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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Finance of America Companies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FOA shares. View FOA analyst ratings or view top-rated stocks .

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

3 brokerages have issued 1 year price objectives for Finance of America Companies' stock. Their FOA share price targets range from $1.40 to $2.00. On average, they expect the company's share price to reach $1.80 in the next twelve months. This suggests a possible upside of 194.3% 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 2024?

Finance of America Companies' stock was trading at $1.10 on January 1st, 2024. Since then, FOA stock has decreased by 44.4% and is now trading at $0.6117. View the best growth stocks for 2024 here .

Are investors shorting Finance of America Companies?

Finance of America Companies saw a increase in short interest in March. As of March 15th, there was short interest totaling 968,200 shares, an increase of 9.2% from the February 29th total of 886,600 shares. Based on an average daily volume of 88,900 shares, the short-interest ratio is currently 10.9 days. Currently, 4.0% of the company's stock are short sold. View Finance of America Companies' Short Interest .

When is Finance of America Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our FOA earnings forecast .

How were Finance of America Companies' earnings last quarter?

Finance of America Companies Inc. (NYSE:FOA) issued its quarterly earnings data on Wednesday, March, 6th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.01. The firm earned $275.73 million during the quarter, compared to analyst estimates of $62 million.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:FOA

Finance of America Companies (FOA) Stock Price, News & Analysis

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$0.64

-0.01 (-1.53%)

(As of 04/18/2024 ET)

Compare

Today's Range: $0.62
▼
$0.66
50-Day Range: $0.63
▼
$1.02
52-Week Range: $0.61
▼
$2.09

Volume: 82,708 shs
Average Volume: 88,916 shs
Market Capitalization: $62.02 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.80

Get Finance of America Companies alerts:

Finance of America Companies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 194.3% Upside
$1.80 Price Target
Short Interest: Bearish
4.39% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.22
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.09) to $0.25 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.07 out of 5 stars

Finance Sector

630th out of 823 stocks

Mortgage Bankers & Correspondents Industry

3rd out of 5 stocks

3.3

Analyst's Opinion

Consensus Rating
Finance of America Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Finance of America Companies has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
4.39% 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 11.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Finance of America Companies has recently increased by 3.28%, indicating that investor sentiment is decreasing.

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.

2.3

News and Social Media Coverage

News Sentiment
Finance of America Companies has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Finance of America Companies this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for FOA on MarketBeat in the last 30 days.

2.5

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.
Percentage Held by Institutions
97.20% of the stock of Finance of America Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Finance of America Companies are expected to grow in the coming year, from ($0.09) to $0.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Finance of America Companies is -0.58, 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 -0.58, 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 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Finance of America Companies Stock (NYSE:FOA)

Finance of America Companies Inc. a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners. The Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for borrowers and investors. 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

April 13, 2024 | seekingalpha.com

FOA Finance of America Companies Inc.

April 12, 2024 | msn.com

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April 18, 2024 | Crypto 101 Media (Ad)

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April 12, 2024 | msn.com

ACCA: Economic confidence among finance professionals hits highest level since first half of 2023

April 10, 2024 | finance.yahoo.com

FAR parent updates investors on AAG integration, business performance

April 4, 2024 | nypost.com

Sorry, media: Florida is still America’s paradise no matter how you spin it

March 27, 2024 | entrepreneur.com

Oxfam’s latest research says corporate America is fueling inequality

March 14, 2024 | msn.com

SWEPCO awards grant to Volunteers of America that will benefit Caddo Parish students

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 11, 2024 | msn.com

Wall Street Leaders Raise $1.5M for the Museum of American Finance

March 7, 2024 | finance.yahoo.com

Finance Of America Companies Inc. (NYSE:FOA) Q4 2023 Earnings Call Transcript

March 6, 2024 | benzinga.com

Earnings Preview: Finance of America

March 6, 2024 | benzinga.com

Recap: Finance of America Q4 Earnings

March 6, 2024 | businesswire.com

Finance of America Reports Fourth Quarter and Full Year 2023 Results

March 5, 2024 | markets.businessinsider.com

Finance of America Companies A is about to announce earnings — here's what Wall Street expects

February 23, 2024 | benzinga.com

Finance of America Stock (NYSE:FOA), Quotes and News Summary

February 21, 2024 | finance.yahoo.com

Finance of America Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call on March 6, 2024

February 21, 2024 | businesswire.com

Finance of America Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call on March 6, 2024

February 16, 2024 | businesswire.com

Finance of America Receives Continued Listing Standard Notice from the NYSE

February 6, 2024 | msn.com

Boeing's 737 Turbulence - BofA Analyst Sees Light At The End Of The Runway

December 26, 2023 | finance.yahoo.com

Finance Of America Companies Inc. WT (FOA-WT)

December 15, 2023 | finance.yahoo.com

Finance of America Receives Continued Listing Standard Notice from the NYSE

December 7, 2023 | msn.com

UBS Initiates Coverage of Finance of America Companies (FOA) with Buy Recommendation

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 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

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/13/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Mortgage bankers & correspondents
Sub-Industry: N/A
Current Symbol: NYSE:FOA
CUSIP: N/A
CIK: 1828937
Web: www.financeofamerica.com
Phone: 877-202-2666
Fax: N/A
Employees: 933
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.80
High Stock Price Target: $2.00
Low Stock Price Target: $1.40
Potential Upside/Downside: +194.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.06)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-80,090,000.00
Net Margins: N/A
Pretax Margin: -71.22%
Return on Equity: -13.19%
Return on Assets: -0.14%

Debt

Debt-to-Equity Ratio: 63.71
Current Ratio: 2.81
Quick Ratio: 2.81

Sales & Book Value

Annual Sales: $234.25 million
Price / Sales: 0.25
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.83 per share
Price / Book: 0.22

Miscellaneous

Outstanding Shares: 96,560,000
Free Float: 81,498,000
Market Cap: $59.07 million
Optionable: Optionable
Beta: 0.88

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Key Executives

Mr. Brian L. Libman (Age 58)
Founder & Chairman of the Board
Comp: $100k
Mr. Graham A. Fleming (Age 55)
Chief Executive Officer
Comp: $1.61M
Mr. Jeremy E. Prahm (Age 46)
Chief Investment Officer
Comp: $1.61M
Ms. Kristen N. Sieffert (Age 43)
President
Mr. Matthew A. Engel CPA (Age 57)
Chief Financial Officer
Mr. Tai A. Thornock (Age 52)
Chief Accounting Officer
Comp: $926.86k
Ms. Lauren E. Richmond (Age 36)
Chief Legal Officer, General Counsel & Secretary
Mr. Michael Fant
Senior Vice President of Finance
Mr. Joe Hullinger
President of Finance of America Commercial LLC

Key Competitors

View All Competitors

Institutional Ownership

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 analysts have issued "buy," "hold," and "sell" ratings for Finance of America Companies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FOA shares.
View FOA analyst ratings or view top-rated stocks.
What is Finance of America Companies' stock price target for 2024?: 3 brokerages have issued 1 year price objectives for Finance of America Companies' stock. Their FOA share price targets range from $1.40 to $2.00. On average, they expect the company's share price to reach $1.80 in the next twelve months. This suggests a possible upside of 194.3% 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 2024?: Finance of America Companies' stock was trading at $1.10 on January 1st, 2024. Since then, FOA stock has decreased by 44.4% and is now trading at $0.6117.
View the best growth stocks for 2024 here.
Are investors shorting Finance of America Companies?: Finance of America Companies saw a increase in short interest in March. As of March 15th, there was short interest totaling 968,200 shares, an increase of 9.2% from the February 29th total of 886,600 shares. Based on an average daily volume of 88,900 shares, the short-interest ratio is currently 10.9 days. Currently, 4.0% of the company's stock are short sold.
View Finance of America Companies' Short Interest.

When is Finance of America Companies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our FOA earnings forecast.
How were Finance of America Companies' earnings last quarter?: Finance of America Companies Inc. (NYSE:FOA) issued its quarterly earnings data on Wednesday, March, 6th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.01. The firm earned $275.73 million during the quarter, compared to analyst estimates of $62 million.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FOA) was last updated on 4/18/2024 by MarketBeat.com Staff

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