First Foundation (FFWM) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $7.51 to $7.73
• 50-Day Range: $5.88 to $8.24
• 52-Week Range: $4.84 to $11.47
• Volume: 290,873 shs
• Average Volume: 626,385 shs
• Market Capitalization: $628.33 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.80
• Consensus Rating: Hold

First Foundation Stock Analysis - MarketRank™

First Foundation scored higher than 42% of companies evaluated by MarketBeat, and ranked 703rd out of 930 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: 1.1 / 5
• Analyst Rating: Hold

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.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 308.33%

Earnings Growth

Earnings for First Foundation are expected to grow by 308.33% in the coming year, from $0.12 to $0.49 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Foundation is -6.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Foundation is -6.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FFWM.

Dividend

• Score: 0.8 / 5
• Dividend Strength: N/A

Dividend Yield

First Foundation does not currently pay a dividend.

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 8.16% next year. This indicates that First Foundation will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.33

Short Interest

There is no current short interest data available for FFWM.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.10

News Sentiment

First Foundation has a news sentiment score of 1.10. 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 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for First Foundation this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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 7.10% 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.

FFWM Stock Analysis - Frequently Asked Questions

How have FFWM shares performed this year?

First Foundation's stock was trading at $9.68 at the beginning of 2024. Since then, FFWM stock has decreased by 21.2% and is now trading at $7.63.
View the best growth stocks for 2024 here.

How were First Foundation's earnings last quarter?

First Foundation Inc. (NASDAQ:FFWM) issued its quarterly earnings results on Thursday, July, 25th. The bank reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.05. The bank had revenue of $164.57 million for the quarter, compared to analysts' expectations of $54.23 million. First Foundation had a negative net margin of 11.52% and a positive trailing twelve-month return on equity of 1.06%.

Who are First Foundation's major shareholders?

First Foundation's top institutional investors include FMR LLC (7.41%), Azora Capital LP (4.97%), Strategic Value Bank Partners LLC (3.52%) and State Street Corp (2.26%). 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.

How do I buy shares of First Foundation?

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.

What other stocks do shareholders of First Foundation own?

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: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FFWM
• CUSIP: N/A
• CIK: 1413837
• Web: www.firstfoundationinc.com
• Phone: (469) 638-9636
• 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: +2.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 63.58
• P/E Growth: N/A
• Net Income: $-199,060,000.00
• Net Margins: -11.52%
• Pretax Margin: -17.37%
• Return on Equity: 1.06%
• Return on Assets: 0.07%

Debt

• Debt-to-Equity Ratio: 1.80
• Current Ratio: 1.04
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $623.04 million
• Price / Sales: 1.01
• Cash Flow: $4.12 per share
• Price / Cash Flow: 1.85
• Book Value: $16.39 per share
• Price / Book: 0.47

Miscellaneous

• Outstanding Shares: 82,350,000
• Free Float: 76,499,000
• Market Cap: $628.33 million
• Optionable: Optionable
• Beta: 1.30