First Acceptance Corp.

First Acceptance Corp. Stock Forecast & Price Prediction

Live First Acceptance Corp. Stock (FACO) Price
$3.50

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$3.50

P/E Ratio

1.64

Volume Traded Today

$200

Dividend

$0.11

52 Week High/low

4.35/1.34

First Acceptance Corp. Market Cap

$133.5M

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FACO Summary

Based on ratings from 0 stock analysts, the First Acceptance Corp. stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for First Acceptance Corp.. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.

FACO Analyst Ratings

About 0 Wall Street analysts have assigned FACO 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect First Acceptance Corp. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FACO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

FACO stock forecast by analyst

These are the latest 20 analyst ratings of FACO.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

FACO Company Information

What They Do: Offers non-standard automobile insurance and related products.

Business Model: The company operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance, targeting individuals who struggle to obtain coverage from standard insurers. It generates revenue by issuing insurance policies and providing various related products, including auto, motorcycle, and other types of insurance, as well as subscription-based medical consultation services through TeleMed.

Other Information: Founded in 1969 and headquartered in Nashville, Tennessee, the company has a significant retail presence with 338 locations and also utilizes call centers and online platforms for distribution. This diversified approach helps the company cater to a broad customer base, including those with challenging insurance needs.
FACO
First Acceptance Corp. (FACO)

When did it IPO

1982

Staff Count

0

Country

United States

Sector/Industry

Financial Services/Insurance - Specialty

CEO

Mr. Kenneth Duane Russell

Market Cap

$133.5M

First Acceptance Corp. (FACO) Financial Data

In 2023, FACO generated $487.5M in revenue, which was a increase of 61.28% from the previous year. This can be seen as a signal that FACO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$269.6M

Revenue From 2021

$285.2M

5.81 %
From Previous Year

Revenue From 2022

$302.3M

5.98 %
From Previous Year

Revenue From 2023

$487.5M

61.28 %
From Previous Year
  • Revenue TTM $308.3M
  • Operating Margin TTM 6.2%
  • Gross profit TTM $0
  • Return on assets TTM 0.0%
  • Return on equity TTM 52.1%
  • Profit Margin 6.5%
  • Book Value Per Share 1.87%
  • Market capitalisation $133.5M
  • Revenue for 2021 $285.2M
  • Revenue for 2022 $302.3M
  • Revenue for 2023 $487.5M
  • EPS this year (TTM) $2.14

First Acceptance Corp. (FACO) Latest News

News Image

Tue, 13 Aug 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - First Acceptance Corporation (OTCQX:FACO) reported its financial results for Q2 and H1 2024, available on their OTC Markets disclosure page.

Why It Matters - First Acceptance Corporation's quarterly financial results can reveal insights into its performance, affecting stock valuations and investor sentiment. Key metrics may influence trading decisions.

News Image

Thu, 06 Jun 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - First Acceptance Corporation (OTCQX:FACO) has appointed Ronald H. Davies to its Board of Directors, effective July 1, 2024.

Why It Matters - The appointment of Ronald H. Davies to First Acceptance's Board may signal strategic changes ahead, potentially impacting company direction and investor confidence.

News Image

Tue, 07 May 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - First Acceptance Corporation (OTCQX:FACO) released its financial results for Q1 2024, ending March 31. Full details are available at OTC Markets.

Why It Matters - First Acceptance Corporation's quarterly financial results impact investor sentiment and valuation, reflecting the company's performance and potential for future growth or risks.

News Image

Tue, 05 Mar 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - First Acceptance Corporation (OTCQX:FACO) announced its financial results for Q4 and the full year of 2023, available in the 2023 Annual Report at otcmarkets.com.

Why It Matters - First Acceptance Corporation's financial results can impact its stock performance and investor sentiment, influencing investment decisions and market valuation.

News Image

Thu, 18 Jan 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - First Acceptance Corporation (OTCQX:FACO) has been ranked among the 2024 OTCQX Best 50, highlighting its status as a top performer on the OTCQX Best Market in the past year.

Why It Matters - First Acceptance Corporation's inclusion in the OTCQX Best 50 highlights its strong performance, potentially attracting more investors and increasing its market visibility and credibility.

News Image

Mon, 04 Dec 2023

Sentiment - NEUTRAL

Source - Accesswire

Summary - First Acceptance Corporation sold its subsidiary Acceptance Insurance Agency of Tennessee to Alliant Insurance for up to $120 million, with payments structured over several years based on performance.

Why It Matters - The sale of Acceptance Insurance Agency for up to $120 million enhances First Acceptance Corporation's liquidity and could improve its financial position and strategic focus, impacting stock performance.

...

FACO Frequently asked questions

The highest forecasted price for FACO is $ from at .

The lowest forecasted price for FACO is $ from from

The FACO analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.