First Foundation Inc (NYSE: FFWM) is -17.07% lower on its value in year-to-date trading and has touched a low of $4.84 and a high of $10.33 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 FFWM stock was last observed hovering at around $5.46 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $5.15, the stock is -14.84% and -23.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -5.68% at the moment leaves the stock -20.80% off its SMA200. FFWM registered -49.81% loss for a year compared to 6-month loss of -26.43%. The firm has a 50-day simple moving average (SMA 50) of $6.7588 and a 200-day simple moving average (SMA200) of $6.5024.
The stock witnessed a -13.88% gain in the last 1 month and extending the period to 3 months gives it a -28.77%, and is -17.60% 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 7.10% over the week and 5.18% over the month.
First Foundation Inc (FFWM) has around 567 employees, a market worth around $424.18M and $662.11M in sales. Fwd P/E is 11.15. Profit margin for the company is -13.96%. Distance from 52-week low is 6.40% and -50.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.48%).
with sales reaching $64.16M over the same period.The EPS is expected to grow by 307.86% this year, but quarterly earnings will post 20.31% year-over-year. Quarterly sales are estimated to grow 25.64% in year-over-year returns.
First Foundation Inc (FFWM) Top Institutional Holders
208.0 institutions hold shares in First Foundation Inc (FFWM), with institutional investors hold 86.96% of the company’s shares. The shares outstanding are 82.37M, and float is at 72.12M with Short Float at 7.94%. Institutions hold 81.25% of the Float.
The top institutional shareholder in the company is FMR LLC with over 5.08 million shares valued at $33.28 million. The investor’s holdings represent 8.9944% of the FFWM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.93 million shares valued at $25.76 million to account for 6.962 of the shares outstanding. The other top investors are AZORA CAPITAL LP which holds 3.76 million shares representing 6.6532% and valued at over $24.62 million, while VANGUARD GROUP INC holds 5.2702 of the shares totaling 2.98 million with a market value of $19.5 million.
First Foundation Inc (FFWM) Insider Activity
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First Foundation Inc disclosed in a document filed with the SEC on Feb 29 ’24 that KELLER ULRICH E. JR (Chairman) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Feb 29 ’24 and was made at $8.16 per share for $0.2 million. Following the transaction, the insider now directly holds 1.23 million shares of the FFWM stock.
