MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. We’d like to share more about how we work and what drives our day-to-day business. FFWM’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
To be included on this list, companies must meet strict eligibility criteria and undergo a comprehensive evaluation process that assesses their performance against key industry benchmarks. This year’s rankings were based on a number of factors, including total assets under management, years in business, who can override a power of attorney and accounts managed. There was no compensation directly or indirectly provided in order to obtain this rating. 4 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for First Foundation in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock.
Price Target and Rating
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Stuart Sopp, Current CEO, joins ‘Fast Money’ to discuss the regional banking crisis and what it means for the fintech space. Upgrade to MarketBeat All Access to add more stocks to your watchlist.
One share of FFWM stock can currently be purchased for approximately $7.56. Click the link below and we’ll send you MarketBeat’s guide to investing in 5G and which 5G stocks show the most promise. Sign-up to receive the latest news and ratings for First Foundation and its competitors with MarketBeat’s FREE daily newsletter. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.
First Foundation Highlights Board’s Response to Economic Environment in Letter to Stockholders
To see all exchange delays and terms of use please see Barchart’s disclaimer. First Foundation announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.02 per share on Thursday, August 17th. This represents a $0.08 dividend on an annualized basis and a yield of 1.06%.
- Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
- U.S. stocks traded mixed, with the Dow Jones gaining around 80 points on Friday.
- In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.
- The scores are based on the trading styles of Value, Growth, and Momentum.
- Style is calculated by combining value and growth scores, which are first individually calculated.
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Banks to Dump Now Before They Go Bust in 2023
The consensus among Wall Street research analysts is that investors should “moderate buy” FFWM shares. First Foundation Advisors provides a wide range of financial planning and investment management services, tailored to meet the unique needs and goals of our clients. With a team of experienced financial professionals, we are dedicated to helping our clients achieve their financial objectives and maintain sound financial health. According to 4 analysts, the average rating for FFWM stock is “Buy.” The 12-month stock price forecast is $12.88, which is an increase of 65.02% from the latest price.
- You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
- The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
- “We are honored to be included on this esteemed list once again,” said Rick Keller, CFP®, Chairman, First Foundation Advisors.
- Royce Quant Small-Cap Quality Value ETF holds 21,136 shares of FFWM stock, representing 0.55% of its portfolio.
- Style is an investment factor that has a meaningful impact on investment risk and returns.
First Foundation Inc., through its subsidiaries, provides banking services, investment advisory, wealth management, and trust services to individuals, businesses, and other organizations in the United States. The company operates in two segments, Banking and Wealth Management. Further, the company provides support services, including the processing and transmission of financial and economic data for charitable organizations.
This Company’s Net Q2 Revenue was 50% higher than its $42 Million Market Cap
It operates through a network of branch offices and loan production offices in California, Florida, Nevada, Texas, and Hawaii. The company was founded in 1985 and is headquartered in Dallas, Texas. It is engaged in providing investment management and financial planning services for high net-worth individuals, retirement plans, charitable institutions, and private foundations. The company focuses on segments namely Banking and Wealth Management.
ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. Royce Quant Small-Cap Quality Value ETF holds 21,136 shares of FFWM stock, representing 0.55% of its portfolio.
Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
Why Shares of KeyCorp, Huntington Bancshares, and First … – The Motley Fool
Why Shares of KeyCorp, Huntington Bancshares, and First ….
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The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. First Foundation’s stock is owned by a variety of retail and institutional investors. Insiders that own company stock include Amy https://1investing.in/ Djou, Christopher M Naghibi, Diane M Rubin, Elizabeth A Pagliarini, John Hakopian, Max Briggs, Mitchell M Rosenberg, Sandra I Coufal, Scott F Kavanaugh, Ulrich E Keller Jr and Ulrich E Keller, Jr. The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
Style is calculated by combining value and growth scores, which are first individually calculated. “We are honored to be included on this esteemed list once again,” said Rick Keller, CFP®, Chairman, First Foundation Advisors. “This recognition is a testament to our team’s unwavering commitment to providing exceptional financial guidance and service to our clients, and we are grateful to have the opportunity to do so.” U.S. stocks traded mixed, with the Dow Jones gaining around 80 points on Friday. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Style is an investment factor that has a meaningful impact on investment risk and returns.
Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Silicon Valley Bank has failed following a run on deposits, after its parent company’s share price crashed a record 60% on Thursday. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
First Foundation saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,820,000 shares, a decrease of 13.8% from the August 15th total of 3,270,000 shares. Based on an average daily volume of 908,300 shares, the days-to-cover ratio is presently 3.1 days. First Foundation’s stock was trading at $14.33 on January 1st, 2023. Since then, FFWM shares have decreased by 47.2% and is now trading at $7.56.