Finance of America Companies (NYSE:FOA) Stock Rating Raised to “Hold” at Zacks Research

Zacks Research upgraded shares of Finance of America Companies (NYSE:FOA) from a strong sell rating to a hold rating in a report published on Monday morning,Zacks reports.

FOA has been the topic of a number of other research reports. Wall Street Zen raised shares of Finance of America Companies from a “sell” rating to a “hold” rating in a report on Saturday, October 3rd. B. Riley Financial reaffirmed a “buy” rating and set a $32.00 price objective (up from $25.00) on shares of Finance of America Companies in a report on Wednesday, August 5th. Alliance Global Partners initiated coverage on shares of Finance of America Companies in a research report on Wednesday, July 22nd. They issued a “buy” rating and a $30.00 target price for the company. Finally, Weiss Ratings lowered shares of Finance of America Companies from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Finance of America Companies has an average rating of “Hold” and a consensus target price of $30.50.

Finance of America Companies Stock Down 2.3%

FOA stock opened at $10.70 on Monday. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 60.78. The company’s 50 day moving average is $13.82 and its 200 day moving average is $19.31. The stock has a market cap of $185.15 million, a price-to-earnings ratio of -3.55 and a beta of 1.77. Finance of America Companies has a 1-year low of $10.04 and a 1-year high of $29.79.

Finance of America Companies (NYSE:FOA) last announced its earnings results on Tuesday, November 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.26 by ($0.98). Finance of America Companies had a negative net margin of 0.10% and a positive return on equity of 28.39%. The company had revenue of $89.00 million for the quarter, compared to the consensus estimate of $132.34 million. Sell-side analysts predict that Finance of America Companies will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling

In other Finance of America Companies news, CIO Jeremy Prahm sold 6,000 shares of Finance of America Companies stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $13.20, for a total transaction of $79,200.00. Following the transaction, the executive directly owned 155,856 shares of the company’s stock, valued at approximately $2,057,299.20. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 43,110 shares of company stock worth $729,971 in the last quarter. 35.37% of the stock is owned by company insiders.

Institutional Investors Weigh In On Finance of America Companies

Institutional investors have recently made changes to their positions in the business. Prescott Group Capital Management L.L.C. lifted its stake in Finance of America Companies by 17.8% in the third quarter. Prescott Group Capital Management L.L.C. now owns 66,206 shares of the company’s stock worth $837,000 after purchasing an additional 10,000 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Finance of America Companies during the second quarter valued at about $240,000. First Trust Advisors LP grew its stake in shares of Finance of America Companies by 43.7% during the first quarter. First Trust Advisors LP now owns 17,210 shares of the company’s stock valued at $286,000 after buying an additional 5,236 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Finance of America Companies by 56.7% during the first quarter. Dimensional Fund Advisors LP now owns 102,061 shares of the company’s stock valued at $1,694,000 after buying an additional 36,929 shares during the last quarter. Hedge funds and other institutional investors own 97.20% of the company’s stock.

Finance of America Companies News Summary

Here are the key news stories impacting Finance of America Companies this week:

• Positive Sentiment: Management projected a $4–$5 adjusted EPS run rate in the second half of 2027, with margins expected to normalize in the first half. That forecast offers a potential longer-term recovery signal, though it depends on future margin improvement. Article: Finance of America forecasts adjusted EPS
• Positive Sentiment: Reports highlighted growth in origination volume and FOA’s position in the reverse-mortgage market, providing some support for its business outlook. Article: Finance of America earnings
• Positive Sentiment: Zacks Research raised its rating on FOA from “strong sell” to “hold”—an improvement, although not an outright buy recommendation. Zacks Research ratings
• Negative Sentiment: FOA reported third-quarter EPS of $0.28, well below the $1.26 consensus estimate and down from $1.33 a year earlier. Revenue of $89 million also missed expectations of $132.34 million; a separate report said the company posted a $110 million loss. The earnings and revenue misses are the clearest near-term negatives. Article: FOA misses Q3 earnings and revenue estimates

Finance of America Companies Company Profile

Finance of America Companies Inc (NYSE:FOA) is a financial services company focused on helping homeowners access and manage home equity. Its primary business is conducted through Finance of America Reverse, which provides reverse mortgage products and related services to older homeowners.

The company offers federally insured Home Equity Conversion Mortgages (HECMs), proprietary reverse mortgage products and reverse mortgage refinancing solutions. These products generally allow eligible homeowners to convert a portion of their home equity into funds while continuing to live in their homes, subject to applicable loan terms, taxes, insurance and maintenance requirements.