FAF - First American Financial Corp Stock Price, Fair Value and News

56.21USD+0.30 (+0.54%)Market Closed

Market Summary

USD56.21+0.30

Market Closed

0.54%

FAF Stock Price

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FAF RSI Chart

FAF Valuation

Market Cap

5.8B

Price/Earnings (Trailing)

26.78

Price/Sales (Trailing)

0.97

EV/EBITDA

9.42

Price/Free Cashflow

11.24

FAF Price/Sales (Trailing)

FAF Profitability

EBT Margin

4.57%

Return on Equity

4.52%

Return on Assets

1.47%

Free Cashflow Yield

8.9%

FAF Fundamentals

FAF Revenue

Revenue (TTM)

6.0B

Rev. Growth (Yr)

-1.49%

Rev. Growth (Qtr)

-0.33%

FAF Earnings

Earnings (TTM)

216.6M

Earnings Growth (Yr)

1.74%

Earnings Growth (Qtr)

32.86%

Breaking Down FAF Revenue

Last 7 days

1.8%

Last 30 days

-2.0%

Last 90 days

-4.5%

Trailing 12 Months

-0.6%

How does FAF drawdown profile look like?

FAF Financial Health

Debt/Equity

0.29

Debt/Cashflow

0.37

FAF Investor Care

Dividend Yield

3.77%

Dividend/Share (TTM)

2.11

Shares Dilution (1Y)

0.49%

Diluted EPS (TTM)

2.08

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	6.0B	0	0	0
2023	7.0B	6.6B	6.3B	6.0B
2022	9.2B	9.0B	8.3B	7.6B
2021	7.7B	8.4B	9.0B	9.2B
2020	6.3B	6.4B	6.7B	7.1B
2019	5.8B	5.8B	5.9B	6.2B
2018	5.8B	5.8B	5.8B	5.7B
2017	5.7B	5.8B	5.8B	5.8B
2016	5.3B	5.3B	5.4B	5.6B
2015	4.8B	5.0B	5.1B	5.2B
2014	4.8B	4.7B	4.6B	4.7B
2013	4.7B	4.9B	5.0B	5.0B
2012	3.9B	4.0B	4.3B	4.5B
2011	3.9B	3.9B	3.8B	3.8B
2010	4.1B	4.0B	3.9B	3.9B
2009	0	4.3B	4.2B	4.0B
2008	0	0	0	4.4B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Tracking the Latest Insider Buys and Sells of First American Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 22, 2024	cornehl lisa w	acquired	-	-	6,734	svp, chief legal officer
Feb 22, 2024	wajner matthew f.	acquired	-	-	2,933	vp & treasurer
Feb 22, 2024	gilmore dennis j	acquired	-	-	2,601	-
Feb 22, 2024	gilyard reginald harold	acquired	-	-	2,601	-
Feb 22, 2024	adams steven a	sold (taxes)	-22,318	57.67	-387	vp & chief accounting officer
Feb 22, 2024	wajner matthew f.	sold (taxes)	-25,547	57.67	-443	vp & treasurer
Feb 22, 2024	adams steven a	acquired	-	-	2,456	vp & chief accounting officer
Feb 22, 2024	wyrsch martha b	acquired	-	-	2,601	-
Feb 22, 2024	spence marsha a	acquired	-	-	2,601	-
Feb 22, 2024	oman mark c	acquired	-	-	2,601	-

Which funds bought or sold FAF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 13, 2024	CIBC WORLD MARKETS CORP	sold off	-100	-8,699,400	-	-%
May 13, 2024	FMR LLC	reduced	-0.08	-31,891,400	565,853,000	0.04%
May 13, 2024	Handelsbanken Fonder AB	unchanged	-	-69,000	1,237,000	-%
May 13, 2024	Nuveen Asset Management, LLC	added	2.02	-755,897	21,847,700	0.01%
May 13, 2024	ENVESTNET ASSET MANAGEMENT INC	reduced	-2.59	-722,436	8,647,410	-%
May 13, 2024	STRS OHIO	added	39.21	578,000	2,387,000	0.01%
May 13, 2024	Continuum Advisory, LLC	new	-	2,398	2,398	-%
May 13, 2024	FOX RUN MANAGEMENT, L.L.C.	sold off	-100	-278,767	-	-%
May 13, 2024	FIRST TRUST ADVISORS LP	reduced	-1.05	-301,523	4,521,420	-%
May 13, 2024	Impact Partnership Wealth, LLC	reduced	-15.42	-52,017	210,058	0.08%

Are Funds Buying or Selling FAF?

Are funds buying FAF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FAF

No. of Funds

Unveiling First American Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	vanguard group inc	10.25%	10,567,038	SC 13G/A
Feb 14, 2024	hg vora capital management, llc	6.8%	7e+06	SC 13G/A
Feb 13, 2024	vanguard group inc	9.82%	10,135,949	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 24, 2024	blackrock inc.	9.2%	9,485,534	SC 13G/A
Feb 14, 2023	hg vora capital management, llc	9.7%	1e+07	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 09, 2023	vanguard group inc	9.88%	10,234,594	SC 13G/A
Jan 24, 2023	blackrock inc.	9.2%	9,560,019	SC 13G
Feb 14, 2022	hg vora capital management, llc	9.4%	10,300,000	SC 13G

Recent SEC filings of First American Financial Corp

View All Filings

Date Filed	Form Type	Document
May 13, 2024	13F-HR	Fund Holdings Report
Apr 26, 2024	10-Q	Quarterly Report
Apr 24, 2024	8-K	Current Report
Apr 15, 2024	13F-HR/A	Fund Holdings Report
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 01, 2024	ARS	ARS
Apr 01, 2024	DEF 14A	DEF 14A
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading

Peers (Alternatives to First American Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	-3.06%	3204.94%	-5.3K	847.07	-10.27%	-34.69%
AJG	54.8B	10.6B	6.34%	14.11%	50.17	5.16	20.42%	-6.05%
AIG	52.7B	48.4B	7.23%	50.52%	10.91	1.09	-4.15%	-20.63%
TRV	49.8B	42.9B	-2.04%	18.95%	15.87	1.16	13.52%	12.15%
AFL	49.0B	19.3B	6.96%	30.72%	9.17	2.54	3.03%	17.35%
ACGL	36.8B	14.4B	8.80%	27.31%	7.58	2.55	32.92%	143.01%
AFG	11.0B	8.0B	3.11%	13.12%	12.43	1.37	11.14%	7.56%
MID-CAP
UNM	10.0B	12.6B	5.21%	20.35%	7.59	0.8	4.24%	-13.40%
AIZ	9.2B	11.4B	1.22%	36.06%	12.04	0.81	9.81%	217.29%
LNC	5.0B	11.9B	4.38%	54.47%	3.72	0.42	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	1.9B	1.3B	8.87%	32.80%	-34.59	1.48	18.74%	30.90%
AMSF	889.0M	308.9M	-2.35%	-16.36%	14.41	2.88	3.79%	10.94%
AMBC	828.1M	314.0M	20.33%	22.88%	14.4	2.64	-29.20%	-88.19%
AAME	34.5M	186.8M	-22.83%	-24.06%	-201.64	0.18	-0.56%	-111.21%

First American Financial Corp News

Latest updates

First American Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.3%	1,425	1,429	1,481	1,647	1,446	1,685	1,824	2,063	2,034	2,373	2,556	2,266	2,026	2,151	1,914	1,609	1,413	1,729	1,671	1,499	1,304
Costs and Expenses	-1.8%	1,366	1,391	1,483	1,469	1,387	1,627	1,828	1,921	1,904	2,041	1,952	1,867	1,720	1,769	1,670	1,383	1,341	1,440	1,426	1,269	1,162
EBITDA Margin	1.8%	0.10*	0.10*	0.10*	0.09*	0.08*	0.08*	0.10*	0.16*	0.18*	0.20*	0.21*	0.19*	-	-	-	-	-	-	-	-	-
Interest Expenses	3.0%	34.00	33.00	36.00	34.00	29.00	30.00	24.00	20.00	20.00	20.00	19.00	16.00	17.00	15.00	16.00	13.00	12.00	12.00	12.00	12.00	12.00
Income Taxes	182.9%	12.00	4.00	-0.50	42.00	14.00	3.00	-5.60	31.00	32.00	71.00	154	95.00	72.00	101	60.00	54.00	8.00	64.00	57.00	42.00	32.00
Earnings Before Taxes	51.8%	58.00	38.00	-1.70	178	60.00	58.00	-3.20	141	130	332	604	399	306	382	243	225	72.00	289	245	229	142
EBT Margin	-0.1%	0.05*	0.05*	0.05*	0.04*	0.04*	0.04*	0.07*	0.13*	0.16*	0.18*	0.19*	0.16*	-	-	-	-	-	-	-	-	-
Net Income	32.9%	47.00	35.00	-1.70	136	46.00	54.00	2.00	110	98.00	259	445	304	234	280	182	172	64.00	224	187	187	110
Net Income Margin	0.7%	0.04*	0.04*	0.04*	0.04*	0.03*	0.03*	0.06*	0.10*	0.12*	0.13*	0.14*	0.12*	-	-	-	-	-	-	-	-	-
Free Cashflow	266.2%	69.00	-41.70	219	269	-92.30	245	303	191	38.00	344	399	253	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-12.5%	14,698	16,803	14,678	15,731	15,384	14,955	16,486	16,262	16,527	16,451	16,686	15,427	14,432	12,796	12,639	12,288	11,675	11,519	11,804	11,443	11,160
Cash Equivalents	-58.2%	1,506	3,605	1,579	2,246	1,983	1,224	2,361	1,745	1,704	1,228	1,953	2,223	2,026	1,276	1,512	1,523	1,050	1,486	1,711	1,412	1,337
Net PPE	2.1%	766	750	731	700	663	637	593	562	523	506	475	454	445	445	442	460	488	442	448	451	453
Goodwill	0.0%	1,807	1,808	1,800	1,802	1,805	1,798	1,811	1,802	1,598	1,588	1,416	1,378	1,372	1,379	1,355	1,389	1,381	1,151	1,150	1,150	1,145
Liabilities	-17.2%	9,892	11,940	10,136	10,944	10,605	10,274	11,955	11,329	11,148	10,668	11,073	10,152	9,466	7,874	7,904	7,712	7,307	7,094	7,558	7,355	7,280
Long Term Debt	0.2%	1,396	1,394	1,392	1,393	1,395	1,646	1,647	1,646	1,647	1,648	1,649	1,008	1,009	1,011	1,012	1,011	847	728	728	730	731
Shareholder's Equity	-1.3%	4,787	4,848	4,527	4,787	4,772	4,681	4,531	4,933	5,379	5,776	5,613	5,275	4,966	4,915	4,735	4,576	4,369	4,425	4,246	4,088	3,881
Retained Earnings	-0.2%	3,702	3,711	3,739	3,796	3,712	3,714	3,722	3,775	3,721	3,680	3,477	3,089	2,837	2,655	2,427	2,295	2,174	2,161	1,985	1,846	1,707
Additional Paid-In Capital	0.7%	1,806	1,793	1,798	1,800	1,800	1,812	1,834	1,891	2,103	2,179	2,186	2,187	2,174	2,215	2,273	2,259	2,248	2,301	2,289	2,277	2,265
Shares Outstanding	0.6%	104	103	103	103	105	103	105	108	110	111	111	111	-	-	-	-	-	-	-	-	-
Minority Interest	27.9%	19.00	15.00	15.00	15.00	22.00	23.00	23.00	17.00	16.00	16.00	16.00	11.00	10.00	12.00	11.00	10.00	10.00	5.00	4.00	3.00	3.00
Float	-	-	-	-	5,676,971,916	-	-	-	5,358,609,470	-	-	-	6,620,544,646	-	-	-	5,183,749	-	-	-	5,843,780	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	266.2%	69.00	-41.70	219	269	-92.30	245	303	191	38.00	344	399	253	224	404	313	344	24.00	301	311	267	34.00
Share Based Compensation	185.4%	23.00	8.00	9.00	9.00	23.00	7.00	8.00	9.00	43.00	7.00	7.00	9.00	31.00	8.00	8.00	10.00	26.00	7.00	8.00	8.00	20.00
Cashflow From Investing	-155.8%	-231	415	-61.10	-181	427	-137	-60.30	-88.20	-106	-564	-1,297	-753	-779	-319	-390	-12.67	-692	-25.94	-57.73	-76.72	-290
Cashflow From Financing	-217.2%	-1,932	1,648	-820	171	424	-1,251	385	-54.00	544	-507	634	695	1,305	-352	83.00	138	245	-503	50.00	-115	124
Dividend Payments	0.7%	55.00	55.00	55.00	54.00	54.00	54.00	54.00	54.00	56.00	56.00	56.00	50.00	51.00	51.00	49.00	49.00	50.00	47.00	47.00	47.00	47.00
Buy Backs	-80.2%	4.00	18.00	9.00	15.00	30.00	34.00	72.00	227	108	20.00	14.00	-	65.00	70.00	-	3.00	66.00	-0.07	-	-	2.00

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FAF Income Statement

2024-03-31

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Direct premiums and escrow fees	$ 500.9	$ 502.2
Agent premiums	563.8	590.4
Information and other	223.0	226.9
Net investment income	127.9	134.0
Net investment gains (losses) (realized of $(3.4) and $(4.5))	9.0	(7.4)
Total revenues	1,424.6	1,446.1
Expenses
Personnel costs	484.9	487.6
Premiums retained by agents	447.8	469.0
Other operating expenses	265.8	258.5
Provision for policy losses and other claims	69.5	82.3
Depreciation and amortization	50.1	45.5
Premium taxes	13.9	14.5
Interest	34.3	29.1
Total expenses	1,366.3	1,386.5
Income before income taxes	58.3	59.6
Income taxes	11.6	13.6
Net income	46.7	46.0
Less: Net income attributable to noncontrolling interests	0.0	0.1
Net income attributable to the Company	$ 46.7	$ 45.9
Net income per share attributable to the Company's stockholders (Note 10):
Basic	$ 0.45	$ 0.44
Diluted	0.45	0.44
Cash dividends per share	$ 0.53	$ 0.52
Weighted-average common shares outstanding (Note 10):
Basic	104.1	104.5
Diluted	104.4	104.8

FAF Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 1,506.4	$ 3,605.3
Accounts and accrued income receivable, less allowance for credit losses of $20.8 and $21.8	365.7	509.4
Income taxes receivable	71.1	75.7
Investments:
Deposits with banks	77.1	55.8
Debt securities (amortized cost of $7,859.0 and $7,895.2; pledged of $89.9 and $107.0)	7,054.4	7,157.5
Equity securities	733.0	735.6
Investments, Total	7,864.5	7,948.9
Secured financings receivable	831.4	636.5
Property and equipment, net	765.6	749.6
Operating lease assets	218.4	229.3
Title plants and other indexes	656.2	652.4
Deferred income taxes	50.1	50.1
Goodwill	1,807.3	1,807.5
Other intangible assets, net	147.6	153.8
Other assets	413.5	384.3
Total assets	14,697.8	16,802.8
Liabilities and Equity
Deposits	5,303.2	7,308.0
Accounts payable and accrued liabilities	745.0	879.5
Deferred revenue	183.0	196.8
Reserve for known and incurred but not reported claims	1,261.6	1,282.4
Income taxes payable	15.3	15.9
Deferred income taxes	63.6	63.6
Operating lease liabilities	235.4	246.6
Secured financings payable	688.8	553.3
Notes and contracts payable	1,396.0	1,393.9
Total liabilities	9,891.9	11,940.0
Commitments and contingencies (Note 16)
Stockholders’ equity:
Preferred stock, $0.00001 par value; Authorized—0.5 shares; Outstanding—none	0.0	0.0
Common stock, $0.00001 par value; Authorized-300.0 shares; Outstanding-103.7 shares and 103.1 shares	0.0	0.0
Additional paid-in capital	1,806.0	1,793.3
Retained earnings	3,701.6	3,710.6
Accumulated other comprehensive loss	(720.5)	(655.8)
Total stockholders’ equity	4,787.1	4,848.1
Noncontrolling interests	18.8	14.7
Total equity	4,805.9	4,862.8
Total liabilities and equity	$ 14,697.8	$ 16,802.8

About First American Financial Corp

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, mortgage subservicing, and related products and services, as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in 49 states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, New Zealand, South Korea, and internationally. The Specialty Insurance segment provides home warranty products, including residential service contracts that cover residential systems, such as heating and air conditioning systems, and various appliances against failures that occur as the result of normal usage during the coverage period. This segment operates in 35 states and the District of Columbia. The company was founded in 1889 and is headquartered in Santa Ana, California.

CEO	Mr. Kenneth David DeGiorgio BA, MBA
WEBSITE	firstam.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	21153

First American Financial Corp Frequently Asked Questions

What is the ticker symbol for First American Financial Corp? What does FAF stand for in stocks?

FAF is the stock ticker symbol of First American Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First American Financial Corp (FAF)?

As of Mon May 13 2024, market cap of First American Financial Corp is 5.8 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FAF stock?

You can check FAF's fair value in chart for subscribers.

What is the fair value of FAF stock?

You can check FAF's fair value in chart for subscribers. The fair value of First American Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First American Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FAF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First American Financial Corp a good stock to buy?

The fair value guage provides a quick view whether FAF is over valued or under valued. Whether First American Financial Corp is cheap or expensive depends on the assumptions which impact First American Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FAF.

What is First American Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, FAF's PE ratio (Price to Earnings) is 26.78 and Price to Sales (PS) ratio is 0.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FAF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First American Financial Corp's stock?

In the past 10 years, First American Financial Corp has provided 0.1 (multiply by 100 for percentage) rate of return.