First American Financial (NYSE:FAF – Get Free Report) announced its quarterly earnings data on Wednesday. The insurance provider reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.14, Briefing.com reports. The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. First American Financial had a return on equity of 8.17% and a net margin of 3.64%. The company’s revenue was down 2.1% on a year-over-year basis. During the same period last year, the company earned $1.35 earnings per share.
First American Financial Trading Up 0.9 %
Shares of NYSE:FAF traded up $0.51 during trading on Thursday, hitting $57.72. 595,955 shares of the company’s stock traded hands, compared to its average volume of 637,153. First American Financial has a 52 week low of $49.55 and a 52 week high of $65.54. The company has a market cap of $5.99 billion, a price-to-earnings ratio of 27.37 and a beta of 1.28. The company has a 50-day moving average price of $54.86 and a 200-day moving average price of $56.95.
First American Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 10th were issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 3.67%. The ex-dividend date was Monday, June 10th. First American Financial’s dividend payout ratio (DPR) is presently 101.44%.
Analyst Ratings Changes
Check Out Our Latest Stock Report on FAF
About First American Financial
First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Home Warranty segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services internationally.
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