NASDAQ:FFWM

First Foundation - FFWM Stock Forecast, Price & News

$14.46

-0.03 (-0.21%)

(As of 12/9/2022 12:00 AM ET)

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Today's Range: $14.23
▼
$14.54
50-Day Range: $13.59
▼
$19.27
52-Week Range: $13.17
▼
$28.01

Volume: 417,036 shs
Average Volume: 280,210 shs
Market Capitalization: $815.37 million

P/E Ratio: 6.69
Dividend Yield: 3.04%
Price Target: $22.10

First Foundation MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 52.8% Upside
$22.10 Price Target
Short Interest: Healthy
1.28% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.34
Upright™ Environmental Score
News Sentiment: 0.92
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$174,655 Bought Last Quarter
Proj. Earnings Growth: -22.55%
From $2.04 to $1.58 Per Share

Overall MarketRank^™

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

3.15 out of 5 stars

Finance Sector

38th out of 889 stocks

State Commercial Banks Industry

10th out of 186 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 52.8% from its current price of $14.46.
Amount of Analyst Coverage
First Foundation has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.28% 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 2.5, 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 46.76%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
First Foundation pays a meaningful dividend of 3.04%, 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 27.85% 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 29.43% 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 -0.34.

3.3

News and Social Media Coverage

News Sentiment
First Foundation has a news sentiment score of 0.92. 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 higher news sentiment than the 0.56 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for First Foundation this week, compared to 1 article on an average week.
Search Interest
3 people have searched for FFWM on MarketBeat in the last 30 days. This is an increase of 200% 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 0% 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
69.58% 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 -22.55% in the coming year, from $2.04 to $1.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Foundation is 6.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Foundation is 6.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 176.33.
Price to Book Value per Share Ratio
First Foundation has a P/B Ratio of 0.61. 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

December 6, 2022 | finance.yahoo.com

First Foundation Inc. Announces Senior Leadership Appointments

December 2, 2022 | americanbankingnews.com

Scott F. Kavanaugh Buys 7,200 Shares of First Foundation Inc. (NASDAQ:FFWM) Stock

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 30, 2022 | americanbankingnews.com

Elizabeth A. Pagliarini Purchases 5,471 Shares of First Foundation Inc. (NASDAQ:FFWM) Stock

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

October 18, 2022 | msn.com

First Tee holding first annual Ball Drop fundraiser in Baton Rouge

October 18, 2022 | finance.yahoo.com

Analysts Estimate First Foundation (FFWM) to Report a Decline in Earnings: What to Look Out for

October 6, 2022 | finance.yahoo.com

First Foundation Inc. Announces Third Quarter 2022 Earnings Conference Call Details

October 3, 2022 | benzinga.com

First Foundation Inc. Named to Piper Sandler's Sm-All Stars: Class of 2022

October 3, 2022 | finance.yahoo.com

First Foundation Inc. Named to Piper Sandler’s Sm-All Stars: Class of 2022

October 2, 2022 | marketwatch.com

Women's Foundation of the South to Host Crescendeaux Its First-Ever Fundraising Event to Full Fanfare

September 28, 2022 | benzinga.com

INVESTIGATION ALERT: Fields Kupka & Shukurov LLP Is Investigating First Foundation Inc. for Potential Breach of Fiduciary Duty Claims

September 26, 2022 | finance.yahoo.com

First Foundation Inc. Awards $40,000 in Grants to North Texas Nonprofits

September 7, 2022 | msn.com

Government making political party donation change after NZ First Foundation court case

August 29, 2022 | finance.yahoo.com

First Foundation Bank Appoints Emari Hunn Vice President, Branch Manager of First Foundation Bank of its Honolulu Location

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30 days | 90 days | 365 days | Advanced Chart

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FFWM Company Calendar

Last Earnings: 10/25/2022
Ex-Dividend for 11/17 Dividend: 11/04/2022
Dividend Payable: 11/17/2022
Today: 12/09/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 1/30/2023

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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: +52.8%
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: 6.69
Forward P/E Ratio: 7.09
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: 2.57
Cash Flow: $2.54 per share
Price / Cash Flow: 5.69
Book Value: $23.61 per share
Price / Book: 0.61

Miscellaneous

Outstanding Shares: 56,388,000
Free Float: 50,636,000
Market Cap: $815.37 million
Optionable: Not Optionable
Beta: 0.99

Key Executives

Mr. Ulrich Emanuel Keller Jr. (Age 66)
CFP, CFP, Exec. Chairman
Comp: $946k

Mr. Scott Farris Kavanaugh (Age 61)
CEO & Vice Chairman
Comp: $2M

Mr. David S. DePillo (Age 61)
Pres
Comp: $1.48M

Mr. Kevin Lewis Thompson CPA (Age 49)
Exec. VP & CFO
Comp: $687k

Mr. Adriano S. Darmawan
CTO & Exec. VP

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

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 analysts have issued twelve-month price targets for First Foundation's shares. Their FFWM share price forecasts range from $17.50 to $32.00. On average, they anticipate the company's stock price to reach $22.10 in the next year. This suggests a possible upside of 52.8% 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 2022?: First Foundation's stock was trading at $24.86 at the start of the year. Since then, FFWM shares have decreased by 41.8% and is now trading at $14.46.
View the best growth stocks for 2022 here.
When is First Foundation's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, January 30th 2023.
View our FFWM earnings forecast.
How were First Foundation's earnings last quarter?: First Foundation Inc. (NASDAQ:FFWM) issued its quarterly earnings data on Tuesday, October, 25th. The bank reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by $0.01. The bank earned $99.86 million during the quarter, compared to analysts' expectations of $98 million. First Foundation had a net margin of 29.45% and a trailing twelve-month return on equity of 10.71%.
How often does First Foundation pay dividends? What is the dividend yield for First Foundation?: First Foundation announced 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 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend 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 3.04%. 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 27.85% 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.57%), Vanguard Group Inc. (4.70%), Dimensional Fund Advisors LP (3.84%), Macquarie Group Ltd. (3.20%), State Street Corp (2.27%) and Jennison Associates LLC (1.37%). 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 $14.46.
How much money does First Foundation make?: First Foundation (NASDAQ:FFWM) has a market capitalization of $815.37 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 12/9/2022 by MarketBeat.com Staff

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First Foundation - FFWM Stock Forecast, Price & News

First Foundation MarketRank™ Forecast

Overall MarketRank™