NASDAQ:FFWM - First Foundation Stock Price, Forecast & News

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

First Foundation declared a quarterly dividend on Tuesday, January 28th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.07 per share on Monday, March 16th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Wednesday, March 4th. This is a boost from First Foundation's previous quarterly dividend of $0.05. View First Foundation's Dividend History.

First Foundation Inc (NASDAQ:FFWM) announced its earnings results on Wednesday, January, 29th. The bank reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.03. The bank had revenue of $54.09 million for the quarter, compared to the consensus estimate of $52.80 million. First Foundation had a net margin of 19.36% and a return on equity of 9.59%. View First Foundation's Earnings History.

First Foundation is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for First Foundation.

1 brokerages have issued 12-month price objectives for First Foundation's shares. Their forecasts range from $21.00 to $21.00. On average, they anticipate First Foundation's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price. View Analyst Price Targets for First Foundation.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Foundation in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Foundation.

News articles about FFWM stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. First Foundation earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for First Foundation.

First Foundation saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 470,400 shares, a drop of 5.9% from the January 15th total of 500,000 shares. Based on an average daily volume of 93,900 shares, the days-to-cover ratio is currently 5.0 days. Currently, 1.2% of the shares of the stock are sold short. View First Foundation's Current Options Chain.

Some companies that are related to First Foundation include Bancorpsouth Bank (BXS), CVB Financial (CVBF), Cathay General Bancorp (CATY), Texas Capital Bancshares (TCBI), Ameris Bancorp (ABCB), Columbia Banking System (COLB), International Bancshares (IBOC), South State (SSB), Independent Bank (INDB), First Interstate Bancsystem (FIBK), Independent Bank Group (IBTX), United Community Banks (UCBI), ServisFirst Bancshares (SFBS), Hilltop (HTH) and TowneBank (TOWN).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Foundation investors own include Square (SQ), Century Aluminum (CENX), Advanced Micro Devices (AMD), Corcept Therapeutics (CORT), Gilead Sciences (GILD), Huntington Bancshares (HBAN), People's United Financial (PBCT), Pattern Energy Group (PEGI), RealReal (REAL) and SVMK (SVMK).

First Foundation's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (8.99%), Russell Investments Group Ltd. (2.51%), State Street Corp (1.93%), Goldman Sachs Group Inc. (1.87%), Jennison Associates LLC (1.30%) and Royce & Associates LP (0.89%). Company insiders that own First Foundation stock include David G Lake, Diane M Rubin, Gerald L Larsen, Jacob Sonenshine, James G Brakke, John Hakopian, John Michel, Max Briggs, Scott F Kavanaugh, Ulrich E Keller Jr and Warren D Fix. View Institutional Ownership Trends for First Foundation.

FFWM stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Royce & Associates LP, IndexIQ Advisors LLC, RMB Capital Management LLC, Mesirow Financial Investment Management Inc., Bank of America Corp DE, Victory Capital Management Inc. and Renaissance Technologies LLC. 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 for First Foundation.

FFWM stock was bought by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Russell Investments Group Ltd., Panagora Asset Management Inc., Bank of New York Mellon Corp, Nicholas Investment Partners LP, Chicago Equity Partners LLC, State Street Corp and Globeflex Capital L P. Company insiders that have bought First Foundation stock in the last two years include David G Lake, Diane M Rubin, James G Brakke and Max Briggs. View Insider Buying and Selling for 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.

One share of FFWM stock can currently be purchased for approximately $17.12.

First Foundation has a market capitalization of $764.41 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.View Additional Information About First Foundation.

The official website for First Foundation is http://www.firstfoundationinc.com/.

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]