently decreased by 2.89%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
First Foundation pays a meaningful dividend of 2.80%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Foundation has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of First Foundation is 20.37%. 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 36.07% next year. This indicates that First Foundation will be able to sustain or increase its dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
First Foundation has received a 31.94% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Wire transfer services", "Mortgages provided by brick and mortar banks", "Debit cards", "Consumer savings accounts provided by brick and mortar banks", "Credit cards", and "Consumer transaction accounts provided by brick and mortar banks" products. See details.
Environmental Sustainability
The Environmental Impact score for First Foundation is -0.33.

1.9

News and Social Media Coverage

News Sentiment
First Foundation has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for First Foundation this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for FFWM on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added First Foundation to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Foundation insiders have bought more of their company's stock than they have sold. Specifically, they have bought $174,655.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
10.20% of the stock of First Foundation is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
69.33% of the stock of First Foundation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for First Foundation are expected to decrease by -37.44% in the coming year, from $1.95 to $1.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Foundation is 7.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Foundation is 7.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.45.
Price to Book Value per Share Ratio
First Foundation has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About First Foundation (NASDAQ:FFWM) Stock

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. It also provides various specialized services comprising trust services, internet and mobile 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 28 branch offices and 3 loan production offices in California, Nevada, Texas, and Hawaii. First Foundation Inc. was founded in 1985 and is headquartered in Dallas, Texas.

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FFWM Stock News Headlines

January 26, 2023 | seekingalpha.com

First Foundation Inc. (FFWM) Q4 2022 Earnings Call Transcript

January 26, 2023 | msn.com

First Foundation Non-GAAP EPS of $0.35 beats by $0.04, revenue of $81.9M misses by $13.95M

January 27, 2023 | Porter & Company (Ad)

Is This The End of Capitalism?

EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…

January 26, 2023 | finance.yahoo.com

First Foundation (FFWM) Q4 Earnings Surpass Estimates

January 25, 2023 | benzinga.com

FOUNDATION FOR FINANCIAL PLANNING ANNOUNCES 2023 GRANT RECIPIENTS

January 20, 2023 | finance.yahoo.com

Activist investor nominates 2 candidates to sit on First Foundation Bank board

January 20, 2023 | finance.yahoo.com

Activist hedge fund Driver Management steps up pressure on First Foundation on board candidates

January 13, 2023 | markets.businessinsider.com

Autism Science Foundation Awards First Round of Profound Autism Pilot Grants

January 27, 2023 | Porter & Company (Ad)

Is This The End of Capitalism?

EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…

December 31, 2022 | msn.com

Wichita Falls Area Community Foundation welcomes new board members

December 29, 2022 | finance.yahoo.com

First Foundation bank review 2022: Offers numerous deposit accounts, and competitive APY. But the requirements are steep

December 29, 2022 | msn.com

2022 First Foundation review

December 27, 2022 | finance.yahoo.com

Investors in First Foundation (NASDAQ:FFWM) have unfortunately lost 43% over the last year

December 15, 2022 | msn.com

College Matters | CR Foundation awards first round grants

December 6, 2022 | finance.yahoo.com

First Foundation Inc. Announces Senior Leadership Appointments

December 1, 2022 | benzinga.com

First Foundation Insider Trades Send a Signal

November 30, 2022 | finance.yahoo.com

First Foundation Inc. Awards 45 Nonprofits through Its ‘Supporting Our Communities’ Grant Program on GivingTuesday

November 30, 2022 | finance.yahoo.com

Insider Buying: The First Foundation Inc. (NASDAQ:FFWM) Independent Director Just Bought 42% More Shares

November 21, 2022 | seekingalpha.com

First Foundation announces CEO Scott Kavanaugh named President of two wholly-owned operating subsidiaries

November 21, 2022 | finance.yahoo.com

First Foundation Inc. Announces Senior Management Appointments

November 11, 2022 | finance.yahoo.com

First Foundation Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS In Line

November 8, 2022 | marketwatch.com

First Foundation President David DePillo Resigns >FFWM

November 8, 2022 | finance.yahoo.com

First Foundation Inc. Announces Senior Management Transition

October 31, 2022 | finance.yahoo.com

Yahoo Finance

October 25, 2022 | seekingalpha.com

First Foundation Inc. (FFWM) Q3 2022 Earnings Call Transcript

October 25, 2022 | msn.com

Recap: First Foundation Q3 Earnings

October 25, 2022 | finance.yahoo.com

First Foundation Inc. Reports Third Quarter 2022 Financial Results

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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FFWM Company Calendar

Last Earnings: 10/26/2021
Ex-Dividend for 11/17 Dividend: 11/04/2022
Dividend Payable: 11/17/2022
Today: 1/26/2023
Next Earnings (Confirmed): 1/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:FFWM
CUSIP: N/A
CIK: 1413837
Web: www.firstfoundationinc.com
Phone: (949) 202-4160
Fax: N/A
Employees: 674
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $22.10
High Stock Price Forecast: $32.00
Low Stock Price Forecast: $17.50
Forecasted Upside/Downside: +40.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.16
Trailing P/E Ratio: 7.31
Forward P/E Ratio: 8.10
P/E Growth: N/A
Net Income: $109.51 million
Net Margins: 29.45%
Pretax Margin: 40.56%
Return on Equity: 10.71%
Return on Assets: 1.06%

Debt

Debt-to-Equity Ratio: 1.33
Current Ratio: 1.09
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $317.67 million
Price / Sales: 2.80
Cash Flow: $2.64 per share
Price / Cash Flow: 5.97
Book Value: $23.61 per share
Price / Book: 0.67

Miscellaneous

Outstanding Shares: 56,388,000
Free Float: 50,636,000
Market Cap: $890.37 million
Optionable: Not Optionable
Beta: 0.95

Key Executives

Mr. Ulrich Emanuel Keller Jr. (Age 67)
CFP, CFP, Exec. Chairman
Comp: $946k

Mr. Scott Farris Kavanaugh (Age 62)
CEO, Pres & Vice Chairman
Comp: $2M

Ms. Amy Djou
Exec. VP & Interim CFO

Mr. Christopher M. Naghibi Esq. (Age 43)
Exec. VP & COO

Mr. Adriano S. Darmawan
CTO & Exec. VP

Mr. Mark Gordon
Exec. VP & Chief Admin. Officer

Ms. Kelly Rentzel
Exec. VP, Gen. Counsel & Corp. Sec.

Shannon M Wherry
VP & Director of Communications

Mr. Tyler J. Resh
Director of Marketing & Strategy

Lisa Carlson
Exec. VP & CHRO

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FFWM Stock - Frequently Asked Questions

Should I buy or sell First Foundation stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Foundation in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FFWM shares.
View FFWM analyst ratings or view top-rated stocks.
What is First Foundation's stock price forecast for 2023?: 4 brokerages have issued twelve-month target prices for First Foundation's stock. Their FFWM share price forecasts range from $17.50 to $32.00. On average, they predict the company's stock price to reach $22.10 in the next year. This suggests a possible upside of 40.0% from the stock's current price.
View analysts price targets for FFWM or view top-rated stocks among Wall Street analysts.
How have FFWM shares performed in 2023?: First Foundation's stock was trading at $14.33 on January 1st, 2023. Since then, FFWM shares have increased by 10.2% and is now trading at $15.79.
View the best growth stocks for 2023 here.
When is First Foundation's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our FFWM earnings forecast.
How were First Foundation's earnings last quarter?: First Foundation Inc. (NASDAQ:FFWM) released its earnings results on Tuesday, October, 26th. The bank reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.19. The bank had revenue of $89.87 million for the quarter, compared to analyst estimates of $77.52 million. First Foundation had a trailing twelve-month return on equity of 10.71% and a net margin of 29.45%. During the same quarter in the prior year, the business posted $0.69 earnings per share.
How often does First Foundation pay dividends? What is the dividend yield for First Foundation?: First Foundation declared a quarterly dividend on Tuesday, October 25th. Stockholders of record on Monday, November 7th will be given a dividend of $0.11 per share on Thursday, November 17th. This represents a $0.44 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Friday, November 4th.
Read our dividend analysis for FFWM.

Is First Foundation a good dividend stock?: First Foundation (NASDAQ:FFWM) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.80%. 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 20.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FFWM will have a dividend payout ratio of 36.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FFWM.
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 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).
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 many different retail and institutional investors. Top institutional shareholders include Phocas Financial Corp. (0.43%), Wesbanco Bank Inc. (0.25%), Strs Ohio (0.08%), Chesley Taft & Associates LLC (0.03%), Cooper Financial Group (0.03%) and Western Financial Corp CA (0.02%). Insiders that own company stock include David G Lake, David S Depillo, Diane M Rubin, Elizabeth A Pagliarini, John Hakopian, John Michel, Mitchell M Rosenberg, Sandra I Coufal, Scott F Kavanaugh, Ulrich E Keller Jr and Ulrich E Keller, Jr.
View institutional ownership trends.
How do I buy shares of First Foundation?: 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.
Compare Top Brokerages Here.
What is First Foundation's stock price today?: One share of FFWM stock can currently be purchased for approximately $15.79.
How much money does First Foundation make?: First Foundation (NASDAQ:FFWM) has a market capitalization of $890.37 million and generates $317.67 million in revenue each year. The bank earns $109.51 million in net income (profit) each year or $2.16 on an earnings per share basis.
How many employees does First Foundation have?: The company employs 674 workers across the globe.
How can I contact First Foundation?: 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 (949) 202-4160 or via email at jmichel@ff-inc.com.

This page (NASDAQ:FFWM) was last updated on 1/27/2023 by MarketBeat.com Staff

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First Foundation - FFWM Stock Forecast, Price & News

First Foundation MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About First Foundation (NASDAQ:FFWM) Stock

FFWM Stock News Headlines

FFWM Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FFWM Stock - Frequently Asked Questions

Overall MarketRank^™