First Western Financial - MYFW Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Western Financial in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MYFW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MYFW, but not buy additional shares or sell existing shares.
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3 brokers have issued 1-year price objectives for First Western Financial's shares. Their MYFW share price forecasts range from $30.00 to $32.00. On average, they anticipate the company's share price to reach $30.67 in the next twelve months. This suggests a possible upside of 53.7% from the stock's current price.
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First Western Financial's stock was trading at $28.15 at the beginning of 2023. Since then, MYFW stock has decreased by 29.1% and is now trading at $19.95.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our MYFW earnings forecast.

First Western Financial, Inc. (NASDAQ:MYFW) announced its quarterly earnings results on Thursday, January, 26th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.02. The company earned $28.40 million during the quarter, compared to analysts' expectations of $29.10 million. First Western Financial had a net margin of 16.83% and a trailing twelve-month return on equity of 9.76%.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Western Financial investors own include Suncor Energy (SU), Verizon Communications (VZ), AbbVie (ABBV), CenterPoint Energy (CNP), JPMorgan Chase & Co. (JPM), Mercury General (MCY), ONEOK (OKE), Toronto-Dominion Bank (TD), WestRock (WRK) and Exxon Mobil (XOM).

(MYFW) raised $38 million in an initial public offering (IPO) on Thursday, July 19th 2018. The company issued 1,900,000 shares at a price of $19.00-$21.00 per share. Keefe, Bruyette & Woods (A Stifel Company) and Stephens acted as the underwriters for the IPO and Sandler O'Neill + Partners, L.P. was co-manager.

First Western Financial trades on the NASDAQ under the ticker symbol "MYFW."

First Western Financial's stock is owned by many different retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (3.14%), Elizabeth Park Capital Advisors Ltd. (2.34%), Tieton Capital Management LLC (1.84%), Geode Capital Management LLC (1.46%), First Western Trust Bank (1.34%) and Dimensional Fund Advisors LP (1.18%). Insiders that own company stock include David R Duncan, John Emery Sawyer, Joseph C Zimlich, Julie A Courkamp, Mark L Smith, Scott C Mitchell, Scott C Wylie, Scott C Wylie and Scott J Lawley.
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Shares of MYFW 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 MYFW stock can currently be purchased for approximately $19.95.

First Western Financial (NASDAQ:MYFW) has a market capitalization of $189.72 million and generates $128.89 million in revenue each year. The company earns $21.70 million in net income (profit) each year or $2.23 on an earnings per share basis.

The company employs 313 workers across the globe.

First Western Financial's mailing address is 1900 SIXTEENTH ST #1200, DENVER CO, 80202. The official website for the company is www.myfw.com. The company can be reached via phone at (303) 531-8100 or via email at ir@myfw.com.