
First American Financial Corporation (NYSE:FAF – Free Report) – Research analysts at Zacks Research boosted their Q3 2026 earnings estimates for First American Financial in a research report issued to clients and investors on Thursday, August 27th. Zacks Research analyst Team now anticipates that the insurance provider will earn $1.85 per share for the quarter, up from their previous estimate of $1.83. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for First American Financial’s current full-year earnings is $7.11 per share. Zacks Research also issued estimates for First American Financial’s Q4 2026 earnings at $1.78 EPS, FY2026 earnings at $7.04 EPS, Q1 2027 earnings at $1.28 EPS, Q2 2027 earnings at $2.05 EPS, Q3 2027 earnings at $1.98 EPS, Q4 2027 earnings at $2.08 EPS, FY2027 earnings at $7.39 EPS and FY2028 earnings at $7.43 EPS.
Several other research firms have also recently commented on FAF. Keefe, Bruyette & Woods raised their target price on First American Financial from $84.00 to $86.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Weiss Ratings reissued a “buy (b)” rating on shares of First American Financial in a research note on Monday, July 20th. Barclays raised their price target on First American Financial from $80.00 to $83.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Wall Street Zen downgraded shares of First American Financial from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Stephens reiterated an “overweight” rating and issued a $84.00 target price on shares of First American Financial in a research report on Friday, June 12th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $84.60.
First American Financial Trading Up 1.3%
FAF opened at $74.62 on Friday. The business’s 50 day moving average is $71.92 and its 200-day moving average is $67.90. The stock has a market cap of $7.62 billion, a PE ratio of 10.34, a price-to-earnings-growth ratio of 0.68 and a beta of 1.22. First American Financial has a twelve month low of $56.20 and a twelve month high of $79.87.
First American Financial (NYSE:FAF – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The insurance provider reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.28. First American Financial had a net margin of 9.33% and a return on equity of 13.31%. The firm had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the previous year, the business posted $1.53 EPS. First American Financial’s revenue was up 15.0% on a year-over-year basis.
Insiders Place Their Bets
In other First American Financial news, CAO Steven A. Adams sold 3,253 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $74.99, for a total value of $243,942.47. Following the sale, the chief accounting officer directly owned 10,234 shares in the company, valued at approximately $767,447.66. The trade was a 24.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.50% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On First American Financial
Hedge funds have recently made changes to their positions in the business. Jackson Creek Investment Advisors LLC bought a new stake in shares of First American Financial during the 4th quarter worth $1,608,000. Jefferies Financial Group Inc. acquired a new position in shares of First American Financial in the 4th quarter worth $6,713,000. Manning & Napier Advisors LLC acquired a new stake in shares of First American Financial during the fourth quarter worth $63,693,000. Mendon Capital Advisors Corp acquired a new stake in shares of First American Financial during the first quarter worth $71,680,000. Finally, Gabelli Funds LLC lifted its holdings in shares of First American Financial by 81.6% during the fourth quarter. Gabelli Funds LLC now owns 79,362 shares of the insurance provider’s stock valued at $4,876,000 after purchasing an additional 35,650 shares during the last quarter. Institutional investors and hedge funds own 89.05% of the company’s stock.
First American Financial Company Profile
First American Financial Corporation is a leading provider of title insurance, settlement services and diversified real estate-related data and analytics. Headquartered in Santa Ana, California, the company serves customers throughout the United States as well as in Canada, Europe, Latin America and Asia. Its business is built on the underwriting capabilities of its title insurance operations combined with comprehensive closing and escrow services for homebuyers, sellers, mortgage lenders and real estate professionals.
The company’s title insurance segment issues policies that protect property owners and mortgage lenders against defects in titles, liens or encumbrances that can arise during real property transactions.
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