Zacks Research Has Positive Estimate for FAF Q4 Earnings

First American Financial Co. (NYSE:FAF) – Investment analysts at Zacks Research increased their Q4 2024 earnings per share estimates for First American Financial in a report issued on Wednesday, November 13th. Zacks Research analyst T. De now forecasts that the insurance provider will earn $1.03 per share for the quarter, up from their previous estimate of $1.01. The consensus estimate for First American Financial’s current full-year earnings is $4.04 per share. Zacks Research also issued estimates for First American Financial’s Q1 2025 earnings at $0.87 EPS, Q2 2025 earnings at $1.61 EPS, Q3 2025 earnings at $1.62 EPS, Q4 2025 earnings at $1.17 EPS, FY2025 earnings at $5.27 EPS, Q1 2026 earnings at $0.94 EPS, Q2 2026 earnings at $2.04 EPS and Q3 2026 earnings at $0.57 EPS.

First American Financial (NYSE:FAF) last announced its quarterly earnings data on Wednesday, October 23rd. The insurance provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.19. First American Financial had a return on equity of 7.95% and a net margin of 1.58%. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the previous year, the business posted $1.22 EPS. The company’s quarterly revenue was down 5.1% compared to the same quarter last year.

Other research analysts have also issued research reports about the stock. Keefe, Bruyette & Woods lifted their price target on shares of First American Financial from $66.00 to $72.00 and gave the company an “outperform” rating in a research note on Wednesday, September 4th. Barclays boosted their price target on First American Financial from $70.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Truist Financial increased their price target on shares of First American Financial from $68.00 to $73.00 and gave the company a “buy” rating in a report on Friday, October 25th. Finally, Stephens increased their target price on shares of First American Financial from $66.00 to $73.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $72.50.

First American Financial Trading Up 0.6 %

First American Financial stock opened at $65.39 on Monday. The firm has a market capitalization of $6.74 billion, a P/E ratio of 73.47 and a beta of 1.29. The business has a 50-day moving average of $64.79 and a 200-day moving average of $59.95. First American Financial has a 1 year low of $51.60 and a 1 year high of $67.88.

Hedge Funds Weigh In On First American Financial

Institutional investors and hedge funds have recently bought and sold shares of the company. Mather Group LLC. increased its holdings in First American Financial by 99.1% in the second quarter. Mather Group LLC. now owns 671 shares of the insurance provider’s stock valued at $36,000 after purchasing an additional 334 shares during the period. GAMMA Investing LLC raised its holdings in First American Financial by 56.9% during the second quarter. GAMMA Investing LLC now owns 709 shares of the insurance provider’s stock worth $38,000 after buying an additional 257 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in First American Financial by 132.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 625 shares of the insurance provider’s stock worth $41,000 after purchasing an additional 356 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in First American Financial during the 2nd quarter valued at $47,000. Finally, Quarry LP grew its position in First American Financial by 340.8% in the 2nd quarter. Quarry LP now owns 864 shares of the insurance provider’s stock worth $47,000 after purchasing an additional 668 shares in the last quarter. Institutional investors and hedge funds own 89.05% of the company’s stock.

First American Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 9th will be given a $0.54 dividend. The ex-dividend date is Monday, December 9th. This represents a $2.16 dividend on an annualized basis and a yield of 3.30%. First American Financial’s dividend payout ratio is currently 242.70%.

First American Financial Company Profile

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally.