First American Financial Corp (FAF) expanding its growth trajectory ahead

With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.74 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $54.69 whereas the lowest price it dropped to was $54.24. The 52-week range on FAF shows that it touched its highest point at $65.54 and its lowest point at $49.55 during that stretch. It currently has a 1-year price target of $66.60. With its current market cap of 5.66 billion, FAF has annualized dividend of $2.11 while the current yield stands at 3.86%. Beta for the stock currently stands at 1.30.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FAF was up-trending over the past week, with a rise of 2.63%, but this was down by -9.09% over a month. Three-month performance dropped to -8.20% while six-month performance rose 0.26%. The stock lost -6.36% in the past year, while it has lost -15.25% so far this year. A look at the trailing 12-month EPS for FAF yields 2.08 with Next year EPS estimates of 5.10. For the next quarter, that number is 1.15. This implies an EPS growth rate of 84.30% for this year and 33.68% for next year. EPS is expected to decline by -7.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.13%.

Float and Shares Shorts:

At present, 103.10 million FAF shares are outstanding with a float of 98.83 million shares on hand for trading. On 2024-04-15, short shares totaled 1.42 million, which was 137.0 higher than short shares on 1710460800. In addition to Mr. Kenneth David DeGiorgio BA, MBA as the firm’s CEO & Director, Mr. Mark Edward Seaton serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.89315003 of FAF’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FAF since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.