First American Financial "While we are positive on the longer-term outlook, we expect industry mortgage volumes to trend down over the next 12-18 months," Keefe, Bruyette & Woods analysts wrote in a March 1 report. "Over the long-term, we believe strong title insurers, such as FAF, should provide an attractive way to get exposure to a recovery in the purchase mortgage market." Shares of First American Financial hit a 52-week high Friday of $17.30. The stock's 52-week low of $10.51 was set on Nov. 25. First American Financial's forward P/E is 14.23; the average for property and casualty insurance companies is 15.66. For comparison, Progressive ( PGR) has a lower forward P/E of 13.46. Two of the four analysts who cover First American Financial rated it hold. One analyst gave the stock a buy rating and another rated it hold. TheStreet Ratings gives First American Financial a C grade and hold rating. The stock has risen 34.49% year to date. -- Written by Alexandra Zendrian >To contact the writer of this article, click here: Alexandra Zendrian >To submit a news tip, send an email to: firstname.lastname@example.org. >To follow the writer on Twitter, go to Alexandra Zendrian.