Finance Of America Companies Inc. (FOA)
| Market Cap | 96.74M |
| Revenue (ttm) | 52.11M |
| Net Income (ttm) | -198.47M |
| Shares Out | 87.94M |
| EPS (ttm) | -2.55 |
| PE Ratio | n/a |
| Forward PE | 9.09 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 107,978 |
| Open | 1.18 |
| Previous Close | 1.19 |
| Day's Range | 1.10 - 1.20 |
| 52-Week Range | 0.68 - 2.25 |
| Beta | 0.86 |
| Analysts | Strong Buy |
| Price Target | 1.70 (+54.55%) |
| Earnings Date | Nov 7, 2023 |
About FOA
Finance of America Companies Inc. operates a consumer lending platform in the United States. The company operates through five segments: Mortgage Originations, Reverse Originations, Commercial Originations, Lender Services, and Portfolio Management segments. It provides residential mortgage loans to the government sponsored entities; government-insured agricultural lending solutions to farmers; product development, loan securitization, loan sales, risk management, asset management, and servicing oversight services to enterprise and third-party ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for FOA stock is "Strong Buy." The 12-month stock price forecast is $1.7, which is an increase of 54.55% from the latest price.
News
Finance of America Receives Continued Listing Standard Notice from the NYSE
PLANO, Texas--(BUSINESS WIRE)--The New York Stock Exchange (the “NYSE”) requires that companies with shares listed on the NYSE comply with the NYSE's continued listed standards. The NYSE's continued l...
Finance of America Reports Third Quarter 2023 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a modern retirement solutions platform, reported financial results for the quarter...
Finance of America Announces Third Quarter Earnings Release and Conference Call on November 7, 2023
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a modern retirement solutions platform, today announced that it will release financial results for ...
Finance of America Expands Reach of Second Lien Reverse Mortgage to Allow More Homeowners 55 and Older to Access Home Equity
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a modern retirement solutions platform, announced today the expanded launch of its HomeSafe Second ...
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Concerns about Household Finances Remain High as 8 out of 10 Homeowners are Anxious about U.S. Economy, According to New Research from FAR
SAN DIEGO--(BUSINESS WIRE)--Finance of America Reverse LLC (“FAR”), a leading provider of reverse mortgages and part of Finance of America's (NYSE: FOA) modern retirement solutions platform, today pub...
Finance of America Reports Second Quarter 2023 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a modern retirement solutions platform, reported financial results for the quarter...
Finance of America Announces Second Quarter Earnings Release and Conference Call on August 8, 2023
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a modern retirement solutions platform, today announced that it will release results for the second...
Finance of America Issues Statement on the Sale of Incenter's Title Insurance Business
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a modern retirement solutions platform, issued the following statement today from FOA Chief Execu...
Finance of America Reports First Quarter 2023 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc., (“Finance of America” or the “Company”) (NYSE: FOA), a modern retirement solutions platform, reported financial results for the quarte...
Finance of America Establishes New Reporting Segments
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”) today announced changes to its financial reporting segments, effective for the quarter ended March...
Finance of America Announces First Quarter Earnings Release and Conference Call on May 8, 2023
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a leading specialty finance solutions platform, today announced that it will release results for th...
Finance of America Marks New Chapter in its Strategic Vision to Create Modern Retirement Solutions Centered on the Home
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”) today announced a new chapter in the Company's strategy to create a retirement solutions platform ...
Roc360 Expands its Leading Portfolio of Brands with Acquisition of Finance of America Commercial Through Asset Sale
NEW YORK , March 14, 2023 /PRNewswire/ -- Roc Capital Holdings LLC ("Roc360"), a vertically integrated platform for residential real estate investors and a leading originator of business purpose loans...
Finance of America Reports Fourth Quarter and Full Year 2022 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc., (“Finance of America” or the “Company”) (NYSE: FOA), a leading specialty finance and solutions platform, reported financial results fo...
Finance of America Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call on March 13, 2023
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a leading specialty finance solutions platform, today announced that it will release results for th...
Finance of America Issues Statement on the Proposed Sale of Commercial Lending Business
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from FOA...
Finance of America Issues Statement on the Proposed Sale of Incenter's Title Insurance Business
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a leading specialty finance and solutions platform, issued the following statement today from F...
Essent Enters into Agreement to Acquire Title Insurance Operations
HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. (NYSE: ESNT) announced today that it has entered into an agreement through its subsidiary Essent US Holdings, Inc. to acquire Agents National Ti...
FAR Launches HomeSafe Second: The Only Second-Lien Reverse Mortgage Product Empowering Older Americans to Tap Home Equity Without Making Monthly Payments
SAN DIEGO--(BUSINESS WIRE)--Millions of older Americans have, in recent years, secured or refinanced their mortgages into record-low interest rates compared to today's higher rates. Many of these ho...
Finance of America to Acquire Assets of Reverse Mortgage Lender AAG
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (“FOA” or the “Company”), a leading specialty finance and solutions platform, today announced it will acquire assets of A...
Finance of America Reports Third Quarter 2022 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc., (“Finance of America” or the “Company”) (NYSE: FOA), a customer focused, consumer and specialty lending business, reported financial r...
Finance of America Announces Third Quarter 2022 Earnings Release and Conference Call on November 9, 2022
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America”) (NYSE: FOA), a leading specialty finance solutions platform, today announced that it will release results for th...
Finance of America Sharpens Focus on Specialty Finance and Services Business, Plans to Discontinue Forward Mortgage Originations
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (NYSE: FOA) (the “Company” or “FOA”), a leading specialty finance solutions platform, today announced its decision to discontinue the o...
Finance of America Reverse and Morningstar Collaborate to Educate Financial Advisors about Reverse Mortgages
SAN DIEGO--(BUSINESS WIRE)--Finance of America Reverse (FAR), a leading retirement mortgage solutions innovator, today announced an agreement with Morningstar, Inc., a leading provider of independent ...