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 $7.9 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $7.73 - $8.1, and closed at $7.8.

This is a -1.02% slip from the previous day's closing price.

A total volume of 324,233 shares were traded at the close of the day’s session.

In the last one week, shares of First Foundation Inc have slipped by -5.11%.

First Foundation Inc's Key Ratios

First Foundation Inc has a market cap of $276.76 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 $345.72 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 33.96% while its return on assets stood at 0.73% with a return of equity of 7.96%.

In Q1, First Foundation Inc’s quarterly earnings growth was a negative -72.5% while revenue growth was a negative 22.8%.

First Foundation Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

3.1442

PEG

2.8

Its diluted EPS in the last 12-months stands at $1.56 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 1.81% and a payout ratio of 21.88%.

Balance sheet and cash flow metrics

Total Assets

$13.62 billion

Total Liabilities

$136.14 million

Operating Cash Flow

$43.97 million

Capital Expenditure

$2.49 million

Dividend Payout Ratio

21.88%

First Foundation Inc ended 2024 with $13.62 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.62 billion while shareholder equity stood at $1.13 billion.

First Foundation Inc ended 2024 with $0 in deferred long-term liabilities, $136.14 million in other current liabilities, 56000.00 in common stock, $428.96 million in retained earnings and $0 in goodwill. Its cash balance stood at $1.32 billion and cash and short-term investments were $1.54 billion. The company’s total short-term debt was $2,294,600,000 while long-term debt stood at $2.29 billion.

First Foundation Inc’s total current assets stands at $1.54 billion while long-term investments were $1.06 billion and short-term investments were $211.32 million. Its net receivables were $0 compared to accounts payable of $136.14 million and inventory worth $0.

In 2024, First Foundation Inc's operating cash flow was $43.97 million while its capital expenditure stood at $2.49 million.

Comparatively, First Foundation Inc paid $0.22 in dividends in 2024.

Other key metrics

Current Trading Price

$7.8

52-Week High

$21.6299

52-Week Low

$3.76

Analyst Target Price

$8.7

First Foundation Inc stock is currently trading at $7.8 per share. It touched a 52-week high of $21.6299 and a 52-week low of $21.6299. Analysts tracking the stock have a 12-month average target price of $8.7.

Its 50-day moving average was $6.47 and 200-day moving average was $9.11 The short ratio stood at 2.68 indicating a short percent outstanding of 0%.

Around 1090.5% of the company’s stock are held by insiders while 6939.3% are held by institutions.