Finance of America Companies (NYSE:FOA) Issues Quarterly Earnings Results

Finance of America Companies (NYSE:FOA) issued its earnings results on Tuesday. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.04, Zacks reports. The company had revenue of $73.51 million during the quarter, compared to analysts’ expectations of $109.45 million.

Here are the key takeaways from Finance of America Companies’ conference call:

• Finance of America delivered a strong 2025 operating performance with GAAP net income of $110M ($5.04/sh), adjusted net income of $74M ($3.04/sh), and Adjusted EBITDA of $143M, and management reiterated 2026 guidance of $4.25–$4.75 adjusted EPS with expected volume growth of 15%–25% to $2.8B–$3.1B.
• Management highlighted meaningful operational improvements from technology and AI — its “Joy” ambassador is generating >5x the conversion of the prior call center and early 2026 digital metrics show doubled pre-qual engagement and large gains in speed-to-application and submission rates, implying lower acquisition costs and better scalability.
• The company strengthened its capital position via a $50M preferred equity investment, a $40M convertible note, completion of the Blackstone buyback, and expects to close the PHH servicing portfolio acquisition in Q2 while targeting to retire the $150M corporate debt in 2026 to further deleverage the balance sheet.
• GAAP results remain volatile — the company reported a Q4 GAAP loss of $21M driven by non‑cash fair value movements of residual assets and sensitivity to interest rates/spreads, which could continue to cause near-term GAAP earnings swings despite resilient adjusted cash earnings.

Finance of America Companies Trading Up 3.1%

FOA stock traded up $0.54 during trading on Wednesday, reaching $18.14. 73,058 shares of the stock traded hands, compared to its average volume of 85,781. The business’s 50 day moving average price is $22.02 and its 200-day moving average price is $23.04. Finance of America Companies has a 52-week low of $16.58 and a 52-week high of $29.58. The company has a debt-to-equity ratio of 51.28, a current ratio of 2.64 and a quick ratio of 2.64. The firm has a market capitalization of $143.13 million, a PE ratio of -6.82 and a beta of 1.65.

Analysts Set New Price Targets

FOA has been the topic of several research analyst reports. UBS Group set a $29.50 price target on Finance of America Companies and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Wall Street Zen cut Finance of America Companies from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Finance of America Companies in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Finance of America Companies currently has a consensus rating of “Hold” and a consensus price target of $29.75.

Insider Transactions at Finance of America Companies

In other news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Tai A. Thornock sold 1,100 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $24.58, for a total transaction of $27,038.00. Following the sale, the chief accounting officer directly owned 10,650 shares of the company’s stock, valued at approximately $261,777. This trade represents a 9.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 3,195,234 shares of company stock worth $31,993,357 in the last three months. 25.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Finance of America Companies

Several institutional investors have recently bought and sold shares of the business. First Trust Advisors LP acquired a new stake in shares of Finance of America Companies in the third quarter worth $368,000. XTX Topco Ltd acquired a new position in shares of Finance of America Companies during the 4th quarter valued at $327,000. Bridgeway Capital Management LLC purchased a new stake in Finance of America Companies during the 4th quarter worth $207,000. Verition Fund Management LLC purchased a new stake in Finance of America Companies during the 4th quarter worth $201,000. Finally, Barclays PLC increased its holdings in Finance of America Companies by 23.9% in the 4th quarter. Barclays PLC now owns 7,907 shares of the company’s stock valued at $191,000 after purchasing an additional 1,525 shares in the last quarter. 97.20% of the stock is currently owned by hedge funds and other institutional investors.

Finance of America Companies Company Profile

Finance of America Companies (NYSE: FOA) is a diversified nonbank financial services firm specializing in mortgage and insurance products for consumers. The company operates across multiple business segments, delivering home financing solutions, retirement products and specialized lending services through a blend of digital and traditional distribution channels.

In its mortgage segment, FOA originates and purchases a range of home loans including purchase, refinance, FHA, VA and USDA loans.