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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First American Financial in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FAF shares. View FAF analyst ratings or view top-rated stocks .

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

6 Wall Street analysts have issued 12-month price targets for First American Financial's stock. Their FAF share price targets range from $53.00 to $77.00. On average, they anticipate the company's share price to reach $68.00 in the next twelve months. This suggests a possible upside of 23.7% from the stock's current price. View analysts price targets for FAF or view top-rated stocks among Wall Street analysts .

How have FAF shares performed in 2024?

First American Financial's stock was trading at $64.44 on January 1st, 2024. Since then, FAF stock has decreased by 14.7% and is now trading at $54.99. View the best growth stocks for 2024 here .

Are investors shorting First American Financial?

First American Financial saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,160,000 shares, a decrease of 34.5% from the March 15th total of 1,770,000 shares. Based on an average daily volume of 717,100 shares, the short-interest ratio is presently 1.6 days. Approximately 1.2% of the shares of the stock are short sold. View First American Financial's Short Interest .

When is First American Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our FAF earnings forecast .

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

First American Financial will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745815".

How were First American Financial's earnings last quarter?

First American Financial Co. (NYSE:FAF) announced its quarterly earnings results on Thursday, February, 8th. The insurance provider reported $0.69 EPS for the quarter, missing analysts' consensus estimates of $0.75 by $0.06. The insurance provider had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.47 billion. First American Financial had a net margin of 3.61% and a trailing twelve-month return on equity of 8.27%. The business's revenue for the quarter was down 15.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.35 earnings per share.

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, January 30th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.53 per share on Friday, March 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date is Thursday, March 7th. Read our dividend analysis for FAF .

Is First American Financial a good dividend stock?

First American Financial (NYSE:FAF) pays an annual dividend of $2.12 per share and currently has a dividend yield of 3.72%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 101.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FAF will have a dividend payout ratio of 39.19% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FAF .

What ETFs hold First American Financial's stock?

ETFs with the largest weight of First American Financial (NYSE:FAF) stock in their portfolio include SPDR S&P Insurance ETF (KIE) , Schwab Ariel ESG ETF (SAEF) , Global X Guru Index ETF (GURU) , Harbor Corporate Culture Leaders ETF (HAPY) , Fidelity Fundamental Small-Mid Cap ETF (FSMO) , iShares U.S. Insurance ETF (IAK) , First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) and Nuveen ESG Small-Cap ETF (NUSC) .

What other stocks do shareholders of First American Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First American Financial investors own include Xtrackers California Municipal Bond ETF (CA) , BlackRock (BLK) , Endologix (ELGX) , Chipotle Mexican Grill (CMG) , Starbucks (SBUX) , Athabasca Oil (ATH) , NIC (EGOV) , Micron Technology (MU) , Zoetis (ZTS) and Accenture (ACN) .

Who are First American Financial's major shareholders?

First American Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Reinhart Partners LLC. (0.55%), ST Germain D J Co. Inc. (0.21%), Los Angeles Capital Management LLC (0.06%), Wealth Enhancement Advisory Services LLC (0.01%), First Bank & Trust (0.00%) and American National Bank (0.00%). Insiders that own company stock include Christopher Michael Leavell , Kenneth D Degiorgio and Steven A Adams . View institutional ownership trends .

How do I buy shares of First American Financial?

Shares of FAF 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:FAF

First American Financial (FAF) Stock Price, News & Analysis

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Free FAF Stock Alerts

$54.99

-0.12 (-0.22%)

(As of 04/17/2024 ET)

Compare

Today's Range: $54.89
▼
$55.70
50-Day Range: $54.36
▼
$61.05
52-Week Range: $49.55
▼
$65.54

Volume: 371,173 shs
Average Volume: 707,513 shs
Market Capitalization: $5.69 billion

P/E Ratio: 26.44
Dividend Yield: 3.86%
Price Target: $68.00

Get First American Financial alerts:

First American Financial MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 23.7% Upside
$68.00 Price Target
Short Interest: Healthy
1.18% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.52
Upright™ Environmental Score
News Sentiment: 0.18
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 21.03%
From $4.47 to $5.41 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.

4.85 out of 5 stars

Finance Sector

56th out of 829 stocks

Title Insurance Industry

2nd out of 4 stocks

2.3

Analyst's Opinion

Consensus Rating
First American Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
First American Financial has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.18% of the float of First American Financial has been sold short.
Short Interest Ratio / Days to Cover
First American Financial has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First American Financial has recently decreased by 34.46%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Leadership
First American Financial is a leading dividend payer. It pays a dividend yield of 3.72%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First American Financial has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of First American Financial is 101.92%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, First American Financial will have a dividend payout ratio of 39.19% next year. This indicates that First American Financial will be able to sustain or increase its dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
First American Financial has received a 17.01% net impact score from Upright. First American seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Home insurance services for individuals", "Home warranties", and "Trust services" products. See details.
Environmental Sustainability
The Environmental Impact score for First American Financial is -0.52.

2.9

News and Social Media Coverage

News Sentiment
First American Financial has a news sentiment score of 0.18. 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 0.54 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for First American Financial this week, compared to 5 articles on an average week.
Search Interest
3 people have searched for FAF on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
3 people have added First American Financial to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First American Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.70% of the stock of First American Financial is held by insiders.
Percentage Held by Institutions
89.05% of the stock of First American Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for First American Financial are expected to grow by 21.03% in the coming year, from $4.47 to $5.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First American Financial is 26.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of First American Financial is 26.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.75.
Price to Book Value per Share Ratio
First American Financial has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About First American Financial Stock (NYSE:FAF)

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, document generation services, mortgage loans subservicing, and related products and 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 data and records. This segment offers its products through a network of direct operations and agents in various states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, New Zealand, South Korea, and internationally. The Home Warranty segment provides home warranty products, including residential service contracts that cover residential systems, such as heating and air conditioning systems, and various appliances against failures that occur as the result of normal usage during the coverage period. This segment operates in various states and the District of Columbia. The company was founded in 1889 and is headquartered in Santa Ana, California.

FAF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FAF Stock News Headlines

April 5, 2024 | marketbeat.com

Investors pushing for fatter yields on mortgage-backed securities may undercut easing mortgage rates

Mortgage rates are expected to come down later this year, but any benefit to homebuyers could be muted by developments in the market for financial instruments tied to mortgages

April 17, 2024 | finance.yahoo.com

First American Financial (FAF) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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First American Financial (FAF) Scheduled to Post Earnings on Wednesday

April 16, 2024 | finance.yahoo.com

Should You Hold First American Financial Corporation (FAF)?