First Foundation Inc (NYSE:FFWM) price on Friday, April 11, rose 0.65% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.64.
A look at the stock’s price movement, the close in the last trading session was $4.61, moving within a range at $4.45 and $4.685. The beta value (5-Year monthly) was 1.194. Turning to its 52-week performance, $8.52 and $4.41 were the 52-week high and 52-week low respectively. Overall, FFWM moved -1.49% over the past month.
First Foundation Inc’s market cap currently stands at around $382.17 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-29. The company has a Forward Dividend ratio of 0.01, with its dividend yield at 0.22%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 64.19M for the company’s revenue for the quarter, with a low and high estimate of 62M and 65.6M respectively. The average forecast suggests up to a 25.68% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 278.5M, representing a 18.87% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FFWM is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 0 recommend FFWM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
FFWM’s current price about -5.29% and -7.17% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.15, while 7-day volatility ratio is 9.95% and 5.73% in the 30-day chart. Further, First Foundation Inc (FFWM) has a beta value of 1.03, and an average true range (ATR) of 0.31. Analysts have given the company’s stock an average 52-week price target of $9, forecast between a low of $5 and high of $12. Looking at the price targets, the low is -7.76% off current price level while to achieve the yearly target high, price needs to move -158.62%. Nonetheless, investors will most likely welcome a -93.97% jump to $9 which is the analysts’ median price.
If we refocus on First Foundation Inc (NYSE:FFWM), historical trading data shows that trading volumes averaged 1.21 over the past 10 days and 652.03K over the past 3 months. The company’s latest data on shares outstanding shows there are 82.37 million shares.
The 13.38% of First Foundation Inc’s shares are in the hands of company insiders while institutional holders own 77.16% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.9 million on 2025-03-14, giving us a short ratio of 5.26. The data shows that as of 2025-03-14 short interest in First Foundation Inc (FFWM) stood at 374.0 of shares outstanding, with shares short rising to 2.41 million registered in 2025-02-14. Current price change has pushed the stock -25.28% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FFWM stock continues to rise going into the next quarter.
