First Foundation Inc

First Foundation Inc Stock Forecast & Price Prediction

Live First Foundation Inc Stock (FFWM) Price
$7.66

5

Ratings

  • Buy 1
  • Hold 4
  • 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

$7.66

P/E Ratio

51.93

Volume Traded Today

$414,169

Dividend

$0.01

52 Week High/low

11.47/4.84

First Foundation Inc Market Cap

$640.0M

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FFWM Summary

The First Foundation Inc (FFWM) share price is expected to increase by 1.17% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered FFWM. Price targets range from $7 at the low end to $9 at the high end. The current analyst consensus for FFWM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

FFWM Analyst Ratings

About 5 Wall Street analysts have assignedFFWM 1 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect First Foundation Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FFWM. 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.

FFWM stock forecast by analyst

These are the latest 20 analyst ratings of FFWM.

Analyst/Firm

Rating

Price Target

Change

Date

Andrew Terrell
Stephens & Co.

Equal-Weight

$7

Maintains

Jul 26, 2024
Gary Tenner
DA Davidson

Buy

$9

Upgrade

Jul 3, 2024
David Chiaverini
Wedbush

Neutral

$5

Maintains

Jul 3, 2024
Matthew Clark
Piper Sandler

Neutral

$6

Maintains

Jul 3, 2024
David Chiaverini
Wedbush

Neutral

$7

Reiterates

May 22, 2024
David Chiaverini
Wedbush

Neutral

$7

Maintains

Apr 29, 2024
David Chiaverini
Wedbush

Neutral

$7

Maintains

Apr 26, 2024
David Chiaverini
Wedbush

Neutral

$11

Maintains

Jan 26, 2024
David Long
Raymond James

Strong Buy

$12

Upgrade

Jan 5, 2024
David Chiaverini
Wedbush

Neutral

$6

Downgrade

Nov 3, 2023
David Chiaverini
Wedbush

Outperform

$8

Maintains

Jul 28, 2023
David Chiaverini
Wedbush

Outperform

$8

Maintains

Apr 28, 2023
David Feaster
Raymond James

Outperform

$9.5

Maintains

Apr 6, 2023
Matthew Clark
Piper Sandler

Neutral

$16

Downgrade

Feb 3, 2023
David Feaster
Raymond James

Outperform

$18

Maintains

Jan 27, 2023
David Feaster
Raymond James

Outperform

$20

Maintains

Oct 26, 2022
Gary Tenner
DA Davidson

Neutral

$18

Downgrade

Oct 26, 2022
David Feaster
Raymond James

Outperform

$23

Maintains

Jul 27, 2022
Steve Moss
B. Riley Securities

Neutral

$21

Downgrade

Jul 11, 2022

Raymond James

Outperform

$25

Maintains

Jul 7, 2022

FFWM Company Information

What They Do: Provides banking and wealth management services.

Business Model: The company operates through two main segments: Banking and Wealth Management. It generates revenue by offering a broad range of financial products including deposit accounts, loans, investment management, and advisory services, catering to both individuals and businesses.

Other Information: Founded in 1985 and headquartered in Dallas, Texas, the company also provides specialized services such as trust services, online banking, and insurance brokerage. Its extensive service offerings and established branch network position it well in the financial services market.
FFWM
First Foundation Inc (FFWM)

When did it IPO

2014

Staff Count

555

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Thomas C. Shafer

Market Cap

$640.0M

First Foundation Inc (FFWM) Financial Data

In 2023, FFWM generated $174.9M in revenue, which was a decrease of -46.81% from the previous year. This can be seen as a signal that FFWM's business is declining, and its share price could be worth less 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

$243.8M

Revenue From 2021

$295.0M

20.96 %
From Previous Year

Revenue From 2022

$328.7M

11.45 %
From Previous Year

Revenue From 2023

$174.9M

-46.81 %
From Previous Year
  • Revenue TTM $108.2M
  • Operating Margin TTM 206.1%
  • Gross profit TTM $0
  • Return on assets TTM -0.6%
  • Return on equity TTM -7.6%
  • Profit Margin -70.0%
  • Book Value Per Share 13.85%
  • Market capitalisation $640.0M
  • Revenue for 2021 $295.0M
  • Revenue for 2022 $328.7M
  • Revenue for 2023 $174.9M
  • EPS this year (TTM) $-1.26

First Foundation Inc (FFWM) Latest News

News Image

Fri, 22 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - First Foundation Inc. has announced the retirement of CEO Scott F. Kavanaugh, with Thomas C. Shafer appointed as his successor.

Why It Matters - Leadership changes can impact company strategy and performance, influencing stock prices and investor confidence. The new CEO's vision and experience will be closely watched.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - First Foundation (FFWM) is highlighted as a strong momentum stock trading at reasonable prices, passing the 'Fast-Paced Momentum at a Bargain' screening.

Why It Matters - First Foundation's recent momentum combined with reasonable pricing suggests potential for growth, making it an attractive option for investors seeking value and strong performance.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - First Foundation Inc. (NYSE: FFWM) will hold its Q3 2024 earnings conference call on October 29, 2024, at 11:00 AM ET, with key executives participating.

Why It Matters - The earnings call provides insights into First Foundation's performance, strategies, and market outlook, influencing investor sentiment and stock valuation.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - First Foundation Inc. (NYSE: FFWM) reported its Q3 2024 financial results. Detailed earnings are available online. CEO will discuss results at 8 a.m. PT / 11 a.m. ET.

Why It Matters - First Foundation Inc.'s quarterly earnings report impacts stock valuation and investor sentiment, affecting share price and potential investment strategies. Key financial metrics will guide future investment decisions.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - First Foundation (FFWM) reported its revenue and EPS for Q3 2024, highlighting performance metrics in relation to Wall Street estimates and year-ago figures.

Why It Matters - Comparison of First Foundation's revenue and EPS against Wall Street estimates and prior year figures signals performance trends, influencing investor sentiment and stock valuation.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - First Foundation (FFWM) reported Q3 earnings of $0.04 per share, surpassing the Zacks Consensus Estimate of a loss of $0.29. This is a slight decrease from $0.05 per share a year prior.

Why It Matters - First Foundation's earnings beat estimates, signaling stronger performance than expected and potential growth, which can positively influence investor confidence and stock price.

...

FFWM Frequently asked questions

The highest forecasted price for FFWM is $9 from Gary Tenner at DA Davidson.

The lowest forecasted price for FFWM is $7 from David Chiaverini from Wedbush

The FFWM analyst ratings consensus are 1 buy ratings, 4 hold ratings, and 0 sell ratings.