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OTCMKTS:FACO

First Acceptance (FACO) Stock Price, News & Analysis

$3.70
+0.22 (+6.32%)
(As of 05/21/2024 ET)
Today's Range
$3.48
$3.73
50-Day Range
$2.60
$3.70
52-Week Range
$0.85
$3.73
Volume
27,152 shs
Average Volume
9,270 shs
Market Capitalization
$141.03 million
P/E Ratio
1.79
Dividend Yield
N/A
Price Target
N/A
FACO stock logo

About First Acceptance Stock (OTCMKTS:FACO)

First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States. It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment preference, failure to maintain continuous insurance coverage, or driving record. The company also underwrites auto and motorcycle insurance products; and renters, homeowners, commercial, pet, life, travel, outdoor vehicle, and hospital indemnity insurance products. In addition, it provides TeleMed, a subscription service that offers access to doctor for consulting, diagnosing, and prescribing medication for non-emergency illness. The company primarily distributes its products through its retail locations, as well as through call center and internet. As of December 31, 2021, it leased and operated 338 retail locations, and a call center. First Acceptance Corporation was founded in 1969 and is headquartered in Nashville, Tennessee.

FACO Stock Price History

FACO Stock News Headlines

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Company Calendar

Last Earnings
5/07/2024
Today
5/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Current Symbol
OTCMKTS:FACO
CIK
N/A
Employees
1,193
Year Founded
N/A

Profitability

Net Income
$73.91 million
Pretax Margin
17.67%

Debt

Sales & Book Value

Annual Sales
$560.58 million
Cash Flow
$2.04 per share
Book Value
$3.73 per share

Miscellaneous

Free Float
34,496,000
Market Cap
$132.66 million
Optionable
Not Optionable
Beta
0.14
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Key Executives

  • Mr. Kenneth Duane Russell (Age 76)
    President & CEO
    Comp: $786.16k
  • Mr. Brian Scott Dickman (Age 50)
    Executive VP & CFO
  • Mr. Doug Jensen
    Chief Operating Officer
  • Mr. Michael John Bodayle (Age 68)
    VP, Secretary & Treasurer
    Comp: $224.93k
  • Sarannah McMurtry
    Executive VP & General Counsel
  • Anthony Delaney
    Executive VP & Chief Insurance Operations Officer

FACO Stock Analysis - Frequently Asked Questions

How have FACO shares performed in 2024?

First Acceptance's stock was trading at $2.12 at the beginning of 2024. Since then, FACO shares have increased by 74.5% and is now trading at $3.70.
View the best growth stocks for 2024 here
.

Are investors shorting First Acceptance?

First Acceptance saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 400 shares, an increase of 300.0% from the April 15th total of 100 shares. Based on an average daily trading volume, of 11,900 shares, the short-interest ratio is presently 0.0 days.
View First Acceptance's Short Interest
.

How were First Acceptance's earnings last quarter?

First Acceptance Co. (OTCMKTS:FACO) issued its quarterly earnings results on Tuesday, May, 7th. The company reported $0.18 earnings per share for the quarter. The company had revenue of $145.26 million for the quarter. First Acceptance had a net margin of 13.11% and a trailing twelve-month return on equity of 83.27%.

How do I buy shares of First Acceptance?

Shares of FACO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:FACO) was last updated on 5/21/2024 by MarketBeat.com Staff

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