First American
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 Q3 regulatory filings by fund managers ($100M+ AUM)
20% more capital invested
Capital invested by funds: $4.9B [Q2] → $5.86B (+$959M) [Q3]
1% more funds holding
Funds holding: 385 [Q2] → 389 (+4) [Q3]
7% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 56
0% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 6 (+0) [Q3]
1.99% less ownership
Funds ownership: 87.55% [Q2] → 85.56% (-1.99%) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 139
87% less call options, than puts
Call options by funds: $944K | Put options by funds: $7.24M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Keefe, Bruyette & Woods Bose George 63% 1-year accuracy 22 / 35 met price target | 27%upside $80 | Market Perform Downgraded | 10 Dec 2024 |
Stephens & Co. John Campbell 77% 1-year accuracy 24 / 31 met price target | 16%upside $73 | Overweight Maintained | 25 Oct 2024 |
Barclays Terry Ma 44% 1-year accuracy 7 / 16 met price target | 15%upside $72 | Equal-Weight Maintained | 25 Oct 2024 |
Truist Securities Mark Hughes 70% 1-year accuracy 45 / 64 met price target | 16%upside $73 | Buy Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 9 articles about FAF published over the past 30 days