First American Financial: Lower Rates Are A Benefit
2026-03-02 04:38:25 ET
Shares of First American Financial ( FAF ) have been a moderate performer over the past year, gaining 9%. It has been a difficult few years for the title insurance sector, as elevated mortgage rates have limited housing transactions and refinancing activity, which are what drive title insurance sales. However, with mortgage rates hitting 6%, optimism is building about rising activity, which has pushed shares to a 52-week high. I last covered FAF in October when I upgraded shares to a “buy,” and they’ve added 9% since then, justifying my bullishness. With updated financials and a revised macro outlook, now is a good time to revisit this stock, especially with FAF sitting right around my $69 price target....
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First American Financial: Lower Rates Are A Benefit
NASDAQ: FAF
FAF Trading
2.04% G/L:
$64.46 Last:
183,786 Volume:
$64.38 Open:
