For its third fiscal quarter (ending September 30), First American Financial Corp (NYSE: FAF) has reported E.P.S. of $-1.00 compared to $-0.02 a year ago. For the latest four quarters through September 30, E.P.S. were $0.89 compared to $2.27 a year ago.
Recent Price Action
On 10/23/24, First American Financial Corp (NYSE: FAF) stock declined slightly by -0.6%, closing at $63.80. Trading volume in this decline was normal. The stock has been strong relative to the market over the last nine months but has declined -4.2% during the last week.
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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First American Financial has a neutral Appreciation Score of 50 but a good Power Rating of 82, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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