First AmericanFAF
Market Cap: $6.87B
About: First American Financial Corp is a financial services business providing insurance through two segments: title insurance and related services and Home warranty. Title insurance and related services include real estate insurance, property closing services, third-party handling of real estate funds (escrow), risk mitigation, real estate data products, and related real estate transaction services. The home warranty segment provides residential service contracts that cover residential systems, such as heating and air conditioning systems, and certain appliances against failures that occur as the result of normal usage during the coverage period. Nearly all the company's revenue comes from the title insurance and related services segment in the United States.
Employees: 19,210
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]
4.3% more ownership
Funds ownership: 82.14% [Q1] → 86.44% (+4.3%) [Q2]
4% less funds holding
Funds holding: 401 [Q1] → 384 (-17) [Q2]
12% less capital invested
Capital invested by funds: $5.49B [Q1] → $4.84B (-$657M) [Q2]
15% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 155
29% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 58
40% less call options, than puts
Call options by funds: $1.03M | Put options by funds: $1.72M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Keefe, Bruyette & Woods Bose George 89% 1-year accuracy 31 / 35 met price target | 8%upside $72 | Outperform Maintained | 4 Sept 2024 |
Keefe, Bruyette & Woods Bose George 89% 1-year accuracy 31 / 35 met price target | 1%downside $66 | Outperform Maintained | 29 Jul 2024 |
Truist Securities Mark Hughes 77% 1-year accuracy 47 / 61 met price target | 2%upside $68 | Buy Maintained | 26 Jul 2024 |
Stephens & Co. John Campbell 81% 1-year accuracy 26 / 32 met price target | 1%downside $66 | Overweight Reiterated | 25 Jul 2024 |
Barclays Terry Ma 38% 1-year accuracy 5 / 13 met price target | 9%downside $61 | Equal-Weight Maintained | 9 Jul 2024 |
Financial journalist opinion
Based on 15 articles about FAF published over the past 30 days