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

NEW YORK ( TheStreet) -- First American Financial (NYSE: FAF) hit a new 52-week high Thursday as it is currently trading at $16.77, above its previous 52-week high of $16.76 with 456,705 shares traded as of 1:15 p.m. ET. Average volume has been 678,500 shares over the past 30 days.

First American Financial has a market cap of $1.49 billion and is part of the financial sector and insurance industry. Shares are up 26.8% year to date as of the close of trading on Wednesday.

First American Financial Corporation, through its subsidiaries, provides various 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 21.8, above the average insurance industry P/E ratio of 17.8 and above the S&P 500 P/E ratio of 17.7.

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, a generally disappointing performance in the stock itself and deteriorating net income. 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

If you liked this article you might like

20 Mid-Cap Dividend Growers Are Blips on My Tracking Radar

20 Mid-Cap Dividend Growers Are Blips on My Tracking Radar

Check Out These 15 Stocks With Solid Dividend Yields

Check Out These 15 Stocks With Solid Dividend Yields

How to Play Rising Treasury Yields

How to Play Rising Treasury Yields

Turn to Insurers for Some Portfolio Insurance

Turn to Insurers for Some Portfolio Insurance

Small-Cap Growth Picks That Are On a Roll

Small-Cap Growth Picks That Are On a Roll