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 twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FAF shares.
View FAF analyst ratings or view top-rated stocks.

5 analysts have issued 12 month price objectives for First American Financial's shares. Their FAF share price forecasts range from $10.40 to $79.00. On average, they predict the company's stock price to reach $58.88 in the next year. This suggests a possible upside of 10.9% 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 $78.23 on January 1st, 2022. Since then, FAF shares have decreased by 32.1% and is now trading at $53.11.
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First American Financial saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 2,590,000 shares, a decrease of 9.8% from the October 31st total of 2,870,000 shares. Based on an average daily trading volume, of 645,800 shares, the days-to-cover ratio is currently 4.0 days. Approximately 2.6% of the company's stock are sold short.
View First American Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our FAF earnings forecast.

First American Financial Co. (NYSE:FAF) posted its quarterly earnings data on Wednesday, October, 20th. The insurance provider reported $2.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.86 by $0.29. The insurance provider had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.04 billion. First American Financial had a trailing twelve-month return on equity of 14.89% and a net margin of 5.66%. The company's quarterly revenue was up 35.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.31 earnings per share.

First American Financial declared a quarterly dividend on Tuesday, November 15th. Shareholders of record on Thursday, December 8th will be given a dividend of $0.52 per share on Thursday, December 15th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date of this dividend is Wednesday, December 7th.
Read our dividend analysis for FAF.

First American Financial (NYSE:FAF) pays an annual dividend of $2.08 per share and currently has a dividend yield of 3.81%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 49.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FAF will have a dividend payout ratio of 36.94% 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.23%), HG Vora Capital Management LLC (9.66%), BlackRock Inc. (9.17%), State Street Corp (3.00%), LSV Asset Management (2.43%) and Dimensional Fund Advisors LP (2.34%). 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 $53.11.

First American Financial (NYSE:FAF) has a market capitalization of $5.50 billion and generates $9.22 billion in revenue each year. The insurance provider earns $1.24 billion in net income (profit) each year or $4.24 on an earnings per share basis.

The company employs 22,233 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.