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First American Financial Corporation (FAF)

Stock Price: $48.61 USD 1.86 (3.98%)
Updated Oct 23, 2020 3:13 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 5.42B
Revenue (ttm) 6.66B
Net Income (ttm) 640.14M
Shares Out 111.52M
EPS (ttm) 5.67
PE Ratio 8.57
Forward PE 17.15
Dividend $1.76
Dividend Yield 3.62%

Stock Quote

Trading Day Oct 23, 2020
Last Price $48.61
Previous Close $46.75
Change ($) 1.86
Change (%) 3.98%
Day's Open 46.87
Day's Range 46.41 - 48.86
Day's Volume 1,618,710
52-Week Range 29.36 - 66.78

More Stats

Market Cap 5.42B
Enterprise Value 5.75B
Earnings Date (est) Feb 11, 2021
Ex-Dividend Date Sep 4, 2020
Shares Outstanding 111.52M
Float 108.14M
EPS (basic) 5.68
EPS (diluted) 5.67
FCF / Share 7.79
Dividend $1.76
Dividend Yield 3.62%
Earnings Yield 11.66%
FCF Yield 16.17%
Payout Ratio 30.60%
Shares Short 1.45M
Short Ratio 1.76
Short % of Float 1.34%
Beta 1.07
PE Ratio 8.57
Forward PE 17.15
P/FCF Ratio 6.18
PS Ratio 0.81
PB Ratio 1.30
Revenue 6.66B
Operating Income 882.77M
Net Income 640.14M
Free Cash Flow 876.52M
Net Cash -327.46M
Net Cash / Share -2.94
Gross Margin 60.45%
Operating Margin 13.25%
Profit Margin 9.60%
FCF Margin 13.15%
ROA 4.64%
ROE 14.97%
ROIC 8.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 4
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$63.00*
(29.60% upside)
Low
62.0
Current: $48.61
High
66.0
Target: 63.00
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue6,2025,7485,7725,5765,1754,6784,9564,5423,8213,908
Revenue Growth7.9%-0.42%3.52%7.74%10.64%-5.61%9.12%18.88%-2.25%-
Gross Profit5,7565,2955,3225,0874,6844,2284,4264,1443,4003,587
Operating Income953651481510462370326476142229
Net Income70747442334328823418630178.28128
Shares Outstanding113113112111108107107106105104
Earnings Per Share6.224.193.763.092.622.151.712.770.731.20
EPS Growth48.45%11.44%21.68%17.94%21.86%25.73%-38.27%279.45%-39.17%-
Dividend Per Share1.681.601.441.201.000.840.480.360.240.18
Dividend Growth5%11.11%20%20%19.05%75%33.33%50%33.33%-
Operating Cash Flow913793632489551361378430137157
Capital Expenditures-106-116-124-123-107-85.16-81.34-76.13-60.45-79.89
Free Cash Flow80767850836644527529735476.2277.11
Cash & Equivalents1,4861,4671,3871,0061,0271,190835671418729
Total Debt1,329808733737581587310230300294
Net Cash / Debt157659654269446603525441118435
Assets11,51910,6319,5738,8328,2377,6666,5596,0515,3625,822
Liabilities7,0946,8856,0905,8175,4845,0904,1033,6993,3273,828
Book Value4,4203,7423,4803,0082,7502,5732,4532,3482,0291,980
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name First American Financial Corporation
Country United States
Employees 18,412
CEO Dennis J. Gilmore

Stock Information

Ticker Symbol FAF
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Insurance—Specialty
Unique Identifier NYSE: FAF

Description

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 and services involving the use of real property related data to mitigate risk or facilitates 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, and title evidence 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 records and images. 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, South Korea, and internationally. The Specialty Insurance segment provides property and casualty insurance comprising coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism, and other types of property damage. It also offers residential service contracts that cover residential systems, such as heating and air conditioning systems, and appliances against failures that occur as the result of normal usage during the coverage period; and auto insurance products. This segment markets its property and casualty insurance products through direct distribution channels, including marketing through its existing closing-service activities, as well as through a network of independent brokers in 36 states. First American Financial Corporation was founded in 1889 and is headquartered in Santa Ana, California.