First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services. This segment also provides closing and/or escrow services; products, services, and solutions involving the use of real property related data to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, default-related products and services, and title evidence 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 records and images. This segment offers its products through a network of direct operations and agents in 49 states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, South Korea, and internationally. The Specialty Insurance segment provides property and casualty insurance comprising coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism, and other types of property damage. It also offers residential service contracts that cover residential systems, such as heating and air conditioning systems, and appliances against failures that occur as the result of normal usage during the coverage period; and offers auto insurance products. This segment markets its property and casualty insurance products through direct distribution channels, including cross-selling through its existing closing-service activities, as well as through a network of independent brokers. First American Financial Corporation was founded in 1889 and is based in Santa Ana, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Title insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNYSE:FAF
CUSIP31847R10
Phone714-250-3000
Debt
Debt-to-Equity RatioN/A
Current Ratio0.62
Quick Ratio0.62
Price-To-Earnings
Trailing P/E Ratio19.44
Forward P/E Ratio12.07
P/E Growth0.9
Sales & Book Value
Annual Sales$5.77 billion
Price / Sales1.04
Cash Flow$4.3385 per share
Price / Cash12.35
Book Value$31.43 per share
Price / Book1.70
Profitability
EPS (Most Recent Fiscal Year)$2.75
Net Income$423.04 million
Net Margins7.67%
Return on Equity14.28%
Return on Assets5.09%
Miscellaneous
Employees18,705
Outstanding Shares111,540,000
Market Cap$5,819.29
First American Financial (NYSE:FAF) Frequently Asked Questions
What is First American Financial's stock symbol?
First American Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "FAF."
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 8th. Shareholders of record on Friday, June 8th will be given a dividend of $0.38 per share on Friday, June 15th. This represents a $1.52 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Thursday, June 7th. View First American Financial's Dividend History.
How were First American Financial's earnings last quarter?
First American Financial Corp (NYSE:FAF) issued its quarterly earnings results on Thursday, April, 26th. The insurance provider reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.03. The insurance provider earned $1.30 billion during the quarter, compared to the consensus estimate of $1.33 billion. First American Financial had a return on equity of 14.28% and a net margin of 7.67%. First American Financial's revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.52 earnings per share. View First American Financial's Earnings History.
When is First American Financial's next earnings date?
What price target have analysts set for FAF?
2 analysts have issued 12-month price objectives for First American Financial's stock. Their forecasts range from $39.00 to $70.00. On average, they anticipate First American Financial's share price to reach $54.50 in the next year. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Ratings for First American Financial.
What is the consensus analysts' recommendation for First American Financial?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First American Financial in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of First American Financial's key competitors?
Some companies that are related to First American Financial include BANCO BRADESCO/S (BBDO), Welltower (WELL), Henderson Land Development (HLDCY), UNIBAIL-RODAMCO/ADR (UNRDY), National Bank of Canada (NA), KeyCorp (KEY), Leg & Gen Grp P/S (LGGNY), SEB Group (SVKEF), ORIX (IX), CHINA Constr Bk/ADR (CICHY), Aviva (AV), Willis Towers Watson (WLTW), Ameriprise Financial (AMP), Ventas (VTR) and Fifth Third Bancorp (FITB).
Who are First American Financial's key executives?
First American Financial's management team includes the folowing people:
- Mr. Parker Steven Kennedy, Chairman (Age 70)
- Mr. Dennis Joseph Gilmore, CEO & Director (Age 60)
- Mr. Mark Edward Seaton, Exec. VP & CFO (Age 40)
- Mr. Matthew F. Wajner, VP & Chief Accounting Officer (Age 42)
- Mr. Kenneth David DeGiorgio BA, MBA, Exec. VP (Age 47)
Has First American Financial been receiving favorable news coverage?
News coverage about FAF stock has been trending somewhat positive on Thursday, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. First American Financial earned a news sentiment score of 0.18 on Accern's scale. They also gave news articles about the insurance provider an impact score of 46.16 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are First American Financial's major shareholders?
First American Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.34%), Hamlin Capital Management LLC (1.04%), Retirement Systems of Alabama (0.23%), Smith Graham & Co. Investment Advisors LP (0.09%), Assenagon Asset Management S.A. (0.06%) and Clinton Group Inc. (0.04%). Company insiders that own First American Financial stock include Christopher Michael Leavell, Dennis J Gilmore, Kenneth D Degiorgio, Mark C Oman and Mark Edward Seaton. View Institutional Ownership Trends for First American Financial.
Which major investors are selling First American Financial stock?
FAF stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc., Fisher Asset Management LLC, Municipal Employees Retirement System of Michigan, Nisa Investment Advisors LLC, Bank of Montreal Can and Smith Graham & Co. Investment Advisors LP. Company insiders that have sold First American Financial company stock in the last year include Christopher Michael Leavell, Dennis J Gilmore, Kenneth D Degiorgio and Mark Edward Seaton. View Insider Buying and Selling for First American Financial.
Which major investors are buying First American Financial stock?
FAF stock was purchased by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Assenagon Asset Management S.A., Clinton Group Inc., Hartford Investment Management Co., Denali Advisors LLC, State of Alaska Department of Revenue, Xact Kapitalforvaltning AB and GWM Advisors LLC. View Insider Buying and Selling for First American Financial.
How do I buy shares of First American Financial?
Shares of FAF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First American Financial's stock price today?
One share of FAF stock can currently be purchased for approximately $53.58.
How big of a company is First American Financial?
First American Financial has a market capitalization of $5.82 billion and generates $5.77 billion in revenue each year. The insurance provider earns $423.04 million in net income (profit) each year or $2.75 on an earnings per share basis. First American Financial employs 18,705 workers across the globe.
How can I contact First American Financial?
First American Financial's mailing address is 1 FIRST AMERICAN WAY, SANTA ANA CA, 92707. The insurance provider can be reached via phone at 714-250-3000 or via email at [email protected]
MarketBeat Community Rating for First American Financial (NYSE FAF)
MarketBeat's community ratings are surveys of what our community members think about First American Financial and other stocks. Vote "Outperform" if you believe FAF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FAF will underperform the S&P 500 over the long term. You may vote once every thirty days.
