Zacks Research Has Positive Forecast for FAF Q2 Earnings

First American Financial Corporation (NYSE:FAF) – Equities research analysts at Zacks Research boosted their Q2 2027 EPS estimates for shares of First American Financial in a research report issued to clients and investors on Wednesday, August 12th. Zacks Research analyst Team now expects that the insurance provider will post earnings of $2.04 per share for the quarter, up from their prior estimate of $2.03. Zacks Research has a “Hold” rating on the stock. The consensus estimate for First American Financial’s current full-year earnings is $7.02 per share. Zacks Research also issued estimates for First American Financial’s Q4 2027 earnings at $2.06 EPS, Q1 2028 earnings at $1.16 EPS and Q2 2028 earnings at $2.08 EPS.

First American Financial (NYSE:FAF) last posted its earnings results on Wednesday, July 22nd. The insurance provider reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.28. The firm had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.03 billion. First American Financial had a return on equity of 13.31% and a net margin of 9.33%.The business’s quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.53 earnings per share.

Other research analysts also recently issued research reports about the company. Weiss Ratings restated a “buy (b)” rating on shares of First American Financial in a research note on Monday, July 20th. Benchmark assumed coverage on First American Financial in a research report on Tuesday, July 21st. They set a “buy” rating and a $85.00 price target on the stock. Truist Financial increased their price target on shares of First American Financial from $82.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Barclays raised their price objective on shares of First American Financial from $80.00 to $83.00 and gave the company an “overweight” rating in a research report on Tuesday, July 7th. Finally, Stephens reaffirmed an “overweight” rating and set a $84.00 price objective on shares of First American Financial in a research note on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, First American Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.60.

First American Financial Stock Performance

NYSE:FAF opened at $72.36 on Thursday. The business’s fifty day moving average is $70.48 and its 200 day moving average is $67.26. The firm has a market cap of $7.39 billion, a price-to-earnings ratio of 10.02, a PEG ratio of 0.67 and a beta of 1.22. First American Financial has a 52-week low of $56.20 and a 52-week high of $79.87.

Institutional Trading of First American Financial

Large investors have recently modified their holdings of the business. Duncker Streett & Co. Inc. increased its position in shares of First American Financial by 616.4% in the first quarter. Duncker Streett & Co. Inc. now owns 437 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 376 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in First American Financial during the fourth quarter valued at approximately $27,000. Global Retirement Partners LLC lifted its position in First American Financial by 1,107.5% during the fourth quarter. Global Retirement Partners LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after purchasing an additional 443 shares during the last quarter. Danske Bank A S purchased a new position in First American Financial in the 3rd quarter worth approximately $45,000. Finally, IFP Advisors Inc grew its stake in First American Financial by 568.8% in the 4th quarter. IFP Advisors Inc now owns 749 shares of the insurance provider’s stock worth $46,000 after buying an additional 637 shares in the last quarter. Institutional investors own 89.05% of the company’s stock.

Insider Transactions at First American Financial

In related news, CAO Steven A. Adams sold 3,253 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $74.99, for a total transaction of $243,942.47. Following the completion of the transaction, the chief accounting officer directly owned 10,234 shares in the company, valued at $767,447.66. The trade was a 24.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.50% of the company’s stock.

About First American Financial

First American Financial Corporation is a leading provider of title insurance, settlement services and diversified real estate-related data and analytics. Headquartered in Santa Ana, California, the company serves customers throughout the United States as well as in Canada, Europe, Latin America and Asia. Its business is built on the underwriting capabilities of its title insurance operations combined with comprehensive closing and escrow services for homebuyers, sellers, mortgage lenders and real estate professionals.

The company’s title insurance segment issues policies that protect property owners and mortgage lenders against defects in titles, liens or encumbrances that can arise during real property transactions.