Zacks Research Has Optimistic Outlook of FAF Q1 Earnings

First American Financial Corporation (NYSE:FAF) – Equities research analysts at Zacks Research lifted their Q1 2027 earnings per share estimates for shares of First American Financial in a report released on Thursday, March 19th. Zacks Research analyst Team now anticipates that the insurance provider will earn $1.14 per share for the quarter, up from their prior forecast of $1.13. The consensus estimate for First American Financial’s current full-year earnings is $5.35 per share.

First American Financial (NYSE:FAF) last posted its earnings results on Wednesday, February 11th. The insurance provider reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.50. The company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.80 billion. First American Financial had a return on equity of 11.92% and a net margin of 8.34%.The firm’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period last year, the business posted $1.35 earnings per share.

Several other research firms have also recently commented on FAF. Stephens upgraded shares of First American Financial from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $70.00 to $81.00 in a research report on Monday, March 2nd. Barclays lifted their price target on First American Financial from $68.00 to $70.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of First American Financial in a research report on Friday, February 13th. Wall Street Zen upgraded First American Financial from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Finally, Keefe, Bruyette & Woods lifted their target price on First American Financial from $79.00 to $81.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $78.50.

First American Financial Stock Down 2.3%

FAF stock opened at $56.88 on Monday. The stock has a market cap of $5.80 billion, a PE ratio of 9.46, a price-to-earnings-growth ratio of 0.58 and a beta of 1.25. The firm’s 50-day simple moving average is $65.02 and its 200 day simple moving average is $63.94. First American Financial has a fifty-two week low of $53.09 and a fifty-two week high of $71.47.

Hedge Funds Weigh In On First American Financial

Several institutional investors and hedge funds have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its position in shares of First American Financial by 9.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 12,252 shares of the insurance provider’s stock worth $753,000 after purchasing an additional 1,093 shares in the last quarter. Larry Mathis Financial Planning LLC purchased a new position in First American Financial during the fourth quarter valued at approximately $229,000. Corient Private Wealth LLC grew its position in First American Financial by 3.9% during the fourth quarter. Corient Private Wealth LLC now owns 872,826 shares of the insurance provider’s stock valued at $53,627,000 after purchasing an additional 32,507 shares in the last quarter. SHP Wealth Management acquired a new position in First American Financial in the 4th quarter valued at approximately $51,000. Finally, Tulsa Wealth Advisors INC acquired a new position in First American Financial in the 4th quarter valued at approximately $454,000. Hedge funds and other institutional investors own 89.05% of the company’s stock.

Insider Buying and Selling at First American Financial

In other First American Financial news, Director Parker S. Kennedy purchased 44,841 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were purchased at an average cost of $67.85 per share, with a total value of $3,042,461.85. Following the completion of the transaction, the director owned 251,552 shares of the company’s stock, valued at approximately $17,067,803.20. This represents a 21.69% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.70% of the company’s stock.

First American Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, March 9th. First American Financial’s dividend payout ratio (DPR) is 36.61%.

First American Financial Company Profile

First American Financial Corporation is a leading provider of title insurance, settlement services and diversified real estate-related data and analytics. Headquartered in Santa Ana, California, the company serves customers throughout the United States as well as in Canada, Europe, Latin America and Asia. Its business is built on the underwriting capabilities of its title insurance operations combined with comprehensive closing and escrow services for homebuyers, sellers, mortgage lenders and real estate professionals.

The company’s title insurance segment issues policies that protect property owners and mortgage lenders against defects in titles, liens or encumbrances that can arise during real property transactions.