With 1.39 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.68 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $62.705 whereas the lowest price it dropped to was $61.83. The 52-week range on FAF shows that it touched its highest point at $67.88 and its lowest point at $51.60 during that stretch. It currently has a 1-year price target of $76.40. With its current market cap of 6.44 billion, FAF has annualized dividend of $2.13 while the current yield stands at 3.41%. Beta for the stock currently stands at 1.30.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FAF was down-trending over the past week, with a drop of -2.59%, but this was down by -2.74% over a month. Three-month performance surged to 3.96% while six-month performance rose 12.05%. The stock gained 15.44% in the past year, while it has lost -3.03% so far this year. A look at the trailing 12-month EPS for FAF yields 0.88 with Next year EPS estimates of 5.59. For the next quarter, that number is 1.10. This implies an EPS growth rate of 63.61% for this year and 65.06% for next year. EPS is expected to decline by -7.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.13%.
Float and Shares Shorts:
At present, 103.10 million FAF shares are outstanding with a float of 98.13 million shares on hand for trading. On 2024-10-15, short shares totaled 1.08 million, which was 105.0 higher than short shares on 1726185600. In addition to Mr. Kenneth David DeGiorgio BA, MBA as the firm’s CEO & Director, Mr. Mark Edward Seaton serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.89502 of FAF’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FAF since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FAF analysts setting a high price target of 84.0 and a low target of 72.0, the average target price over the next 12 months is 76.4. Based on these targets, FAF could surge 34.42% to reach the target high and rise by 15.22% to reach the target low. Reaching the average price target will result in a growth of 22.26% from current levels.
Analysts have provided yearly estimates in a range of $3.48004 being high and $3.2933 being low. For FAF, this leads to a yearly average estimate of $3.38667. The surprise factor in the prior quarter was $1.16. Based on analyst estimates, the high estimate for the next quarter is $1.21 and the low estimate is $0.74. The average estimate for the next quarter is thus $0.92.
