Alert: Negative Investment/Fundamental Signals (5/29/24)-First American Financial Corp (NYSE: FAF)

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Important negative changes in First American Financial Corp (NYSE: FAF) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

First American Financial Corp (NYSE: FAF). Important negative changes in investment behavior have recently occurred: its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, FAF is expected to be a modest Value Builder.

First American Financial has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. First American Financial has a neutral Appreciation Score of 55 and a slightly negative Power Rating of 33, producing the Low Neutral Value Trend Rating.

Recent Price Action

On 5/29/24, First American Financial Corp (NYSE: FAF) stock declined slightly by -0.8%, closing at $54.06. However, trading volume in this decline was below average at 81% of normal. Relative to the market the stock has been weak over the last nine months and has declined -6.7% during the last week.

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