A significant driver of top-line growth: First Foundation Inc (FFWM)

With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.53 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $6.1 whereas the lowest price it dropped to was $5.88. The 52-week range on FFWM shows that it touched its highest point at $11.47 and its lowest point at $4.84 during that stretch. It currently has a 1-year price target of $7.75. With its current market cap of 492.54 million, FFWM has annualized dividend of $0.02 while the current yield stands at 0.33%. FFWM paid its most recent dividend on 1714694400, while the ex-dividend date for that was 1714694400. Beta for the stock currently stands at 1.37.

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 FFWM was down-trending over the past week, with a drop of -3.70%, but this was down by -25.99% over a month. Three-month performance dropped to -4.17% while six-month performance fell -7.57%. The stock lost -39.53% in the past year, while it has lost -38.22% so far this year. A look at the trailing 12-month EPS for FFWM yields -1.11 with Next year EPS estimates of 0.46. For the next quarter, that number is 0.04. This implies an EPS growth rate of -60.16% for this year and 260.78% for next year.

Float and Shares Shorts:

At present, 82.36 million FFWM shares are outstanding with a float of 72.12 million shares on hand for trading. On 2024-12-13, short shares totaled 5.1 million, which was 619.0 higher than short shares on 1731628800. In addition to Mr. James Michael Britton as the firm’s Executive VP & CFO, Mr. Christopher M. Naghibi Esq. serves as its Executive VP & COO.

Institutional Ownership:

Through their ownership of 0.77712 of FFWM’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 FFWM since 3 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 FFWM analysts setting a high price target of 9.0 and a low target of 7.0, the average target price over the next 12 months is 7.75. Based on these targets, FFWM could surge 50.5% to reach the target high and rise by 17.06% to reach the target low. Reaching the average price target will result in a growth of 29.6% from current levels.

Analysts have provided yearly estimates in a range of $0.16673 being high and $0.08826923 being low. For FFWM, this leads to a yearly average estimate of $0.1275. Based on analyst estimates, the high estimate for the next quarter is $0.1 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.06.