First American Financial - FAF Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First American Financial in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FAF shares.
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5 Wall Street analysts have issued 1 year price objectives for First American Financial's shares. Their FAF share price forecasts range from $61.00 to $79.00. On average, they predict the company's stock price to reach $69.60 in the next twelve months. This suggests a possible upside of 15.3% 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 start of the year. Since then, FAF shares have increased by 15.3% and is now trading at $60.37.
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First American Financial saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 2,120,000 shares, an increase of 21.8% from the December 15th total of 1,740,000 shares. Based on an average daily volume of 621,800 shares, the short-interest ratio is presently 3.4 days. Approximately 2.2% of the company's shares 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 will be holding an earnings conference call on Thursday, February 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13735364".

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

First American Financial declared a quarterly dividend on Wednesday, January 18th. Investors of record on Wednesday, March 8th will be paid 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 3.45%. The ex-dividend date of this dividend is Tuesday, March 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 3.39%. 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 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 35.56% 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 Reinhart Partners Inc. (0.25%), Natixis Advisors L.P. (0.18%), New York State Common Retirement Fund (0.17%), National Bank of Canada FI (0.10%), Paradiem LLC (0.08%) and Comerica Bank (0.05%). 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 $60.37.

First American Financial (NYSE:FAF) has a market capitalization of $6.25 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.