Zacks Research Has Bullish Forecast for FAF Q3 Earnings

First American Financial Corporation (NYSE:FAF) – Zacks Research raised their Q3 2026 earnings per share estimates for First American Financial in a report released on Wednesday, November 12th. Zacks Research analyst Team now expects that the insurance provider will post earnings of $1.67 per share for the quarter, up from their prior estimate of $1.52. The consensus estimate for First American Financial’s current full-year earnings is $5.35 per share. Zacks Research also issued estimates for First American Financial’s FY2026 earnings at $6.14 EPS, Q2 2027 earnings at $1.70 EPS and Q3 2027 earnings at $1.73 EPS.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen raised First American Financial from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Truist Financial boosted their price objective on shares of First American Financial from $73.00 to $76.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings upgraded shares of First American Financial from a “hold (c+)” rating to a “buy (b)” rating in a report on Saturday, October 25th. Keefe, Bruyette & Woods boosted their target price on shares of First American Financial from $77.00 to $79.00 and gave the company an “outperform” rating in a research note on Monday, July 28th. Finally, Stephens began coverage on First American Financial in a research note on Friday, November 14th. They issued an “equal weight” rating on the stock. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $76.00.

First American Financial Stock Up 1.4%

Shares of NYSE FAF opened at $62.88 on Monday. The firm has a market cap of $6.41 billion, a P/E ratio of 13.52 and a beta of 1.24. First American Financial has a twelve month low of $53.09 and a twelve month high of $70.92. The company has a 50 day moving average of $63.16 and a 200 day moving average of $61.47.

First American Financial (NYSE:FAF) last announced its quarterly earnings data on Thursday, October 23rd. The insurance provider reported $1.70 EPS for the quarter, beating the consensus estimate of $1.42 by $0.28. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.87 billion. First American Financial had a net margin of 6.80% and a return on equity of 11.01%. First American Financial’s revenue for the quarter was up 40.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.34 EPS.

Hedge Funds Weigh In On First American Financial

Large investors have recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. lifted its stake in shares of First American Financial by 2,887.5% during the 3rd quarter. SJS Investment Consulting Inc. now owns 478 shares of the insurance provider’s stock valued at $31,000 after buying an additional 462 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of First American Financial during the second quarter worth about $35,000. First Horizon Corp bought a new stake in First American Financial during the 3rd quarter valued at approximately $37,000. Atlantic Union Bankshares Corp purchased a new position in First American Financial in the 2nd quarter worth approximately $36,000. Finally, Tripletail Wealth Management LLC purchased a new stake in First American Financial during the 3rd quarter valued at approximately $41,000. Hedge funds and other institutional investors own 89.05% of the company’s stock.

First American Financial announced that its board has initiated a stock repurchase plan on Wednesday, July 23rd that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the insurance provider to buy up to 5.1% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is undervalued.

First American Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 8th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, December 8th. First American Financial’s payout ratio is presently 47.31%.

First American Financial Company Profile

First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally.