Zacks Research Issues Positive Forecast for FAF Earnings

First American Financial Corporation (NYSE:FAF) – Equities research analysts at Zacks Research upped their Q1 2027 earnings estimates for First American Financial in a report released on Thursday, March 19th. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $1.14 for the quarter, up from their previous estimate of $1.13. The consensus estimate for First American Financial’s current full-year earnings is $5.35 per share.

A number of other analysts have also recently weighed in on the stock. Keefe, Bruyette & Woods upped their price target on shares of First American Financial from $79.00 to $81.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of First American Financial in a research note on Friday, February 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of First American Financial in a research report on Friday, December 26th. Barclays raised their target price on First American Financial from $68.00 to $70.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. Finally, Truist Financial boosted their price target on First American Financial from $76.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $78.50.

First American Financial Trading Up 0.0%

Shares of FAF stock opened at $58.07 on Monday. The company has a market cap of $5.94 billion, a PE ratio of 9.66, a P/E/G ratio of 0.60 and a beta of 1.25. The company’s fifty day simple moving average is $64.95 and its 200-day simple moving average is $63.82. First American Financial has a 52 week low of $53.09 and a 52 week high of $71.47.

First American Financial (NYSE:FAF) last announced its quarterly earnings results on Wednesday, February 11th. The insurance provider reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.50. First American Financial had a net margin of 8.34% and a return on equity of 11.92%. The firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.80 billion. During the same period in the previous year, the company posted $1.35 earnings per share. First American Financial’s revenue was up 21.6% compared to the same quarter last year.

First American Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 9th were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, March 9th. First American Financial’s dividend payout ratio is presently 36.61%.

Insiders Place Their Bets

In other First American Financial news, Director Parker S. Kennedy bought 44,841 shares of the stock in a transaction dated Tuesday, February 17th. The stock was bought at an average cost of $67.85 per share, for a total transaction of $3,042,461.85. Following the completion of the purchase, the director directly owned 251,552 shares of the company’s stock, valued at approximately $17,067,803.20. The trade was a 21.69% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FAF. V Square Quantitative Management LLC purchased a new stake in First American Financial during the 4th quarter worth approximately $27,000. Global Retirement Partners LLC boosted its stake in shares of First American Financial by 1,107.5% during the 4th quarter. Global Retirement Partners LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after buying an additional 443 shares during the last quarter. SJS Investment Consulting Inc. grew its position in shares of First American Financial by 2,887.5% during the third quarter. SJS Investment Consulting Inc. now owns 478 shares of the insurance provider’s stock worth $31,000 after buying an additional 462 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of First American Financial during the second quarter worth approximately $35,000. Finally, First Horizon Corp bought a new stake in shares of First American Financial in the third quarter worth $37,000. Hedge funds and other institutional investors own 89.05% of the company’s stock.

About First American Financial

First American Financial Corporation is a leading provider of title insurance, settlement services and diversified real estate-related data and analytics. Headquartered in Santa Ana, California, the company serves customers throughout the United States as well as in Canada, Europe, Latin America and Asia. Its business is built on the underwriting capabilities of its title insurance operations combined with comprehensive closing and escrow services for homebuyers, sellers, mortgage lenders and real estate professionals.

The company’s title insurance segment issues policies that protect property owners and mortgage lenders against defects in titles, liens or encumbrances that can arise during real property transactions.