Media headlines about First American (NYSE:FAF) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First American earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 45.609783742192 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- Two Market Dynamics Fueling the Housing Shortage, According to First American Potential Home Sales Model (finance.yahoo.com)
- IndyCar star Dixon to try skills on “American Ninja Warrior” (decaturdaily.com)
- Stocks post first loss of the week as tech companies drop (brownsvilleherald.com)
- The Latest: Trump: Barbara Bush a ‘titan in American life’ (nptelegraph.com)
- First American (FAF) Scheduled to Post Quarterly Earnings on Thursday (americanbankingnews.com)
A number of equities research analysts have recently issued reports on the company. Zacks Investment Research lowered First American from a “buy” rating to a “hold” rating in a research note on Tuesday, April 10th. Barclays lowered their target price on First American from $75.00 to $70.00 and set an “overweight” rating for the company in a research note on Friday, February 9th. ValuEngine lowered First American from a “buy” rating to a “hold” rating in a research note on Friday, April 13th. Finally, Stephens upgraded First American from an “equal” rating to a “weight” rating in a research note on Monday, January 8th. Two analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. First American currently has an average rating of “Buy” and a consensus target price of $68.00.
First American (NYSE:FAF) last posted its earnings results on Thursday, February 8th. The insurance provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. First American had a return on equity of 13.92% and a net margin of 7.33%. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter last year, the firm earned $0.92 earnings per share. The company’s revenue for the quarter was down 1.5% compared to the same quarter last year. analysts expect that First American will post 4.44 EPS for the current year.
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First American Company Profile
First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services.
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