first american title insurance company provides comprehensive title insurance protection and professional settlement services for homebuyers and sellers, real estate agents and brokers, mortgage lenders, commercial property professionals, homebuilders and developers, title agencies and legal professionals to facilitate real estate purchases, construction, refinances or equity loans. first american's thorough title searches, title clearance and title insurance policies help to produce clear property titles and enable the efficient transfer of real estate. as one of the largest title insurance companies in the nation, first american offers title insurance and settlement services through its direct operations and an extensive network of agents throughout the united states and internationally. first american title insurance company traces its history to 1889 and is the largest subsidiary of first american financial corporation (nyse: faf).
Company profile
Ticker
FAF
Exchange
Website
CEO
Dennis Gilmore
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Data Trace Information Services LLC • FATCO Holdings, LLC • FCT Holdings Company Ltd. • FCT Insurance Company Ltd. • First American Data Co., LLC • First American Data Tree LLC • First American Exchange Company, LLC • First American Home Warranty Corporation • First American Property & Casualty Insurance Company • First American ServiceMac Holdings, LLC ...
IRS number
261911571
FAF stock data
Latest filings (excl ownership)
8-K
FIRST AMERICAN FINANCIAL REPORTS first quarter 2024 results
24 Apr 24
ARS
2023 FY
Annual report to shareholders
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
10-K
2023 FY
Annual report
20 Feb 24
8-K
FIRST AMERICAN FINANCIAL REPORTS Results
7 Feb 24
8-K/A
1.05
12 Jan 24
8-K/A
1.05
29 Dec 23
8-K
1.05
22 Dec 23
8-K
Amendments to Articles of Incorporation or Bylaws
9 Nov 23
S-8
Registration of securities for employees
26 Oct 23
Transcripts
FAF
Earnings call transcript
2024 Q1
25 Apr 24
FAF
Earnings call transcript
2023 Q4
8 Feb 24
FAF
Earnings call transcript
2023 Q3
26 Oct 23
FAF
Earnings call transcript
2023 Q2
27 Jul 23
FAF
Earnings call transcript
2023 Q1
27 Apr 23
FAF
Earnings call transcript
2022 Q4
9 Feb 23
FAF
Earnings call transcript
2022 Q3
27 Oct 22
FAF
Earnings call transcript
2022 Q2
28 Jul 22
FAF
Earnings call transcript
2022 Q1
28 Apr 22
FAF
Earnings call transcript
2021 Q4
10 Feb 22
Latest ownership filings
13F-HR/A
Quarterly holdings report by institutional manager (amended)
12 Apr 24
SC 13G/A
VANGUARD GROUP INC
10 Apr 24
4
Matthew F. Wajner
26 Feb 24
4
Mark Edward Seaton
26 Feb 24
4
DENNIS J GILMORE
26 Feb 24
4
KENNETH D DEGIORGIO
26 Feb 24
4
Lisa W Cornehl
26 Feb 24
4
Steven a Adams
26 Feb 24
4
MARTHA B WYRSCH
26 Feb 24
4
Marsha A Spence
26 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.58 bn | 1.58 bn | 1.58 bn | 1.58 bn | 1.58 bn | 1.58 bn |
Cash burn (monthly) | 222.27 mm | 65.18 mm | 566.67 k | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.53 bn | 448.48 mm | 3.90 mm | n/a | n/a | n/a |
Cash remaining | 49.66 mm | 1.13 bn | 1.58 bn | n/a | n/a | n/a |
Runway (months of cash) | 0.2 | 17.3 | 2779.8 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
84.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 361 |
Opened positions | 54 |
Closed positions | 34 |
Increased positions | 112 |
Reduced positions | 132 |
13F shares | Current |
---|---|
Total value | 4.93 tn |
Total shares | 87.35 mm |
Total puts | 12.10 k |
Total calls | 20.50 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 10.13 mm | $572.12 bn |
BLK Blackrock | 9.59 mm | $541.79 bn |
FMR | 9.27 mm | $523.52 bn |
HG Vora Capital Management | 7.50 mm | $423.68 bn |
Ariel Investments | 3.65 mm | $206.23 bn |
Boston Partners | 3.17 mm | $178.99 bn |
STT State Street | 3.15 mm | $177.71 bn |
Dimensional Fund Advisors | 2.96 mm | $167.47 bn |
Charles Schwab Investment Management | 2.67 mm | $150.91 bn |
T. Rowe Price Investment Management | 2.40 mm | $135.35 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Feb 24 | Matthew F. Wajner | Common Stock | Payment of exercise | Dispose F | No | No | 57.67 | 443 | 25.55 k | 31,751 |
22 Feb 24 | Matthew F. Wajner | Common Stock | Grant | Acquire A | No | No | 0 | 2,933 | 0.00 | 32,194 |
22 Feb 24 | Mark Edward Seaton | Common Stock | Payment of exercise | Dispose F | No | No | 57.67 | 5,395 | 311.13 k | 193,870.315 |
22 Feb 24 | Mark Edward Seaton | Common Stock | Grant | Acquire A | No | No | 0 | 21,414 | 0.00 | 199,265.315 |
22 Feb 24 | Dennis J Gilmore | Common Stock | Grant | Acquire A | No | No | 0 | 2,601 | 0.00 | 594,013 |
22 Feb 24 | Kenneth D Degiorgio | Common Stock | Payment of exercise | Dispose F | No | No | 57.67 | 7,703 | 444.23 k | 330,065 |
22 Feb 24 | Kenneth D Degiorgio | Common Stock | Grant | Acquire A | No | No | 0 | 45,517 | 0.00 | 337,768 |
22 Feb 24 | Lisa W Cornehl | Common Stock | Payment of exercise | Dispose F | No | No | 57.67 | 427 | 24.63 k | 18,573.96 |
22 Feb 24 | Lisa W Cornehl | Common Stock | Grant | Acquire A | No | No | 0 | 6,734 | 0.00 | 19,000.96 |
News
Peeling Back The Layers: Exploring First American Financial Through Analyst Insights
25 Apr 24
Stephens & Co. Reiterates Overweight on First American Financial, Maintains $72 Price Target
25 Apr 24
First American Financial Q1 2024 Adj EPS $0.45 Misses $0.59 Estimate, Sales $1.425B Miss $1.430B Estimate
24 Apr 24
(FAF) - Analyzing First American Financial's Short Interest
23 Apr 24
(FAF) - Analyzing First American Financial's Short Interest
25 Mar 24
Press releases
First American Financial Reports First Quarter 2024 Results
24 Apr 24
House Price Growth Continues to Cool in March, According to First American Data & Analytics Monthly Home Price Index Report
16 Apr 24
Houston-The Woodlands-Sugar Land Home Prices Up 5.3% Year Over Year in March, According to First American Data & Analytics Monthly Home Price Index Report
16 Apr 24
First American Financial Announces First Quarter 2024 Earnings Conference Call
8 Apr 24
First American Named One of the Fortune 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for Ninth Year in a Row
4 Apr 24