FOA icon

Finance of America Companies

20.18 USD
+0.03
0.15%
At close Apr 24, 4:00 PM EDT
1 day
0.15%
5 days
5.93%
1 month
-5.70%
3 months
-24.05%
6 months
69.15%
Year to date
-28.64%
1 year
303.60%
5 years
-80.02%
10 years
-79.98%
 

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 a 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: 747

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

4,836% more call options, than puts

Call options by funds: $31.6M | Put options by funds: $641K

1,000% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 1

217% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 6

175% more capital invested

Capital invested by funds: $55.9M [Q3] → $154M (+$97.9M) [Q4]

57% more funds holding

Funds holding: 23 [Q3] → 36 (+13) [Q4]

6.59% more ownership

Funds ownership: 48.64% [Q3] → 55.22% (+6.59%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$23
11%
upside
Avg. target
$26
30%
upside
High target
$30
49%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
UBS
Douglas Harter
59% 1-year accuracy
19 / 32 met price target
12%upside
$23
Neutral
Maintained
16 Apr 2025
Raymond James
Stephen Laws
0% 1-year accuracy
0 / 16 met price target
49%upside
$30
Outperform
Maintained
25 Mar 2025

Financial journalist opinion

Based on 4 articles about FOA published over the past 30 days

Neutral
Business Wire
2 days ago
Finance of America Announces First Quarter Earnings Release and Conference Call on May 6, 2025
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, today announced that it will release results for the first quarter ended March 31, 2025 after market closing on Tuesday, May 6, 2025. Webcast and Earnings Conference Call Management will host a webcast and conference call on the same day at 5:00 pm Eastern Time to discuss the Company's results f.
Finance of America Announces First Quarter Earnings Release and Conference Call on May 6, 2025
Neutral
Business Wire
2 days ago
Finance of America Launches New Ad Campaign Highlighting How Homeowners 55 and Up Unlock Home Equity in Their Next Chapter
PLANO, Texas--(BUSINESS WIRE)--Finance of America Reverse LLC (“Finance of America” or the “Company”), a leading provider of home equity-based financing solutions for a modern retirement and a part of Finance of America Companies Inc. (NYSE: FOA), today announced the launch of its new brand platform “A Better Way with FOA”, alongside the launch of a national advertising campaign featuring TV spots and digital ads rolling out to audiences across the country. This campaign launch is a groundbreak.
Finance of America Launches New Ad Campaign Highlighting How Homeowners 55 and Up Unlock Home Equity in Their Next Chapter
Neutral
Business Wire
3 weeks ago
David&Goliath Wins AOR for Finance of America
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Integrated creative agency David&Goliath (D&G) announces it has been appointed Creative Agency of Record (AOR) for Finance of America, a leading provider of home equity-based financing solutions for a modern retirement. Winning the pitch against a host of competitive agencies, D&G's work for Finance of America will include business and brand strategy, creative development, and ongoing thought leadership. This new work aims to educate homeowners o.
David&Goliath Wins AOR for Finance of America
Neutral
Business Wire
3 weeks ago
Finance of America Promotes Jonathan Scarpati to Chief Production Officer
PLANO, Texas--(BUSINESS WIRE)--Finance of America Reverse LLC (“Finance of America” or the “Company”), a leading provider of home equity-based financing solutions for a modern retirement and a part of Finance of America Companies Inc. (NYSE: FOA), announced the promotion of Jonathan Scarpati to Chief Production Officer. This new strategic position will strengthen FOA's leadership in an area that is essential to the company's long-term growth plans and further its efforts to make home equity for.
Finance of America Promotes Jonathan Scarpati to Chief Production Officer
Neutral
Business Wire
1 month ago
FOA Appoints New Board Members Andrew Essex and Cory Gardner
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“FOA” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, today announced the appointment of Andrew Essex and former U.S. Senator Cory Gardner to its Board of Directors. Their addition brings a wealth of expertise in marketing, public policy, and strategic growth, further strengthening the Company's leadership as it continues to expand its impact on senior homeowners.
FOA Appoints New Board Members Andrew Essex and Cory Gardner
Positive
Seeking Alpha
1 month ago
Finance of America's Turnaround Is In Full Progress
Finance of America Companies Inc. focuses on reverse mortgage loans, capitalizing on the growing senior market and significant home equity among older Americans. The company has streamlined its business to concentrate on retirement solutions, showing strong growth in reverse mortgage originations and introducing new products like hybrid mortgage loans. The acquisition of American Advisors Group (AAG/Bloom) has bolstered its market position, expanded distribution channels, and enhanced revenue margins, driving profitability.
Finance of America's Turnaround Is In Full Progress
Neutral
Seeking Alpha
1 month ago
Finance of America Companies, Inc. (FOA) Q4 2024 Earnings Call Transcript
Finance of America Companies, Inc. (NYSE:FOA ) Q4 2024 Earnings Conference Call March 11, 2025 5:00 PM ET Company Participants Michael Fant - SVP, Finance Graham Fleming - CEO Kristen Sieffert - President Matt Engel - CFO Conference Call Participants Stephen Laws - Raymond James Operator Thank you for standing by. My name is Celine, and I'll be your conference operator today.
Finance of America Companies, Inc. (FOA) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Finance of America Companies Inc. (FOA) Q4 Earnings and Revenues Miss Estimates
Finance of America Companies Inc. (FOA) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to loss of $0.90 per share a year ago.
Finance of America Companies Inc. (FOA) Q4 Earnings and Revenues Miss Estimates
Neutral
Business Wire
1 month ago
Finance of America Reports Fourth Quarter and Full Year 2024 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, reported financial results for the quarter and year ended December 31, 2024. Full Year 2024 Highlights(1) Net income from continuing operations of $40 million or $1.78 basic earnings per share for the year. Adjusted net income(2) of $14 million or $0.60 adjusted earnings per share for the year.
Finance of America Reports Fourth Quarter and Full Year 2024 Results
Neutral
Business Wire
1 month ago
Finance of America Announces Strategic Leadership Additions to Drive Digital Innovation in Home Equity Retirement Solutions
PLANO, Texas--(BUSINESS WIRE)--Finance of America Reverse LLC (“Finance of America” or the “Company”), a leading provider of home equity-based financing solutions for a modern retirement and a part of Finance of America Companies Inc. (NYSE: FOA), announced two key executive hires to accelerate its strategy of redefining the reverse mortgage market through digital transformation. These strategic appointments reinforce Finance of America's commitment to modernizing a corner of the mortgage indus.
Finance of America Announces Strategic Leadership Additions to Drive Digital Innovation in Home Equity Retirement Solutions
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