First American Monetary Co. (NYSE:FAF – Get Free Report) has earned a consensus score of “Average Purchase” from the six brokerages which are presently protecting the inventory, MarketBeat reviews. Two analysts have rated the inventory with a maintain advice and 4 have assigned a purchase advice to the corporate. The typical twelve-month goal value amongst brokers which have coated the inventory within the final 12 months is $68.00.
A number of brokerages lately commented on FAF. Deutsche Financial institution Aktiengesellschaft initiated protection on shares of First American Monetary in a analysis notice on Wednesday, January tenth. They set a “purchase” score on the inventory. TheStreet minimize First American Monetary from a “b-” score to a “c+” score in a analysis report on Tuesday, March twelfth. Stephens reaffirmed an “chubby” score and set a $73.00 value goal on shares of First American Monetary in a analysis report on Thursday, February eighth. Lastly, Keefe, Bruyette & Woods raised First American Monetary from a “market carry out” score to an “outperform” score and elevated their value goal for the corporate from $66.00 to $69.00 in a report on Thursday, March twenty first.

Learn Our Newest Report on First American Monetary

First American Monetary Inventory Efficiency

NYSE:FAF opened at $57.09 on Tuesday. First American Monetary has a 1 12 months low of $49.55 and a 1 12 months excessive of $65.54. The inventory has a market cap of $5.91 billion, a P/E ratio of 27.45 and a beta of 1.28. The inventory has a 50-day easy transferring common of $57.73 and a 200-day easy transferring common of $58.27.

First American Monetary (NYSE:FAF – Get Free Report) final introduced its quarterly earnings outcomes on Thursday, February eighth. The insurance coverage supplier reported $0.69 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $0.75 by ($0.06). The enterprise had income of $1.43 billion throughout the quarter, in comparison with analyst estimates of $1.47 billion. First American Monetary had a web margin of three.61% and a return on fairness of 8.27%. The enterprise’s income for the quarter was down 15.2% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the corporate earned $1.35 earnings per share. On common, equities analysis analysts predict that First American Monetary will submit 4.29 EPS for the present 12 months.

First American Monetary Declares Dividend
The enterprise additionally lately introduced a quarterly dividend, which was paid on Friday, March fifteenth. Shareholders of document on Friday, March eighth have been paid a $0.53 dividend. The ex-dividend date was Thursday, March seventh. This represents a $2.12 annualized dividend and a dividend yield of three.71%. First American Monetary’s dividend payout ratio (DPR) is presently 101.92%.

Institutional Buyers Weigh In On First American Monetary
A number of hedge funds have lately modified their holdings of FAF. Wealth Enhancement Advisory Providers LLC raised its place in First American Monetary by 1.9% throughout the 1st quarter. Wealth Enhancement Advisory Providers LLC now owns 10,327 shares of the insurance coverage supplier’s inventory value $630,000 after shopping for an extra 193 shares over the last quarter. Treasurer of the State of North Carolina raised its holdings in First American Monetary by 0.5% throughout the third quarter. Treasurer of the State of North Carolina now owns 44,007 shares of the insurance coverage supplier’s inventory value $2,486,000 after buying an extra 220 shares within the final quarter. J.P. Morgan Personal Wealth Advisors LLC boosted its holdings in First American Monetary by 3.0% within the third quarter. J.P. Morgan Personal Wealth Advisors LLC now owns 7,910 shares of the insurance coverage supplier’s inventory valued at $447,000 after buying an extra 227 shares within the final quarter. State Board of Administration of Florida Retirement System elevated its place in First American Monetary by 0.3% throughout the third quarter. State Board of Administration of Florida Retirement System now owns 117,044 shares of the insurance coverage supplier’s inventory value $6,612,000 after buying an extra 308 shares throughout the interval. Lastly, Advisors Capital Administration LLC boosted its stake in shares of First American Monetary by 0.6% within the third quarter. Advisors Capital Administration LLC now owns 55,462 shares of the insurance coverage supplier’s inventory valued at $3,133,000 after shopping for an extra 311 shares within the final quarter. 89.05% of the inventory is owned by institutional traders and hedge funds.

About First American Monetary
(Get Free Report

First American Monetary Company, via its subsidiaries, supplies monetary companies. It operates via Title Insurance coverage and Providers, and Dwelling Guarantee segments. The Title Insurance coverage and Providers section points title insurance coverage insurance policies on residential and industrial property, in addition to affords associated services and products internationally.

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Analyst Recommendations for First American Financial (NYSE:FAF)

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