First Acceptance Corporation Company Profile (NYSE:FAC)

About First Acceptance Corporation (NYSE:FAC)

First Acceptance Corporation logoFirst 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.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $46.14 million
  • Outstanding Shares: 41,199,000
Average Prices:
  • 50 Day Moving Avg: $0.99
  • 200 Day Moving Avg: $1.15
  • 52 Week Range: $0.74 - $1.74
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $369.4 million
  • Price / Sales: 0.12
  • Book Value: $1.79 per share
  • Price / Book: 0.59
Profitability:
  • EBIDTA: $2.6 million
  • Net Margins: -1.10%
  • Return on Equity: -9.72%
  • Return on Assets: -1.70%
Debt:
  • Debt-to-Equity Ratio: 0.95%
  • Current Ratio: 0.78%
  • Quick Ratio: 0.78%
Misc:
  • Average Volume: 31,242 shs.
  • Beta: 0.79
  • Short Ratio: 0.95
 

Frequently Asked Questions for First Acceptance Corporation (NYSE:FAC)

What is First Acceptance Corporation's stock symbol?

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

How were First Acceptance Corporation's earnings last quarter?

First Acceptance Corporation (NYSE:FAC) announced its earnings results on Wednesday, August, 9th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $91.41 million for the quarter. First Acceptance Corporation had a negative net margin of 1.10% and a negative return on equity of 9.72%. View First Acceptance Corporation's Earnings History.

When will First Acceptance Corporation make its next earnings announcement?

First Acceptance Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for First Acceptance Corporation.

Who are some of First Acceptance Corporation's key competitors?

Who are First Acceptance Corporation's key executives?

First Acceptance Corporation's management team includes the folowing people:

  • Jeremy B. Ford, Chairman of the Board
  • Kenneth D. Russell, Director, Interim President and Chief Executive Officer
  • Brent J. Gay, Chief Financial Officer, Senior Vice President
  • Donald J. Edwards, Director
  • Mark A. Kelly, Director
  • Rhodes R. Bobbitt, Independent Director
  • Harvey Berry Cash, Independent Director
  • Thomas C. Nichols, Independent Director

Who owns First Acceptance Corporation stock?

First Acceptance Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.97%), Vanguard Group Inc. (1.11%) and Wells Fargo & Company MN (0.42%). Company insiders that own First Acceptance Corporation stock include Brent J Gay, Kenneth D Russell and Rhodes R Bobbitt. View Institutional Ownership Trends for First Acceptance Corporation.

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

First Acceptance Corporation's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc.. View Insider Buying and Selling for First Acceptance Corporation.

How do I buy First Acceptance Corporation stock?

Shares of First Acceptance Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Acceptance Corporation's stock price today?

One share of First Acceptance Corporation stock can currently be purchased for approximately $1.05.


MarketBeat Community Rating for First Acceptance Corporation (NYSE FAC)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  31 (Vote Outperform)
Underperform Votes:  36 (Vote Underperform)
Total Votes:  67
MarketBeat's community ratings are surveys of what our community members think about First Acceptance Corporation 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

Consensus Ratings for First Acceptance Corporation (NYSE:FAC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for First Acceptance Corporation (NYSE:FAC)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for First Acceptance Corporation (NYSE:FAC)
Earnings by Quarter for First Acceptance Corporation (NYSE:FAC)
Earnings History by Quarter for First Acceptance Corporation (NYSE FAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017N/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

Earnings Estimates for First Acceptance Corporation (NYSE:FAC)

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

Dividends

Dividend History for First Acceptance Corporation (NYSE:FAC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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

Headline Trends for First Acceptance Corporation (NYSE:FAC)
Latest Headlines for First Acceptance Corporation (NYSE:FAC)
Source:
DateHeadline
finance.yahoo.com logoFirst Acceptance Receives Continued Listed Standard Notice from NYSE
finance.yahoo.com - August 23 at 11:29 PM
americanbankingnews.com logoFirst Acceptance Corporation (FAC) Releases Quarterly Earnings Results
www.americanbankingnews.com - August 11 at 12:20 AM
americanbankingnews.com logoFirst Acceptance Corporation (NYSE:FAC) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - August 10 at 8:06 AM
finance.yahoo.com logoFirst Acceptance Corporation Reports Operating Results for the Quarter and Six Months Ended June 30, 2017
finance.yahoo.com - August 9 at 6:45 PM
finance.yahoo.com logoETFs with exposure to First Acceptance Corp. : August 7, 2017
finance.yahoo.com - August 7 at 6:47 PM
americanbankingnews.com logoFirst Acceptance Corporation (NYSE:FAC) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 3 at 10:40 AM
finance.yahoo.com logoETFs with exposure to First Acceptance Corp. : May 25, 2017
finance.yahoo.com - May 25 at 7:12 PM
finance.yahoo.com logoFirst Acceptance Corp. :FAC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 24, 2017
finance.yahoo.com - May 24 at 12:14 PM
marketbeat.com logoFirst Acceptance posts 1Q profit
marketbeat.com - May 9 at 5:21 PM
finance.yahoo.com logoFirst Acceptance Corporation Reports Operating Results for the Three Months Ended March 31, 2017
finance.yahoo.com - May 9 at 5:01 PM
americanbankingnews.com logoFirst Acceptance (FAC) Earns Daily News Impact Rating of 0.21
www.americanbankingnews.com - May 4 at 1:21 AM
americanbankingnews.com logoFirst Acceptance (FAC) Getting Somewhat Positive Press Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 2:51 PM
americanbankingnews.com logoFirst Acceptance (FAC) Getting Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 14 at 12:02 PM
finance.yahoo.com logoETFs with exposure to First Acceptance Corp. : April 5, 2017
finance.yahoo.com - April 7 at 9:46 AM
americanbankingnews.com logoKenneth D. Russell Acquires 50,000 Shares of First Acceptance Co. (FAC) Stock
www.americanbankingnews.com - March 21 at 7:58 PM
us.rd.yahoo.com logoFirst Acceptance Corporation Reports Operating Results for the Quarter and Year Ended December 31, 2016
us.rd.yahoo.com - March 14 at 4:28 PM
biz.yahoo.com logoFIRST ACCEPTANCE CORP /DE/ Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 14 at 4:28 PM
seekingalpha.com logoRestoration Hardware's (RH) CEO Gary Friedman on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - December 8 at 10:47 PM
uk.finance.yahoo.com logoA.M. Best Downgrades Credit Ratings for First Acceptance Corporation and Its Subsidiaries
uk.finance.yahoo.com - November 23 at 4:49 PM
finance.yahoo.com logoInsider Buys Shares of First Acceptance
finance.yahoo.com - November 17 at 10:07 PM
benzinga.com logoFirst Acceptance Corporation Reports Operating...
www.benzinga.com - November 11 at 10:10 PM
biz.yahoo.com logoQ3 2016 First Acceptance Corp Earnings Release - After Market Close
biz.yahoo.com - November 10 at 10:32 AM
biz.yahoo.com logoFIRST 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
finance.yahoo.com logo7:13 am First Acceptance receives notice from the NYSE for non-compliance based on stock price; plans to reports its financial results November 10
finance.yahoo.com - October 20 at 10:25 AM
cnbc.com logoFirst Acceptance reports 2Q loss
www.cnbc.com - August 19 at 4:53 PM
biz.yahoo.com logoFIRST 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
biz.yahoo.com logoFIRST 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
finance.yahoo.com logoFirst Acceptance Corporation Reports Operating Results for the Quarter and Year Ended December 31, 2015
finance.yahoo.com - March 15 at 4:15 PM
finance.yahoo.com logoA.M. Best Affirms Ratings of First Acceptance Corporation and Its Subsidiaries
finance.yahoo.com - December 10 at 11:55 AM
finance.yahoo.com logoFIRST ACCEPTANCE CORP /DE/ Financials
finance.yahoo.com - December 8 at 1:17 PM
biz.yahoo.com logoFIRST 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
biz.yahoo.com logoFIRST ACCEPTANCE CORP /DE/ Files SEC form 8-K, Other Events
biz.yahoo.com - August 21 at 4:06 PM
finance.yahoo.com logo5 Stocks Gurus, Insiders, and Companies Are Buying
finance.yahoo.com - July 9 at 4:22 PM
biz.yahoo.com logoFIRST 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

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Chart

First Acceptance Corporation (FAC) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff