Finance of America Companies (FOA)

• Market cap: $274M
• 1 day: 1.25%
• 5 days: -0.75%
• 1 month: 5.42%
• 3 months: 158.22%
• 6 months: 295.85%
• Year to date: -2.30%
• 1 year: 200.33%
• 5 years: -72.64%
• 10 years: -72.64%
• Sector: Financials
• Industry: Mortgage Bankers & Loan Correspondents

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 Q3 regulatory filings by fund managers ($100M+ AUM)

126% more capital invested

Capital invested by funds: $24.7M [Q2] → $55.9M (+$31.2M) [Q3]

1.86% less ownership

Funds ownership: 50.5% [Q2] → 48.64% (-1.86%) [Q3]

55% less funds holding

Funds holding: 51 [Q2] → 23 (-28) [Q3]

84% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 31

94% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 17

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $15K

Research analyst outlook

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

• Low target: $24 13% downside
• Avg. target: $24 13% downside
• High target: $24 13% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

UBS Douglas Harter 64% 1-year accuracy 18 / 28 met price target

13% downside $24

Neutral Downgraded

20 Nov 2024