First Foundation (FFWM) to Release Quarterly Earnings on Thursday

First Foundation (NASDAQ:FFWM) is expected to post its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect First Foundation to post earnings of $0.03 per share and revenue of $65.63 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

First Foundation Trading Down 2.6 %

Shares of FFWM opened at $6.23 on Wednesday. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.04 and a quick ratio of 0.87. First Foundation has a 12 month low of $4.84 and a 12 month high of $10.72. The stock has a market cap of $513.35 million, a PE ratio of -5.57 and a beta of 1.37. The stock’s 50-day moving average is $6.79 and its two-hundred day moving average is $6.79.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on FFWM shares. StockNews.com cut First Foundation from a “hold” rating to a “sell” rating in a report on Thursday, November 7th. Stephens cut shares of First Foundation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, First Foundation currently has a consensus rating of “Hold” and a consensus target price of $6.75.

About First Foundation

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. It offers a range of deposit products, including personal and business checking accounts, savings accounts, interest-bearing demand deposit accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, commercial term loans, and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits.