USA - NYSE:FOA - US31738L2060 - Common Stock
The current stock price of FOA is 22.99 USD. In the past month the price increased by 7.23%. In the past year, price increased by 7.38%.
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| RKT | ROCKET COS INC-CLASS A | 89.74 | 47.91B | ||
| UWMC | UWM HOLDINGS CORP | 102 | 8.16B | ||
| PFSI | PENNYMAC FINANCIAL SERVICES | 13.69 | 6.57B | ||
| MTG | MGIC INVESTMENT CORP | 9.04 | 6.50B | ||
| ACT | ENACT HOLDINGS INC | 8.45 | 5.56B | ||
| RDN | RADIAN GROUP INC | 8.4 | 4.78B | ||
| NMIH | NMI HOLDINGS INC | 7.86 | 2.92B | ||
| WD | WALKER & DUNLOP INC | 19.39 | 2.23B | ||
| AGM | FEDERAL AGRIC MTG CORP-CL C | 9.65 | 1.79B | ||
| MBIN | MERCHANTS BANCORP/IN | 7.17 | 1.47B | ||
| AGM.A | FEDERAL AGRIC MTG CORP-CL A | 7.59 | 1.41B | ||
| GHLD | GUILD HOLDINGS CO - CLASS A | 9.59 | 1.24B |
Finance of America Cos. Inc. engages in the provision of mortgage loans, reverse mortgage loans, and business purpose loans to residential real estate investors. The company is headquartered in Plano, Texas and currently employs 745 full-time employees. The company went IPO on 2019-04-18. The firm is a provider of home equity-based financing solutions for a modern retirement. The firm offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. The company has two segments: Retirement Solutions and Portfolio Management. Retirement Solutions segment conducts all of the Company’s loan origination activity, including the origination of home equity conversion mortgages and non-agency reverse mortgage loans through both the retail and third-party originator channels. Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for the Company. The company uses a combination of proprietary and third-party intellectual property, such as owned or licensed trademarks, trademark applications, and domain names.
FINANCE OF AMERICA COS INC-A
5830 Granite Parkway, Suite 400
Plano TEXAS 10153 US
CEO: Gregorio Werthein
Employees: 745
Phone: 18772022666
Finance of America Cos. Inc. engages in the provision of mortgage loans, reverse mortgage loans, and business purpose loans to residential real estate investors. The company is headquartered in Plano, Texas and currently employs 745 full-time employees. The company went IPO on 2019-04-18. The firm is a provider of home equity-based financing solutions for a modern retirement. The firm offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. The company has two segments: Retirement Solutions and Portfolio Management. Retirement Solutions segment conducts all of the Company’s loan origination activity, including the origination of home equity conversion mortgages and non-agency reverse mortgage loans through both the retail and third-party originator channels. Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for the Company. The company uses a combination of proprietary and third-party intellectual property, such as owned or licensed trademarks, trademark applications, and domain names.
The current stock price of FOA is 22.99 USD. The price increased by 0.39% in the last trading session.
FOA does not pay a dividend.
FOA has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
8 analysts have analysed FOA and the average price target is 32.64 USD. This implies a price increase of 41.97% is expected in the next year compared to the current price of 22.99.
The PE ratio for FINANCE OF AMERICA COS INC-A (FOA) is 8.81. This is based on the reported non-GAAP earnings per share of 2.61 and the current share price of 22.99 USD.
The Revenue of FINANCE OF AMERICA COS INC-A (FOA) is expected to decline by -24.64% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
ChartMill assigns a technical rating of 2 / 10 to FOA. When comparing the yearly performance of all stocks, FOA is a bad performer in the overall market: 69.68% of all stocks are doing better.
ChartMill assigns a fundamental rating of 4 / 10 to FOA. While FOA is still in line with the averages on profitability rating, there are concerns on its financial health.
Over the last trailing twelve months FOA reported a non-GAAP Earnings per Share(EPS) of 2.61. The EPS increased by 550% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 4.1% | ||
| ROA | 0.3% | ||
| ROE | 27.75% | ||
| Debt/Equity | 85.02 |
8 analysts have analysed FOA and the average price target is 32.64 USD. This implies a price increase of 41.97% is expected in the next year compared to the current price of 22.99.
For the next year, analysts expect an EPS growth of 410.72% and a revenue growth -24.64% for FOA