First Foundation Inc

Company Profile

First Foundation Inc had its IPO on 2014-11-03 under the ticker symbol FFWM.

The company operates in the Financial Services sector and Banks-Regional industry. First Foundation Inc has a staff strength of 713 employees.

Stock update

Shares of First Foundation Inc opened at $8 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $7.38 - $8.07, and closed at $7.43.

This is a -6.54% slip from the previous day's closing price.

A total volume of 1,525,134 shares were traded at the close of the day’s session.

In the last one week, shares of First Foundation Inc have slipped by -0.54%.

First Foundation Inc's Key Ratios

First Foundation Inc has a market cap of $458.47 million, indicating a price to book ratio of 0.6926 and a price to sales ratio of 2.1891.

In the last 12-months First Foundation Inc’s revenue was $366.39 million with a gross profit of $366.39 million and an EBITDA of $0. The EBITDA ratio measures First Foundation Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First Foundation Inc’s operating margin was 40.89% while its return on assets stood at 0.95% with a return of equity of 10.05%.

In Q4, First Foundation Inc’s quarterly earnings growth was a negative -39.7% while revenue growth was a positive 12.3%.

First Foundation Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

4.1603

PEG

2.8

Its diluted EPS in the last 12-months stands at $1.84 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.8. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First Foundation Inc’s profitability.

First Foundation Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.1891.

First Foundation Inc stock pays annual dividends of $0.44 per share, indicating a yield of 5.53% and a payout ratio of 22%.

Balance sheet and cash flow metrics

Total Assets

$13.01 billion

Total Liabilities

$0

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

22%

First Foundation Inc ended 2023 with $13.01 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.01 billion while shareholder equity stood at $1.13 billion.

First Foundation Inc ended 2023 with $0 in deferred long-term liabilities, $0 in other current liabilities, 56000.00 in common stock, $426.66 million in retained earnings and $0 in goodwill. Its cash balance stood at $656.49 million and cash and short-term investments were $882.65 million. The company’s total short-term debt was $0 while long-term debt stood at $1.37 billion.

First Foundation Inc’s total current assets stands at $893.84 million while long-term investments were $1.09 billion and short-term investments were $226.16 million. Its net receivables were $0 compared to accounts payable of $147.25 million and inventory worth $0.

In 2023, First Foundation Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, First Foundation Inc paid $0.22 in dividends in 2023.

Other key metrics

Current Trading Price

$7.43

52-Week High

$24.115

52-Week Low

$6.51

Analyst Target Price

$17.6

First Foundation Inc stock is currently trading at $7.43 per share. It touched a 52-week high of $24.115 and a 52-week low of $24.115. Analysts tracking the stock have a 12-month average target price of $17.6.

Its 50-day moving average was $13.11 and 200-day moving average was $16.39 The short ratio stood at 1.07 indicating a short percent outstanding of 0%.

Around 1090.5% of the company’s stock are held by insiders while 7048.4% are held by institutions.