Finance of America Companies Inc. (FOA)
Market Cap | 193.12M |
Revenue (ttm) | 719.53M |
Net Income (ttm) | 135.94M |
Shares Out | 9.93M |
EPS (ttm) | 10.89 |
PE Ratio | 1.79 |
Forward PE | 8.69 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 36,415 |
Open | 19.22 |
Previous Close | 18.96 |
Day's Range | 18.55 - 19.51 |
52-Week Range | 4.10 - 27.89 |
Beta | 1.23 |
Analysts | Hold |
Price Target | 24.00 (+23.36%) |
Earnings Date | Nov 6, 2024 |
About FOA
Finance of America Companies Inc. a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners. The Portfolio Management segment provides product development, loan securitization, loan sales, risk manageme... [Read more]
Financial Performance
In 2023, FOA's revenue was $234.25 million, an increase of 343.97% compared to the previous year's $52.76 million. Losses were -$80.09 million, -58.00% less than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for FOA stock is "Hold" and the 12-month stock price forecast is $24.0.
News
Finance of America Companies Inc. (FOA) Q3 2024 Earnings Call Transcript
Finance of America Companies Inc. (FOA) Q3 2024 Earnings Call Transcript
Finance of America Reports Third Quarter 2024 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retiremen...
Finance of America Announces a Nearly 98% Participation Rate in the Exchange Offer and Consent Solicitation for Existing 2025 Unsecured Notes
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retiremen...
Finance of America Announces Third Quarter 2024 Earnings Release and Conference Call on November 6, 2024
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retiremen...
Finance of America Announces Exchange Offer and Consent Solicitation for Existing 2025 Unsecured Notes
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retiremen...
Finance of America Companies Inc. (FOA) Q2 2024 Earnings Call Transcript
Finance of America Companies Inc. (NYSE:FOA) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Michael Fant - SVP, Finance Graham Fleming – CEO Kristen Sieffert – Presid...
Finance of America Reports Second Quarter 2024 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retiremen...
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Finance of America Announces Second Quarter 2024 Earnings Release and Conference Call on August 6, 2024
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retiremen...
Finance of America Announces Expected Effective Date of July 25, 2024 for Reverse Stock Split
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retiremen...
NYSE to Commence Delisting Proceedings with Respect to the Warrants of Finance of America Companies Inc. (FOA.WS)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants — ticker...
Finance of America Announces Exchange Offer Support Agreement with Unsecured Corporate Noteholders
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retiremen...
Finance of America Companies Inc. (FOA) Q1 2024 Earnings Call Transcript
Finance of America Companies Inc. (NYSE:FOA) Q1 2024 Results Conference Call May 6, 2024 5:00 PM ET Company Participants Michael Fant - SVP, Finance Graham Fleming - CEO Kristen Sieffert - President ...
Finance of America Reports First Quarter 2024 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a modern retirement solutions platform, reported financial results for the quarter...
Finance of America Unifies FAR, AAG Under Single Brand
TULSA, Okla.--(BUSINESS WIRE)--Finance of America Reverse LLC (“Finance of America” or the “Company”), a leading provider of home equity-based financing solutions for a modern retirement, today announ...
Finance of America Announces First Quarter 2024 Earnings Release and Conference Call on May 6, 2024
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a modern retirement solutions platform, today announced that it will release resul...
Finance of America Companies Inc. (FOA) Q4 2023 Earnings Call Transcript
Finance of America Companies Inc. (NYSE:FOA) Q4 2023 Earnings Conference Call March 6, 2024 5:00 PM ET Company Participants Michael Fant - Senior Vice President of Finance Graham Fleming - Chief Exec...
Finance of America Reports Fourth Quarter and Full Year 2023 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a modern retirement solutions platform, reported financial results for the quarter...
Finance of America Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call on March 6, 2024
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a modern retirement solutions platform, today announced that it will release resul...
Finance of America Receives Continued Listing Standard Notice from the NYSE
PLANO, Texas--(BUSINESS WIRE)--The New York Stock Exchange (the “NYSE”) requires that companies with shares listed on the NYSE comply with the NYSE's continued listed standards. The NYSE's continued l...
Finance of America Companies Inc. (FOA) Q3 2023 Earnings Call Transcript
Finance of America Companies Inc. (NYSE:FOA) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Michael Fant - SVP, Finance Graham Fleming - Chief Executive Officer and...
Finance of America Reports Third Quarter 2023 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a modern retirement solutions platform, reported financial results for the quarter...
Finance of America Announces Third Quarter Earnings Release and Conference Call on November 7, 2023
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a modern retirement solutions platform, today announced that it will release financial results for ...
Finance of America Expands Reach of Second Lien Reverse Mortgage to Allow More Homeowners 55 and Older to Access Home Equity
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a modern retirement solutions platform, announced today the expanded launch of its HomeSafe Second ...
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