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Focus Financial Partners Inc Stock Research

FOCS

Delayed
Watchlist

FOCS Stock Price

FOCS RSI Chart

FOCS Valuation

FOCS Profitability

EBT Margin

4.53%

Return on Equity

5.98%

Return on Assets

1.23%

FOCS Fundamentals

FOCS Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

8.27%

Revenue Q/Q

4.72%

FOCS Earnings

Earnings (TTM)

61.1M

Earnings Y/Y

-2.74%

Earnings Q/Q

5.2K%

Price Action

Last 7 days

0.9%

Last 30 days

1.3%

Last 90 days

1.8%

Trailing 12 Months

33.2%

FOCS Financial Health

FOCS Investor Care

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for FOCS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-31
Shanahan James
back to issuer
-48,095,800
53.00
-907,468
chief financial officer
2023-08-31
LeMieux George
acquired
-
-
9,611
-
2023-08-31
Morganroth Greg S.
back to issuer
-1,076,480
53.00
-20,311
-
2023-08-31
McGranahan John Russell
acquired
-
-
413,124
general counsel
2023-08-31
Adolf Ruediger
acquired
-
-
584,552
ceo and chairman
2023-08-31
LeMieux George
back to issuer
-509,383
53.00
-9,611
-
2023-08-31
Neuhoff Elizabeth R.
back to issuer
-509,383
53.00
-9,611
-
2023-08-31
Neuhoff Elizabeth R.
acquired
-
-
9,611
-
2023-08-31
Shanahan James
back to issuer
-2,452,260
53.00
-46,269
chief financial officer
2023-08-31
Chang Leonard R.
back to issuer
-50,225,100
53.00
-947,643
sr. managing dir/head of m&a

1–10 of 50

Which funds bought or sold FOCS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-08-24
Alberta Investment Management Corp
added
25.00
1,101,400
5,251,000
0.05%
2023-08-21
VESTOR CAPITAL, LLC
unchanged
-
12,000
998,000
0.10%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-43.04
-20,381
27,715
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.55
-51,470
3,769,430
-%
2023-08-16
Nuveen Asset Management, LLC
added
0.78
168,536
8,497,540
-%
2023-08-15
ALLIANCEBERNSTEIN L.P.
added
99.13
10,366,700
20,571,200
0.01%
2023-08-15
Crestwood Advisors Group LLC
reduced
-0.47
8,427
1,117,040
0.04%
2023-08-15
WELLS FARGO & COMPANY/MN
added
104
714,517
1,382,450
-%
2023-08-15
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
20,359
4,095,000
4,115,000
0.02%
2023-08-15
COLONY GROUP LLC
sold off
-100
-233,000
-
-%

1–10 of 46

Latest Funds Activity

Are funds buying FOCS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FOCS
No. of Funds

Schedule 13G FIlings of Focus Financial Partners

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Aug 31, 2023
trident ffp lp
0%
0
SC 13D/A
May 05, 2023
jpmorgan chase & co
2.2%
1,488,512
SC 13G/A
Apr 07, 2023
wasatch advisors lp
-
0
SC 13G/A
Feb 28, 2023
trident ffp lp
11.1%
8,250,165
SC 13D/A
Feb 13, 2023
capital world investors
8.3%
5,451,302
SC 13G/A
Feb 09, 2023
vanguard group inc
7.72%
5,085,477
SC 13G/A
Feb 08, 2023
wasatch advisors inc
-
0
SC 13G/A
Feb 02, 2023
trident ffp lp
11.1%
8,250,165
SC 13D/A
Feb 01, 2023
blackrock inc.
5.7%
3,775,028
SC 13G/A
Jan 20, 2023
jpmorgan chase & co
7.8%
5,157,414
SC 13G/A

Recent SEC filings of Focus Financial Partners

View All Filings
Date Filed Form Type Document
Sep 11, 2023
15-12G
15-12G
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading

Focus Financial Partners News

MarketBeat
Focus Financial Partners Inc. (NASDAQ:FOCS) Shares Sold by ....
MarketBeat,
8 days ago
Digital Journal

Returns for FOCS

Cumulative Returns on FOCS

4.7%


5-Year Cumulative Returns

14.6%


3-Year Cumulative Returns

Risks for FOCS

What is the probability of a big loss on FOCS?

79.6%


Probability that Focus Financial Partners stock will be more than 20% underwater in next one year

70.4%


Probability that Focus Financial Partners stock will be more than 30% underwater in next one year.

61.1%


Probability that Focus Financial Partners stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FOCS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Focus Financial Partners was unfortunately bought at previous high price.

Drawdowns

Financials for Focus Financial Partners

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.1%2,2092,1642,1432,1202,0541,9401,7981,6541,5311,4181,3611,3221,3071,2951,2181,1261,045975911853798
  S&GA Expenses5.0%421401376362348322298272254238236235236243233219204186170156144
EBITDA-100.0%-22427829724115810074.0071.0075.0012011210811362.0081.0047.0039.0033.002.001.00
EBITDA Margin-100.0%-0.10*0.13*0.14*0.12*0.08*0.06*0.04*0.05*0.05*0.09*0.09*0.08*0.09*0.05*0.07*0.04*0.04*0.04*0.00*0.00*
Interest Expenses22.5%15512610081.0071.0062.0055.0047.0039.0039.0042.0048.0055.0059.0058.0054.0051.0055.0056.0060.0061.00
Earnings Before Taxes-95.7%4.0098.0017821617096.0045.0027.0031.0027.0070.0056.0044.0045.00-4.9818.00-13.37-24.81-31.64-65.44-67.58
EBT Margin-100.0%-0.05*0.08*0.10*0.08*0.05*0.02*0.02*0.02*0.02*0.05*0.04*0.03*0.03*0.00*0.02*-0.01*-0.03*-0.03*-0.08*-0.08*
Net Income-1.5%61.0062.0092.0099.0070.0039.0010.006.007.008.0028.0012.0012.0010.00-12.879.00-2.74-11.19-20.30-39.60-67.28
Net Income Margin-100.0%-0.03*0.04*0.05*0.03*0.02*0.01*0.00*0.00*0.01*0.02*0.01*0.01*0.01*-0.01*0.01*0.00*-0.01*-0.02*-0.05*-0.08*
Free Cashflow-100.0%-26726828927826430329828122319218618315516912610910097.0085.0051.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32017Q4
Assets3.9%5,2215,0264,8674,7854,8114,7064,7094,0883,3873,2143,0632,7292,6612,8492,6542,6452,4212,3961,9381,7411,235
    Cash Equivalents36.8%13710014012922131731164214417066.0043.0035.0023365.0051.0038.0084.0033.0098.0051.00
  Net PPE-0.1%57.0057.0055.0050.0047.0047.0047.0046.0047.0049.0049.0045.0042.0042.0042.0040.0034.0025.0025.0022.0021.00
  Goodwill4.4%2,3112,2132,1682,0932,0501,9281,9251,4291,3161,2541,2561,1261,1211,1121,0901,073989946860693515
Liabilities4.1%3,8503,6993,5633,4983,5623,5233,5923,1872,4872,3372,2041,8911,8302,0221,8501,8311,6051,5841,1251,0921,149
Shareholder's Equity-18.5%1,0811,3271,0541,0591,2491,1831,117901899878859839831827804814816812813649-
  Retained Earnings27.7%14811611711687.0054.0025.0017.0017.0015.0015.0011.009.007.00-13.46-1.46-2.74-3.53-0.59-10.20-92*
  Additional Paid-In Capital0.7%914908918930910866842660650590527537503520498-490459471390100*
Minority Interest0.0%290290249228235241247226230271319298326308320316330357343269-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-8.2%26629028930629127531431129924221120320418219515012410910694.0059.00
  Share Based Compensation0.6%32.0032.0030.0029.0027.0026.0032.0031.0031.0030.0022.0021.0020.0019.0018.0026.0046.0045.0044.0035.0015.00
Cashflow From Investing34.8%-361-554-475-1,076-1,165-990-1,007-601-413-345-372-123-322-406-556-634-501-620-446-333-333
Cashflow From Financing-77.4%11.0049.0017.0025995386393989022339.00162-88.52116374394438383567322285246

FOCS Income Statement

2023-06-30
Unaudited condensed consolidated statements of operations - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUES:    
Total revenues$ 583,805$ 539,211$ 1,141,312$ 1,075,778
OPERATING EXPENSES:    
Compensation and related expenses208,532178,131414,948359,931
Management fees139,035136,802263,629274,641
Selling, general and administrative114,99194,771227,807183,421
Intangible amortization74,62364,649146,409124,925
Non-cash changes in fair value of estimated contingent consideration6,076(42,757)22,564(51,742)
Depreciation and other amortization4,0533,8058,0207,438
Total operating expenses547,310435,4011,083,377898,614
INCOME FROM OPERATIONS36,495103,81057,935177,164
OTHER INCOME (EXPENSE):    
Interest income639171,10320
Interest expense(48,341)(19,892)(92,270)(37,508)
Amortization of debt financing costs(1,115)(949)(2,220)(2,050)
Other expense-net(229)(1,451)(2,954)(1,487)
Income from equity method investments35411529106
Total other expense-net(48,692)(22,264)(95,812)(40,919)
INCOME (LOSS) BEFORE INCOME TAX(12,197)81,546(37,877)136,245
INCOME TAX EXPENSE (BENEFIT)(41,279)32,228(59,982)47,845
NET INCOME29,08249,31822,10588,400
Non-controlling interest3,095(16,235)9,440(26,215)
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS32,17733,08331,54562,185
Wealth management fees    
REVENUES:    
Total revenues555,574517,4211,089,4631,032,600
Other    
REVENUES:    
Total revenues$ 28,231$ 21,790$ 51,849$ 43,178
Class A common stock    
Income (loss) per share of Class A common stock:    
Basic (in dollars per share)$ 0.49$ 0.51$ 0.48$ 0.95
Diluted (in dollars per share)$ (0.10)$ 0.50$ (0.32)$ 0.95
Weighted average shares of Class A common stock outstanding:    
Basic (in shares)65,999,32365,389,64265,969,82765,360,667
Diluted (in shares)85,668,06165,596,37785,144,28065,682,081

FOCS Balance Sheet

2023-06-30
Unaudited condensed consolidated balance sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS  
Cash and cash equivalents$ 137,040$ 139,973
Accounts receivable less allowances of $3,862 at 2022 and $4,349 at 2023236,790217,219
Prepaid expenses and other assets206,983151,356
Fixed assets-net56,79654,748
Operating lease assets269,592258,697
Debt financing costs-net6,8187,590
Deferred tax assets-net238,677230,130
Goodwill2,310,6752,167,917
Other intangible assets-net1,757,7991,639,124
TOTAL ASSETS5,221,1704,866,754
LIABILITIES  
Accounts payable13,60512,213
Accrued expenses97,44380,679
Deferred revenue9,82610,726
Contingent consideration and other liabilities523,568335,033
Deferred tax liabilities46,58729,579
Operating lease liabilities302,861288,895
Borrowings under credit facilities (stated value of $2,563,970 and $2,650,818 at December 31, 2022 and June 30, 2023, respectively)2,600,4372,510,749
Tax receivable agreements obligations215,013224,611
TOTAL LIABILITIES3,850,3393,563,459
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY  
Additional paid-in capital913,612918,044
Retained earnings148,324116,779
Accumulated other comprehensive income18,60618,318
Total shareholders' equity1,081,3271,053,918
Non-controlling interest289,504249,377
Total equity1,370,8311,303,295
TOTAL LIABILITIES AND EQUITY5,221,1704,866,754
Related Party  
LIABILITIES  
Due to affiliates40,99970,974
Class A common stock  
EQUITY  
Common stock660659
Class B common stock  
EQUITY  
Common stock$ 125$ 118
Ruediger Adolf
4400
Focus Financial Partners Inc. provides wealth management services to primarily ultra-high and high net worth individuals, families, and business entities. Its wealth management services include investment advice, financial and tax planning, consulting, tax return preparation, family office services, and other services. The company also offers recordkeeping and administration services; recommends financial products through commissions and distribution fees; and sells investment or insurance products. Focus Financial Partners Inc. was founded in 2006 and is headquartered in New York, New York.