First American Financial Reaches New 52-Week High (FAF) - TheStreet

NEW YORK (

TheStreet

) --

First American Financial

(NYSE:

FAF

) hit a new 52-week high Wednesday as it is currently trading at $17.87, above its previous 52-week high of $17.59 with 12,094 shares traded as of 9:34 a.m. ET. Average volume has been 623,900 shares over the past 30 days.

First American Financial has a market cap of $1.8 billion and is part of the

financial

sector and

insurance

industry. Shares are up 37.2% year to date as of the close of trading on Tuesday.

First American Financial Corporation, through its subsidiaries, provides financial services in the United States and internationally. The company operates in two segments, Title Insurance and Services, and Specialty Insurance. The company has a P/E ratio of 23.3, equal to the average insurance industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates First American Financial as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, deteriorating net income and poor profit margins. You can view the full

First American Financial Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null