With 0.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.7 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $67.64 whereas the lowest price it dropped to was $66.355. 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 7.10 billion, FAF has annualized dividend of $2.13 while the current yield stands at 3.15%. FAF paid its most recent dividend on 1726790400, while the ex-dividend date for that was 1733702400. Beta for the stock currently stands at 1.31.
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 up-trending over the past week, with a rise of 4.09%, but this was up by 5.79% over a month. Three-month performance surged to 5.92% while six-month performance rose 23.21%. The stock gained 16.78% in the past year, while it has gained 4.97% 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 98.14 million shares on hand for trading. On 2024-10-31, short shares totaled 0.94 million, which was 91.0 higher than short shares on 1727654400. 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 0.89533997 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 24.19% to reach the target high and rise by 6.45% to reach the target low. Reaching the average price target will result in a growth of 12.95% from current levels.
Analysts have provided yearly estimates in a range of $3.43697 being high and $3.29446 being low. For FAF, this leads to a yearly average estimate of $3.38667. The surprise factor in the prior quarter was $1.17. 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.
