NASDAQ:FFWM

First Foundation Stock Forecast, Price & News

$20.76

-0.04 (-0.19 %)

(As of 01/22/2021 01:51 PM ET)

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Today's Range

$20.43

Now: $20.76▼

$20.94

50-Day Range

$18.42

MA: $20.11▼

$21.64

52-Week Range

$8.01

Now: $20.76▼

$22.11

Volume3,784 shs

Average Volume156,860 shs

Market Capitalization$926.44 million

P/E Ratio12.07

Dividend Yield1.31%

Beta1.54

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 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 20 branch offices and 2 loan production offices in California, Nevada, and Hawaii. The company was founded in 1985 and is headquartered in Irvine, California.

MarketRank^™

Overall MarketRank^™

1.51 out of 5 stars

Finance Sector

655th out of 1,934 stocks

State Commercial Banks Industry

145th out of 309 stocks

1.5 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 $19.00, First Foundation has a forecasted downside of 9.3% from its current price of $20.94.
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 260 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Foundation has received 296 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Foundation has received 53.24% “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.

1.7 Dividend Strength

Dividend Yield
First Foundation has a dividend yield of 1.31%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Foundation does not have a long track record of dividend growth.
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 15.47% next year. This indicates that First Foundation will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Foundation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $965,799.00 in company stock.
Percentage Held by Insiders
Only 13.90% of the stock of First Foundation is held by insiders.
Percentage Held by Institutions
61.20% of the stock of First Foundation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for First Foundation are expected to decrease by -1.09% in the coming year, from $1.83 to $1.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Foundation is 12.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Foundation is 12.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.91.
Price to Book Value per Share Ratio
First Foundation has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees424

Debt

Debt-to-Equity Ratio0.40

Current Ratio0.97

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio12.07

Forward P/E Ratio11.34

P/E GrowthN/A

Sales & Book Value

Annual Sales$290.54 million

Price / Sales3.19

Cash Flow$1.28 per share

Price / Cash Flow16.20

Book Value$13.75 per share

Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$1.25

Net Income$56.24 million

Net Margins25.59%

Return on Equity12.10%

Return on Assets1.17%

Miscellaneous

Outstanding Shares44,626,000

Market Cap$926.44 million

Next Earnings Date1/26/2021 (Confirmed)

OptionableNot Optionable

$20.76

-0.04 (-0.19 %)

(As of 01/22/2021 01:51 PM 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 price been impacted by Coronavirus?

First Foundation's stock was trading at $12.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FFWM shares have increased by 69.6% and is now trading at $20.76.
View which stocks have been most impacted by COVID-19.

Is First Foundation a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Foundation in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" First Foundation stock.
View analyst ratings for First Foundation or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than First Foundation?

Wall Street analysts have given First Foundation a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Foundation wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as First Foundation's CEO?

1,448 employees have rated First Foundation CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among First Foundation's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is First Foundation's next earnings date?

First Foundation is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for First Foundation.

How can I listen to First Foundation's earnings call?

First Foundation will be holding an earnings conference call on Tuesday, January 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were First Foundation's earnings last quarter?

First Foundation Inc. (NASDAQ:FFWM) posted its quarterly earnings results on Tuesday, October, 27th. The bank reported $0.69 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.19. The bank had revenue of $75.26 million for the quarter, compared to analyst estimates of $65.47 million. First Foundation had a net margin of 25.59% and a return on equity of 12.10%.
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, October 27th. Investors of record on Monday, November 9th will be given a dividend of $0.07 per share on Tuesday, November 17th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date is Friday, November 6th.
View First Foundation's dividend history.

Is First Foundation a good dividend stock?

First Foundation pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.31%. The dividend payout ratio of First Foundation is 22.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Foundation will have a dividend payout ratio of 15.47% next year. This indicates that First Foundation will be able to sustain or increase its dividend.
View First Foundation's dividend history.

What price target have analysts set for FFWM?

4 Wall Street analysts have issued twelve-month price targets for First Foundation's shares. Their forecasts range from $13.00 to $26.00. On average, they expect First Foundation's share price to reach $19.00 in the next twelve months. This suggests that the stock has a possible downside of 8.5%.
View analysts' price targets for First Foundation or view Wall Street analyst' top-rated stocks.

Who are some of First Foundation's key competitors?

Some companies that are related to First Foundation include Home Bancshares, Inc. (Conway, AR) (HOMB), Texas Capital Bancshares (TCBI), First Hawaiian (FHB), Pacific Premier Bancorp (PPBI), Bank of Hawaii (BOH), Hancock Whitney (HWC), BancorpSouth Bank (BXS), Ameris Bancorp (ABCB), Associated Banc (ASB), Columbia Banking System (COLB), Hilltop (HTH), Investors Bancorp (ISBC), CVB Financial (CVBF), Independent Bank Group (IBTX) and Cathay General Bancorp (CATY).
View all of FFWM's 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 Co. & (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 65, Pay $887k)
Mr. Scott Farris K. Kavanaugh, CEO & Vice Chairman (Age 60, Pay $1.65M)
Mr. David S. DePillo, Pres (Age 60, Pay $1.23M)
Mr. Kevin Lewis Thompson, Exec. VP & CFO (Age 48)
Mr. Adriano S. Darmawan, CTO & Exec. VP
Mr. Robert E. Sjogren J.D., Gen. Counsel & Sec.
Mr. Tyler J. Resh, Director of Marketing & Strategy
Mr. Curt Freeman, Sr. VP and Construction Products Mang.
Mr. Tony Fire, Sr. VP
Mr. Manjit Dhillon, Sr. VP

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 investors include Chesley Taft & Associates LLC (0.04%). Company insiders that own First Foundation stock include David G Lake, David S Depillo, Diane M Rubin, Elizabeth A Pagliarini, John Michel, Mitchell M Rosenberg, Scott F Kavanaugh and Ulrich E Keller Jr.
View institutional ownership trends for First Foundation.

Which major investors are selling First Foundation stock?

FFWM stock was sold by a variety of institutional investors in the last quarter, including Chesley Taft & Associates LLC. Company insiders that have sold First Foundation company stock in the last year include John Michel, Mitchell M Rosenberg, and Ulrich E Keller Jr.
View insider buying and selling activity for First Foundation or view top insider-selling stocks.

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 WeBull, 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 $20.76.

How big of a company is First Foundation?

First Foundation has a market capitalization of $926.44 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 424 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 1/22/2021 by MarketBeat.com Staff

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