First American Financial (FAF) Expected to Announce Quarterly Earnings on Wednesday

First American Financial (NYSE:FAF - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $1.62 billion for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

First American Financial Trading Down 0.1 %

Shares of FAF stock traded down $0.08 during trading on Friday, reaching $64.02. 339,185 shares of the company's stock traded hands, compared to its average volume of 407,107. First American Financial has a 1 year low of $51.60 and a 1 year high of $70.92. The company has a market capitalization of $6.59 billion, a P/E ratio of 71.93 and a beta of 1.33. The firm's 50-day moving average is $63.34 and its 200 day moving average is $63.76.

First American Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 10th will be issued a dividend of $0.54 per share. The ex-dividend date is Monday, March 10th. This represents a $2.16 dividend on an annualized basis and a yield of 3.37%. First American Financial's dividend payout ratio (DPR) is 242.70%.

Analyst Ratings Changes

Several brokerages have recently weighed in on FAF. Barclays upped their price target on First American Financial from $70.00 to $72.00 and gave the company an "equal weight" rating in a research report on Friday, October 25th. Stephens boosted their price target on shares of First American Financial from $66.00 to $73.00 and gave the company an "overweight" rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods lowered their price objective on First American Financial from $80.00 to $74.00 and set a "market perform" rating on the stock in a research report on Wednesday, January 8th. Finally, Truist Financial boosted their target price on First American Financial from $68.00 to $73.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $73.00.

First American Financial Company Profile

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally.