Alert: Positive Investment/Fundamental Signals (11/21/24)-First American Financial Corp (NYSE: FAF)

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Notable positive changes in fundamentals have recently occurred for First American Financial Corp (NYSE: FAF): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Significant positive changes in investment behavior have recently occurred for First American Financial Corp (NYSE: FAF): its shorter term price trend turned up.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

First American Financial has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. First American Financial has a neutral Appreciation Score of 54 but a very high Power Rating of 85, and the Positive Value Trend Rating results.

Recent Price Action

First American Financial Corp (NYSE: FAF) stock rose slightly by 0.02% on 11/21/24. The stock closed at $66.42. However, trading volume in this advance was unusually low at 57% of normal. The stock has been strong relative to the market over the last nine months and has risen 3.5% during the last week.

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