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 1 year target prices for Focus Financial Partners' shares. Their FOCS share price forecasts range from $41.00 to $55.00. On average, they anticipate the company's stock price to reach $50.13 in the next year. This suggests that the stock has a possible downside of 2.2%.
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 start of the year. Since then, FOCS stock has increased by 37.5% and is now trading at $51.23.
View the best growth stocks for 2023 here.

Focus Financial Partners saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 1,490,000 shares, an increase of 19.2% from the February 13th total of 1,250,000 shares. Based on an average daily volume of 914,900 shares, the days-to-cover ratio is currently 1.6 days.
View Focus Financial Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our FOCS earnings forecast.

Focus Financial Partners Inc. (NASDAQ:FOCS) posted its earnings results on Thursday, February, 16th. The company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.09. The firm earned $547.68 million during the quarter, compared to analyst estimates of $517.34 million. Focus Financial Partners had a net margin of 4.28% and a trailing twelve-month return on equity of 25.59%.

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), iShares Russell 2000 Growth ETF (IWO) and First Trust Small Cap Core AlphaDEX Fund (FYX).

Focus Financial Partners updated its first quarter 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $560.00 million-$570.00 million, compared to the consensus revenue estimate of $553.60 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Focus Financial Partners investors own include Procter & Gamble (PG), Honeywell International (HON), 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 $35.00-$39.00 per share. Goldman Sachs, BofA Merrill Lynch, KKR, BMO Capital Markets, RBC Capital Markets and SunTrust Robinson Humphrey served 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 many different retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (6.66%), Macquarie Group Ltd. (2.96%), Principal Financial Group Inc. (2.13%), Geode Capital Management LLC (1.40%), WCM Investment Management LLC (1.33%) and TimesSquare Capital Management LLC (1.14%). 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 $51.23.

Focus Financial Partners (NASDAQ:FOCS) has a market capitalization of $3.98 billion and generates $2.14 billion in revenue each year. The company earns $91.78 million in net income (profit) each year or $1.31 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.