DA Davidson Predicts Reduced Earnings for First Foundation

First Foundation Inc. (NASDAQ:FFWM) – Stock analysts at DA Davidson decreased their Q2 2025 earnings per share (EPS) estimates for shares of First Foundation in a note issued to investors on Friday, June 27th. DA Davidson analyst G. Tenner now anticipates that the bank will post earnings of $0.00 per share for the quarter, down from their prior forecast of $0.01. The consensus estimate for First Foundation’s current full-year earnings is $0.28 per share. DA Davidson also issued estimates for First Foundation’s FY2025 earnings at $0.14 EPS.

Other equities analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of First Foundation from a “hold” rating to a “sell” rating in a report on Wednesday, May 14th. Jefferies Financial Group set a $7.00 price objective on First Foundation and gave the company a “buy” rating in a report on Wednesday, May 21st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $6.80.

First Foundation Stock Up 7.2%

FFWM opened at $5.47 on Monday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.87 and a current ratio of 1.04. First Foundation has a 1 year low of $4.42 and a 1 year high of $8.52. The firm has a 50 day moving average price of $5.20 and a 200 day moving average price of $5.33. The company has a market cap of $450.24 million, a PE ratio of -4.08 and a beta of 0.99.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FFWM. Goldman Sachs Group Inc. grew its position in shares of First Foundation by 28.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 618,288 shares of the bank’s stock valued at $3,209,000 after acquiring an additional 136,308 shares during the period. Mendon Capital Advisors Corp grew its holdings in First Foundation by 23.2% during the first quarter. Mendon Capital Advisors Corp now owns 460,386 shares of the bank’s stock valued at $2,389,000 after purchasing an additional 86,675 shares during the period. Jane Street Group LLC increased its position in First Foundation by 273.2% in the first quarter. Jane Street Group LLC now owns 110,230 shares of the bank’s stock worth $572,000 after buying an additional 80,696 shares in the last quarter. EJF Capital LLC increased its position in First Foundation by 53.3% in the first quarter. EJF Capital LLC now owns 265,378 shares of the bank’s stock worth $1,377,000 after buying an additional 92,212 shares in the last quarter. Finally, Curi RMB Capital LLC raised its stake in shares of First Foundation by 26.8% in the first quarter. Curi RMB Capital LLC now owns 400,000 shares of the bank’s stock worth $2,076,000 after buying an additional 84,500 shares during the period. 73.10% of the stock is owned by hedge funds and other institutional investors.

About First Foundation

First Foundation Inc, through its subsidiaries, provides banking services, investment advisory, wealth management, and trust services to individuals, businesses, and other organizations in the United States. The company operates in two segments, Banking and Wealth Management. It offers a range of deposit products, including personal and business checking accounts, savings accounts, interest-bearing demand deposit accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, commercial term loans, and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits.