First Acceptance Stock Price, News & Analysis (NYSE:FAC)

$1.30 -0.11 (-7.80 %)
(As of 12/11/2017 02:09 AM ET)
Previous Close$1.41
Today's Range$1.22 - $1.44
52-Week Range$0.80 - $1.74
Volume20,200 shs
Average Volume34,724 shs
Market Capitalization$53.56 million
P/E RatioN/A
Dividend YieldN/A
Beta0.95

About First Acceptance (NYSE:FAC)

First Acceptance Corporation is a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. The Company operates in two segments: Insurance, and Real estate and corporate. Its insurance operations are engaged in selling non-standard personal automobile insurance products and related products in over 20 states. The real estate and corporate segment consists of the activities related to the disposition of foreclosed real estate held for sale, interest expense associated with all debt and other general corporate overhead expenses. The Company conducts its servicing and underwriting operations in approximately 10 states and is licensed as an insurer in over 10 additional states. It leases and operates approximately 440 retail locations and a call center staffed by employee-agents who primarily sell non-standard personal automobile insurance products underwritten by the Company, as well as certain commissionable ancillary products.

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Industry, Sector and Symbol

Industry Insurance - Automobile
Sub-IndustryN/A
SectorFinance
SymbolNYSE:FAC
CUSIPN/A
Phone615-844-2800

Debt

Debt-to-Equity Ratio0.92%
Current Ratio0.73%
Quick Ratio0.73%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$389.62 million
Price / Sales0.14
Cash FlowN/A
Price / CashN/A
Book Value$1.76 per share
Price / Book0.74

Profitability

Trailing EPS($0.04)
Net Income$-29,280,000.00
Net Margins-0.49%
Return on Equity-2.33%
Return on Assets-0.42%

Miscellaneous

Employees1,400
Outstanding Shares41,200,000

First Acceptance (NYSE:FAC) Frequently Asked Questions

What is First Acceptance's stock symbol?

First Acceptance trades on the New York Stock Exchange (NYSE) under the ticker symbol "FAC."

How were First Acceptance's earnings last quarter?

First Acceptance Corporation (NYSE:FAC) posted its quarterly earnings data on Tuesday, November, 7th. The financial services provider reported $0.05 earnings per share for the quarter. The financial services provider earned $85.98 million during the quarter. First Acceptance had a negative net margin of 0.49% and a negative return on equity of 2.33%. View First Acceptance's Earnings History.

When will First Acceptance make its next earnings announcement?

First Acceptance is scheduled to release their next quarterly earnings announcement on Tuesday, March, 13th 2018. View Earnings Estimates for First Acceptance.

Who are some of First Acceptance's key competitors?

Who are First Acceptance's key executives?

First Acceptance's management team includes the folowing people:

  • Jeremy B. Ford, Chairman of the Board (Age 42)
  • Kenneth D. Russell, Director, Interim President and Chief Executive Officer (Age 68)
  • Brent J. Gay, Chief Financial Officer, Senior Vice President (Age 38)
  • Donald J. Edwards, Director (Age 50)
  • Mark A. Kelly, Director (Age 47)
  • Rhodes R. Bobbitt, Independent Director (Age 71)
  • Harvey Berry Cash, Independent Director (Age 78)
  • Thomas C. Nichols, Independent Director (Age 69)

Who owns First Acceptance stock?

First Acceptance's stock is owned by a number of of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (0.32%). Company insiders that own First Acceptance stock include Kenneth D Russell and Rhodes R Bobbitt. View Institutional Ownership Trends for First Acceptance.

Who sold First Acceptance stock? Who is selling First Acceptance stock?

First Acceptance's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN. View Insider Buying and Selling for First Acceptance.

How do I buy First Acceptance stock?

Shares of First Acceptance can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Acceptance's stock price today?

One share of First Acceptance stock can currently be purchased for approximately $1.30.

How big of a company is First Acceptance?

First Acceptance has a market capitalization of $53.56 million and generates $389.62 million in revenue each year. The financial services provider earns $-29,280,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. First Acceptance employs 1,400 workers across the globe.

How can I contact First Acceptance?

First Acceptance's mailing address is 3813 GREEN HILLS VILLAGE DRIVE, NASHVILLE TN, 37215. The financial services provider can be reached via phone at 615-844-2800.


MarketBeat Community Rating for First Acceptance (FAC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  41 (Vote Outperform)
Underperform Votes:  48 (Vote Underperform)
Total Votes:  89
MarketBeat's community ratings are surveys of what our community members think about First Acceptance and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

First Acceptance (NYSE:FAC) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

First Acceptance (NYSE:FAC) Earnings History and Estimates Chart

Earnings by Quarter for First Acceptance (NYSE:FAC)

First Acceptance (NYSE FAC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2018        
11/7/2017Q3 2017$0.05$85.98 millionViewN/AView Earnings Details
8/9/2017Q2 2017($0.02)$91.41 millionViewN/AView Earnings Details
11/10/2016Q3 2016($0.09)$102.12 millionViewN/AView Earnings Details
8/19/2016Q2($0.48)$102.75 millionViewN/AView Earnings Details
5/10/2016Q1($0.13)$96.95 millionViewN/AView Earnings Details
3/15/2016Q4$0.01$88.54 millionViewN/AView Earnings Details
11/10/2015Q3($0.01)$87.62 millionViewN/AView Earnings Details
8/11/2015Q2$0.01$80.63 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

First Acceptance (NYSE:FAC) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for First Acceptance (NYSE:FAC)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

First Acceptance (NYSE FAC) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 9.50%
Institutional Ownership Percentage: 19.83%
Insider Trades by Quarter for First Acceptance (NYSE:FAC)

First Acceptance (NYSE FAC) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2017Rhodes R BobbittDirectorBuy800$1.02$816.00View SEC Filing  
8/17/2017Rhodes R BobbittDirectorBuy200$0.85$170.00View SEC Filing  
8/16/2017Rhodes R BobbittDirectorBuy6,516$0.85$5,538.60View SEC Filing  
8/15/2017Rhodes R BobbittDirectorBuy4,090$0.85$3,476.50View SEC Filing  
8/14/2017Rhodes R BobbittDirectorBuy1,958$0.85$1,664.30View SEC Filing  
3/17/2017Kenneth D RussellCEOBuy50,000$1.47$73,500.00View SEC Filing  
3/17/2017Rhodes R BobbittDirectorBuy3,639$1.34$4,876.26View SEC Filing  
12/15/2016Rhodes R BobbittDirectorBuy25,000$1.15$28,750.00View SEC Filing  
11/17/2016Rhodes R BobbittDirectorBuy27,883$1.09$30,392.47View SEC Filing  
11/16/2016Rhodes R BobbittDirectorBuy80,600$1.06$85,436.00View SEC Filing  
11/17/2015Brent J. GayCFOBuy5,000$2.29$11,450.00View SEC Filing  
11/17/2015Rhodes R BobbittDirectorBuy21,200$2.33$49,396.00View SEC Filing  
11/16/2015Brent J. GayCFOBuy200$2.29$458.00View SEC Filing  
9/9/2015Rhodes R BobbittDirectorBuy20,300$2.72$55,216.00View SEC Filing  
8/31/2015Rhodes R BobbittDirectorBuy18,326$2.77$50,763.02View SEC Filing  
5/15/2015Lyndon L Olson JrDirectorBuy50,000$2.96$148,000.00View SEC Filing  
9/3/2014Jeremy B FordDirectorBuy18,250$2.50$45,625.00View SEC Filing  
6/16/2014Kenneth D RussellDirectorBuy10,000$2.35$23,500.00View SEC Filing  
12/6/2013Jeremy B FordDirectorBuy250,200$1.91$477,882.00View SEC Filing  
6/14/2013Jeremy B FordDirectorBuy104,736$1.21$126,730.56View SEC Filing  
6/12/2013Mark A KellyCEOBuy15,000$1.20$18,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

First Acceptance (NYSE FAC) News Headlines

Source:
DateHeadline
ETFs with exposure to First Acceptance Corp. : December 5, 2017ETFs with exposure to First Acceptance Corp. : December 5, 2017
finance.yahoo.com - December 5 at 5:30 PM
First Acceptance (FAC) Upgraded at TheStreetFirst Acceptance (FAC) Upgraded at TheStreet
www.americanbankingnews.com - November 30 at 9:54 AM
ETFs with exposure to First Acceptance Corp. : November 20, 2017ETFs with exposure to First Acceptance Corp. : November 20, 2017
finance.yahoo.com - November 20 at 7:16 PM
First Acceptance Corp. :FAC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 9, 2017First Acceptance Corp. :FAC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 9, 2017
finance.yahoo.com - November 10 at 2:42 PM
ETFs with exposure to First Acceptance Corp. : November 8, 2017ETFs with exposure to First Acceptance Corp. : November 8, 2017
finance.yahoo.com - November 9 at 3:12 AM
First Acceptance Corporation (FAC) Issues Quarterly  Earnings ResultsFirst Acceptance Corporation (FAC) Issues Quarterly Earnings Results
www.americanbankingnews.com - November 8 at 7:11 PM
First Acceptance Corporation Reports Operating Results for the Quarter and Nine Months Ended September 30, 2017First Acceptance Corporation Reports Operating Results for the Quarter and Nine Months Ended September 30, 2017
finance.yahoo.com - November 8 at 6:47 AM
First Acceptance posts 3Q profitFirst Acceptance posts 3Q profit
finance.yahoo.com - November 8 at 6:47 AM
First Acceptance Corporation (FAC) Set to Announce Quarterly Earnings on WednesdayFirst Acceptance Corporation (FAC) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - November 1 at 4:28 AM
ETFs with exposure to First Acceptance Corp. : October 23, 2017ETFs with exposure to First Acceptance Corp. : October 23, 2017
finance.yahoo.com - October 23 at 4:17 PM
ETFs with exposure to First Acceptance Corp. : October 11, 2017ETFs with exposure to First Acceptance Corp. : October 11, 2017
finance.yahoo.com - October 11 at 8:07 PM
First Acceptance Corp. :FAC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 28, 2017First Acceptance Corp. :FAC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 28, 2017
finance.yahoo.com - October 2 at 2:47 PM
ETFs with exposure to First Acceptance Corp. : September 29, 2017ETFs with exposure to First Acceptance Corp. : September 29, 2017
finance.yahoo.com - October 2 at 2:47 PM
First Acceptance Receives Continued Listed Standard Notice from NYSEFirst Acceptance Receives Continued Listed Standard Notice from NYSE
finance.yahoo.com - August 23 at 11:29 PM
First Acceptance Corporation (FAC) Releases Quarterly  Earnings ResultsFirst Acceptance Corporation (FAC) Releases Quarterly Earnings Results
www.americanbankingnews.com - August 11 at 12:20 AM
First Acceptance Corporation (NYSE:FAC) to Release Quarterly Earnings on ThursdayFirst Acceptance Corporation (NYSE:FAC) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - August 10 at 8:06 AM
First Acceptance Corporation Reports Operating Results for the Quarter and Six Months Ended June 30, 2017First Acceptance Corporation Reports Operating Results for the Quarter and Six Months Ended June 30, 2017
finance.yahoo.com - August 9 at 6:45 PM
ETFs with exposure to First Acceptance Corp. : August 7, 2017ETFs with exposure to First Acceptance Corp. : August 7, 2017
finance.yahoo.com - August 7 at 6:47 PM
First Acceptance Corporation (NYSE:FAC) Scheduled to Post Quarterly Earnings on WednesdayFirst Acceptance Corporation (NYSE:FAC) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 3 at 10:40 AM
First Acceptance posts 1Q profitFirst Acceptance posts 1Q profit
marketbeat.com - May 9 at 5:21 PM
First Acceptance Corporation Reports Operating Results for the Quarter and Year Ended December 31, 2016First Acceptance Corporation Reports Operating Results for the Quarter and Year Ended December 31, 2016
us.rd.yahoo.com - March 14 at 4:28 PM
FIRST ACCEPTANCE CORP /DE/ Files SEC form 10-K, Annual ReportFIRST ACCEPTANCE CORP /DE/ Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 14 at 4:28 PM
Restoration Hardwares (RH) CEO Gary Friedman on Q3 2016 Results - Earnings Call TranscriptRestoration Hardware's (RH) CEO Gary Friedman on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - December 8 at 10:47 PM
A.M. Best Downgrades Credit Ratings for First Acceptance Corporation and Its SubsidiariesA.M. Best Downgrades Credit Ratings for First Acceptance Corporation and Its Subsidiaries
uk.finance.yahoo.com - November 23 at 4:49 PM
First Acceptance Corporation Reports Operating...First Acceptance Corporation Reports Operating...
www.benzinga.com - November 11 at 10:10 PM
Q3 2016 First Acceptance Corp Earnings Release - After Market CloseQ3 2016 First Acceptance Corp Earnings Release - After Market Close
biz.yahoo.com - November 10 at 10:32 AM
FIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule orFIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
biz.yahoo.com - October 20 at 10:25 AM
First Acceptance reports 2Q lossFirst Acceptance reports 2Q loss
www.cnbc.com - August 19 at 4:53 PM
FIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Submission of Matters to a Vote of Security HoldersFIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - May 11 at 6:08 AM
FIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and ExFIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Ex
biz.yahoo.com - March 18 at 4:07 PM
FIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements anFIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements an
biz.yahoo.com - November 10 at 4:13 PM
FIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Other EventsFIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Other Events
biz.yahoo.com - August 21 at 4:06 PM
FIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of AcquisitionFIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition
biz.yahoo.com - July 1 at 4:09 PM

SEC Filings

First Acceptance (NYSE:FAC) SEC Filings

DateFilerForm TypeView

Social Media

Financials

First Acceptance (NYSE:FAC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

First Acceptance (NYSE FAC) Stock Chart for Monday, December, 11, 2017

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This page was last updated on 12/11/2017 by MarketBeat.com Staff

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