Finance Of America Stock Today
| FOA Stock | USD 0.50 0.01 1.94% |
Performance0 of 100
| Odds Of DistressOver 88
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Finance Of is trading at 0.5001 as of the 24th of April 2024, a -1.94 percent decrease since the beginning of the trading day. The stock's open price was 0.51. Finance Of has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Finance of America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 18th of April 2019 | Classification Financials |
Finance of America Companies Inc. operates a consumer lending platform in the United States. The company was founded in 2013 and is based in Irving, Texas. Finance Of operates under Credit Services classification in the United States and is traded on New York Stock Exchange. The company has 96.56 M outstanding shares of which 1 M shares are currently shorted by investors with about 10.36 days to cover. More on Finance of America
Moving together with Finance Stock
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Moving against Finance Stock
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| 0.74 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
| 0.73 | ALCY | Alchemy Investments | PairCorr |
| 0.68 | CGBD | Carlyle Secured Lending Financial Report 14th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
Finance Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Finance Of's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Finance Of or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Patricia Cook | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NYSE Composite, Financials, Capital Markets, Credit Services, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Finance Of report their recommendations after researching Finance Of's financial statements, talking to executives and customers, or listening in on Finance Of's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Finance of America. The Finance consensus assessment is calculated by taking the average forecast from all of the analysts covering Finance Of. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Finance Of's historical financial statements, Finance of America is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Finance of America is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Finance Of's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Finance Of's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Finance Of's financial leverage. It provides some insight into what part of Finance Of's total assets is financed by creditors.
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Finance of America (FOA) is traded on New York Stock Exchange in USA. It is located in 5830 Granite Parkway, Plano, TX, United States, 75024 and employs 933 people. Finance Of is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 49.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Finance Of's market, we take the total number of its shares issued and multiply it by Finance Of's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Finance of America runs under Capital Markets sector within Financials industry. The entity has 96.56 M outstanding shares of which 1 M shares are currently shorted by investors with about 10.36 days to cover.
Finance of America has about 97.36 M in cash with (71.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.38, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Finance Of Probability Of Bankruptcy
Ownership AllocationFinance of America retains a total of 96.56 Million outstanding shares. Over half of Finance Of's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Finance Of. Please watch out for any change in the institutional holdings of Finance of America as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Finance Ownership Details
Finance Stock Price Odds Analysis
What are Finance Of's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Finance Of jumping above the current price in 90 days from now is close to 99%. The Finance of America probability density function shows the probability of Finance Of stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.2468. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Finance Of will likely underperform. Additionally, finance of America has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Finance Of to move above the current price in 90 days from now is close to 99 (This Finance of America probability density function shows the probability of Finance Stock to fall within a particular range of prices over 90 days) .
Finance Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Finance Of that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Finance Of's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Finance Of's value.| Instituion | Recorded On | Shares | |
| Bank Of New York Mellon Corp | 2023-12-31 | 147.1 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 141.1 K | |
| Bank Of America Corp | 2023-12-31 | 114.1 K | |
| Renaissance Technologies Corp | 2023-12-31 | 113.8 K | |
| Hightower Advisors, Llc | 2023-12-31 | 97.5 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 77.4 K | |
| Barclays Plc | 2023-12-31 | 73.9 K | |
| Ubs Group Ag | 2023-12-31 | 71.7 K | |
| Rhumbline Advisers | 2023-12-31 | 70.2 K | |
| Blackstone Inc | 2023-12-31 | 32.1 M | |
| Cooperman Leon G | 2023-12-31 | 6 M |
Finance Of Historical Income Statement
Finance of America Income Statement is one of the three primary financial statements used for reporting Finance's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Finance of America revenue and expense. Finance Of Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Finance Of's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 1.5 B, whereas Interest Expense is forecasted to decline to about 112.8 M. View More FundamentalsFinance Stock Against Markets
Picking the right benchmark for Finance Of stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Finance Of stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Finance Of is critical whether you are bullish or bearish towards Finance of America at a given time. Please also check how Finance Of's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Finance Of without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
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Finance Of Corporate Management
Elected by the shareholders, the Finance Of's board of directors comprises two types of representatives: Finance Of inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Finance. The board's role is to monitor Finance Of's management team and ensure that shareholders' interests are well served. Finance Of's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Finance Of's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Graham Fleming | Chief Officer | Profile | |
| Christine Herman | Chief Officer | Profile | |
| Tai Thornock | Chief Accounting Officer | Profile | |
| Norma Corio | Independent Director | Profile | |
| Jeremy Prahm | Chief Investment Officer | Profile | |
| Menes Chee | Independent Director | Profile |
How to buy Finance Stock?
Before investing in Finance Of, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Finance Of. To buy Finance Of stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Finance Of. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Finance Of stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Finance of America stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Finance of America stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Finance of America, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Finance Stock please use our How to Invest in Finance Of guide.
Already Invested in Finance of America?
The danger of trading Finance of America is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Finance Of is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Finance Of. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Finance of America is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Finance of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Finance Of's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Finance Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Finance Of America Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finance of America. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Finance Stock analysis
When running Finance Of's price analysis, check to measure Finance Of's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Finance Of is operating at the current time. Most of Finance Of's value examination focuses on studying past and present price action to predict the probability of Finance Of's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finance Of's price. Additionally, you may evaluate how the addition of Finance Of to your portfolios can decrease your overall portfolio volatility.
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Is Finance Of's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Finance Of. If investors know Finance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Finance Of listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.75) | Revenue Per Share 2.857 | Quarterly Revenue Growth 3.268 | Return On Assets (0.01) | Return On Equity (0.49) |
The market value of Finance of America is measured differently than its book value, which is the value of Finance that is recorded on the company's balance sheet. Investors also form their own opinion of Finance Of's value that differs from its market value or its book value, called intrinsic value, which is Finance Of's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Finance Of's market value can be influenced by many factors that don't directly affect Finance Of's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Finance Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finance Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finance Of's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.