Focus Financial Partners (FOCS) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Focus Financial Partners in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FOCS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOCS, but not buy additional shares or sell existing shares.
View FOCS analyst ratings or view top-rated stocks.

9 equities research analysts have issued twelve-month price targets for Focus Financial Partners' shares. Their FOCS share price forecasts range from $41.00 to $55.00. On average, they anticipate the company's share price to reach $50.13 in the next year. This suggests that the stock has a possible downside of 3.8%.
View analysts price targets for FOCS or view top-rated stocks among Wall Street analysts.

Focus Financial Partners' stock was trading at $37.27 at the beginning of 2023. Since then, FOCS shares have increased by 39.8% and is now trading at $52.09.
View the best growth stocks for 2023 here.

Focus Financial Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,650,000 shares, an increase of 6.0% from the April 30th total of 2,500,000 shares. Based on an average daily trading volume, of 1,400,000 shares, the short-interest ratio is presently 1.9 days.
View Focus Financial Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our FOCS earnings forecast.

Focus Financial Partners Inc. (NASDAQ:FOCS) issued its quarterly earnings results on Thursday, November, 4th. The company reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by $0.12. The company had revenue of $454.50 million for the quarter, compared to analyst estimates of $445.40 million. Focus Financial Partners had a trailing twelve-month return on equity of 24.09% and a net margin of 2.87%. Focus Financial Partners's revenue was up 37.1% on a year-over-year basis. During the same period last year, the firm earned $0.70 earnings per share.

ETFs with the largest weight of Focus Financial Partners (NASDAQ:FOCS) stock in their portfolio include First Trust Merger Arbitrage ETF (MARB), Gabelli Financial Services Opportunities ETF (GABF), IQ Merger Arbitrage ETF (MNA), ProShares Merger ETF (MRGR), SPDR S&P Capital Markets ETF (KCE), First Trust Small Cap Growth AlphaDEX Fund (FYC), Principal U.S. Small-Cap Multi-Factor ETF (PSC) and Janus Henderson Small Cap Growth Alpha ETF (JSML).

Based on aggregate information from My MarketBeat watchlists, some companies that other Focus Financial Partners investors own include Procter & Gamble (PG), Pfizer (PFE), Cisco Systems (CSCO), Raytheon Technologies (RTX), Johnson & Johnson (JNJ), Abbott Laboratories (ABT), Home Depot (HD), NVIDIA (NVDA) and QUALCOMM (QCOM).

(FOCS) raised $599 million in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 16,200,000 shares at a price of $35.00-$39.00 per share. Goldman Sachs, BofA Merrill Lynch, KKR, BMO Capital Markets, RBC Capital Markets and SunTrust Robinson Humphrey acted as the underwriters for the IPO and Fifth Third Securities, Keefe, Bruyette & Woods (A Stifel Company), MUFG? Raymond James, Regions Securities and William Blair were co-managers.

Focus Financial Partners trades on the NASDAQ under the ticker symbol "FOCS."

Focus Financial Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.95%), JPMorgan Chase & Co. (3.35%), FIL Ltd (3.06%), Macquarie Group Ltd. (2.39%), State Street Corp (1.59%) and Geode Capital Management LLC (1.45%). Insiders that own company stock include James Shanahan, John Russell Mcgranahan, Kkr Group Partnership LP, Leonard R Chang, Rajini Sundar Kodialam, Ruediger Adolf and Stone Point Capital Llc.
View institutional ownership trends.

Shares of FOCS 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.
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One share of FOCS stock can currently be purchased for approximately $52.09.

Focus Financial Partners (NASDAQ:FOCS) has a market capitalization of $4.09 billion and generates $2.14 billion in revenue each year. The company earns $91.78 million in net income (profit) each year or $0.65 on an earnings per share basis.

The company employs 5,000 workers across the globe.

Focus Financial Partners' mailing address is 875 Third Avenue 28th Floor, New York NY, 10022. The official website for the company is www.focusfinancialpartners.com. The company can be reached via phone at (646) 519-2456 or via email at tmadon@focuspartners.com.