First Western Financial - MYFW Stock Forecast, Price & News

First Western Financial, Inc., a financial holding company, provides wealth management, private banking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, insurance, and trust and investment management advisory products and services. The Mortgage segment engages in soliciting, originating, and selling mortgage loans into the secondary market. It serves entrepreneurs, professionals, high-net worth individuals or families, and philanthropic and business organizations. The company operates 18 profit centers, including 14 boutique private trust bank offices with 2 locations in Arizona, 9 locations in Colorado, and 3 location in Wyoming; 2 loan production offices with 1 location in Ft. Collins, Colorado, and 1 location in Greenwood Village, Colorado; and 2 trust offices with 1 location in Laramie, Wyoming, and 1 location in Century City, California. First Western Financial, Inc. was incorporated in 2002 and is headquartered in Denver, Colorado.

Wall Street Analyst Weigh In

Separately, Piper Sandler cut their price objective on shares of First Western Financial to $36.00 in a research report on Monday, July 4th.

First Western Financial Stock Down 0.6 %

NASDAQ:MYFW traded down $0.16 during trading hours on Thursday, reaching $28.72. The company's stock had a trading volume of 5 shares, compared to its average volume of 26,323. First Western Financial has a one year low of $25.83 and a one year high of $34.20. The business's 50-day moving average is $28.35 and its 200-day moving average is $30.86. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.08 and a quick ratio of 1.07. The company has a market cap of $272.55 million, a price-to-earnings ratio of 14.16 and a beta of 0.69.

Insiders Place Their Bets

In related news, Director David R. Duncan sold 1,780 shares of the firm's stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $30.77, for a total value of $54,770.60. Following the transaction, the director now directly owns 40,380 shares in the company, valued at approximately $1,242,492.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other First Western Financial news, Director David R. Duncan sold 1,780 shares of the firm's stock in a transaction that occurred on Tuesday, May 24th. The stock was sold at an average price of $30.77, for a total value of $54,770.60. Following the sale, the director now owns 40,380 shares of the company's stock, valued at approximately $1,242,492.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Scott C. Wylie sold 7,500 shares of the stock in a transaction that occurred on Wednesday, August 10th. The shares were sold at an average price of $28.09, for a total value of $210,675.00. Following the completion of the sale, the chief executive officer now directly owns 783,059 shares of the company's stock, valued at $21,996,127.31. The disclosure for this sale can be found here. Insiders sold 19,990 shares of company stock valued at $603,883 over the last 90 days. 18.20% of the stock is currently owned by company insiders.