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

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First American Financial in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FAF shares.
View FAF analyst ratings or view top-rated stocks.

5 equities research analysts have issued twelve-month price objectives for First American Financial's shares. Their FAF share price forecasts range from $61.00 to $77.00. On average, they anticipate the company's stock price to reach $68.25 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price.
View analysts price targets for FAF or view top-rated stocks among Wall Street analysts.

First American Financial's stock was trading at $52.34 at the beginning of the year. Since then, FAF stock has increased by 8.7% and is now trading at $56.88.
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First American Financial saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,280,000 shares, a drop of 7.2% from the August 31st total of 1,380,000 shares. Based on an average trading volume of 493,900 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.3% of the company's shares are short sold.
View First American Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our FAF earnings forecast.

First American Financial will be holding an earnings conference call on Thursday, October 26th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

First American Financial Co. (NYSE:FAF) issued its quarterly earnings results on Thursday, July, 27th. The insurance provider reported $1.35 EPS for the quarter, beating analysts' consensus estimates of $0.96 by $0.39. The insurance provider had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.50 billion. First American Financial had a net margin of 3.64% and a trailing twelve-month return on equity of 10.72%.

First American Financial declared a quarterly dividend on Tuesday, August 22nd. Investors of record on Friday, September 8th will be paid a dividend of $0.53 per share on Friday, September 15th. This represents a $2.12 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Thursday, September 7th. This is an increase from the stock's previous quarterly dividend of $0.52.
Read our dividend analysis for FAF.

ETFs with the largest weight of First American Financial (NYSE:FAF) stock in their portfolio include SPDR S&P Insurance ETF (KIE), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Schwab Ariel ESG ETF (SAEF), Global X Guru Index ETF (GURU), Harbor Corporate Culture Leaders ETF (HAPY), Invesco S&P MidCap 400 Pure Value ETF (RFV), Fidelity Small-Mid Cap Opportunities ETF (FSMO) and WisdomTree U.S. Value Fund (WTV).

First American Financial (NYSE:FAF) pays an annual dividend of $2.12 per share and currently has a dividend yield of 3.69%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 91.78%. 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 38.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FAF.

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

First American Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "FAF."

First American Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.32%), Ariel Investments LLC (3.72%), State Street Corp (3.00%), Dimensional Fund Advisors LP (2.78%), Boston Partners (2.61%) and Charles Schwab Investment Management Inc. (2.52%). Insiders that own company stock include Christopher Michael Leavell, Kenneth D Degiorgio and Mark C Oman.
View institutional ownership trends.

Shares of FAF 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.
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One share of FAF stock can currently be purchased for approximately $56.88.

First American Financial (NYSE:FAF) has a market capitalization of $5.86 billion and generates $7.61 billion in revenue each year. The insurance provider earns $263 million in net income (profit) each year or $2.31 on an earnings per share basis.

The company employs 21,153 workers across the globe.

First American Financial's mailing address is 1 FIRST AMERICAN WAY, SANTA ANA CA, 92707. The official website for the company is www.firstam.com. The insurance provider can be reached via phone at (714) 250-3000, via email at investor.relations@firstam.com, or via fax at 714-541-6372.