Finance of America Companies, Inc. (FOA)

NYSE: FOA · IEX Real-Time Price · USD
1.61
-0.01 (-0.62%)
Jun 29, 2022 4:00 PM EDT - Market closed
-0.62%
Market Cap 100.34M
Revenue (ttm) 1.50B
Net Income (ttm) -380.29M
Shares Out 62.32M
EPS (ttm) -23.36
PE Ratio n/a
Forward PE 2.24
Dividend n/a
Ex-Dividend Date n/a
Volume 322,918
Open 1.60
Previous Close 1.62
Day's Range 1.55 - 1.64
52-Week Range 1.55 - 7.82
Beta 0.42
Analysts Buy
Price Target 4.34 (+169.6%)
Earnings Date Aug 10, 2022

About FOA

Finance of America Companies Inc. operates a consumer lending platform in the United States. The company operates through: Mortgage Originations, Reverse Originations, Commercial Originations, Lender Services, and Portfolio Management segments. It provides residential mortgage loans to the government sponsored entities; government-insured agricultural lending solutions to farmers; product development, loan securitization, loan sales, risk management, asset management, and servicing oversight services to enterprise and third-party funds; and anc... [Read more...]

Industry Credit Services
Founded 2013
Employees 6,632
Stock Exchange NYSE
Ticker Symbol FOA
Full Company Profile

Financial Performance

In 2020, FOA's revenue was $1.80 billion, an increase of 101.92% compared to the previous year's $891.53 million. Earnings were $518.39 million, an increase of 852.71%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for FOA stock is "Buy." The 12-month stock price forecast is 4.34, which is an increase of 169.57% from the latest price.

Price Target
$4.34
(169.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Finance of America Companies Chief Executive Officer Patricia L. Cook to Retire on June 30

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (the “Company”), a high growth consumer lending and services platform, today announced that Patricia L. Cook has informed the...

Finance of America Reports First Quarter 2022 Results

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a high growth, consumer and specialty lending business, reported financial results f...

Finance of America Announces First Quarter 2022 Earnings Release and Conference Call on May 9, 2022

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a high growth, consumer and specialty lending business, today announced that it will release results...

Finance of America Reports Fourth Quarter and Full Year 2021 Results

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc., (“Finance of America” or the “Company”) (NYSE: FOA), a high growth, consumer and specialty lending business, reported financial results...

Finance of America Names Jason Rudman as Chief Customer Officer

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA), a high-growth consumer lending and services platform, today announced that Jason Rudman has joined the Company as Chief Cus...

Finance of America Companies CEO Patricia Cook to Retire

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (the “Company”), a high growth consumer lending and services platform, today announced that Chief Executive Officer Patricia...

Finance of America Announces Fourth Quarter and Full Year Earnings Release on March 2, 2022 and Conference Call on Ma...

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a high growth, consumer and specialty lending business, today announced that it will release results...

HouseCanary and Finance of America Mortgage to Host Webinar Previewing 2022 Purchase Market

SAN FRANCISCO & CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--HouseCanary, Inc. (“HouseCanary”), a national brokerage known for its real estate valuation accuracy, and Finance of America Mortgage LLC (“FAM”), one...

Groundbreaking New Study Demonstrates Reverse Mortgages Can Reduce Risk and Increase Wealth for Retirees

SAN DIEGO--(BUSINESS WIRE)--Finance of America Reverse (FAR), a retirement solutions company, announced that a new study published today in the Journal of Financial Planning reveals that reverse mortgag...

Finance of America Reverse Has New Look, Brand Assets to Reflect Its Modern Identity & Impactful Relationships with C...

SAN DIEGO--(BUSINESS WIRE)--Finance of America Reverse revealed today the launch of a new website, FAR.com, and a transformative brand refresh that will help the company enhance how it engages with a wi...

Finance of America Reports Third Quarter 2021 Results

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc., (“Finance of America” or the “Company”) (NYSE: FOA), a high growth, consumer and specialty lending business, reported financial results...

Finance of America Announces Third Quarter 2021 Earnings Release on November 8, 2021 and Conference Call on November ...

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a diversified, vertically integrated consumer lending platform, today announced that it will release...

Finance of America Mortgage Increases Conforming Loan Limits to Help Borrowers Overcome Rising Home Prices

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Finance of America Mortgage LLC (“FAM”), one of the nation's largest home mortgage lenders, today announced an interim increase in estimated 2022 conforming loan amou...

Finance of America to Present at the Barclays Global Financial Services Conference

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a diversified, vertically integrated consumer lending platform, today announced that Patricia Cook, ...

Finance of America Reports Second Quarter 2021 Results

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc., (“Finance of America” or the “Company”) (NYSE: FOA), a diversified, vertically integrated consumer lending platform, reported financial...

Finance of America Announces Second Quarter 2021 Earnings Release on August 11, 2021 and Conference Call on August 12...

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a diversified, vertically integrated consumer lending platform, today announced that it will release...

Why Finance Of America Shares Are Surging Higher Today

Mortgage, student loan and financial services company Finance of America (NYSE:FOA) is trading higher Tuesday on news of an analyst upgrade and an index inclusion. What Happened: Raymond James analyst S...

Why Shares of Finance of America Companies Are Rising Today

An analyst recently upgraded the stock, which will also soon join the Russell 3000 Index.

Finance of America Reports First Quarter 2021 Results

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies, (“Finance of America”) (NYSE:FOA), reported first quarter results for the period ended March 31, 2021. Finance of America is a diversified, ...

Finance of America Expands Suite of Lending Solutions With Launch of ‘Finance of America Home Improvement'

HORSHAM, Pa.--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE:FOA), an end-to-end lending and services platform, today announced the launch of Finance of...

Finance of America Announces First Quarter 2021 Earnings Webcast and Conference Call on May 13, 2021

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a diversified, vertically integrated consumer lending platform, today announced that it will release...

Finance of America Companies Bolsters Wholesale Platform With Acquisition of Certain Assets of Parkside Lending

IRVING, Texas and SAN FRANCISCO--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA) an end-to-end lending and services platform, today announced that ...

Finance of America Strengthens Leadership Team

IRVING, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“Finance of America” or “the Company”), an end-to-end lending and services platform, today announced the appointment of Joh...

Finance of America Companies to Become Publicly Traded Following Completed Transaction with Replay Acquisition Corp.

IRVING, Texas--(BUSINESS WIRE)--Finance of America Equity Capital LLC (“Finance of America” or the “Company”), an end-to-end lending and services platform, and Replay Acquisition Corp. (NYSE: RPLA) (“Re...

Finance of America Companies CEO Patricia Cook Appears on CNBC's “Mad Money With Jim Cramer”

IRVING, Texas--(BUSINESS WIRE)--Finance of America Equity Capital LLC (“Finance of America” or the “Company”), an end-to-end lending and services platform, today announced that its CEO, Patricia Cook, a...