FAF - First American Financial Corp Stock Price, Fair Value and News

57.75USD-0.43 (-0.74%)Market Closed

Market Summary

USD57.75-0.43

Market Closed

-0.74%

FAF Stock Price

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FAF RSI Chart

FAF Valuation

Market Cap

6.0B

Price/Earnings (Trailing)

27.8

Price/Sales (Trailing)

EV/EBITDA

6.36

Price/Free Cashflow

16.93

FAF Price/Sales (Trailing)

FAF Profitability

EBT Margin

4.57%

Return on Equity

4.45%

Return on Assets

1.28%

Free Cashflow Yield

5.91%

FAF Fundamentals

FAF Revenue

Revenue (TTM)

6.0B

Rev. Growth (Yr)

-15.16%

Rev. Growth (Qtr)

-3.5%

FAF Earnings

Earnings (TTM)

215.8M

Earnings Growth (Yr)

-34.39%

Earnings Growth (Qtr)

2.2K%

Breaking Down FAF Revenue

Last 7 days

5.6%

Last 30 days

0.1%

Last 90 days

-3.4%

Trailing 12 Months

2.2%

How does FAF drawdown profile look like?

FAF Financial Health

Debt/Equity

0.29

Debt/Cashflow

0.25

FAF Investor Care

Dividend Yield

3.61%

Dividend/Share (TTM)

2.1

Buy Backs (1Y)

0.03%

Diluted EPS (TTM)

2.07

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	7.0B	6.6B	6.3B	6.0B
2022	9.2B	9.0B	8.3B	7.6B
2021	7.7B	8.4B	9.0B	9.2B
2020	6.3B	6.4B	6.7B	7.1B
2019	5.8B	5.8B	5.9B	6.2B
2018	5.8B	5.8B	5.8B	5.7B
2017	5.7B	5.8B	5.8B	5.8B
2016	5.3B	5.3B	5.4B	5.6B
2015	4.8B	5.0B	5.1B	5.2B
2014	4.8B	4.7B	4.6B	4.7B
2013	4.7B	4.9B	5.0B	5.0B
2012	3.9B	4.0B	4.3B	4.5B
2011	3.9B	3.9B	3.8B	3.8B
2010	4.1B	4.0B	3.9B	3.9B
2009	0	4.3B	4.2B	4.0B
2008	0	0	0	4.4B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of First American Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 22, 2024	cornehl lisa w	acquired	-	-	6,734	svp, chief legal officer
Feb 22, 2024	wajner matthew f.	acquired	-	-	2,933	vp & treasurer
Feb 22, 2024	gilmore dennis j	acquired	-	-	2,601	-
Feb 22, 2024	gilyard reginald harold	acquired	-	-	2,601	-
Feb 22, 2024	adams steven a	sold (taxes)	-22,318	57.67	-387	vp & chief accounting officer
Feb 22, 2024	wajner matthew f.	sold (taxes)	-25,547	57.67	-443	vp & treasurer
Feb 22, 2024	adams steven a	acquired	-	-	2,456	vp & chief accounting officer
Feb 22, 2024	wyrsch martha b	acquired	-	-	2,601	-
Feb 22, 2024	spence marsha a	acquired	-	-	2,601	-
Feb 22, 2024	oman mark c	acquired	-	-	2,601	-

Which funds bought or sold FAF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	FIFTH THIRD BANCORP	added	2.55	-11,098	378,571	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	25.00	5,861	-%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.41	-55,575	1,813,180	0.04%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	added	39.71	1,496	10,496	0.01%
Apr 23, 2024	Gradient Investments LLC	reduced	-0.83	-10,343	160,500	-%
Apr 23, 2024	Venturi Wealth Management, LLC	added	82.31	12,981	30,831	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	-72,000	1,294,000	0.05%
Apr 23, 2024	AMALGAMATED BANK	reduced	-3.15	-381,000	4,238,000	0.04%
Apr 23, 2024	Blossom Wealth Management	added	2.43	-12,555	411,782	0.99%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	15.88	758,201	8,508,940	0.01%

Are Funds Buying or Selling FAF?

Are funds buying FAF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FAF

No. of Funds

Unveiling First American Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	vanguard group inc	10.25%	10,567,038	SC 13G/A
Feb 14, 2024	hg vora capital management, llc	6.8%	7e+06	SC 13G/A
Feb 13, 2024	vanguard group inc	9.82%	10,135,949	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 24, 2024	blackrock inc.	9.2%	9,485,534	SC 13G/A
Feb 14, 2023	hg vora capital management, llc	9.7%	1e+07	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 09, 2023	vanguard group inc	9.88%	10,234,594	SC 13G/A
Jan 24, 2023	blackrock inc.	9.2%	9,560,019	SC 13G
Feb 14, 2022	hg vora capital management, llc	9.4%	10,300,000	SC 13G

Recent SEC filings of First American Financial Corp

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	13F-HR/A	Fund Holdings Report
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 01, 2024	ARS	ARS
Apr 01, 2024	DEF 14A	DEF 14A
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading

Peers (Alternatives to First American Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-3.06%	3133.49%	-4.8K	757.88	-10.27%	-34.69%
AJG	51.6B	10.1B	-3.50%	14.70%	53.16	5.12	17.79%	-12.97%
AIG	51.0B	46.8B	-1.87%	44.64%	14.01	1.09	-14.05%	-64.38%
TRV	49.1B	42.9B	-4.52%	19.64%	15.63	1.14	13.52%	12.15%
AFL	48.3B	18.7B	-0.51%	26.71%	10.37	2.58	-2.30%	5.45%
ACGL	35.1B	13.6B	3.42%	29.33%	7.9	2.57	41.83%	201.02%
AFG	10.8B	7.8B	-1.14%	7.71%	12.73	1.39	11.18%	-5.12%
MID-CAP
UNM	9.9B	12.4B	-0.67%	27.01%	7.73	0.8	3.35%	-8.77%
AIZ	9.2B	11.1B	-1.85%	50.47%	14.27	0.82	9.21%	132.28%
LNC	4.9B	11.6B	-2.51%	35.58%	-6.48	0.42	-38.09%	-155.38%
AEL	4.5B	2.8B	0.20%	50.67%	21.22	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.7B	1.2B	-4.27%	12.40%	-18.68	1.38	24.25%	-115.79%
AMSF	974.0M	306.9M	2.19%	-3.93%	15.68	3.17	4.11%	11.70%
AMBC	661.7M	269.0M	-3.43%	-7.17%	147.04	2.46	-46.68%	-99.14%
AAME	39.2M	186.8M	-30.94%	-16.16%	-229.08	0.21	-0.56%	-111.21%

First American Financial Corp News

Latest updates

First American Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-3.5%	1,429	1,481	1,647	1,446	1,685	1,824	2,063	2,034	2,373	2,556	2,266	2,026	2,151	1,914	1,609	1,413	1,729	1,671	1,499	1,304	1,417
Costs and Expenses	-6.2%	1,391	1,483	1,469	1,387	1,627	1,828	1,921	1,904	2,041	1,952	1,867	1,720	1,769	1,670	1,383	1,341	1,440	1,426	1,269	1,162	1,298
EBITDA Margin	2.6%	0.10*	0.10*	0.09*	0.08*	0.08*	0.10*	0.16*	0.18*	0.20*	0.21*	0.19*	0.18*	-	-	-	-	-	-	-	-	-
Interest Expenses	-7.0%	33.00	36.00	34.00	29.00	30.00	24.00	20.00	20.00	20.00	19.00	16.00	17.00	15.00	16.00	13.00	12.00	12.00	12.00	12.00	12.00	11.00
Income Taxes	920.0%	4.00	-0.50	42.00	14.00	3.00	-5.60	31.00	32.00	71.00	154	95.00	72.00	101	60.00	54.00	8.00	64.00	57.00	42.00	32.00	26.00
Earnings Before Taxes	2358.8%	38.00	-1.70	178	60.00	58.00	-3.20	141	130	332	604	399	306	382	243	225	72.00	289	245	229	142	119
EBT Margin	-2.6%	0.05*	0.05*	0.04*	0.04*	0.04*	0.07*	0.13*	0.16*	0.18*	0.19*	0.16*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	2164.7%	35.00	-1.70	136	46.00	54.00	2.00	110	98.00	259	445	304	234	280	182	172	64.00	224	187	187	110	92.00
Net Income Margin	-3.9%	0.04*	0.04*	0.04*	0.03*	0.03*	0.06*	0.10*	0.12*	0.13*	0.14*	0.12*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	-119.0%	-41.70	219	269	-92.30	248	303	191	38.00	344	399	253	224	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	14.5%	16,803	14,678	15,731	15,384	14,955	16,486	16,262	16,527	16,451	16,686	15,427	14,432	12,796	12,639	12,288	11,675	11,519	11,804	11,443	11,160	10,631
Cash Equivalents	128.3%	3,605	1,579	2,246	1,983	1,224	2,361	1,745	1,704	1,228	1,953	2,223	2,026	1,276	1,512	1,523	1,050	1,486	1,711	1,412	1,337	1,467
Net PPE	2.6%	750	731	700	663	637	593	562	523	506	475	454	445	445	442	460	488	442	448	451	453	458
Goodwill	0.4%	1,808	1,800	1,802	1,805	1,798	1,811	1,802	1,598	1,588	1,416	1,378	1,372	1,379	1,355	1,389	1,381	1,151	1,150	1,150	1,145	1,144
Liabilities	17.8%	11,940	10,136	10,944	10,605	10,274	11,955	11,329	11,148	10,668	11,073	10,152	9,466	7,874	7,904	7,712	7,307	7,094	7,558	7,355	7,280	6,885
Long Term Debt	0.1%	1,394	1,392	1,393	1,395	1,646	1,647	1,646	1,647	1,648	1,649	1,008	1,009	1,011	1,012	1,011	847	728	728	730	731	732
Shareholder's Equity	7.1%	4,848	4,527	4,787	4,779	4,658	4,531	4,933	5,379	5,776	5,613	5,275	4,966	4,915	4,735	4,576	4,369	4,425	4,246	4,088	3,881	3,745
Retained Earnings	-0.8%	3,711	3,739	3,796	3,712	3,714	3,722	3,775	3,721	3,680	3,477	3,089	2,837	2,655	2,427	2,295	2,174	2,161	1,985	1,846	1,707	1,644
Additional Paid-In Capital	-0.3%	1,793	1,798	1,800	1,800	1,812	1,834	1,891	2,103	2,179	2,186	2,187	2,174	2,215	2,273	2,259	2,248	2,301	2,289	2,277	2,265	2,258
Shares Outstanding	-0.2%	103	103	103	103	103	105	109	110	111	111	111	111	-	-	-	-	-	-	-	-	-
Minority Interest	-0.7%	15.00	15.00	15.00	22.00	23.00	23.00	17.00	16.00	16.00	16.00	11.00	10.00	12.00	11.00	10.00	10.00	5.00	4.00	3.00	3.00	0.00
Float	-	-	-	5,676,971,916	-	-	-	5,358,609,470	-	-	-	6,620,544,646	-	-	-	5,183,749	-	-	-	5,843,780	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-119.0%	-41.70	219	269	-92.30	245	303	191	38.00	344	399	253	224	404	313	344	24.00	301	311	267	34.00	308
Share Based Compensation	-7.9%	8.00	9.00	9.00	23.00	7.00	8.00	9.00	43.00	7.00	7.00	9.00	31.00	8.00	8.00	10.00	26.00	7.00	8.00	8.00	20.00	7.00
Cashflow From Investing	778.7%	415	-61.10	-181	427	-137	-60.30	-88.20	-106	-564	-1,297	-753	-779	-319	-390	-12.67	-692	-25.94	-57.73	-76.72	-290	-205
Cashflow From Financing	301.0%	1,648	-820	171	424	-1,251	385	-54.00	544	-507	634	695	1,305	-352	83.00	138	245	-503	50.00	-115	124	-836
Dividend Payments	-0.4%	55.00	55.00	54.00	54.00	54.00	54.00	54.00	56.00	56.00	56.00	50.00	51.00	51.00	49.00	49.00	50.00	47.00	47.00	47.00	47.00	47.00
Buy Backs	90.3%	18.00	9.00	15.00	30.00	34.00	72.00	227	108	20.00	14.00	-	65.00	70.00	-	3.00	66.00	-0.07	-	-	2.00	19.00

FAF Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Direct premiums and escrow fees	$ 2,252.1	$ 3,084.8	$ 3,598.4
Agent premiums	2,449.3	3,547.6	3,757.1
Information and other	938.5	1,148.5	1,214.9
Net investment income	570.0	340.1	214.8
Net investment (losses) gains (realized of $(80.9), $(85.4), $20.3)	(206.4)	(515.8)	435.6
Total revenues	6,003.5	7,605.2	9,220.8
Expenses:
Personnel costs	1,989.1	2,339.6	2,350.3
Premiums retained by agents	1,952.2	2,829.7	2,986.6
Other operating expenses	1,067.0	1,272.3	1,322.9
Provision for policy losses and other claims	336.3	486.3	588.7
Depreciation and amortization	188.5	167.5	158.4
Premium taxes	63.5	91.1	100.2
Interest	132.5	93.0	72.4
Total expenses	5,729.1	7,279.5	7,579.5
Income before income taxes	274.4	325.7	1,641.3
Income taxes	58.9	60.4	392.2
Net income	215.5	265.3	1,249.1
Less: Net (loss) income attributable to noncontrolling interests	(1.3)	2.3	8.0
Net income attributable to the Company	$ 216.8	$ 263.0	$ 1,241.1
Net income per share attributable to the Company’s stockholders:
Basic	$ 2.08	$ 2.46	$ 11.18
Diluted	2.07	2.45	11.14
Cash dividends per share	$ 2.1	$ 2.06	$ 1.94
Weighted-average common shares outstanding:
Basic	104.3	107.0	111.0
Diluted	104.6	107.3	111.4

FAF Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 3,605.3	$ 1,223.5
Accounts and accrued income receivable, less allowances for credit losses of $21.8 and $21.3	509.4	367.1
Income taxes receivable	75.7	22.0
Investments:
Deposits with banks	55.8	63.4
Debt securities (amortized cost of $7,895.2 and $9,169.6; pledged of $107.0 and $86.0)	7,157.5	8,169.6
Equity securities	735.6	754.2
Investments, Total	7,948.9	8,987.2
Secured financings receivable	636.5	422.7
Property and equipment, net	749.6	636.9
Operating lease assets	229.3	248.0
Title plants and other indexes	652.4	639.8
Deferred income taxes	50.1	54.5
Goodwill	1,807.5	1,798.2
Other intangible assets, net	153.8	193.8
Other assets	384.3	361.6
Total assets	16,802.8	14,955.3
LIABILITIES AND EQUITY
Deposits	7,308.0	5,519.7
Accounts payable and accrued liabilities:
Accounts payable	63.3	51.0
Personnel costs	256.6	298.8
Pension costs and other retirement plans	399.2	390.8
Other	160.4	183.9
Accounts payable and accrued liabilities	879.5	924.5
Deferred revenue	196.8	196.9
Reserve for known and incurred but not reported claims	1,282.4	1,325.3
Income taxes payable	15.9	10.0
Deferred income taxes	63.6	16.3
Operating lease liabilities	246.6	269.3
Secured financings payable	553.3	366.3
Notes and contracts payable	1,393.9	1,645.8
Total liabilities	11,940.0	10,274.1
Commitments and contingencies (Note 21)
Stockholders’ equity:
Preferred stock, $0.00001 par value; Authorized—0.5 shares; Outstanding—none	0.0	0.0
Common stock, $0.00001 par value; Authorized-300.0 shares; Outstanding-103.1 shares and 103.2 shares	0.0	0.0
Additional paid-in capital	1,793.3	1,812.4
Retained earnings	3,710.6	3,714.3
Accumulated other comprehensive loss	(655.8)	(868.9)
Total stockholders’ equity	4,848.1	4,657.8
Noncontrolling interests	14.7	23.4
Total equity	4,862.8	4,681.2
Total liabilities and equity	$ 16,802.8	$ 14,955.3

About First American Financial Corp

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services. This segment also provides closing and/or escrow services; products, services, and solutions to mitigate risk or otherwise facilitate real estate transactions; and appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, mortgage subservicing, and related products and services, as well as banking, trust, and wealth management services. In addition, it accommodates tax-deferred exchanges of real estate; and maintains, manages, and provides access to title plant data and records. This segment offers its products through a network of direct operations and agents in 49 states and in the District of Columbia, as well as in Canada, the United Kingdom, Australia, New Zealand, South Korea, and internationally. The Specialty Insurance segment provides home warranty products, including residential service contracts that cover residential systems, such as heating and air conditioning systems, and various appliances against failures that occur as the result of normal usage during the coverage period. This segment operates in 35 states and the District of Columbia. The company was founded in 1889 and is headquartered in Santa Ana, California.

CEO	Mr. Kenneth David DeGiorgio BA, MBA
WEBSITE	firstam.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	21153

First American Financial Corp Frequently Asked Questions

What is the ticker symbol for First American Financial Corp? What does FAF stand for in stocks?

FAF is the stock ticker symbol of First American Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First American Financial Corp (FAF)?

As of Tue Apr 23 2024, market cap of First American Financial Corp is 6 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FAF stock?

You can check FAF's fair value in chart for subscribers.

What is the fair value of FAF stock?

You can check FAF's fair value in chart for subscribers. The fair value of First American Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First American Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FAF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First American Financial Corp a good stock to buy?

The fair value guage provides a quick view whether FAF is over valued or under valued. Whether First American Financial Corp is cheap or expensive depends on the assumptions which impact First American Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FAF.

What is First American Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, FAF's PE ratio (Price to Earnings) is 27.8 and Price to Sales (PS) ratio is 1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FAF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First American Financial Corp's stock?

In the past 10 years, First American Financial Corp has provided 0.108 (multiply by 100 for percentage) rate of return.