First Foundation (NASDAQ:FFWM) will be releasing its earnings data before the market opens on Wednesday, January 31st. Analysts expect First Foundation to post earnings of $0.26 per share for the quarter.
First Foundation (FFWM) opened at $19.12 on Monday. The firm has a market cap of $730.53, a P/E ratio of 20.78, a PEG ratio of 2.02 and a beta of 0.66. First Foundation has a 1-year low of $14.17 and a 1-year high of $19.84. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 1.24.
A number of analysts have recently commented on FFWM shares. Zacks Investment Research lowered shares of First Foundation from a “buy” rating to a “hold” rating in a research report on Monday, December 4th. BidaskClub lowered shares of First Foundation from a “hold” rating to a “sell” rating in a research report on Friday. Piper Jaffray Companies reissued a “hold” rating and issued a $20.00 price objective on shares of First Foundation in a research report on Tuesday, January 9th. ValuEngine lowered shares of First Foundation from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, TheStreet raised shares of First Foundation from a “c-” rating to a “b-” rating in a research report on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. First Foundation currently has a consensus rating of “Hold” and a consensus price target of $20.38.
In other news, Chairman Ulrich E. Keller, Jr. sold 10,000 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $18.40, for a total value of $184,000.00. Following the sale, the chairman now owns 20,000 shares of the company’s stock, valued at $368,000. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 18.50% of the company’s stock.
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About First Foundation
First Foundation Inc is a financial services holding company that provides a platform of personalized financial services to high net-worth individuals and their families, family businesses and other affiliated organizations. The Company conducts its operations through its subsidiaries, First Foundation Advisors (FFA) and First Foundation Bank (FFB), and First Foundation Insurance Services (FFIS), a subsidiary of FFB.
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