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

Finance of America Companies (NYSE:FOA) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.

Several other equities analysts have also weighed in on FOA. B. Riley Financial restated a “buy” rating and issued a $32.00 price target (up from $25.00) on shares of Finance of America Companies in a research note on Wednesday, August 5th. Alliance Global Partners initiated coverage on Finance of America Companies in a report on Wednesday, July 22nd. They issued a “buy” rating and a $30.00 price objective on the stock. Wall Street Zen upgraded Finance of America Companies from a “sell” rating to a “hold” rating in a research report on Saturday, October 3rd. Finally, Weiss Ratings downgraded Finance of America Companies from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Two equities 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $30.50.

Finance of America Companies Stock Down 2.3%

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

Finance of America Companies (NYSE:FOA) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.98). Finance of America Companies had a positive return on equity of 28.39% and a negative net margin of 0.10%. The firm had revenue of $89.00 million during the quarter, compared to analyst estimates of $132.34 million. On average, research analysts forecast that Finance of America Companies will post 3.87 EPS for the current year.

Insider Buying and Selling at Finance of America Companies

In other news, CIO Jeremy Prahm sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $13.20, for a total value of $79,200.00. Following the transaction, the executive owned 155,856 shares in the company, valued at $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 is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 43,110 shares of company stock valued at $729,971 in the last quarter. Company insiders own 35.37% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio purchased a new stake in Finance of America Companies during the 1st quarter valued at about $90,000. First Trust Advisors LP lifted its stake in Finance of America Companies by 43.7% in the 1st quarter. First Trust Advisors LP now owns 17,210 shares of the company’s stock worth $286,000 after purchasing an additional 5,236 shares in the last quarter. Prescott Group Capital Management L.L.C. boosted its holdings in shares of Finance of America Companies by 17.8% during the 3rd 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. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Finance of America Companies by 56.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 102,061 shares of the company’s stock worth $1,694,000 after purchasing an additional 36,929 shares during the last quarter. 97.20% of the stock is owned by institutional investors and hedge funds.

Finance of America Companies News Roundup

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

About Finance of America Companies

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.