Finance of America CompaniesFOA
Market Cap: $102M
About: Finance of America Companies Inc is a financial services holding company that, through its operating subsidiaries, is a modern retirement solutions platform that provides customers with access to an range of retirement offerings centered on the home. In addition, FoA offers capital markets and portfolio management capabilities to optimize the distribution of its originated loans to investors. It operates through two segments: Retirement Solutions and Portfolio Management. It generates the majority of its revenue from Retirement Solutions.
Employees: 922
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
6% more funds holding
Funds holding: 47 [Q1] → 50 (+3) [Q2]
2.87% less ownership
Funds ownership: 53.28% [Q1] → 50.4% (-2.87%) [Q2]
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
35% less capital invested
Capital invested by funds: $37.8M [Q1] → $24.6M (-$13.2M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
UBS Douglas Harter 50% 1-year accuracy 8 / 16 met price target | 36%upside $14 | Buy Maintained | 5 Sept 2024 |