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.

First Western Financial Price Performance

MYFW opened at $28.90 on Friday. The stock has a 50-day moving average price of $28.31 and a 200-day moving average price of $30.84. First Western Financial has a 12-month low of $25.83 and a 12-month high of $34.20. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $274.26 million, a P/E ratio of 14.17 and a beta of 0.69.

Wall Street Analyst Weigh In

Separately, Piper Sandler decreased their target price on First Western Financial to $36.00 in a research note on Monday, July 4th.

Insider Transactions at First Western Financial

In other news, Director David R. Duncan sold 4,174 shares of the company's stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $30.88, for a total value of $128,893.12. Following the completion of the transaction, the director now directly owns 34,256 shares in the company, valued at approximately $1,057,825.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Scott C. Wylie sold 7,500 shares of the stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $28.09, for a total transaction of $210,675.00. Following the completion of the sale, the chief executive officer now directly owns 783,059 shares in the company, valued at approximately $21,996,127.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David R. Duncan sold 4,174 shares of the stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $30.88, for a total value of $128,893.12. Following the sale, the director now owns 34,256 shares of the company's stock, valued at $1,057,825.28. The disclosure for this sale can be found here. In the last three months, insiders sold 19,990 shares of company stock worth $603,883. 18.20% of the stock is currently owned by corporate insiders.