NASDAQ:MYFW

First Western Financial - MYFW Stock Forecast, Price & News

$25.35

-0.11 (-0.43%)

(As of 10/5/2022 12:00 AM ET)

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Today's Range: $25.26
▼
$25.45
50-Day Range: $24.65
▼
$29.40
52-Week Range: $24.64
▼
$34.20

Volume: 8,764 shs
Average Volume: 16,409 shs
Market Capitalization: $240.57 million

P/E Ratio: 12.43
Dividend Yield: N/A
Price Target: $31.00

First Western Financial MarketRank™ Forecast

Analyst Rating: N/A
0.00 Rating Score
Upside/Downside: 22.3% Upside
$31.00 Price Target
Short Interest: Healthy
2.23% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.25
Upright™ Environmental Score
News Sentiment: 0.07
Based on 4 Articles This Week
Insider Trading: Selling Shares
$416,864 Sold Last Quarter
Proj. Earnings Growth: 30.34%
From $2.34 to $3.05 Per Share

Overall MarketRank^™

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

2.17 out of 5 stars

Finance Sector

616th out of 887 stocks

State Commercial Banks Industry

129th out of 186 stocks

1.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $31.00, First Western Financial has a forecasted upside of 22.3% from its current price of $25.35.
Amount of Analyst Coverage
First Western Financial has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.23% of the float of First Western Financial has been sold short.
Short Interest Ratio / Days to Cover
First Western Financial has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in First Western Financial has recently decreased by 3.18%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
First Western Financial does not currently pay a dividend.
Dividend Growth
First Western Financial does not have a long track record of dividend growth.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
First Western Financial has received a 31.00% net impact score from Upright. First Western Financial seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Pension funding services", "Life annuities", "Mortgage loans for corporations", "Commercial deposit accounts", and "Wire transfer services" products. See details.
Environmental Sustainability
The Environmental Impact score for First Western Financial is -0.25.

1.7

News and Social Media Coverage

News Sentiment
First Western Financial has a news sentiment score of 0.07. 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 lower news sentiment than the 0.75 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for First Western Financial this week, compared to 1 article on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Western Financial insiders have sold 1,551.40% more of their company's stock than they have bought. Specifically, they have bought $25,243.00 in company stock and sold $416,864.00 in company stock.
Percentage Held by Insiders
18.20% of the stock of First Western Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
50.98% of the stock of First Western Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for First Western Financial are expected to grow by 30.34% in the coming year, from $2.34 to $3.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Western Financial is 12.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Western Financial is 12.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 162.65.
Price to Book Value per Share Ratio
First Western Financial has a P/B Ratio of 0.93. 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 Western Financial (NASDAQ:MYFW) Stock

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.

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MYFW Stock News Headlines

October 4, 2022 | americanbankingnews.com

Blue Ridge Bankshares (NASDAQ:BRBS) and First Western Financial (NASDAQ:MYFW) Critical Survey

October 3, 2022 | americanbankingnews.com

First Western Financial (NASDAQ:MYFW) PT Lowered to $31.00

September 28, 2022 | marketwatch.com

First thing Fed breaks with higher rates will be the financial markets, BMO says

September 23, 2022 | ft.com

The myth of western decadence

September 12, 2022 | finance.yahoo.com

Those who invested in First Western Financial (NASDAQ:MYFW) three years ago are up 63%

August 31, 2022 | nasdaq.com

First Western Financial, Inc. (NASDAQ:MYFW) is definitely on the radar of institutional investors who own 45% of the company

July 28, 2022 | finance.yahoo.com

First Western (MYFW) Lags Q2 Earnings and Revenue Estimates

July 28, 2022 | finance.yahoo.com

First Western Reports Second Quarter 2022 Financial Results

July 8, 2022 | finance.yahoo.com

First Western Financial, Inc. to Report Second Quarter 2022 Financial Results on Thursday, July 28

June 6, 2022 | seekingalpha.com

First Western Financial to join Russell 3000, Russell 2000 Indexes

May 16, 2022 | finance.yahoo.com

First Western Financial, Inc. Completes Systems Integration in Wyoming

May 10, 2022 | finance.yahoo.com

First Western Trust Hires Heath Kinsland to Focus on Denver Tech Center

April 29, 2022 | seekingalpha.com

First Western Financial's (MYFW) CEO Scott Wylie on Q1 2022 Results - Earnings Call Transcript

April 29, 2022 | seekingalpha.com

First Western Financial, Inc. 2022 Q1 - Results - Earnings Call Presentation

April 28, 2022 | seekingalpha.com

First Western Financial Non-GAAP EPS of $0.61 beats by $0.04, revenue of $26.92M misses by $0.91M

April 28, 2022 | finance.yahoo.com

First Western Reports First Quarter 2022 Financial Results

April 6, 2022 | finance.yahoo.com

First Western Financial, Inc. to Report First Quarter 2022 Financial Results on Thursday, April 28

April 5, 2022 | finance.yahoo.com

First Western Financial (NASDAQ:MYFW) shareholders have earned a 34% CAGR over the last three years

February 21, 2022 | finance.yahoo.com

Here's Why "Trend" Investors Would Love Betting on First Western (MYFW)

February 10, 2022 | seekingalpha.com

First Western Financial appoints Julie Courkamp to newly created COO role

February 10, 2022 | finance.yahoo.com

Julie A. Courkamp Appointed Chief Operating Officer of First Western Financial, Inc.

February 10, 2022 | benzinga.com

Julie A. Courkamp Appointed Chief Operating Officer of First Western Financial, Inc.

February 4, 2022 | finance.yahoo.com

First Western (MYFW) Is a Great Choice for "Trend" Investors, Here's Why

January 31, 2022 | finance.yahoo.com

First Western Trust Hires Paula Campos to Focus on Scottsdale

January 28, 2022 | finance.yahoo.com

First Western (MYFW) Lags Q4 Earnings and Revenue Estimates

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MYFW Company Calendar

Last Earnings: 7/28/2022
Today: 10/06/2022
Next Earnings (Estimated): 10/20/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:MYFW
CUSIP: N/A
CIK: 1327607
Web: www.myfw.com
Phone: (303) 531-8100
Fax: N/A
Employees: 313
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $31.00
High Stock Price Forecast: $31.00
Low Stock Price Forecast: $31.00
Forecasted Upside/Downside: +22.3%
Consensus Rating: N/A
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.04
Trailing P/E Ratio: 12.43
Forward P/E Ratio: 10.83
P/E Growth: N/A
Net Income: $20.61 million
Net Margins: 16.86%
Pretax Margin: 22.38%
Return on Equity: 10.46%
Return on Assets: 0.91%

Debt

Debt-to-Equity Ratio: 0.53
Current Ratio: 1.08
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $102.07 million
Price / Sales: 2.36
Cash Flow: $3.11 per share
Price / Cash Flow: 8.14
Book Value: $27.27 per share
Price / Book: 0.93

Miscellaneous

Outstanding Shares: 9,490,000
Free Float: 7,761,000
Market Cap: $240.57 million
Optionable: Not Optionable
Beta: 0.71

Key Executives

Mr. Scott C. Wylie (Age 64)
Chairman, CEO & Pres
Comp: $1.26M

Ms. Julie A. Courkamp (Age 42)
CFO, COO, Treasurer & Director
Comp: $492.64k

Mr. John Emery Sawyer C.F.A. (Age 53)
CFA, Chief Investment Officer
Comp: $439.74k

Mr. Matthew C. Cassell (Age 46)
Pres of Commercial Banking

Mr. Scott J. Lawley C.F.A. (Age 58)
Chief Credit Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MYFW Stock - Frequently Asked Questions

What is First Western Financial's stock price forecast for 2022?: 0 brokerages have issued 12-month price targets for First Western Financial's shares. Their MYFW share price forecasts range from $31.00 to $31.00. On average, they anticipate the company's share price to reach $31.00 in the next year. This suggests a possible upside of 22.3% from the stock's current price.
View analysts price targets for MYFW or view top-rated stocks among Wall Street analysts.
How have MYFW shares performed in 2022?: First Western Financial's stock was trading at $30.36 at the beginning of 2022. Since then, MYFW stock has decreased by 16.5% and is now trading at $25.35.
View the best growth stocks for 2022 here.
When is First Western Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our MYFW earnings forecast.
How were First Western Financial's earnings last quarter?: First Western Financial, Inc. (NASDAQ:MYFW) announced its quarterly earnings results on Thursday, July, 28th. The company reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $0.62 by $0.13. The firm had revenue of $27.08 million for the quarter, compared to analyst estimates of $27.90 million. First Western Financial had a net margin of 16.86% and a trailing twelve-month return on equity of 10.46%.
What other stocks do shareholders of First Western Financial own?: 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).

When did First Western Financial IPO?: (MYFW) raised $38 million in an initial public offering (IPO) on Thursday, July 19th 2018. The company issued 1,900,000 shares at $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.
What is First Western Financial's stock symbol?: First Western Financial trades on the NASDAQ under the ticker symbol "MYFW."
How do I buy shares of First Western Financial?: 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.
Compare Top Brokerages Here.
What is First Western Financial's stock price today?: One share of MYFW stock can currently be purchased for approximately $25.35.
How much money does First Western Financial make?: First Western Financial (NASDAQ:MYFW) has a market capitalization of $240.52 million and generates $102.07 million in revenue each year. The company earns $20.61 million in net income (profit) each year or $2.04 on an earnings per share basis.
How many employees does First Western Financial have?: The company employs 313 workers across the globe.
How can I contact First Western Financial?: 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.

This page (NASDAQ:MYFW) was last updated on 10/6/2022 by MarketBeat.com Staff

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First Western Financial - MYFW Stock Forecast, Price & News

First Western Financial MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month