Zacks Research Issues Positive Forecast for FAF Earnings

First American Financial Corporation (NYSE:FAF) – Zacks Research raised their Q1 2027 earnings per share (EPS) estimates for First American Financial in a research report issued to clients and investors 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.

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

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

First American Financial Price Performance

FAF opened at $56.88 on Monday. The company has a market capitalization of $5.80 billion, a PE ratio of 9.46, a price-to-earnings-growth ratio of 0.58 and a beta of 1.25. First American Financial has a fifty-two week low of $53.09 and a fifty-two week high of $71.47. The business has a 50-day moving average of $65.02 and a 200-day moving average of $63.94.

Institutional Investors Weigh In On First American Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the business. V Square Quantitative Management LLC acquired a new position in shares of First American Financial during the 4th quarter worth about $27,000. SJS Investment Consulting Inc. increased its position in First American Financial by 2,887.5% in the 3rd quarter. SJS Investment Consulting Inc. now owns 478 shares of the insurance provider’s stock worth $31,000 after buying an additional 462 shares during the period. Global Retirement Partners LLC increased its position in First American Financial by 1,107.5% in the 4th quarter. Global Retirement Partners LLC now owns 483 shares of the insurance provider’s stock worth $30,000 after buying an additional 443 shares during the period. Elevation Point Wealth Partners LLC acquired a new position 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 valued at approximately $37,000. 89.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Parker S. Kennedy bought 44,841 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were purchased at an average price of $67.85 per share, for a total transaction of $3,042,461.85. Following the acquisition, the director directly owned 251,552 shares of the company’s stock, valued at $17,067,803.20. The trade was a 21.69% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 3.70% of the stock is owned by company insiders.

First American Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were paid a $0.55 dividend. The ex-dividend date was Monday, March 9th. This represents a $2.20 dividend on an annualized basis and a yield of 3.9%. First American Financial’s dividend payout ratio (DPR) is presently 36.61%.

First American Financial Company Profile

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.