Finance of America Companies Inc.

Equities

FOA

US31738L1070

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
0.4931 ^USD	+7.20%		-20.49%	-55.17%

Mar. 27	UBS Adjusts Finance of America Price Target to $1.50 From $1.40, Maintains Buy Rating	MT
Mar. 06	Transcript : Finance Of America Companies Inc., Q4 2023 Earnings Call, Mar 06, 2024

Finance Of America Companies Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 07, 2023 at 04:01 pm EST

Finance Of America Companies Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 65.36 million compared to USD 84.49 million a year ago.
For the nine months, net loss was USD 141.45 million compared to USD 133.66 million a year ago.

Latest news about Finance of America Companies Inc.

UBS Adjusts Finance of America Price Target to $1.50 From $1.40, Maintains Buy Rating	Mar. 27	MT
Transcript : Finance Of America Companies Inc., Q4 2023 Earnings Call, Mar 06, 2024	Mar. 06
Earnings Flash (FOA) FINANCE OF AMERICA COMPANIES Posts Q4 Revenue $276M	Mar. 06	MT
Finance of America Companies Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 06	CI
Finance of America Companies Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 06	CI
Finance of America Gets NYSE Listing Requirement Notice	Feb. 16	MT
UBS Initiates Coverage on Finance of America Companies With Buy Rating, $1.40 Price Target	Dec. 06	MT
Raymond James Adjusts Price Target on Finance of America to $2 From $2.25, Maintains Outperform Rating	Nov. 17	MT
Transcript : Finance Of America Companies Inc., Q3 2023 Earnings Call, Nov 07, 2023	Nov. 07
Finance Of America Companies Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Finance of America Companies Inc. Expands Reach of Second Lien Reverse Mortgage to Allow More Homeowners 55 and Older to Access Home Equity	23-10-23	CI
Finance of America Companies Inc. Announces Chief Financial Officer Changes, effective as of October 13, 2023	23-10-02	CI
Raymond James Adjusts Finance of America Price Target to $2.25 From $2.50, Maintains Outperform Rating	23-08-30	MT
Credit Suisse Reinstates Finance of America Companies at Neutral	23-08-16	MT
Transcript : Finance Of America Companies Inc., Q2 2023 Earnings Call, Aug 08, 2023	23-08-08
Finance Of America Companies Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-08	CI
Essent Group Closes Acquisition of US-Based Title Insurance Operations	23-07-10	MT
Finance Of America Companies Inc.(NYSE:FOA) dropped from Russell 2000 Value-Defensive Index	23-06-23	CI
Finance Of America Companies Inc.(NYSE:FOA) dropped from Russell 2000 Defensive Index	23-06-23	CI
Transcript : Finance Of America Companies Inc., Q1 2023 Earnings Call, May 08, 2023	23-05-08
Finance Of America Companies Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-08	CI
Wall Street Set to Open Modestly Lower; Jobless Claims Higher Than Expected	23-04-06	MT
Finance of America Names Graham Fleming as Chief Executive, Promotes Kristen Sieffert as President	23-04-03	MT
Finance Of America Companies Inc. Promotes Kristen Sieffert to President, Effective April 5, 2023	23-04-03	CI
Finance Of America Companies Inc. Names Graham A. Fleming as Its Chief Executive Officer, Effective April 5, 2023	23-04-03	CI

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Company Profile

Finance of America Companies Inc. offers retirement solutions platform that provides customers with access to a range of retirement offerings centered on the home. In addition, it offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. It has two segments: Retirement Solutions and Portfolio Management. Retirement Solutions segment includes all loan origination activity for the Company, including the origination of home equity conversion mortgages, proprietary reverse mortgage loans, and hybrid mortgage loans through both the retail and wholesale/ third-party originator channels. Portfolio Management segment provides product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services for the Company. It uses a combination of proprietary and third-party intellectual property, such as owned or licensed trademarks, trademark applications and domain names.

Sector

Investment Management & Fund Operators

Calendar

2024-05-05 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Ratings for Finance of America Companies Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.4931 USD

Average target price

1.75 USD

Spread / Average Target

+254.90%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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