Purchase Of Shares In First American Financial Corporation (FAF) By Leavell Christopher Michael

At the last check on Thursday, First American Financial Corporation’s (NYSE:FAF) stock was down -$0.05, moving down -0.10 percent to $49.93. The average number of shares traded per day over the past five days has been 1,158,253 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.56 fall in that time frame. In the last twenty days, the average volume was 696,898, while in the previous 50 days, it was 784,895.

Since last month, FAF stock retreated -15.36%. Shares of the company fell to $48.81 on 06/16/22, the lowest level in the past month. A 52-week high of $81.54 was reached on 01/13/22 after having rallying from a 52-week low of $48.81. Since the beginning of this year, FAF’s stock price has dropped by -36.11% or -$28.20, and marked a new high 5 times. However, the stock has declined by -38.77% since its 52-week high.


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First American Financial Corporation (FAF) last reported insider trading activity 31 days ago on May 23. Leavell Christopher Michael, the COO of Subsidiary of the company, disposed of 39,206 shares for $59.61 on May 23. It resulted in a $2,336,913 divestment by the insider. DEGIORGIO KENNETH D sold 10,400 shares at an average price of $74.50 on Oct 25. The insider now owns 344,545 shares following the transaction. On Oct 22, President DEGIORGIO KENNETH D sold 15,739 shares at $74.71 apiece. The transaction was valued at $1,175,813.

Valuation Metrics

Right now, First American Financial Corporation (FAF) has a P/E ratio of about 5.03. The stock’s beta is 1.26. Besides these, the trailing price-to-sales (P/S) ratio of 0.57, the price-to-book (PB) ratio of 1.03, and the price-to-cash flow ratio of 8.21 may also be considered.

The latest dividend of $0.51 per share was paid out, remained unchanged from last year’s $0.51. On Tuesday August 24 2021, a $0.05 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.41, and the total debt-to-equity ratio was 0.41. In the year ended March 30, operating margins totaled 16.70%. Based on annual data, FAF earned $1.64 billion in gross profit and brought in $9.22 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 16.60%. Return on equity (ROE) for the past 12 months was 20.10%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. FAF’s revenue rose 0.41% to $2.37 billion during the quarter, while net income inched up to $2.03 billion. While analysts expected First American Financial Corporation to report $1.22 quarterly earnings, the actual figure was $1.17 per share, beating the consensus estimate by -4.10%. During the quarter, the company generated $226.0 million in EBITDA. The value of shareholders’ equity is $107.41 million.

Technical Picture

This quick technical analysis looks at First American Financial Corporation’s (FAF) price momentum. With a historical volatility rate of 41.88%, the RSI 9-day stood at 21.56% on 22 June.

With respect to its five-day moving average, the current First American Financial Corporation price is down by -4.88% percent or -$2.56. At present, FAF shares trade -15.28% below its 20-day simple moving average and -31.64% percent below its 100-day simple moving average. However, the stock is currently trading approximately -15.25% below its SMA50 and -25.99% below its SMA200.

Stochastic coefficient K was 9.44% and Stochastic coefficient D was 9.53%, while ATR was 1.59. Given the Stochastic reading of 9.78% for the 14-day period, the RSI (14) reading has been calculated as 25.71%. As of today, the MACD Oscillator reading stands at -1.53, while the 14-day reading stands at -4.46.

Analyst Ratings

First American Financial Corporation downgraded its rating on First American Financial Corporation (NYSE: FAF) to a Neutral in a note to investors on April 01, 2022. The analysts firm previously had an Outperform rating on the stock.First American Financial Corporation (FAF) has been rated Overweight by analysts. According to 0 brokerage firms, FAF is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate First American Financial Corporation stock as buy, with 3 recommending it as overweight.

With a median target price of $78.00, the current consensus forecast for the stock is $60.00 – $87.00. Based on these forecasts, analysts predict First American Financial Corporation (FAF) will achieve an average price target of $76.33.

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