First Western Financial (MYFW) Stock Price, News & Analysis

Company Overview

First Western Financial, Inc., a financial holding company, provides wealth advisory, private baking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, life insurance, and trust and investment management advisory products and services. The Mortgage segment engages in soliciting, originating, and selling mortgage loans into the secondary market. It serves entrepreneurs, professionals, high net worth individuals or families, and business and philanthropic organizations. First Western Financial, Inc. was incorporated in 2002 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $19.03 to $19.90
• 50-Day Range: $18.65 to $22.21
• 52-Week Range: $12.84 to $22.32
• Volume: 13,163 shs
• Average Volume: 25,095 shs
• Market Capitalization: $183.91 million
• P/E Ratio: 30.69
• Dividend Yield: N/A
• Price Target: $23.83
• Consensus Rating: Moderate Buy

First Western Financial Stock Analysis - MarketRank™

First Western Financial scored higher than 94% of companies evaluated by MarketBeat, and ranked 88th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Western Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

First Western Financial has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 87.10%

Earnings Growth

Earnings for First Western Financial are expected to grow by 87.10% in the coming year, from $0.93 to $1.74 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Western Financial is 31.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Western Financial is 31.05, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 25.05.

Price to Book Value per Share Ratio

First Western Financial has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.60% of the float of First Western Financial has been sold short.

Short Interest Ratio / Days to Cover

First Western Financial has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Western Financial has recently decreased by 35.10%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

First Western Financial does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -0.52

Percentage of Shares Shorted

0.60% of the float of First Western Financial has been sold short.

Short Interest Ratio / Days to Cover

First Western Financial has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Western Financial has recently decreased by 35.10%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

First Western Financial has a news sentiment score of 1.00. 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 higher news sentiment than the 0.56 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for First Western Financial this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, First Western Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $163,658.00 in company stock.

Percentage Held by Insiders

17.90% of the stock of First Western Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

60.26% of the stock of First Western Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MYFW Stock Analysis - Frequently Asked Questions

How have MYFW shares performed this year?

First Western Financial's stock was trading at $19.83 on January 1st, 2024. Since then, MYFW stock has decreased by 2.9% and is now trading at $19.25.
View the best growth stocks for 2024 here.

How were First Western Financial's earnings last quarter?

First Western Financial, Inc. (NASDAQ:MYFW) announced its quarterly earnings data on Thursday, October, 24th. The company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.30 by $0.08. The business earned $45.06 million during the quarter, compared to analysts' expectations of $24.10 million. First Western Financial had a trailing twelve-month return on equity of 2.44% and a net margin of 3.33%.

Does First Western Financial have any subsidiaries?

First Western Financial subsidiaries include First Western Capital Management Company, and First Western Trust Bank.

When did First Western Financial IPO?

First Western Financial (MYFW) raised $38 million in an initial public offering (IPO) on Thursday, July 19th 2018. The company issued 1,900,000 shares at $19.00-$21.00 per share. Keefe, Bruyette & Woods (A Stifel Company) and Stephens served as the underwriters for the IPO and Sandler O'Neill + Partners, L.P. was co-manager.

Who are First Western Financial's major shareholders?

Top institutional investors of First Western Financial include Banc Funds Co. LLC (7.47%), Wasatch Advisors LP (4.62%), Jacobs Asset Management LLC (2.15%) and Geode Capital Management LLC (1.81%). Insiders that own company stock include Scott C Wylie, Matthew C Cassell, David R Duncan, John Emery Sawyer and Scott C Mitchell.
View institutional ownership trends.

How do I buy shares of First Western Financial?

Shares of MYFW 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.

What other stocks do shareholders of First Western Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Western Financial investors own include Waste Connections (WCN), The RMR Group (RMR), American Water Works (AWK), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 12/27/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MYFW
• CUSIP: N/A
• CIK: 1327607
• Web: www.myfw.com
• Phone: (303) 531-8100
• Fax: N/A
• Employees: 310
• Year Founded: 2002

Price Target and Rating

• Average Stock Price Target: $23.83
• High Stock Price Target: $25.00
• Low Stock Price Target: $23.00
• Potential Upside/Downside: +21.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.62
• Trailing P/E Ratio: 31.66
• Forward P/E Ratio: 21.11
• P/E Growth: N/A
• Net Income: $5.22 million
• Net Margins: 3.33%
• Pretax Margin: 1.84%
• Return on Equity: 2.44%
• Return on Assets: 0.20%

Debt

• Debt-to-Equity Ratio: 0.46
• Current Ratio: 1.07
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $88.93 million
• Price / Sales: 2.13
• Cash Flow: $1.22 per share
• Price / Cash Flow: 16.10
• Book Value: $25.39 per share
• Price / Book: 0.77

Miscellaneous

• Outstanding Shares: 9,664,000
• Free Float: 7,934,000
• Market Cap: $189.70 million
• Optionable: Not Optionable
• Beta: 0.65