Finance of America Companies (FOA) Stock Price, News & Analysis

Company Overview

Finance of America Companies Inc. a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners. The Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for borrowers and investors. The company was founded in 2013 and is headquartered in Plano, Texas.

Key Stats

• Today's Range: $19.05 to $20.10
• 50-Day Range: $10.05 to $27.03
• 52-Week Range: $4.10 to $27.89
• Volume: 32,122 shs
• Average Volume: 28,001 shs
• Market Capitalization: $193.24 million
• P/E Ratio: 1.66
• Dividend Yield: N/A
• Price Target: $24.00
• Consensus Rating: Hold

Finance of America Companies Stock Analysis - MarketRank™

Finance of America Companies scored higher than 65% of companies evaluated by MarketBeat, and ranked 460th out of 916 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: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Finance of America Companies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Finance of America Companies has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 2,290.91%

Earnings Growth

Earnings for Finance of America Companies are expected to grow by 2,290.91% in the coming year, from $0.11 to $2.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Finance of America Companies is 1.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Finance of America Companies is 1.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.38.

Price to Book Value per Share Ratio

Finance of America Companies has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.88% of the float of Finance of America Companies has been sold short.

Short Interest Ratio / Days to Cover

Finance of America Companies has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Finance of America Companies has recently increased by 5.82%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Finance of America Companies does not currently pay a dividend.

Dividend Growth

Finance of America Companies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.88% of the float of Finance of America Companies has been sold short.

Short Interest Ratio / Days to Cover

Finance of America Companies has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Finance of America Companies has recently increased by 5.82%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.23

News Sentiment

Finance of America Companies has a news sentiment score of -0.23. 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 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Finance of America Companies this week, compared to 1 article on an average week.

Search Interest

4 people have searched for FOA on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Finance of America Companies insiders have not sold or bought any company stock.

Percentage Held by Insiders

15.60% of the stock of Finance of America Companies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

97.20% of the stock of Finance of America Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FOA Stock Analysis - Frequently Asked Questions

How have FOA shares performed this year?

Finance of America Companies' stock was trading at $11.00 on January 1st, 2024. Since then, FOA shares have increased by 77.8% and is now trading at $19.56.
View the best growth stocks for 2024 here.

How were Finance of America Companies' earnings last quarter?

Finance of America Companies Inc. (NYSE:FOA) posted its quarterly earnings results on Wednesday, November, 6th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.54. The firm earned $290.07 million during the quarter, compared to analysts' expectations of $72 million. Finance of America Companies had a negative trailing twelve-month return on equity of 4.00% and a net margin of 18.89%.

When did Finance of America Companies' stock split?

Finance of America Companies's stock reverse split before market open on Friday, July 26th 2024. The 1-10 reverse split was announced on Friday, July 26th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 26th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Finance of America Companies' major shareholders?

Finance of America Companies' top institutional investors include RBF Capital LLC (0.99%) and Geode Capital Management LLC (0.77%). Insiders that own company stock include Holdings LP Blackstone III, Edmond Safra and D1 Capital Partners LP.
View institutional ownership trends.

How do I buy shares of Finance of America Companies?

Shares of FOA 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 Finance of America Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Finance of America Companies investors own include Organigram (OGI), i3 Verticals (IIIV), Lucid Group (LCID), Ford Motor (F), Trade Desk (TTD), NCR (NCR) and Confluent (CFLT).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Mortgage bankers & correspondents
• Sub-Industry: Banking
• Current Symbol: NYSE:FOA
• CUSIP: N/A
• CIK: 1828937
• Web: www.financeofamerica.com
• Phone: 877-202-2666
• Fax: N/A
• Employees: 6,630
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $24.00
• High Stock Price Target: $24.00
• Low Stock Price Target: $24.00
• Potential Upside/Downside: +22.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $11.70
• Trailing P/E Ratio: 1.68
• Forward P/E Ratio: 178.45
• P/E Growth: N/A
• Net Income: $-80,090,000.00
• Net Margins: 18.89%
• Pretax Margin: 50.06%
• Return on Equity: -4.00%
• Return on Assets: -0.04%

Debt

• Debt-to-Equity Ratio: 40.07
• Current Ratio: 2.80
• Quick Ratio: 2.80

Sales & Book Value

• Annual Sales: $662.03 million
• Price / Sales: 0.29
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $28.27 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 9,926,000
• Free Float: 8,378,000
• Market Cap: $194.85 million
• Optionable: Optionable
• Beta: 1.07