First American Financial Corporation (NYSE:FAF – Free Report) – Stock analysts at Zacks Research decreased their Q1 2028 earnings per share estimates for First American Financial in a research note issued on Monday, September 28th. Zacks Research analyst Team now expects that the insurance provider will post earnings of $1.19 per share for the quarter, down from their prior estimate of $1.23. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for First American Financial’s current full-year earnings is $7.12 per share. Zacks Research also issued estimates for First American Financial’s Q2 2028 earnings at $2.08 EPS.
A number of other research analysts have also recently issued reports on FAF. Stephens reaffirmed an “overweight” rating and issued a $84.00 price target on shares of First American Financial in a report on Friday, June 12th. Keefe, Bruyette & Woods upped 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. Benchmark started coverage on First American Financial in a research note on Tuesday, July 21st. They issued a “buy” rating and a $85.00 target price for the company. Barclays raised their target price on First American Financial from $80.00 to $83.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of First American Financial in a research note on Monday, July 20th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, First American Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.60.
First American Financial Trading Down 1.0%
NYSE:FAF opened at $64.07 on Wednesday. The company has a market cap of $6.54 billion, a PE ratio of 8.87, a P/E/G ratio of 0.60 and a beta of 1.21. First American Financial has a twelve month low of $56.20 and a twelve month high of $79.87. The company’s 50 day moving average is $72.50 and its two-hundred day moving average is $68.50.
First American Financial (NYSE:FAF – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The insurance provider reported $2.08 EPS for the quarter, beating the consensus estimate of $1.80 by $0.28. The firm had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.03 billion. First American Financial had a net margin of 9.33% and a return on equity of 13.31%. First American Financial’s revenue was up 15.0% on a year-over-year basis. During the same period last year, the firm posted $1.53 EPS.
First American Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Monday, September 28th will be paid a $0.55 dividend. The ex-dividend date is Monday, September 28th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.4%. First American Financial’s dividend payout ratio is presently 33.80%.
Insider Buying and Selling at First American Financial
In related news, CAO Steven Adams sold 3,253 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $74.99, for a total transaction of $243,942.47. Following the completion of the transaction, the chief accounting officer owned 10,234 shares of the company’s stock, valued at $767,447.66. This trade represents a 24.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.50% of the stock is owned by insiders.
Institutional Investors Weigh In On First American Financial
Several hedge funds and other institutional investors have recently added to or reduced their stakes in FAF. BlackRock Inc. purchased a new stake in shares of First American Financial in the second quarter worth about $643,570,000. Dimensional Fund Advisors LP grew its holdings in First American Financial by 5.6% during the first quarter. Dimensional Fund Advisors LP now owns 4,636,464 shares of the insurance provider’s stock worth $279,529,000 after acquiring an additional 245,279 shares during the period. Capital Research Global Investors raised its position in First American Financial by 3.3% during the fourth quarter. Capital Research Global Investors now owns 3,415,825 shares of the insurance provider’s stock valued at $209,868,000 after acquiring an additional 109,242 shares in the last quarter. Geode Capital Management LLC raised its position in First American Financial by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 1,793,179 shares of the insurance provider’s stock valued at $110,200,000 after acquiring an additional 19,752 shares in the last quarter. Finally, Reinhart Partners LLC. lifted its holdings in First American Financial by 1.9% in the second quarter. Reinhart Partners LLC. now owns 1,553,234 shares of the insurance provider’s stock valued at $106,537,000 after acquiring an additional 28,534 shares during the period. 89.05% of the stock is owned by institutional investors and hedge funds.
Key First American Financial News
Here are the key news stories impacting First American Financial this week:
- Positive Sentiment: Zacks Research raised multiple earnings estimates for FAF. The firm lifted its Q3 2026 EPS forecast to $1.87 from $1.85, FY2026 to $7.08 from $7.04, FY2027 to $7.45 from $7.39, and FY2028 to $7.48 from $7.43. It also increased estimates for several 2027 quarters, suggesting modestly improved expectations for First American’s profitability. Zacks Research Has Optimistic Opinion of FAF Q3 Earnings
- Positive Sentiment: First American’s dividend increase is strengthening its capital-return story. The move may make FAF more attractive to income-oriented investors and signals management’s confidence in cash generation, although the article does not provide details on the size or timing of the increase. Does First American Financial Boosting Its Dividend Reframe the Capital Return Narrative?
- Neutral Sentiment: Zacks maintained a “Hold” rating on FAF. Despite the upward estimate revisions, the unchanged rating indicates analysts see limited immediate upside or balanced risk. Zacks’ current full-year consensus EPS reference is approximately $7.11. Zacks Research Has Optimistic Opinion of FAF Q3 Earnings
- Negative Sentiment: U.S. home-price growth remained below its long-term average for the 17th consecutive month. The First American Data & Analytics report points to a still-muted housing market, which could weigh on transaction volumes and demand for title-insurance services. U.S. House Price Growth Remains Below Long-Term Average
First American Financial Company Profile
First American Financial Corporation (NYSE: FAF) provides title insurance, settlement services and related real estate transaction solutions. Through its title insurance operations, the company protects property buyers, lenders and other parties against certain losses arising from defects in title, liens and other issues affecting ownership or mortgage interests.
The company also offers escrow and closing services, title search and examination, property information, valuation, mortgage subservicing and other technology-enabled solutions for the real estate and mortgage industries.
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