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First Foundation (FFWM)
NYSE:FFWM
First Foundation (FFWM) Stock Price & Analysis
109 Followers
FFWM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.39 - $11.44
Previous Close$6.57
Volume625.17K
Average Volume (3M)639.79K
Market Cap
$371.49M
Enterprise Value$544.90M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$173.41M
Price to Earnings (P/E)―
Beta1.24
Next Earnings
Jul 25, 2024EPS Estimate
<$0.01Last Dividend Ex-Date
May 03, 2024Dividend Yield0.76%
Share Statistics
EPS (TTM)-3.66
Shares Outstanding56,511,864
10 Day Avg. Volume453,439
30 Day Avg. Volume639,789
Standard Deviation0.20
R-Squared0.12
Alpha-0.00957
Financial Highlights & Ratios
Price to Book (P/B)0.34
Price to Sales (P/S)1.80
Price to Cash Flow (P/CF)10.90
P/FCF Ratio0.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.35
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$7.50Price Target Upside14.16% Upside
Rating ConsensusHold
Number of Analyst Covering5
First Foundation News
PremiumCompany Announcements
First Foundation’s Strategic Capital Raise and Leadership Change
Bulls Say, Bears Say
Bulls Say
Analyst RecommendationAnalyst's recommendation is to upgrade shares of FFWM to Buy, following the announced capital raise.
Capital InvestmentAnnounced $228M equity investment provides balance sheet flexibility and capital boost.
Strategic ActionsThe company plans to take additional strategic actions, including the sale of a portion of the multifamily portfolio in order to strengthen earnings power and drive profitability.
Bears Say
Equity RaiseFFWM announced a 49% dilutive equity raise.
Loan PracticesThere is a belief that the company may have been extending a portion of its loans at below-market rates to enable borrowers to avoid credit issues, which could continue weighing on earnings power for an extended period.
ProfitabilityThe company's weak profitability in comparison to peers may have been expected to linger uncomfortably longer than originally assumed prior to this deal.
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Ownership Overview
12.48% Insiders
25.37% Mutual Funds
15.27% Other Institutional Investors
46.88% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FFWM FAQ
What was First Foundation’s price range in the past 12 months?
First Foundation lowest stock price was $4.39 and its highest was $11.44 in the past 12 months.
What is First Foundation’s market cap?
Currently, no data Available
When is First Foundation’s upcoming earnings report date?
First Foundation’s upcoming earnings report date is Jul 25, 2024 which is in 3 days.
How were First Foundation’s earnings last quarter?
First Foundation released its earnings results on Apr 25, 2024. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.008 by $0.012.
Is First Foundation overvalued?
According to Wall Street analysts First Foundation’s price is currently Undervalued.
Does First Foundation pay dividends?
First Foundation pays a Quarterly dividend of <$0.01 which represents an annual dividend yield of 0.76%. See more information on First Foundation dividends here
What is First Foundation’s EPS estimate?
First Foundation’s EPS estimate is <$0.01.
How many shares outstanding does First Foundation have?
First Foundation has 56,543,380 shares outstanding.
What happened to First Foundation’s price movement after its last earnings report?
First Foundation reported an EPS of $0.02 in its last earnings report, beating expectations of $0.008. Following the earnings report the stock price went down -4.972%.
Which hedge fund is a major shareholder of First Foundation?
Among the largest hedge funds holding First Foundation’s share is Hotchkis & Wiley Capital Management LLC. It holds First Foundation’s shares valued at 6M.
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First Foundation Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$7.50 (14.16% Upside)
$7.50 (14.16% Upside)
Blogger Sentiment
Bullish
FFWM Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 422.2K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
23.51%
12-Months-Change
Fundamentals
Return on Equity
-20.05%
Trailing 12-Months
Asset Growth
-0.22%
Trailing 12-Months
Company Description
First Foundation
First Foundation, Inc. is a bank holding, which engages in the provision of comprehensive platform of financial services to individuals, businesses, and organizations. It operates through the following segments: Banking, Wealth Management, and Other. The company was founded by John Avak Hakopian and Ulrich Emanuel Keller, Jr. in 1990 and is headquartered in Irvine, CA.
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FFWM Company Deck
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FFWM Earnings Call
Q1 2024
0:00 / 0:00
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FFWM Stock 12 Month Forecast
Average Price Target
$7.50
▲(14.16% Upside)
Technical Analysis
First Financial Bankshares
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First Financial Bancorp
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First Interstate Bancsystem
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Banner
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Best Analysts Covering FFWM
1 Year
1 Year Success Rate
5/6 ratings generated profit
1 Year Average Return
+22.08%
upgraded a buy rating 19 days ago
Copying Gary Tenner's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +22.08% per trade.
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