Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, First American Financial Corp (NYSE: FAF) closed at $54.18 down -0.07% from its previous closing price of $54.22. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 0.75 million shares were traded. FAF stock price reached its highest trading level at $55.28 during the session, while it also had its lowest trading level at $54.15.
Ratios:
For a deeper understanding of First American Financial Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on March 21, 2024, Upgraded its rating to Outperform and sets its target price to $69 from $66 previously.
On November 15, 2023, Barclays started tracking the stock assigning a Equal Weight rating and target price of $53.Barclays initiated its Equal Weight rating on November 15, 2023, with a $53 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 15 ’23 when Adams Steven a sold 1,800 shares for $56.20 per share. The transaction valued at 101,160 led to the insider holds 7,487 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FAF now has a Market Capitalization of 5614836224 and an Enterprise Value of 6375246848. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.01, and their Forward P/E ratio for the next fiscal year is 10.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 1.066 whereas that against EBITDA is 10.557.
Stock Price History:
The Beta on a monthly basis for FAF is 1.29, which has changed by -0.052465916 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, FAF has reached a high of $65.54, while it has fallen to a 52-week low of $49.55. The 50-Day Moving Average of the stock is -5.74%, while the 200-Day Moving Average is calculated to be -7.65%.
Shares Statistics:
For the past three months, FAF has traded an average of 741.17K shares per day and 640940 over the past ten days. A total of 103.10M shares are outstanding, with a floating share count of 98.24M. Insiders hold about 4.72% of the company’s shares, while institutions hold 89.36% stake in the company. Shares short for FAF as of 1713139200 were 1416895 with a Short Ratio of 1.91, compared to 1710460800 on 1769262. Therefore, it implies a Short% of Shares Outstanding of 1416895 and a Short% of Float of 1.4199998999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for FAF is 2.11, from 2.11 in the trailing year. Against a Trailing Annual Dividend Yield of 0.038915526The stock’s 5-year Average Dividend Yield is 3.29.
Earnings Estimates
The stock of First American Financial Corp (FAF) is currently drawing attention from 7.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $1.26 for the current quarter, with a high estimate of $1.38 and a low estimate of $1.07, while EPS last year was $1.35. The consensus estimate for the next quarter is $1.27, with high estimates of $1.41 and low estimates of $1.12.
Analysts are recommending an EPS of between $4.48 and $3.7 for the fiscal current year, implying an average EPS of $4.07. EPS for the following year is $5.38, with 7.0 analysts recommending between $5.7 and $4.9.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $1.64B this quarter.It ranges from a high estimate of $1.68B to a low estimate of $1.61B. As of the current estimate, First American Financial Corp’s year-ago sales were $1.65BFor the next quarter, 5 analysts are estimating revenue of $1.67B. There is a high estimate of $1.7B for the next quarter, whereas the lowest estimate is $1.63B.
A total of 6 analysts have provided revenue estimates for FAF’s current fiscal year. The highest revenue estimate was $6.47B, while the lowest revenue estimate was $6.26B, resulting in an average revenue estimate of $6.35B. In the same quarter a year ago, actual revenue was $6.15BBased on 6 analysts’ estimates, the company’s revenue will be $6.93B in the next fiscal year. The high estimate is $7.05B and the low estimate is $6.82B.
