Finance of America Companies Inc. (FOA)

NYSE: FOA · Real-Time Price · USD
19.46
+0.50 (2.61%)
Dec 3, 2024, 11:38 AM EST - Market open
2.61%
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]

Industry Credit Services
Sector Financials
Founded 2013
Employees 936
Stock Exchange NYSE
Ticker Symbol FOA
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for FOA stock is "Hold" and the 12-month stock price forecast is $24.0.

Price Target
$24.0
(23.36% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Finance of America Companies Inc. (FOA) Q3 2024 Earnings Call Transcript

Finance of America Companies Inc. (FOA) Q3 2024 Earnings Call Transcript

25 days ago - Seeking Alpha

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...

26 days ago - Business Wire

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...

5 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

Top 3 Financials Stocks Which Could Rescue Your Portfolio For July

The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies. `

Other symbols: FAASJFIN
4 months ago - Benzinga

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

7 months ago - Seeking Alpha

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Seeking Alpha

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

Top 5 Financial Stocks You'll Regret Missing This Quarter

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: AMTDGDOT
1 year ago - Benzinga