First Foundation (FFWM) Projected to Post Earnings on Thursday

First Foundation (NASDAQ:FFWM - Get Free Report) is expected to be releasing its earnings data before the market opens on Thursday, January 30th. Analysts expect First Foundation to post earnings of $0.03 per share and revenue of $66,147.40 billion for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

First Foundation Stock Up 1.4 %

Shares of FFWM stock traded up $0.09 on Thursday, hitting $6.21. 290,432 shares of the stock were exchanged, compared to its average volume of 374,295. The business has a 50-day moving average of $6.88 and a 200 day moving average of $6.76. First Foundation has a fifty-two week low of $4.84 and a fifty-two week high of $11.47. The firm has a market capitalization of $511.13 million, a P/E ratio of -5.54 and a beta of 1.37. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 1.80.

Analyst Upgrades and Downgrades

FFWM has been the subject of several research reports. Stephens cut shares of First Foundation from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 1st. StockNews.com downgraded shares of First Foundation from a "hold" rating to a "sell" rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $6.75.

First Foundation Company Profile

First Foundation Inc, through its subsidiaries, provides banking services, investment advisory, wealth management, and trust services to individuals, businesses, and other organizations in the United States. The company operates in two segments, Banking and Wealth Management. It offers a range of deposit products, including personal and business checking accounts, savings accounts, interest-bearing demand deposit accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, commercial term loans, and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits.