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NYSE:FAF

First American Financial (FAF) Stock Price, News & Analysis

$56.16
-1.57 (-2.72%)
(As of 05/22/2024 ET)
Today's Range
$56.15
$57.83
50-Day Range
$53.20
$61.05
52-Week Range
$49.55
$65.54
Volume
329,247 shs
Average Volume
612,530 shs
Market Capitalization
$5.82 billion
P/E Ratio
26.87
Dividend Yield
3.78%
Price Target
$67.75

First American Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
20.6% Upside
$67.75 Price Target
Short Interest
Healthy
1.44% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.52
Upright™ Environmental Score
News Sentiment
0.22mentions of First American Financial in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
32.75%
From $3.97 to $5.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Finance Sector

117th out of 835 stocks

Title Insurance Industry

2nd out of 5 stocks

FAF stock logo

About First American Financial Stock (NYSE:FAF)

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, document generation services, mortgage loans subservicing, and related products and services, as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in various states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, New Zealand, South Korea, and internationally. The Home Warranty segment provides home warranty products, including residential service contracts that cover residential systems, such as heating and air conditioning systems, and various appliances against failures that occur as the result of normal usage during the coverage period. This segment operates in various states and the District of Columbia. The company was founded in 1889 and is headquartered in Santa Ana, California.

FAF Stock Price History

FAF Stock News Headlines

Barclays Keeps Their Hold Rating on First American Financial (FAF)
Q1 2024 First American Financial Corp Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
3/07/2024
Dividend Payable
3/15/2024
Last Earnings
4/25/2024
Today
5/22/2024
Ex-Dividend for 6/17 Dividend
6/10/2024
Dividend Payable
6/17/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Title insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
31847R10
Employees
19,210
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$67.75
High Stock Price Target
$77.00
Low Stock Price Target
$53.00
Potential Upside/Downside
+20.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$216.80 million
Pretax Margin
4.57%

Debt

Sales & Book Value

Annual Sales
$6.00 billion
Cash Flow
$5.59 per share
Book Value
$46.33 per share

Miscellaneous

Free Float
99,886,000
Market Cap
$5.82 billion
Optionable
Optionable
Beta
1.28
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Key Executives

  • Mr. Kenneth David DeGiorgio BA (Age 53)
    MBA, CEO & Director
    Comp: $2.62M
  • Mr. Mark Edward Seaton (Age 46)
    Executive VP & CFO
    Comp: $1.24M
  • Mr. Steven A. AdamsMr. Steven A. Adams (Age 54)
    VP & Chief Accounting Officer
    Comp: $485.72k
  • Ms. Lisa Walgenbach Cornehl (Age 45)
    Senior VP, Chief Legal Officer & Secretary
    Comp: $548.34k
  • Mr. Matthew Feivish Wajner (Age 48)
    VP & Treasurer
    Comp: $482.59k
  • Mr. Jody Mulkey
    Chief Technology Officer
  • Mr. Craig Barberio
    Vice President of Investor Relations
  • Mr. George Stone Livermore (Age 63)
    Executive Vice President of Data and Mortgage Solutions
  • Mr. Mark Fleming
    Chief Economist
  • Ms. Dianna Serio
    Senior Vice President of Enterprise Data Strategy

FAF Stock Analysis - Frequently Asked Questions

Should I buy or sell First American Financial stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First American Financial in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FAF shares.
View FAF analyst ratings
or view top-rated stocks.

What is First American Financial's stock price target for 2024?

6 brokerages have issued twelve-month target prices for First American Financial's shares. Their FAF share price targets range from $53.00 to $77.00. On average, they predict the company's share price to reach $67.75 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price.
View analysts price targets for FAF
or view top-rated stocks among Wall Street analysts.

How have FAF shares performed in 2024?

First American Financial's stock was trading at $64.44 at the beginning of the year. Since then, FAF shares have decreased by 12.9% and is now trading at $56.1550.
View the best growth stocks for 2024 here
.

Are investors shorting First American Financial?

First American Financial saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,420,000 shares, an increase of 22.4% from the March 31st total of 1,160,000 shares. Based on an average trading volume of 714,900 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.5% of the shares of the company are sold short.
View First American Financial's Short Interest
.

When is First American Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our FAF earnings forecast
.

How were First American Financial's earnings last quarter?

First American Financial Co. (NYSE:FAF) issued its earnings results on Thursday, April, 25th. The insurance provider reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.67 by $0.22. The insurance provider had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.42 billion. First American Financial had a trailing twelve-month return on equity of 8.17% and a net margin of 3.64%. The business's revenue for the quarter was down 1.5% on a year-over-year basis. During the same period last year, the firm posted $0.49 earnings per share.

How often does First American Financial pay dividends? What is the dividend yield for First American Financial?

First American Financial announced a quarterly dividend on Tuesday, May 21st. Shareholders of record on Monday, June 10th will be paid a dividend of $0.53 per share on Monday, June 17th. This represents a $2.12 annualized dividend and a dividend yield of 3.78%. The ex-dividend date is Monday, June 10th.
Read our dividend analysis for FAF
.

Is First American Financial a good dividend stock?

First American Financial (NYSE:FAF) pays an annual dividend of $2.12 per share and currently has a dividend yield of 3.66%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 101.44%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FAF will have a dividend payout ratio of 40.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FAF.

What other stocks do shareholders of First American Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First American Financial investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Starbucks (SBUX), Athabasca Oil (ATH), NIC (EGOV), Micron Technology (MU), Zoetis (ZTS) and Accenture (ACN).

Who are First American Financial's major shareholders?

First American Financial's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.19%), Ariel Investments LLC (3.39%), Vaughan Nelson Investment Management L.P. (1.29%), Anchor Capital Advisors LLC (0.95%), Reinhart Partners LLC. (0.55%) and Jacobs Levy Equity Management Inc. (0.46%). Insiders that own company stock include Christopher Michael Leavell, Kenneth D Degiorgio and Steven A Adams.
View institutional ownership trends
.

How do I buy shares of First American Financial?

Shares of FAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FAF) was last updated on 5/23/2024 by MarketBeat.com Staff

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