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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.