First American Financial Corp (NYSE: FAF) is -3.88% lower on its value in year-to-date trading and has touched a low of $51.60 and a high of $70.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FAF stock was last observed hovering at around $60.52 in the last trading session, with the day’s loss setting it -0.5%.
Currently trading at $60.02, the stock is -4.86% and -7.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.48 million and changing -0.83% at the moment leaves the stock -0.98% off its SMA200. FAF registered -3.57% loss for a year compared to 6-month gain of 12.71%. The firm has a 50-day simple moving average (SMA 50) of $64.8748 and a 200-day simple moving average (SMA200) of $60.6159.
The stock witnessed a -12.77% loss in the last 1 month and extending the period to 3 months gives it a -6.04%, and is -3.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.11% over the week and 2.11% over the month.
First American Financial Corp (FAF) has around 19210 employees, a market worth around $6.18B and $5.63B in sales. Current P/E ratio is 68.03 and Fwd P/E is 11.16. Profit margin for the company is 1.65%. Distance from 52-week low is 16.33% and -15.37% from its 52-week high. The company has generated returns on investments over the last 12 months (1.29%).
The EPS is expected to grow by 108.21% this year
521.0 institutions hold shares in First American Financial Corp (FAF), with institutional investors hold 93.03% of the company’s shares. The shares outstanding are 103.00M, and float is at 98.44M with Short Float at 1.57%. Institutions hold 89.55% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.61 million shares valued at $572.39 million. The investor’s holdings represent 10.1917 of the FAF Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 9.25 million shares valued at $498.91 million to account for 8.8834 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 9.22 million shares representing 8.8574 and valued at over $497.45 million, while HG VORA CAPITAL MANAGEMENT, LLC holds 4.8751 of the shares totaling 5.08 million with a market value of $273.8 million.
First American Financial Corp (FAF) Insider Activity
The most recent transaction is an insider sale by Adams Steven A, the company’s VP & Chief Accounting Officer. SEC filings show that Adams Steven A sold 2,337 shares of the company’s common stock on Oct 29 ’24 at a price of $63.76 per share for a total of $0.15 million. Following the sale, the insider now owns 7113.0 shares.
