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

First Foundation's stock was trading at $12.24 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FFWM shares have decreased by 14.5% and is now trading at $10.47. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Foundation in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for First Foundation.

First Foundation is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for First Foundation.

First Foundation will be holding an earnings conference call on Thursday, April 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

First Foundation Inc (NASDAQ:FFWM) posted its quarterly earnings data on Wednesday, January, 29th. The bank reported $0.34 EPS for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.03. The bank earned $54.09 million during the quarter, compared to analyst estimates of $52.80 million. First Foundation had a return on equity of 9.48% and a net margin of 19.36%. View First Foundation's earnings history.

First Foundation declared a quarterly dividend on Tuesday, January 28th. Investors 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 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Wednesday, March 4th. This is a positive change from First Foundation's previous quarterly dividend of $0.05. View First Foundation's dividend history.

2 analysts have issued 12-month target prices for First Foundation's stock. 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 62.4% from the stock's current price. View analysts' price targets for First Foundation.

News headlines about FFWM stock have been trending positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Foundation earned a news impact score of 2.4 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutFirst Foundation.

First Foundation saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 437,700 shares, an increase of 5.6% from the February 27th total of 414,300 shares. Based on an average daily volume of 168,500 shares, the short-interest ratio is currently 2.6 days. Approximately 1.1% of the shares of the company are sold short. View First Foundation's Current Options Chain.

Some companies that are related to First Foundation include First Interstate Bancsystem (FIBK), Columbia Banking System (COLB), Cathay General Bancorp (CATY), International Bancshares (IBOC), Ameris Bancorp (ABCB), ServisFirst Bancshares (SFBS), United Community Banks (UCBI), Hilltop (HTH), TowneBank (TOWN), Renasant (RNST), Banner (BANR), Texas Capital Bancshares (TCBI), Great Western Bancorp (GWB), First Bancorp (FBP) and Heartland Financial USA (HTLF).

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), Primo Water (PRMW) and RealReal (REAL).

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

First Foundation's stock is owned by many different 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 Geode Capital Management LLC (1.21%). Company insiders that own First Foundation stock include David G Lake, Diane M Rubin, Elizabeth A Pagliarini, Gerald L Larsen, Jacob Sonenshine, James G Brakke, John Hakopian, John Michel, Max Briggs, Scott F Kavanaugh and Ulrich E Keller Jr. View institutional ownership trends for First Foundation.

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

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, Kennedy Capital Management Inc., and Nuveen Asset Management LLC. Company insiders that have bought First Foundation stock in the last two years include David G Lake, Diane M Rubin, Elizabeth A Pagliarini, James G Brakke, Max Briggs, and Scott F Kavanaugh. View insider buying and selling activity 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 $10.47.

First Foundation has a market capitalization of $468.64 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]