First American Financial Corp (NYSE: FAF) kicked off on Tuesday, down -0.44% from the previous trading day, before settling in for the closing price of $64.01. Over the past 52 weeks, FAF has traded in a range of $50.32-$67.88.
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A company in the Financial sector has jumped its sales by 2.73% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 63.61%. With a float of $98.14 million, this company’s outstanding shares have now reached $103.10 million.
In an organization with 19210 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 94.88%, operating margin of -0.0%, and the pretax margin is 1.77%.
First American Financial Corp (FAF) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Specialty Industry. The insider ownership of First American Financial Corp is 4.73%, while institutional ownership is 86.71%. The most recent insider transaction that took place on Oct 29 ’24, was worth 149,012. Before that another transaction happened on Nov 15 ’23, when Company’s VP & Chief Accounting Officer sold 1,800 for $56.20, making the entire transaction worth $101,160. This insider now owns 7,487 shares in total.
First American Financial Corp (FAF) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.69 earnings per share (EPS), lower than consensus estimate (set at 0.77) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 63.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -7.65% during the next five years compared to -13.13% drop over the previous five years of trading.
First American Financial Corp (NYSE: FAF) Trading Performance Indicators
Take a look at First American Financial Corp’s (FAF) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.17. Likewise, its price to free cash flow for the trailing twelve months is 20.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.88, a number that is poised to hit 1.10 in the next quarter and is forecasted to reach 5.59 in one year’s time.
Technical Analysis of First American Financial Corp (FAF)
Let’s dig in a bit further. During the last 5-days, its volume was 0.78 million. That was better than the volume of 0.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.63%. Additionally, its Average True Range was 1.36.
During the past 100 days, First American Financial Corp’s (FAF) raw stochastic average was set at 74.11%, which indicates a significant increase from 18.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.63% in the past 14 days, which was higher than the 20.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.76, while its 200-day Moving Average is $59.08. However, in the short run, First American Financial Corp’s stock first resistance to watch stands at $64.17. Second resistance stands at $64.60. The third major resistance level sits at $65.18. If the price goes on to break the first support level at $63.15, it is likely to go to the next support level at $62.57. The third support level lies at $62.14 if the price breaches the second support level.
First American Financial Corp (NYSE: FAF) Key Stats
The company with the Market Capitalisation of 6.56 billion has total of 102,888K Shares Outstanding. Its annual sales at the moment are 6,004 M in contrast with the sum of 216,800 K annual income. Company’s last quarter sales were recorded 1,406 M and last quarter income was -104,000 K.
