First American Financial Corp (NYSE: FAF) is 2.29% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FAF stock was last observed hovering at around $64.00 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $63.87, the stock is -0.24% and 1.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -0.20% at the moment leaves the stock 3.30% off its SMA200. FAF registered 10.71% gain for a year compared to 6-month loss of -2.32%.
The stock witnessed a -0.08% gain in the last 1 month and extending the period to 3 months gives it a -8.25%, and is -2.77% 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 2.23% over the week and 2.04% over the month.
First American Financial Corp (FAF) has around 19038 employees, a market worth around $6.57B and $5.88B in sales. Current P/E ratio is 51.08 and Fwd P/E is 10.51. Profit margin for the company is 2.23%. Distance from 52-week low is 23.79% and -9.94% from its 52-week high. The company has generated returns on investments over the last 12 months (1.99%).
with sales reaching $1.55B over the same period.The EPS is expected to grow by 293.85% this year, but quarterly earnings will post 15.36% year-over-year. Quarterly sales are estimated to grow 9.04% in year-over-year returns.
First American Financial Corp (FAF) Top Institutional Holders
The shares outstanding are 103.00M, and float is at 98.25M with Short Float at 1.21%.
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 Seaton Mark Edward, the company’s EVP & Chief Financial Officer. SEC filings show that Seaton Mark Edward sold 37,321 shares of the company’s common stock on Feb 25 ’25 at a price of $65.27 per share for a total of $2.44 million. Following the sale, the insider now owns 0.16 million shares.
First American Financial Corp disclosed in a document filed with the SEC on Feb 25 ’25 that Cornehl Lisa W (SVP, Chief Legal Officer) sold a total of 3,057 shares of the company’s common stock. The trade occurred on Feb 25 ’25 and was made at $65.49 per share for $0.2 million. Following the transaction, the insider now directly holds 23825.0 shares of the FAF stock.
Still, SEC filings show that on Feb 24 ’25, Seaton Mark Edward (EVP & Chief Financial Officer) disposed off 12,679 shares at an average price of $64.28 for $0.81 million. The insider now directly holds 195,812 shares of First American Financial Corp (FAF).
