Analysts Predict An First American Financial Corp (NYSE: FAF) Spike?

First American Financial Corp (NYSE:FAF) shares, rose in value on Friday, February 14, with price up by 1.06% to the previous day’s close as strong demand from buyers drove the stock to $63.66.

Actively observing the price movement in the last trading, the stock closed the session at $62.99, falling within a range of $62.8774 and $64.22. The PE ratio was 51.11 over 12-month period. Referring to stock’s 52-week performance, its high was $70.92, and the low was $51.60. On the whole, FAF has fluctuated by 4.95% over the past month.

With the market capitalization of First American Financial Corp currently standing at about $6.56 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 2.14, with its dividend yield at 3.36%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FAF’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.

The stock’s technical analysis shows that the PEG ratio is about 0.66, with the price of FAF currently trading nearly 1.03% and 0.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.13, while the 7-day volatility ratio is showing 1.94% which for the 30-day chart, stands at 1.90%. Furthermore, First American Financial Corp (FAF)’s beta value is 1.38, and its average true range (ATR) is 1.30.

A comparison of First American Financial Corp (FAF) with its peers suggests the former has fared considerably weaker in the market. FAF showed an intraday change of 1.06% in last session, and over the past year, it grew by 8.69%%.

Data on historical trading for First American Financial Corp (NYSE:FAF) indicates that the trading volumes over the past 10 days have averaged 0.41 and over the past 3 months, they’ve averaged 496.52K. According to company’s latest data on outstanding shares, there are 103.00 million shares outstanding.

Nearly 4.65% of First American Financial Corp’s shares belong to company insiders and institutional investors own 89.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.09 million shares as on 2025-01-31, resulting in a short ratio of 2.42. According to the data, the short interest in First American Financial Corp (FAF) stood at 110.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 1.26 million. The stock has risen by 1.95% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FAF stock heading into the next quarter.

Most Popular