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NASDAQ:FFWM

First Foundation (FFWM) Stock Price, News & Analysis

$7.71
+0.02 (+0.26%)
(As of 10/17/2024 ET)

About First Foundation Stock (NASDAQ:FFWM)

Key Stats

Today's Range
$7.55
$7.76
50-Day Range
$5.83
$7.71
52-Week Range
$4.41
$11.47
Volume
792,167 shs
Average Volume
614,570 shs
Market Capitalization
$435.71 million
P/E Ratio
51.40
Dividend Yield
0.52%
Price Target
$7.80
Consensus Rating
Hold

Company Overview

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. The company also provides various specialized services comprising trust services, online and mobile banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services and equipment financing solutions. In addition, it offers investment management and financial planning services; financial, investment, and economic advisory and related services; and treasury management services, such as bill pay, check/payee/ACH positive pay, wire origination, internal and external transfers, account reconciliation reporting, mobile deposit, lockbox, cash vault services and merchant processing. Further, the company provides support services, including the processing and transmission of financial and economic data for charitable organizations. It operates through a network of branch offices and loan production offices. The company was founded in 1985 and is headquartered in Dallas, Texas.

First Foundation Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
45th Percentile Overall Score

FFWM MarketRank™: 

First Foundation scored higher than 45% of companies evaluated by MarketBeat, and ranked 27th out of 43 stocks in the financial services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    First Foundation has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    First Foundation has only been the subject of 1 research reports in the past 90 days.

  • Read more about First Foundation's stock forecast and price target.
  • Earnings Growth

    Earnings for First Foundation are expected to grow in the coming year, from ($0.07) to $0.46 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of First Foundation is 51.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of First Foundation is 51.40, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 400.03.

  • Price to Book Value per Share Ratio

    First Foundation has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about First Foundation's valuation and earnings.
  • Short Interest

    There is no current short interest data available for FFWM.
  • Dividend Yield

    First Foundation has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    First Foundation does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, First Foundation will have a dividend payout ratio of 8.70% next year. This indicates that First Foundation will be able to sustain or increase its dividend.

  • Read more about First Foundation's dividend.
  • Short Interest

    There is no current short interest data available for FFWM.
  • News Sentiment

    First Foundation has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Financial Services companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for First Foundation this week, compared to 2 articles on an average week.
  • Search Interest

    3 people have searched for FFWM on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added First Foundation to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, First Foundation insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 8.30% of the stock of First Foundation is held by insiders.

  • Percentage Held by Institutions

    73.10% of the stock of First Foundation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about First Foundation's insider trading history.
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FFWM Stock News Headlines

Dower reappointed by West Virginia First Foundation Region 4
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Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump.
First Foundation (FFWM) Gets a Hold from Piper Sandler
See More Headlines

FFWM Stock Analysis - Frequently Asked Questions

First Foundation's stock was trading at $9.68 at the beginning of the year. Since then, FFWM shares have decreased by 20.4% and is now trading at $7.71.
View the best growth stocks for 2024 here
.

First Foundation Inc. (NASDAQ:FFWM) released its earnings results on Thursday, July, 25th. The bank reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.05. The bank earned $164.57 million during the quarter, compared to analyst estimates of $54.23 million. First Foundation had a trailing twelve-month return on equity of 1.07% and a net margin of 1.34%.

First Foundation's top institutional shareholders include FLC Capital Advisors (0.24%), SG Americas Securities LLC (0.09%), Bleakley Financial Group LLC (0.03%) and Creative Planning (0.02%). Insiders that own company stock include Ulrich E Keller Jr, John Hakopian, Scott F Kavanaugh, Max Briggs, Elizabeth A Pagliarini, Diane M Rubin, Christopher M Naghibi and Amy Djou.
View institutional ownership trends
.

Shares of FFWM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that First Foundation investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Exxon Mobil (XOM).

Company Calendar

Last Earnings
7/25/2024
Today
10/17/2024
Next Earnings (Confirmed)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
Banking
Current Symbol
NASDAQ:FFWM
Fax
N/A
Employees
563
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.80
High Stock Price Target
$12.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+1.2%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-199,060,000.00
Pretax Margin
0.68%

Debt

Sales & Book Value

Annual Sales
$160.77 million
Cash Flow
$4.85 per share
Book Value
$16.39 per share

Miscellaneous

Free Float
63,035,000
Market Cap
$435.71 million
Optionable
Optionable
Beta
1.32
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This page (NASDAQ:FFWM) was last updated on 10/18/2024 by MarketBeat.com Staff
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