American Financial Intrinsic Stock Value – Commonwealth Equity Services LLC Invests $622000 in First American Financial Co.
June 3, 2023
🌥️Trending News
Commonwealth Equity Services LLC has recently invested $622000 in First American Financial ($NYSE:AFG) Co. According to Defense World, the company now holds a stock position of $622000 in First American Financial Co. First American Financial Co., also known as AMERICAN FINANCIAL, is a publicly traded financial services company that provides personal and commercial insurance, banking, mortgages, securities brokerage and other related services. The company has operations in the United States, Canada, Mexico, and the United Kingdom. This move signals the company’s commitment to investing in blue-chip companies with strong fundamentals and long-term potential.
Market Price
On Friday, Commonwealth Equity Services LLC made a significant investment into First American Financial Co. The stock opened at $113.2 and closed at $113.8, representing a 0.5% increase from its last closing price of $113.3. This investment of $622000 signals the confidence institutional investors have in the future prospects of First American Financial Co. Going forward, this increased activity can be expected to have a positive effect on the overall performance of the AMERICAN FINANCIAL stock. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for American Financial. More…
| Total Revenues | Net Income | Net Margin |
| 7.06k | 820 | 11.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for American Financial. More…
| Operations | Investing | Financing |
| 1.15k | -1.05k | -1.36k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for American Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 28.48k | 24.54k | 46.26 |
Key Ratios Snapshot
Some of the financial key ratios for American Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.0% | – | 15.7% |
| FCF Margin | ROE | ROA |
| 16.3% | 17.3% | 2.4% |
Analysis – American Financial Intrinsic Stock Value
At GoodWhale, we recently conducted an analysist of AMERICAN FINANCIAL‘s fundamentals. After completing our research, we determined that the fair value of an AMERICAN FINANCIAL share is around $104.0. This figure was calculated using our proprietary Valuation Line. Currently, AMERICAN FINANCIAL’s stock is trading at $113.8, making it a fair price overvalued by 9.4%. More…
Peers
The company’s main competitors are HCI Group Inc, The Hanover Insurance Group Inc, and Donegal Group Inc.
– HCI Group Inc ($NYSE:HCI)
The company’s market cap is 280.02M as of 2022 and its ROE is -1.61%. The company is a provider of healthcare services.
– The Hanover Insurance Group Inc ($NYSE:THG)
The Hanover Insurance Group, Inc., together with its subsidiaries, provides various property and casualty products and services in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers property, automobile liability, workers’ compensation, commercial multi-peril, and surety products to small, medium, and large businesses, including professional service organizations, contractors, real estate firms, retailers, and not-for-profit organizations. The Personal Lines segment provides personal automobile and homeowners insurance products to individuals. The Other segment offers reinsurance products. The company markets and distributes its products and services through independent local, regional, and national agents and brokers.
– Donegal Group Inc ($NASDAQ:DGICA)
As of 2022, Donegal Group Inc has a market cap of 461.86M. It has a return on equity of 0.82%. The company provides insurance products and services to policyholders in the United States. Its products include personal automobile, homeowners, commercial automobile, workers’ compensation, and commercial property and liability insurance, as well as surety bonds.
Summary
Commonwealth Equity Services LLC recently reported a $622000 stock position in First American Financial Co. This is seen as a positive move by analysts, as the company is a leading provider of title insurance and other real estate related services. First American Financial has a long history of strong performance and has continued to be a major player in the financial sector. It has a strong balance sheet and a diverse portfolio that includes investments in mortgage, real estate, and banking services.
In addition, the company has a strong focus on risk management, which is another plus point for investors. The stock market has responded favorably to the news of Commonwealth Equity Services’ investment in First American Financial, with overall stock prices increasing since the announcement. Analysts consider this an encouraging sign for the long-term prospects of the company and its shareholders.
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