First American Financial Corporation (FAF)

NYSE: FAF · IEX Real-Time Price · USD
61.05
+1.22 (2.04%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

FAF has a market cap or net worth of $6.17 billion. The enterprise value is $4.76 billion.

Market Cap 6.17B
Enterprise Value 4.76B

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Mar 7, 2024

Share Statistics

FAF has 103.10 million shares outstanding. The number of shares has decreased by -2.52% in one year.

Shares Outstanding 103.10M
Shares Change (YoY) -2.52%
Shares Change (QoQ) +0.10%
Owned by Insiders (%) 3.55%
Owned by Institutions (%) 90.13%
Float 92.32M

Valuation Ratios

The trailing PE ratio is 29.49 and the forward PE ratio is 14.11. FAF's PEG ratio is 2.04.

PE Ratio 29.49
Forward PE 14.11
PS Ratio 1.03
Forward PS 0.94
PB Ratio 1.27
P/FCF Ratio 67.79
PEG Ratio 2.04
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.97, with an EV/FCF ratio of 52.27.

EV / Earnings 21.94
EV / Sales 0.79
EV / EBITDA 7.97
EV / EBIT 11.65
EV / FCF 52.27

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.45
Debt / EBITDA 3.68
Debt / FCF 24.11
Interest Coverage 3.08

Financial Efficiency

Return on equity (ROE) is 4.60% and return on invested capital (ROIC) is 4.54%.

Return on Equity (ROE) 4.60%
Return on Assets (ROA) 1.40%
Return on Capital (ROIC) 4.54%
Revenue Per Employee $312,520
Profits Per Employee $11,286
Employee Count 19,210
Asset Turnover 0.38
Inventory Turnover n/a

Taxes

In the past 12 months, FAF has paid $58.90 million in taxes.

Income Tax 58.90M
Effective Tax Rate 21.36%

Stock Price Statistics

The stock price has increased by +12.83% in the last 52 weeks. The beta is 1.29, so FAF's price volatility has been higher than the market average.

Beta (1Y) 1.29
52-Week Price Change +12.83%
50-Day Moving Average 58.51
200-Day Moving Average 58.56
Relative Strength Index (RSI) 64.40
Average Volume (30 Days) 705,326

Short Selling Information

The latest short interest is 1.77 million, so 1.72% of the outstanding shares have been sold short.

Short Interest 1.77M
Short Previous Month 1.34M
Short % of Shares Out 1.72%
Short % of Float 1.92%
Short Ratio (days to cover) 2.23

Income Statement

In the last 12 months, FAF had revenue of $6.00 billion and earned $216.80 million in profits. Earnings per share was $2.07.

Revenue 6.00B
Gross Profit 1.73B
Operating Income 406.90M
Pretax Income 275.70M
Net Income 216.80M
EBITDA 596.70M
EBIT 408.20M
Earnings Per Share (EPS) $2.07
Full Income Statement

Balance Sheet

The company has $3.61 billion in cash and $2.19 billion in debt, giving a net cash position of $1.41 billion or $13.69 per share.

Cash & Cash Equivalents 3.61B
Total Debt 2.19B
Net Cash 1.41B
Net Cash Per Share $13.69
Equity / Book Value 4.85B
Book Value Per Share 47.02
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $354.30 million and capital expenditures -$263.30 million, giving a free cash flow of $91.00 million.

Operating Cash Flow 354.30M
Capital Expenditures -263.30M
Free Cash Flow 91.00M
FCF Per Share $0.87
Full Cash Flow Statement

Margins

Gross margin is 28.75%, with operating and profit margins of 6.78% and 3.61%.

Gross Margin 28.75%
Operating Margin 6.78%
Pretax Margin 4.59%
Profit Margin 3.61%
EBITDA Margin 9.94%
EBIT Margin 6.80%
FCF Margin 1.52%

Dividends & Yields

This stock pays an annual dividend of $2.12, which amounts to a dividend yield of 3.47%.

Dividend Per Share $2.12
Dividend Yield 3.47%
Dividend Growth (YoY) 1.93%
Years of Dividend Growth 14
Payout Ratio 102.42%
Buyback Yield 2.52%
Shareholder Yield 5.99%
Earnings Yield 3.51%
FCF Yield 1.48%
Dividend Details

Analyst Forecast

The average price target for FAF is $63.60, which is 4.18% higher than the current price. The consensus rating is "Buy".

Price Target $63.60
Price Target Difference 4.18%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6