Skip to content
Nicolesmagicspatula

Nicolesmagicspatula

We know finance

Primary Menu
  • Business News
  • Business Development
  • Business Networking
  • Business Knowledge
  • Finance Companies
  • Finance Analyst
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • SITEMAP
  • Home
  • $341.24 Million in Sales Expected for Finance Of America Companies Inc. (NYSE:FOA) This Quarter
  • Finance Companies

$341.24 Million in Sales Expected for Finance Of America Companies Inc. (NYSE:FOA) This Quarter

By Bernadette 1 year ago

[ad_1]


Finance Of America Companies logoWall Street analysts expect Finance Of America Companies Inc. (NYSE:FOA – Get Rating) to post sales of $341.24 million for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Finance Of America Companies’ earnings. The lowest sales estimate is $335.48 million and the highest is $347.00 million. Finance Of America Companies reported sales of $389.12 million in the same quarter last year, which would suggest a negative year over year growth rate of 12.3%. The company is scheduled to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Finance Of America Companies will report full year sales of $1.28 billion for the current year, with estimates ranging from $1.23 billion to $1.33 billion. For the next financial year, analysts anticipate that the business will report sales of $1.51 billion, with estimates ranging from $1.40 billion to $1.62 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Finance Of America Companies.

Finance Of America Companies (NYSE:FOA – Get Rating) last released its quarterly earnings results on Monday, May 9th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). Finance Of America Companies had a positive return on equity of 13.28% and a negative net margin of 25.42%.

FOA has been the subject of several recent analyst reports. Morgan Stanley cut their price objective on Finance Of America Companies from $4.00 to $3.75 and set an “equal weight” rating for the company in a report on Friday, March 4th. Credit Suisse Group cut their price objective on Finance Of America Companies to $6.00 and set a “neutral” rating for the company in a report on Thursday, May 19th. Zacks Investment Research downgraded Finance Of America Companies from a “hold” rating to a “sell” rating in a report on Wednesday, May 18th. The Goldman Sachs Group cut their price target on Finance Of America Companies from $4.50 to $3.85 and set a “neutral” rating for the company in a report on Monday, April 4th. Finally, Raymond James cut their price target on Finance Of America Companies from $10.50 to $8.50 and set a “strong-buy” rating for the company in a report on Monday, March 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $5.27.

A number of hedge funds have recently bought and sold shares of FOA. Royal Bank of Canada increased its position in Finance Of America Companies by 99.1% during the 3rd quarter. Royal Bank of Canada now owns 5,366 shares of the company’s stock worth $27,000 after buying an additional 2,671 shares during the period. UBS Group AG increased its position in shares of Finance Of America Companies by 301.6% in the third quarter. UBS Group AG now owns 8,212 shares of the company’s stock worth $40,000 after purchasing an additional 6,167 shares during the period. Schonfeld Strategic Advisors LLC bought a new position in shares of Finance Of America Companies in the fourth quarter worth $40,000. Great Lakes Advisors LLC bought a new position in shares of Finance Of America Companies in the fourth quarter worth $41,000. Finally, Capstone Financial Advisors Inc. increased its position in shares of Finance Of America Companies by 50.0% in the first quarter. Capstone Financial Advisors Inc. now owns 15,000 shares of the company’s stock worth $46,000 after purchasing an additional 5,000 shares during the period.

NYSE FOA opened at $2.49 on Thursday. The company has a market cap of $155.18 million, a PE ratio of -0.36 and a beta of 0.44. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 10.22. Finance Of America Companies has a 12 month low of $2.13 and a 12 month high of $10.56. The stock has a 50 day moving average of $2.66 and a 200-day moving average of $3.55.

About Finance Of America Companies (Get Rating)

Finance of America Companies Inc operates a consumer lending platform in the United States. The company operates through: Mortgage Originations, Reverse Originations, Commercial Originations, Lender Services, and Portfolio Management segments. It provides residential mortgage loans to the government sponsored entities; government-insured agricultural lending solutions to farmers; product development, loan securitization, loan sales, risk management, asset management, and servicing oversight services to enterprise and third-party funds; and ancillary business services, title agency and title insurance services, mortgage servicing rights valuation and trade brokerage, transactional fulfillment services, mortgage loan third party review or due diligence services, and appraisal and capital management services to residential mortgage, student lending, and commercial lending industry customers.

Recommended Stories

Get a free copy of the Zacks research report on Finance Of America Companies (FOA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com



Receive News & Ratings for Finance Of America Companies Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Finance Of America Companies and related companies with MarketBeat.com’s FREE daily email newsletter.

[ad_2]

Source link

Tags: "Succeeded His Business", 2 Of Cups Business, 525 Business 5 Bankruptcies, Accounting Business Letter To Client, Bracken Business Communications Clinic, Business Account No Deposit, Business Administration Fafsa, Business Balance Sheet Explained, Business Card, Business Card Printing La Plata, Business Card To Secret Website, Business Cards Media Bar, Business Central Png, Business Coaching Site Cloudfront, Business Contract Lawyer 47201, Business Marketing Pearson Quizlet, Business Milleage Leager 18, Business Mobile Broadand Plans, Business Plan For Supplement Company, Business Plan Loan Originayor, Disrupting Digital Business Harvard, Ffiec Business Continuity Templates, Gauge Ear Piercing Business, Good Openings For Business Letters, Holton Investment Business, Indiana Wesleyan University Business, Indianapolis Business Times, List Business In Search Engines, List My Business Yahoo, Lunch Susbcription Business Model, Morgan Hill Business Liocense Renewal, Nee Small Business Bill Signed, Negotiating Business Acquisitions Practical Law, Networking Trends Small Business, New Business In Shorewood Il, School Business Officer Being Unethical, Small Business Administration Mass, Small Business Comunity, Small Business Corporation South Africa, Small Business Depew Llc, Small Business Medical Offices Chicago, Small Business Office Lakewood Nj, Small Business Plans Verizon, Small Business Storage Array, Small Business Sucess Stories, South Florida Business Journal Twitter, Torrington Ct, United Business Tech Response Sla, United Domestic Business Food, Video Business Woman Bukkake, Ways To Improve Business Technologyreddit

Continue Reading

Previous punjab: Former Punjab forest minister Dharamsot arrested on graft charges
Next Analysis resultsLearn more about the readability analysis(Opens in a new browser tab)
June 2023
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« May    

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018

BL

Recent Posts

  • Trending Subject areas and Information
  • Best Financial Education Online Resources
  • Totally free Grants For Women in Small business
  • Ecommerce Enterprise Ideas In 2019 Advice From 27 Trade Consultants
  • How To Become Productive In A Catering Enterprise
Intellifluence Trusted Blogger

Tags

Amazon Fba Business At&T Business Login Atlanta Business Chronicle'S Boss Baby Back In Business business Business Administration Degree Business Attire Women Business Card Design Business Cards Templates Business Casual Dress Business Casual Outfits Business Checking Account Business Credit Card Business For Sale Near Me Business Intelligence Platform Business Lawyer Near Me Business Loan Calculator Business Name Ideas Business Professional Women Business Spectrum Login California Business Entity Search Capital One Spark Business Carl Weber'S The Family Business Charlotte Business Journal Custom Business Cards Delaware Business Search enterprise Florida Business Search Fl Sos Business Search Harvard Business Publishing Insurance For Small Business Kelley School Of Business Maryland Business Express Maryland Business Search Moo Business Cards National Business Furniture New York Business Search Ohio Business Gateway Onedrive For Business Online Business Ideas Paramore Misery Business Risky Business Cast Small Business Insurance Spectrum Business Customer Service Tom Cruise Risky Business

getlinko

nicolesmagicspatula.com | Magazine 7 by AF themes.

WhatsApp us