Zacks Research Has Bullish Estimate for FAF Q3 Earnings

First American Financial Corporation (NYSE:FAF) – Stock analysts at Zacks Research lifted their Q3 2026 EPS estimates for shares of First American Financial in a report issued on Wednesday, November 12th. Zacks Research analyst Team now expects that the insurance provider will post earnings of $1.67 per share for the quarter, up from their prior estimate of $1.52. The consensus estimate for First American Financial’s current full-year earnings is $5.35 per share. Zacks Research also issued estimates for First American Financial’s FY2026 earnings at $6.14 EPS, Q2 2027 earnings at $1.70 EPS and Q3 2027 earnings at $1.73 EPS.

First American Financial (NYSE:FAF) last posted its quarterly earnings results on Thursday, October 23rd. The insurance provider reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.28. First American Financial had a net margin of 6.80% and a return on equity of 11.01%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the previous year, the firm posted $1.34 earnings per share. The firm’s revenue for the quarter was up 40.7% on a year-over-year basis.

Several other brokerages also recently weighed in on FAF. Truist Financial boosted their price objective on First American Financial from $73.00 to $76.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Stephens began coverage on shares of First American Financial in a research report on Friday. They set an “equal weight” rating for the company. Barclays raised their price target on shares of First American Financial from $70.00 to $71.00 and gave the stock a “cautious” rating in a report on Monday, October 6th. Weiss Ratings upgraded shares of First American Financial from a “hold (c+)” rating to a “buy (b)” rating in a report on Saturday, October 25th. Finally, Wall Street Zen raised First American Financial from a “hold” rating to a “buy” rating in a research note on Sunday, October 26th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $76.00.

First American Financial Trading Down 2.7%

NYSE FAF opened at $61.98 on Monday. The firm has a market cap of $6.32 billion, a PE ratio of 13.33 and a beta of 1.24. First American Financial has a 1-year low of $53.09 and a 1-year high of $70.92. The stock has a 50-day moving average of $63.24 and a 200-day moving average of $61.46.

First American Financial announced that its board has authorized a stock repurchase program on Wednesday, July 23rd that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the insurance provider to reacquire up to 5.1% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

First American Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 8th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, December 8th. First American Financial’s payout ratio is presently 47.31%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Capital Research Global Investors grew its stake in First American Financial by 194.5% in the third quarter. Capital Research Global Investors now owns 3,306,583 shares of the insurance provider’s stock worth $212,415,000 after purchasing an additional 2,183,960 shares during the period. Norges Bank purchased a new stake in shares of First American Financial in the 2nd quarter worth about $77,143,000. Channing Capital Management LLC grew its position in shares of First American Financial by 875.1% in the 2nd quarter. Channing Capital Management LLC now owns 1,323,513 shares of the insurance provider’s stock worth $81,250,000 after buying an additional 1,187,787 shares during the period. Boston Partners increased its stake in shares of First American Financial by 20.0% in the 2nd quarter. Boston Partners now owns 5,632,945 shares of the insurance provider’s stock worth $345,971,000 after acquiring an additional 940,687 shares in the last quarter. Finally, Frontier Capital Management Co. LLC bought a new stake in First American Financial during the second quarter worth about $47,600,000. Hedge funds and other institutional investors own 89.05% of the company’s stock.

First American Financial Company Profile

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.