A new trading day began on Tuesday, with First American Financial Corp (NYSE: FAF) stock price down -1.18% from the previous day of trading, before settling in for the closing price of $70.44. FAF’s price has ranged from $51.60 to $70.92 over the past 52 weeks.
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Annual sales at Financial sector company grew by 2.73% over the past five years. Meanwhile, its annual earnings per share averaged 63.61%. With a float of $98.14 million, this company’s outstanding shares have now reached $103.00 million.
Let’s look at the performance matrix of the company that is accounted for 19210 employees. In terms of profitability, gross margin is 90.02%, operating margin of 4.36%, and the pretax margin is 1.85%.
First American Financial Corp (FAF) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Specialty Industry. The insider ownership of First American Financial Corp is 4.73%, while institutional ownership is 86.90%. The most recent insider transaction that took place on Oct 29 ’24, was worth 149,012. In this transaction VP & Chief Accounting Officer of this company sold 2,337 shares at a rate of $63.76, taking the stock ownership to the 7,113 shares. Before that another transaction happened on Oct 29 ’24, when Company’s Officer proposed sale 2,337 for $63.76, making the entire transaction worth $149,012.
First American Financial Corp (FAF) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.69 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
Here are First American Financial Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.27. Likewise, its price to free cash flow for the trailing twelve months is 22.89.
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)
First American Financial Corp (NYSE: FAF) saw its 5-day average volume 0.68 million, a positive change from its year-to-date volume of 0.67 million. As of the previous 9 days, the stock’s Stochastic %D was 84.95%. Additionally, its Average True Range was 1.39.
During the past 100 days, First American Financial Corp’s (FAF) raw stochastic average was set at 90.98%, which indicates a significant increase from 81.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.69% in the past 14 days, which was lower than the 19.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.37, while its 200-day Moving Average is $59.78. Nevertheless, the first resistance level for the watch stands at $70.44 in the near term. At $71.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $71.86. If the price goes on to break the first support level at $69.02, it is likely to go to the next support level at $68.43. Assuming the price breaks the second support level, the third support level stands at $67.60.
First American Financial Corp (NYSE: FAF) Key Stats
With a market capitalization of 7.17 billion, the company has a total of 103,004K Shares Outstanding. Currently, annual sales are 6,004 M while annual income is 216,800 K. The company’s previous quarter sales were 1,406 M while its latest quarter income was -104,000 K.
