Zacks Research Issues Pessimistic Forecast for FAF Earnings

First American Financial Co. (NYSE:FAF - Free Report) - Investment analysts at Zacks Research decreased their Q1 2026 earnings estimates for shares of First American Financial in a research note issued to investors on Tuesday, March 18th. Zacks Research analyst T. De now anticipates that the insurance provider will earn $1.11 per share for the quarter, down from their prior forecast of $1.18. The consensus estimate for First American Financial's current full-year earnings is $5.35 per share.

A number of other analysts have also recently commented on the stock. Stephens upped their price objective on shares of First American Financial from $73.00 to $78.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Keefe, Bruyette & Woods upped their target price on shares of First American Financial from $74.00 to $75.00 and gave the stock a "market perform" rating in a research note on Tuesday, February 18th.

First American Financial Stock Down 0.8 %

Shares of FAF traded down $0.51 during trading hours on Friday, reaching $64.90. The stock had a trading volume of 1,037,790 shares, compared to its average volume of 612,364. First American Financial has a 52 week low of $51.60 and a 52 week high of $70.92. The firm has a 50-day moving average of $63.34 and a 200 day moving average of $64.37. The company has a market cap of $6.67 billion, a P/E ratio of 51.92 and a beta of 1.34.

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First American Financial (NYSE:FAF - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The insurance provider reported $1.35 EPS for the quarter, beating analysts' consensus estimates of $1.13 by $0.22. First American Financial had a net margin of 2.14% and a return on equity of 9.35%.

Hedge Funds Weigh In On First American Financial

Large investors have recently modified their holdings of the business. KBC Group NV lifted its stake in First American Financial by 14.8% in the 3rd quarter. KBC Group NV now owns 3,095 shares of the insurance provider's stock valued at $204,000 after purchasing an additional 399 shares during the last quarter. CIBC Asset Management Inc acquired a new stake in First American Financial in the 3rd quarter valued at about $203,000. Empowered Funds LLC acquired a new stake in First American Financial in the 3rd quarter valued at about $252,000. Charles Schwab Investment Management Inc. lifted its stake in First American Financial by 0.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,118,145 shares of the insurance provider's stock valued at $73,809,000 after purchasing an additional 8,315 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in First American Financial by 74.2% in the 3rd quarter. Cerity Partners LLC now owns 36,609 shares of the insurance provider's stock valued at $2,417,000 after purchasing an additional 15,589 shares during the last quarter. 89.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Dennis J. Gilmore sold 111,971 shares of the stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $63.60, for a total transaction of $7,121,355.60. Following the completion of the transaction, the director now directly owns 494,574 shares in the company, valued at $31,454,906.40. This represents a 18.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Lisa W. Cornehl sold 3,057 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $65.49, for a total transaction of $200,202.93. Following the transaction, the senior vice president now owns 23,825 shares of the company's stock, valued at approximately $1,560,299.25. This represents a 11.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 127,707 shares of company stock valued at $8,136,565. Company insiders own 3.70% of the company's stock.

First American Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 10th were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date was Monday, March 10th. First American Financial's payout ratio is presently 172.80%.

First American Financial Company Profile

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally.