Should I buy or sell Finance Of America Companies stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Finance Of America Companies in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FOA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOA, but not buy additional shares or sell existing shares. View FOA analyst ratings or view top-rated stocks .

What is Finance Of America Companies' stock price target for 2024?

3 Wall Street research analysts have issued 12 month price targets for Finance Of America Companies' shares. Their FOA share price targets range from $1.50 to $2.00. On average, they anticipate the company's stock price to reach $1.83 in the next twelve months. This suggests a possible upside of 83.5% from the stock's current price. View analysts price targets for FOA or view top-rated stocks among Wall Street analysts .

How have FOA shares performed in 2023?

Finance Of America Companies' stock was trading at $1.27 at the start of the year. Since then, FOA shares have decreased by 21.3% and is now trading at $0.9989. View the best growth stocks for 2023 here .

When is Finance Of America Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 11th 2024. View our FOA earnings forecast .

How were Finance Of America Companies' earnings last quarter?

Finance Of America Companies Inc. (NYSE:FOA) posted its quarterly earnings results on Tuesday, November, 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by $0.05. The firm earned ($70.44) million during the quarter, compared to the consensus estimate of $60 million. Finance Of America Companies had a negative trailing twelve-month return on equity of 24.27% and a negative net margin of 40.10%.

Who are Finance Of America Companies' major shareholders?

Finance Of America Companies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Blackstone Inc. (36.63%), Adage Capital Partners GP L.L.C. (3.83%), Rhumbline Advisers (0.08%), SG Americas Securities LLC (0.03%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Brian L Libman , D1 Capital Partners LP, Edmond Safra, Graham Fleming , Holdings LP Blackstone III and Johan Gericke . View institutional ownership trends .

How do I buy shares of Finance Of America Companies?

Shares of FOA 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 .

Finance Of America Companies Stock Price, News & Analysis (NYSE:FOA)

$1.00

+0.07 (+7.54%)

(As of 11/29/2023 ET)

Compare

Today's Range: $0.94
▼
$1.00
50-Day Range: $0.71
▼
$1.34
52-Week Range: $0.68
▼
$2.25

Volume: 46,373 shs
Average Volume: 92,139 shs
Market Capitalization: $87.85 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.83

Finance Of America Companies MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 83.5% Upside
$1.83 Price Target
Short Interest: Bearish
3.47% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.70 out of 5 stars

Finance Sector

769th out of 878 stocks

Mortgage Bankers & Correspondents Industry

5th out of 6 stocks

3.2

Analyst's Opinion

Consensus Rating
Finance Of America Companies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.83, Finance Of America Companies has a forecasted upside of 83.5% from its current price of $1.00.
Amount of Analyst Coverage
Finance Of America Companies has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.47% of the float of Finance Of America Companies has been sold short.
Short Interest Ratio / Days to Cover
Finance Of America Companies has a short interest ratio ("days to cover") of 10.9, which indicates bearish sentiment.
Change versus previous month
Short interest in Finance Of America Companies has recently decreased by 2.80%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Finance Of America Companies does not currently pay a dividend.
Dividend Growth
Finance Of America Companies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FOA.

N/A

News and Social Media Coverage

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Finance Of America Companies insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.60% of the stock of Finance Of America Companies is held by insiders. A high percentage of insider ownership can be a sign of company health.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Finance Of America Companies is -0.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Finance Of America Companies is -0.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Finance Of America Companies has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Finance Of America Companies Stock (NYSE:FOA)

Finance of America Companies Inc. operates a consumer lending platform in the United States. The company operates through five segments: Mortgage Originations, Reverse Originations, Commercial Originations, Lender Services, and Portfolio Management segments. It provides residential mortgage loans to the government sponsored entities; government-insured agricultural lending solutions to farmers; product development, loan securitization, loan sales, risk management, asset management, and servicing oversight services to enterprise and third-party funds; and ancillary business services, title agency and title insurance services, mortgage servicing rights valuation and trade brokerage, transactional fulfillment services, mortgage loan third party review or due diligence services, and appraisal management services to residential mortgage, student lending, and commercial lending industry customers. The company was founded in 2013 and is headquartered in Plano, Texas.

FOA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FOA Stock News Headlines

November 16, 2023 | finance.yahoo.com

Finance of America Chooses Spera Security to Bolster its Identity Security

November 11, 2023 | thestreet.com

Finance of America Companies Inc. Class A

November 30, 2023 | Edge On The Street (Ad)

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November 8, 2023 | morningstar.com

Finance of America Companies Inc FOA

November 8, 2023 | finance.yahoo.com

Finance Of America Companies Inc. (NYSE:FOA) Q3 2023 Earnings Call Transcript

November 7, 2023 | businesswire.com

(0.74

November 7, 2023 | finance.yahoo.com

Finance of America Reports Third Quarter 2023 Results

October 23, 2023 | finance.yahoo.com

Finance of America Expands Reach of Second Lien Reverse Mortgage to Allow More Homeowners 55 and Older to Access Home Equity

November 30, 2023 | Edge On The Street (Ad)

Gold Could Be Heading for Record Highs - But How to Play It?

October 10, 2023 | forbes.com

Methodology: America’s Top RIA Firms 2023

October 5, 2023 | msn.com

Finance of America Companies (FOA) Price Target Increased by 5.88% to 2.30

August 30, 2023 | msn.com

Raymond James Maintains Finance of America Companies (FOA) Outperform Recommendation

August 22, 2023 | finance.yahoo.com

Concerns about Household Finances Remain High as 8 out of 10 Homeowners are Anxious about U.S. Economy, According to New Research from FAR

August 17, 2023 | finance.yahoo.com

Finance Of America Companies Inc. (NYSE:FOA) Analysts Just Slashed This Year's Revenue Estimates By 20%

August 17, 2023 | msn.com

Credit Suisse Reiterates Finance of America Companies (FOA) Neutral Recommendation

August 8, 2023 | finance.yahoo.com

Finance of America Reports Second Quarter 2023 Results

August 2, 2023 | msn.com

Finance of America Companies (FOA) Price Target Increased by 15.38% to 2.55

July 25, 2023 | finance.yahoo.com

Finance of America Announces Second Quarter Earnings Release and Conference Call on August 8, 2023

July 10, 2023 | technews.tmcnet.com

Essent Completes Acquisition of Title Insurance Operations

July 6, 2023 | technews.tmcnet.com

Finance of America Issues Statement on the Sale of Incenter's Title Insurance Business

May 10, 2023 | finance.yahoo.com

Finance Of America Companies Inc. (NYSE:FOA) Q1 2023 Earnings Call Transcript

May 8, 2023 | msn.com

Finance of America Companies Inc. (FOA) Reports Q1 Loss, Tops Revenue Estimates

May 8, 2023 | finance.yahoo.com

Finance of America Reports First Quarter 2023 Results

May 3, 2023 | msn.com

Ocwen's PHH Mortgage strikes subservicing deal with Finance of America

April 24, 2023 | finance.yahoo.com

Finance of America Announces First Quarter Earnings Release and Conference Call on May 8, 2023

April 13, 2023 | fool.com

Finance Of America Companies (NYSE: FOA)

April 7, 2023 | 247wallst.com

Blackstone Holdings III Now Owns 60.3% of Finance of America Companies

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 11/30/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/11/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Mortgage bankers & correspondents
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:FOA
CUSIP: N/A
CIK: 1828937
Web: www.financeofamerica.com
Phone: 877-202-2666
Fax: N/A
Employees: 1,943
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.83
High Stock Price Target: $2.00
Low Stock Price Target: $1.50
Potential Upside/Downside: +83.5%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.36)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-190,680,000.00
Net Margins: -40.10%
Pretax Margin: -1,495.09%
Return on Equity: -24.27%
Return on Assets: -0.31%

Debt

Debt-to-Equity Ratio: 163.87
Current Ratio: 2.78
Quick Ratio: 2.78

Sales & Book Value

Annual Sales: $472.51 million
Price / Sales: 0.19
Cash Flow: $2.85 per share
Price / Cash Flow: 0.35
Book Value: $1.18 per share
Price / Book: 0.85

Miscellaneous

Outstanding Shares: 87,944,000
Free Float: 74,225,000
Market Cap: $87.85 million
Optionable: Optionable
Beta: 0.93

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Key Executives

Mr. Brian L. Libman (Age 57)
Founder & Chairman of the Board
Comp: $100k
Mr. Jeremy E. Prahm (Age 45)
Chief Investment Officer
Comp: $1.61M
Ms. Kristen N. Sieffert (Age 42)
President
Mr. Joe Hullinger
President of Finance of America Commercial LLC

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FOA Stock Analysis - Frequently Asked Questions

Should I buy or sell Finance Of America Companies stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Finance Of America Companies in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FOA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOA, but not buy additional shares or sell existing shares.
View FOA analyst ratings or view top-rated stocks.
What is Finance Of America Companies' stock price target for 2024?: 3 Wall Street research analysts have issued 12 month price targets for Finance Of America Companies' shares. Their FOA share price targets range from $1.50 to $2.00. On average, they anticipate the company's stock price to reach $1.83 in the next twelve months. This suggests a possible upside of 83.5% from the stock's current price.
View analysts price targets for FOA or view top-rated stocks among Wall Street analysts.
How have FOA shares performed in 2023?: Finance Of America Companies' stock was trading at $1.27 at the start of the year. Since then, FOA shares have decreased by 21.3% and is now trading at $0.9989.
View the best growth stocks for 2023 here.
When is Finance Of America Companies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 11th 2024.
View our FOA earnings forecast.

How were Finance Of America Companies' earnings last quarter?: Finance Of America Companies Inc. (NYSE:FOA) posted its quarterly earnings results on Tuesday, November, 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by $0.05. The firm earned ($70.44) million during the quarter, compared to the consensus estimate of $60 million. Finance Of America Companies had a negative trailing twelve-month return on equity of 24.27% and a negative net margin of 40.10%.
Who are Finance Of America Companies' major shareholders?: Finance Of America Companies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Blackstone Inc. (36.63%), Adage Capital Partners GP L.L.C. (3.83%), Rhumbline Advisers (0.08%), SG Americas Securities LLC (0.03%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Brian L Libman, D1 Capital Partners LP, Edmond Safra, Graham Fleming, Holdings LP Blackstone III and Johan Gericke.
View institutional ownership trends.
How do I buy shares of Finance Of America Companies?: Shares of FOA 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.

This page (NYSE:FOA) was last updated on 11/30/2023 by MarketBeat.com Staff

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