Should I buy or sell First Western Financial stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Western Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MYFW shares. View MYFW analyst ratings or view top-rated stocks .

What is First Western Financial's stock price target for 2024?

1 equities research analysts have issued 12 month price targets for First Western Financial's shares. Their MYFW share price targets range from $19.00 to $19.00. On average, they expect the company's stock price to reach $19.00 in the next year. This suggests a possible upside of 39.2% from the stock's current price. View analysts price targets for MYFW or view top-rated stocks among Wall Street analysts .

How have MYFW shares performed in 2024?

First Western Financial's stock was trading at $19.83 at the beginning of the year. Since then, MYFW stock has decreased by 31.2% and is now trading at $13.65. View the best growth stocks for 2024 here .

When is First Western Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024. View our MYFW earnings forecast .

How can I listen to First Western Financial's earnings call?

First Western Financial will be holding an earnings conference call on Friday, April 19th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were First Western Financial's earnings last quarter?

First Western Financial, Inc. (NASDAQ:MYFW) issued its quarterly earnings results on Thursday, January, 25th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.30. The firm had revenue of $22.41 million for the quarter, compared to analyst estimates of $23.70 million. First Western Financial had a trailing twelve-month return on equity of 4.00% and a net margin of 5.19%.

What other stocks do shareholders of First Western Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Western Financial investors own include Suncor Energy (SU) , Verizon Communications (VZ) , AbbVie (ABBV) , CenterPoint Energy (CNP) , JPMorgan Chase & Co. (JPM) , Mercury General (MCY) , ONEOK (OKE) , Toronto-Dominion Bank (TD) , WestRock (WRK) and Exxon Mobil (XOM) .

When did First Western Financial IPO?

First Western Financial (MYFW) raised $38 million in an initial public offering (IPO) on Thursday, July 19th 2018. The company issued 1,900,000 shares at a price of $19.00-$21.00 per share. Keefe, Bruyette & Woods (A Stifel Company) and Stephens acted as the underwriters for the IPO and Sandler O'Neill + Partners, L.P. was co-manager.

How do I buy shares of First Western Financial?

Shares of MYFW 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 .

Does First Western Financial have any subsidiaries?

The following companies are subsidiares of First Western Financial: First Western Capital Management Company, and First Western Trust Bank. Read More

NASDAQ:MYFW

First Western Financial (MYFW) Stock Price, News & Analysis

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$13.65

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $13.55
▼
$13.68
50-Day Range: $13.12
▼
$15.78
52-Week Range: $12.84
▼
$22.00

Volume: 49,127 shs
Average Volume: 21,699 shs
Market Capitalization: $131.31 million

P/E Ratio: 15.17
Dividend Yield: N/A
Price Target: $19.00

Get First Western Financial alerts:

First Western Financial MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 39.2% Upside
$19.00 Price Target
Short Interest: Healthy
1.30% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.53
Upright™ Environmental Score
News Sentiment: -0.33
Based on 2 Articles This Week
Insider Trading: Selling Shares
$695,915 Sold Last Quarter
Proj. Earnings Growth: 37.60%
From $1.25 to $1.72 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.

4.81 out of 5 stars

Finance Sector

74th out of 824 stocks

State Commercial Banks Industry

23rd out of 172 stocks

3.5

Analyst's Opinion

Consensus Rating
First Western Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
First Western Financial has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.30% of the float of First Western Financial has been sold short.
Short Interest Ratio / Days to Cover
First Western Financial has a short interest ratio ("days to cover") of 4.7.
Change versus previous month
Short interest in First Western Financial has recently decreased by 7.94%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
First Western Financial does not currently pay a dividend.
Dividend Growth
First Western Financial does not have a long track record of dividend growth.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
First Western Financial has received a 18.10% net impact score from Upright. First Western Financial seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Societal infrastructure". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Trust services", "Financial counseling services", "Estate planning", and "Real estate advisory for private banking" products. See details.
Environmental Sustainability
The Environmental Impact score for First Western Financial is -0.53.

0.9

News and Social Media Coverage

News Sentiment
First Western Financial has a news sentiment score of -0.33. 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 2 news articles for First Western Financial this week, compared to 1 article on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Western Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $695,915.00 in company stock.
Percentage Held by Insiders
17.70% of the stock of First Western Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
60.26% of the stock of First Western Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for First Western Financial are expected to grow by 37.60% in the coming year, from $1.25 to $1.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Western Financial is 15.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Western Financial is 15.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.88.
Price to Book Value per Share Ratio
First Western Financial has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About First Western Financial Stock (NASDAQ:MYFW)

First Western Financial, Inc., a financial holding company, provides wealth advisory, private baking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, life insurance, and trust and investment management advisory products and services. The Mortgage segment engages in soliciting, originating, and selling mortgage loans into the secondary market. It serves entrepreneurs, professionals, high net worth individuals or families, and business and philanthropic organizations. First Western Financial, Inc. was incorporated in 2002 and is headquartered in Denver, Colorado.

MYFW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MYFW Stock News Headlines

April 18, 2024 | globenewswire.com

First Western Reports First Quarter 2024 Financial Results

April 17, 2024 | markets.businessinsider.com

Here's what to expect from First Western Financial's earnings report

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 11, 2024 | americanbankingnews.com

First Western Financial (MYFW) Scheduled to Post Quarterly Earnings on Thursday

April 5, 2024 | globenewswire.com

First Western Financial, Inc. to Report First Quarter 2024 Financial Results on Thursday, April 18

March 24, 2024 | finance.yahoo.com

First Western Financial, Inc. (MYFW)

March 11, 2024 | yahoo.com

The Western Way at WIU helps incoming students pay tuition, fees

February 29, 2024 | msn.com

Hovde Group Upgrades First Western Financial (MYFW)

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

February 23, 2024 | benzinga.com

First Western Financial Stock (NASDAQ:MYFW) Earnings Dates and Earning Calls

February 19, 2024 | finance.yahoo.com

First Western Financial, Inc. (NASDAQ:MYFW) is largely controlled by institutional shareholders who own 51% of the company

January 27, 2024 | finance.yahoo.com

Q4 2023 First Western Financial Inc Earnings Call

January 27, 2024 | finance.yahoo.com

First Western Financial, Inc. (NASDAQ:MYFW) Q4 2023 Earnings Call Transcript

January 26, 2024 | markets.businessinsider.com

KBW Keeps Their Buy Rating on First Western Financial (MYFW)

January 26, 2024 | finanznachrichten.de

First Western Financial, Inc.: First Western Reports Fourth Quarter 2023 Financial Results

January 25, 2024 | markets.businessinsider.com

First Western Financial earnings: here's what Wall Street expects

January 25, 2024 | benzinga.com

First Western Financial: Q4 Earnings Insights

January 25, 2024 | finance.yahoo.com

First Western Financial Inc Reports Mixed Q4 Results Amid Economic Uncertainty

January 25, 2024 | finance.yahoo.com

First Western Reports Fourth Quarter 2023 Financial Results

January 8, 2024 | finance.yahoo.com

First Western Financial's (NASDAQ:MYFW) investors will be pleased with their respectable 43% return over the last five years

January 5, 2024 | morningstar.com

1867 Western Financial Corp

January 5, 2024 | finance.yahoo.com

First Western Financial, Inc. to Report Fourth Quarter 2023 Financial Results on Thursday, January 25

December 13, 2023 | msn.com

More than 1,000 Western Washington University student employees file to unionize

December 7, 2023 | bbc.com

World's first Western movie 'filmed in Blackburn'

November 11, 2023 | morningstar.com

First Western Financial Inc MYFW

October 23, 2023 | finance.yahoo.com

First Western Financial, Inc. (NASDAQ:MYFW) Q3 2023 Earnings Call Transcript

October 21, 2023 | finance.yahoo.com

Q3 2023 First Western Financial Inc Earnings Call

See More Headlines

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Company Calendar

Last Earnings: 1/25/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/18/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:MYFW
CUSIP: N/A
CIK: 1327607
Web: www.myfw.com
Phone: (303) 531-8100
Fax: N/A
Employees: 310
Year Founded: 2002

Price Target and Rating

Average Stock Price Target: $19.00
High Stock Price Target: $19.00
Low Stock Price Target: $19.00
Potential Upside/Downside: +39.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.90
Trailing P/E Ratio: 15.17
Forward P/E Ratio: 10.92
P/E Growth: N/A
Net Income: $5.22 million
Net Margins: 5.19%
Pretax Margin: 4.22%
Return on Equity: 4.00%
Return on Assets: 0.32%

Debt

Debt-to-Equity Ratio: 0.73
Current Ratio: 1.10
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $167.52 million
Price / Sales: 0.78
Cash Flow: $1.32 per share
Price / Cash Flow: 10.33
Book Value: $25.39 per share
Price / Book: 0.54

Miscellaneous

Outstanding Shares: 9,620,000
Free Float: 7,918,000
Market Cap: $131.31 million
Optionable: Not Optionable
Beta: 0.68

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Key Executives

Mr. Scott C. Wylie (Age 66)
Chairman, CEO & President
Comp: $935.59k
Ms. Julie A. Courkamp (Age 44)
COO & Director
Comp: $585.59k
Mr. David R. Weber (Age 36)
CFO & Treasurer
Ms. Jesica Montgomery (Age 48)
Principal Accounting Officer & Controller
Mr. Matthew C. Cassell (Age 47)
Chief Banking Officer & President of Commercial Banking
Mr. Scott J. Lawley C.F.A. (Age 59)
Chief Credit Officer
James Allen Scott
Chief Client Experience Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MYFW Stock Analysis - Frequently Asked Questions

Should I buy or sell First Western Financial stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Western Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MYFW shares.
View MYFW analyst ratings or view top-rated stocks.
What is First Western Financial's stock price target for 2024?: 1 equities research analysts have issued 12 month price targets for First Western Financial's shares. Their MYFW share price targets range from $19.00 to $19.00. On average, they expect the company's stock price to reach $19.00 in the next year. This suggests a possible upside of 39.2% from the stock's current price.
View analysts price targets for MYFW or view top-rated stocks among Wall Street analysts.
How have MYFW shares performed in 2024?: First Western Financial's stock was trading at $19.83 at the beginning of the year. Since then, MYFW stock has decreased by 31.2% and is now trading at $13.65.
View the best growth stocks for 2024 here.
When is First Western Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our MYFW earnings forecast.
How can I listen to First Western Financial's earnings call?: First Western Financial will be holding an earnings conference call on Friday, April 19th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were First Western Financial's earnings last quarter?: First Western Financial, Inc. (NASDAQ:MYFW) issued its quarterly earnings results on Thursday, January, 25th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.30. The firm had revenue of $22.41 million for the quarter, compared to analyst estimates of $23.70 million. First Western Financial had a trailing twelve-month return on equity of 4.00% and a net margin of 5.19%.

What other stocks do shareholders of First Western Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other First Western Financial investors own include Suncor Energy (SU), Verizon Communications (VZ), AbbVie (ABBV), CenterPoint Energy (CNP), JPMorgan Chase & Co. (JPM), Mercury General (MCY), ONEOK (OKE), Toronto-Dominion Bank (TD), WestRock (WRK) and Exxon Mobil (XOM).
When did First Western Financial IPO?: First Western Financial (MYFW) raised $38 million in an initial public offering (IPO) on Thursday, July 19th 2018. The company issued 1,900,000 shares at a price of $19.00-$21.00 per share. Keefe, Bruyette & Woods (A Stifel Company) and Stephens acted as the underwriters for the IPO and Sandler O'Neill + Partners, L.P. was co-manager.
How do I buy shares of First Western Financial?: Shares of MYFW 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.
Does First Western Financial have any subsidiaries?: The following companies are subsidiares of First Western Financial: First Western Capital Management Company, and First Western Trust Bank.
Read More

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

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First Western Financial (MYFW) Stock Price, News & Analysis

First Western Financial MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About First Western Financial Stock (NASDAQ:MYFW)

MYFW Stock Price History

MYFW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

MYFW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™