First American Financial Corp (NYSE: FAF) is 0.26% 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 $59.70 in the last trading session, with the day’s gains setting it 2.9%.
Currently trading at $62.60, the stock is 1.61% and -0.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing 4.86% at the moment leaves the stock -1.02% off its SMA200. FAF registered 9.63% gain for a year compared to 6-month gain of -2.86%. The firm has a 50-day simple moving average (SMA 50) of $63.1796 and a 200-day simple moving average (SMA200) of $63.24205.
The stock witnessed a -4.72% loss in the last 1 month and extending the period to 3 months gives it a 2.04%, and is 6.25% up 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 3.60% over the week and 3.63% over the month.
First American Financial Corp (FAF) has around 19038 employees, a market worth around $6.45B and $4.58B in sales. Current P/E ratio is 41.37 and Fwd P/E is 10.29. Profit margin for the company is 3.46%. Distance from 52-week low is 21.33% and -11.73% from its 52-week high. The company has generated returns on investments over the last 12 months (2.40%).
with sales reaching $1.76B over the same period.The EPS is expected to grow by 288.29% this year, but quarterly earnings will post 13.49% year-over-year. Quarterly sales are estimated to grow 8.97% in year-over-year returns.
538.0 institutions hold shares in First American Financial Corp (FAF), with institutional investors hold 96.16% of the company’s shares. The shares outstanding are 103.09M, and float is at 98.51M with Short Float at 1.07%. Institutions hold 92.63% 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
First American Financial Corp disclosed in a document filed with the SEC on Feb 25 ’25 that Seaton Mark Edward (EVP & Chief Financial Officer) sold a total of 37,321 shares of the company’s common stock. The trade occurred on Feb 25 ’25 and was made at $65.27 per share for $2.44 million. Following the transaction, the insider now directly holds 0.16 million shares of the FAF stock.
Still, SEC filings show that on Feb 25 ’25, Cornehl Lisa W (SVP, Chief Legal Officer) disposed off 3,057 shares at an average price of $65.49 for $0.2 million. The insider now directly holds 23,825 shares of First American Financial Corp (FAF).
