First American Financial - FAF Stock Forecast, Price & News

6 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 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.

6 brokers have issued 1 year target prices for First American Financial's shares. Their FAF share price forecasts range from $61.00 to $79.00. On average, they anticipate the company's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 29.4% 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 on January 1st, 2023. Since then, FAF shares have increased by 3.4% and is now trading at $54.11.
View the best growth stocks for 2023 here.

First American Financial saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 1,960,000 shares, an increase of 5.4% from the February 28th total of 1,860,000 shares. Based on an average daily volume of 722,500 shares, the short-interest ratio is currently 2.7 days. Approximately 2.0% 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, April 27th 2023.
View our FAF earnings forecast.

First American Financial will be holding an earnings conference call on Thursday, April 27th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

First American Financial Co. (NYSE:FAF) announced its quarterly earnings data on Thursday, February, 9th. The insurance provider reported $1.35 earnings per share for the quarter, missing analysts' consensus estimates of $1.45 by $0.10. The insurance provider earned $1.69 billion during the quarter, compared to analysts' expectations of $1.82 billion. First American Financial had a trailing twelve-month return on equity of 13.40% and a net margin of 3.46%. The company's revenue was down 29.0% compared to the same quarter last year. During the same period last year, the business posted $2.28 EPS.

First American Financial announced a quarterly dividend on Wednesday, January 18th. Shareholders of record on Wednesday, March 8th will be given a dividend of $0.52 per share on Wednesday, March 15th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend is Tuesday, March 7th.
Read our dividend analysis for FAF.

ETFs with the largest weight of First American Financial (NYSE:FAF) stock in their portfolio include The Acquirers Fund (ZIG), SPDR S&P Insurance ETF (KIE), iShares Focused Value Factor ETF (FOVL), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Formidable Fortress ETF (KONG), Schwab Ariel ESG ETF (SAEF), Global X Guru Index ETF (GURU) and First Trust Financial AlphaDEX Fund (FXO).

First American Financial (NYSE:FAF) pays an annual dividend of $2.08 per share and currently has a dividend yield of 3.87%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 85.60%. 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 35.68% 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 investors include Ariel Investments LLC (3.88%), Dimensional Fund Advisors LP (2.65%), LSV Asset Management (2.53%), Charles Schwab Investment Management Inc. (2.53%), Victory Capital Management Inc. (1.51%) and Victory Capital Management Inc. (1.51%). 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.
Compare Top Brokerages Here.

One share of FAF stock can currently be purchased for approximately $54.11.

First American Financial (NYSE:FAF) has a market capitalization of $5.58 billion and generates $7.61 billion in revenue each year. The insurance provider earns $263 million in net income (profit) each year or $2.43 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.