Finance of America Companies (NYSE:FOA) Announces Quarterly Earnings Results, Misses Expectations By $0.98 EPS

Posted by Francis Steltz on Nov 3rd, 2026

Finance of America Companies (NYSE:FOA – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.98), FiscalAI reports. Finance of America Companies had a positive return on equity of 28.39% and a negative net margin of 0.10%. The business had revenue of $89.00 million for the quarter, compared to analyst estimates of $132.34 million.

Here are the key takeaways from Finance of America Companies’ conference call:

Funded volume increased 24% year over year to $748 million in Q3, supported by growth across HECM, HomeSafe First, and HomeSafe Second products. Management expects 2027 funded volume of $3.1 billion to $3.4 billion, citing retirement demographics and continued product expansion.
Retail productivity improved substantially, with production per loan officer rising more than 40% year over year to approximately $1.2 million per month. Digital initiatives also lifted prequalification starts and opportunities while reducing lead-to-application time.
Higher interest rates compressed revenue margins and contributed to a $130 million GAAP pretax loss, primarily through non-cash fair-value adjustments. Retirement Solutions revenue margin fell to 9% from 11.3% a year earlier, and Q4 adjusted earnings are expected to be similar to Q3.
The company withdrew its full-year 2026 adjusted EPS guidance of $4.50–$5.00 because margin pressure and the time required for repricing changes to flow through the pipeline will weigh on results.
Management plans to repay $60 million of senior secured notes and extend approximately $90 million of remaining debt to November 2027. It expects cash generation from securitization activity and potential HECM MSR financing to support repayment, after which share buybacks or dividends may become possible.

Finance of America Companies Stock Down 2.3%

NYSE FOA traded down $0.25 on Tuesday, reaching $10.70. The stock had a trading volume of 109,040 shares, compared to its average volume of 74,417. The business has a 50 day moving average price of $14.01 and a 200 day moving average price of $19.38. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 60.78. Finance of America Companies has a 1 year low of $10.04 and a 1 year high of $29.79. The company has a market capitalization of $185.12 million, a price-to-earnings ratio of -3.55 and a beta of 1.68.

Insider Buying and Selling at Finance of America Companies

In other news, CIO Jeremy Prahm sold 5,610 shares of the firm’s stock in a transaction dated Monday, October 19th. The stock was sold at an average price of $10.74, for a total transaction of $60,251.40. Following the completion of the sale, the executive directly owned 150,246 shares of the company’s stock, valued at $1,613,642.04. This trade represents a 3.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 43,110 shares of company stock worth $729,971. 35.37% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

FOA has been the topic of a number of research reports. Weiss Ratings downgraded Finance of America Companies from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. Zacks Research cut shares of Finance of America Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 11th. Alliance Global Partners initiated coverage on shares of Finance of America Companies in a research report on Wednesday, July 22nd. They set a “buy” rating and a $30.00 price objective on the stock. B. Riley Financial reaffirmed a “buy” rating and set a $32.00 price objective (up from $25.00) on shares of Finance of America Companies in a research report on Wednesday, August 5th. Finally, Wall Street Zen upgraded shares of Finance of America Companies from a “sell” rating to a “hold” rating in a research note on Saturday, October 3rd. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $30.50.

Read Our Latest Stock Report on Finance of America Companies

Finance of America Companies Company Profile

(Get Free Report)

Finance of America Companies Inc (NYSE:FOA) is a financial services company focused on helping homeowners access and manage home equity. Its primary business is conducted through Finance of America Reverse, which provides reverse mortgage products and related services to older homeowners.

The company offers federally insured Home Equity Conversion Mortgages (HECMs), proprietary reverse mortgage products and reverse mortgage refinancing solutions. These products generally allow eligible homeowners to convert a portion of their home equity into funds while continuing to live in their homes, subject to applicable loan terms, taxes, insurance and maintenance requirements.