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NYSE:FOA

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

$10.31
+0.57 (+5.85%)
(As of 09/6/2024 ET)
Today's Range
$9.79
$12.24
50-Day Range
$4.54
$10.30
52-Week Range
$4.10
$16.00
Volume
83,226 shs
Average Volume
19,684 shs
Market Capitalization
$1.02 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.00

Finance of America Companies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
64.9% Upside
$17.00 Price Target
Short Interest
Healthy
1.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Finance of America Companies in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2,290.91%
From $0.11 to $2.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.91 out of 5 stars

Finance Sector

251st out of 871 stocks

Mortgage Bankers & Correspondents Industry

2nd out of 8 stocks

FOA stock logo

About Finance of America Companies Stock (NYSE:FOA)

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.

FOA Stock Price History

FOA Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Finance of America Reports Second Quarter 2024 Results
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Mortgage bankers & correspondents
Sub-Industry
Banking
Fax
N/A
Employees
6,630
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.00
High Stock Price Target
$20.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+64.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-80,090,000.00
Pretax Margin
-5.73%

Debt

Sales & Book Value

Annual Sales
$301.87 million
Book Value
$28.27 per share

Miscellaneous

Free Float
83,355,000
Market Cap
$1.02 billion
Optionable
Optionable
Beta
1.05
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Key Executives


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 decreased by 6.3% and is now trading at $10.31.
View the best growth stocks for 2024 here
.

How were Finance of America Companies' earnings last quarter?

Finance of America Companies Inc. (NYSE:FOA) announced its quarterly earnings results on Tuesday, August, 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.15. The company had revenue of $79.04 million for the quarter, compared to analyst estimates of $66 million.

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 market closes 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 Renaissance Technologies LLC (0.11%), Point72 Asia Singapore Pte. Ltd. (0.09%) and AQR Capital Management LLC (0.08%). 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.

This page (NYSE:FOA) was last updated on 9/7/2024 by MarketBeat.com Staff

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