FAF - First American Corporation (New) Looks to Continue to Trade Above its Annual-High Share Price Today
First American Corporation (New) (NYSE:FAF) traded today at a new 52-week high of $65.67. This new high was reached on below average trading volume as 116,000 shares traded hands, while the average 30-day volume is approximately 865,000 shares.
First American Corporation (New) share prices have moved between a 52-week high of $65.67 and a 52-week low of $39.03 and are now trading 68% above that low price at $65.67 per share.
First American Financial is a financial services business providing insurance through two segments: title insurance and related services and specialty insurance. Title insurance and related services includes real estate insurance, property closing services, third-party handling of real estate funds (escrow), risk mitigation, real estate data products, and related real estate transaction services. The title insurance sector serves residential and commercial deals. Specialty insurance includes property insurance policies, casualty insurance policies, and home warranties. Nearly all the company's revenue comes from the title insurance and related services segment in the United States.
First American Corporation (New) (NYSE:FAF) defies analysts with a current price ($65.67) 22.0% above its average consensus price target of $51.21.
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