Finance Of America Companies Inc. (FOA)

NYSE: FOA · IEX Real-Time Price · USD
1.51
+0.02 (1.34%)
Jun 2, 2023, 4:00 PM EDT - Market closed
1.34%
Market Cap 131.96M
Revenue (ttm) 446.66M
Net Income (ttm) -179.14M
Shares Out 87.39M
EPS (ttm) -2.89
PE Ratio n/a
Forward PE 3.51
Dividend n/a
Ex-Dividend Date n/a
Volume 175,672
Open 1.48
Previous Close 1.49
Day's Range 1.45 - 1.56
52-Week Range 1.19 - 2.37
Beta 0.73
Analysts Buy
Price Target 2.28 (+50.99%)
Earnings Date May 8, 2023

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
Sector Financials
Founded 2013
Employees 2,312
Stock Exchange NYSE
Ticker Symbol FOA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for FOA stock is "Buy." The 12-month stock price forecast is $2.28, which is an increase of 50.99% from the latest price.

Price Target
$2.28
(50.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Finance of America Reports First 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 quarte...

3 weeks ago - Business Wire

Finance of America Establishes New Reporting Segments

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”) today announced changes to its financial reporting segments, effective for the quarter ended March...

1 month ago - Business Wire

Finance of America Announces First Quarter Earnings Release and Conference Call on May 8, 2023

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a leading specialty finance solutions platform, today announced that it will release results for th...

1 month ago - Business Wire
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Finance of America Marks New Chapter in its Strategic Vision to Create Modern Retirement Solutions Centered on the Home

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”) today announced a new chapter in the Company's strategy to create a retirement solutions platform ...

2 months ago - Business Wire

Roc360 Expands its Leading Portfolio of Brands with Acquisition of Finance of America Commercial Through Asset Sale

NEW YORK , March 14, 2023 /PRNewswire/ -- Roc Capital Holdings LLC ("Roc360"), a vertically integrated platform for residential real estate investors and a leading originator of business purpose loans...

2 months ago - PRNewsWire

Finance of America Reports Fourth Quarter and Full Year 2022 Results

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc., (“Finance of America” or the “Company”) (NYSE: FOA), a leading specialty finance and solutions platform, reported financial results fo...

2 months ago - Business Wire

Finance of America Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call on March 13, 2023

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a leading specialty finance solutions platform, today announced that it will release results for th...

3 months ago - Business Wire

Finance of America Issues Statement on the Proposed Sale of Commercial Lending Business

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from FOA...

3 months ago - Business Wire
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Finance of America Issues Statement on the Proposed Sale of Incenter's Title Insurance Business

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from F...

Other symbols: ESNT
4 months ago - Business Wire

Essent Enters into Agreement to Acquire Title Insurance Operations

HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. (NYSE: ESNT) announced today that it has entered into an agreement through its subsidiary Essent US Holdings, Inc. to acquire Agents National Ti...

Other symbols: ESNT
4 months ago - Business Wire

FAR Launches HomeSafe Second: The Only Second-Lien Reverse Mortgage Product Empowering Older Americans to Tap Home Equity Without Making Monthly Payments

SAN DIEGO--(BUSINESS WIRE)--Millions of older Americans have, in recent years, secured or refinanced their mortgages into record-low interest rates compared to today's higher rates. Many of these ho...

4 months ago - Business Wire

Finance of America to Acquire Assets of Reverse Mortgage Lender AAG

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a leading specialty finance and solutions platform, today announced it will acquire assets of A...

6 months ago - Business Wire

Finance of America Reports Third Quarter 2022 Results

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

7 months ago - Business Wire
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Finance of America Announces Third Quarter 2022 Earnings Release and Conference Call on November 9, 2022

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a leading specialty finance solutions platform, today announced that it will release results for th...

7 months ago - Business Wire

Finance of America Sharpens Focus on Specialty Finance and Services Business, Plans to Discontinue Forward Mortgage Originations

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (the “Company” or “FOA”), a leading specialty finance solutions platform, today announced its decision to discontinue the o...

8 months ago - Business Wire

Finance of America Reverse and Morningstar Collaborate to Educate Financial Advisors about Reverse Mortgages

SAN DIEGO--(BUSINESS WIRE)--Finance of America Reverse (FAR), a leading retirement mortgage solutions innovator, today announced an agreement with Morningstar, Inc., a leading provider of independent ...

8 months ago - Business Wire

Majority of Retirees and Pre-Retirees Lack Sufficient Savings to Retire by Age 65, According to New Research from The Stanford Center on Longevity and FAR

SAN DIEGO--(BUSINESS WIRE)--Retirement solutions leader Finance of America Reverse (FAR) today announced the release of “Disconnected: Perceptions vs. Reality in Retirement Planning,” a new study from...

8 months ago - Business Wire

Finance of America Reports Second Quarter 2022 Results

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

10 months ago - Business Wire

Older Homeowners Least Likely Cohort to Consider Tapping into Home Equity Despite Record Property Values, According to New Research from FAR

SAN DIEGO--(BUSINESS WIRE)--Finance of America Reverse LLC (FAR), a leading retirement solutions innovator and part of Finance of America Companies (NYSE: FOA), today announced the publication of its ...

11 months ago - Business Wire

Finance of America Announces Second Quarter 2022 Earnings Release and Conference Call on August 4, 2022

PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a customer focused, consumer and specialty lending business, today announced that it will release r...

11 months ago - Business Wire

Finance of America Reverse Earns Second Consecutive ‘Great Place to Work' Certification™

SAN DIEGO--(BUSINESS WIRE)--Finance of America Reverse (FAR), a leading retirement solutions innovator, is proud to announce that it has been Certified™ by Great Place to Work® for the second year in ...

1 year ago - Business Wire

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 t...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 resul...

1 year ago - Business Wire

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 resul...

1 year ago - Business Wire