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HomeMarketResultsFirst American Financial Co. (NYSE:FAF) Receives Average Rating of "Moderate Buy" from...

First American Financial Co. (NYSE:FAF) Receives Average Rating of “Moderate Buy” from Brokerages


First American Monetary Co. (NYSE:FAFGet Rating) has obtained a consensus advice of “Average Purchase” from the seven brokerages which are presently masking the corporate, Marketbeat.com experiences. Three analysts have rated the inventory with a maintain score and three have given a purchase score to the corporate. The common 12-month goal value amongst brokerages which have lined the inventory within the final 12 months is $69.00.

Numerous equities analysts have commented on FAF shares. Truist Monetary dropped their value goal on shares of First American Monetary from $77.00 to $67.00 and set a “purchase” score for the corporate in a analysis word on Monday, October seventeenth. Keefe, Bruyette & Woods downgraded First American Monetary from an “outperform” score to a “market carry out” score and set a $61.00 value goal on the inventory. in a analysis report on Wednesday, December 14th. TheStreet lowered First American Monetary from a “b-” score to a “c+” score in a analysis word on Friday, September thirtieth. StockNews.com started protection on First American Monetary in a report on Wednesday, October twelfth. They set a “maintain” score on the inventory. Lastly, Barclays dropped their value goal on shares of First American Monetary from $83.00 to $64.00 and set an “obese” score for the corporate in a analysis word on Monday, October seventeenth.

First American Monetary Buying and selling Up 2.1 %

Shares of First American Financial stock opened at $53.46 on Wednesday. The agency has a market cap of $5.54 billion, a PE ratio of 12.61 and a beta of 1.21. The inventory has a 50 day shifting common of $52.20 and a 200 day shifting common of $52.38. First American Monetary has a 12 month low of $43.54 and a 12 month excessive of $81.54.

First American Monetary (NYSE:FAFGet Rating) final issued its quarterly earnings knowledge on Thursday, October twenty seventh. The insurance coverage supplier reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.12. First American Monetary had a return on fairness of 14.89% and a internet margin of 5.66%. The enterprise had income of $1.82 billion for the quarter, in comparison with analysts’ expectations of $1.99 billion. As a gaggle, equities analysis analysts forecast that First American Monetary will publish 6.22 earnings per share for the present fiscal 12 months.

First American Monetary Dividend Announcement

The agency additionally not too long ago introduced a quarterly dividend, which was paid on Thursday, December fifteenth. Shareholders of file on Thursday, December eighth have been paid a $0.52 dividend. The ex-dividend date was Wednesday, December seventh. This represents a $2.08 dividend on an annualized foundation and a yield of three.89%. First American Monetary’s payout ratio is 49.06%.

Institutional Buying and selling of First American Monetary

Numerous giant buyers have not too long ago made adjustments to their positions within the inventory. Raymond James & Associates lifted its holdings in First American Monetary by 4.6% throughout the 1st quarter. Raymond James & Associates now owns 62,727 shares of the insurance coverage supplier’s inventory valued at $4,066,000 after shopping for a further 2,765 shares within the final quarter. Raymond James Monetary Providers Advisors Inc. boosted its holdings in shares of First American Monetary by 2.9% within the first quarter. Raymond James Monetary Providers Advisors Inc. now owns 10,501 shares of the insurance coverage supplier’s inventory valued at $681,000 after buying a further 294 shares throughout the interval. American Century Corporations Inc. grew its stake in First American Monetary by 19.7% within the first quarter. American Century Corporations Inc. now owns 28,814 shares of the insurance coverage supplier’s inventory price $1,868,000 after buying a further 4,736 shares within the final quarter. Cambridge Funding Analysis Advisors Inc. elevated its holdings in First American Monetary by 7.1% throughout the 1st quarter. Cambridge Funding Analysis Advisors Inc. now owns 3,725 shares of the insurance coverage supplier’s inventory price $241,000 after buying a further 247 shares throughout the interval. Lastly, MetLife Funding Administration LLC raised its place in First American Monetary by 33.3% throughout the 1st quarter. MetLife Funding Administration LLC now owns 70,923 shares of the insurance coverage supplier’s inventory valued at $4,597,000 after buying a further 17,729 shares within the final quarter. 84.45% of the inventory is owned by hedge funds and different institutional buyers.

First American Monetary Firm Profile

(Get Rating)

First American Monetary Company, by means of its subsidiaries, supplies monetary companies. It operates by means of Title Insurance coverage and Providers, and Specialty Insurance coverage segments. The Title Insurance coverage and Providers section points title insurance coverage insurance policies on residential and industrial property, in addition to affords associated services.

See Additionally

Analyst Recommendations for First American Financial (NYSE:FAF)

This immediate information alert was generated by narrative science expertise and monetary knowledge from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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