First Foundation Inc. (NASDAQ:FFWM - Free Report) - Investment analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of First Foundation in a report released on Friday, January 31st. DA Davidson analyst G. Tenner forecasts that the bank will earn $0.06 per share for the quarter. The consensus estimate for First Foundation's current full-year earnings is $0.13 per share. DA Davidson also issued estimates for First Foundation's FY2026 earnings at $0.50 EPS.
Separately, StockNews.com cut shares of First Foundation from a "hold" rating to a "sell" rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $6.75.
Read Our Latest Stock Report on First Foundation
NASDAQ:FFWM opened at $5.15 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 1.80. The stock's 50 day simple moving average is $6.63 and its 200-day simple moving average is $6.78. First Foundation has a 12-month low of $4.84 and a 12-month high of $10.33. The firm has a market cap of $423.77 million, a P/E ratio of -4.59 and a beta of 1.37.
A number of institutional investors and hedge funds have recently modified their holdings of FFWM. Charles Schwab Investment Management Inc. raised its position in First Foundation by 21.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 503,824 shares of the bank's stock worth $3,144,000 after acquiring an additional 90,612 shares during the last quarter. Strategic Value Bank Partners LLC increased its stake in shares of First Foundation by 115.3% during the 3rd quarter. Strategic Value Bank Partners LLC now owns 2,898,343 shares of the bank's stock worth $18,086,000 after purchasing an additional 1,551,861 shares in the last quarter. Geode Capital Management LLC raised its position in shares of First Foundation by 21.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,416,963 shares of the bank's stock worth $8,844,000 after purchasing an additional 249,237 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in First Foundation in the 4th quarter valued at approximately $775,000. Finally, FMR LLC grew its holdings in First Foundation by 20.1% during the 3rd quarter. FMR LLC now owns 6,099,900 shares of the bank's stock valued at $38,063,000 after buying an additional 1,019,484 shares during the last quarter. Institutional investors and hedge funds own 73.10% of the company's stock.
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.
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