First American Financial Corp (NYSE:FAF) shares, rose in value on Friday, March 07, with the stock price down by -0.20% to the previous day’s close as strong demand from buyers drove the stock to $63.87.
Actively observing the price movement in the last trading, the stock closed the session at $64.00. The PE ratio was 51.08 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 -0.08% over the past month.
With the market capitalization of First American Financial Corp currently standing at about $6.57 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 2.14, with its dividend yield at 3.35%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.07B, with a low estimate of 1.49B and a high estimate of 1.61B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.55B.
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 Hold.
The stock’s technical analysis shows that the PEG ratio is about 0.66, with the price of FAF currently trading nearly -0.24% and 1.69% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.09, while the 7-day volatility ratio is showing 2.23% which for the 30-day chart, stands at 2.04%. Furthermore, First American Financial Corp (FAF)’s beta value is 1.28, and its average true range (ATR) is 1.41.
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 -0.20% in last session, and over the past year, it grew by 10.71%%.
Data on historical trading for First American Financial Corp (NYSE:FAF) indicates that the trading volumes over the past 3 months, they’ve averaged 520.98K. According to company’s latest data on outstanding shares, there are 103.00 million shares outstanding.
Nearly 4.43% of First American Financial Corp’s shares belong to company insiders and institutional investors own 89.38% of the company’s shares. The stock has risen by 2.29% 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.
