FIRST AMERICAN FINANCIAL CORPORATION
At today's price, FIRST AMERICAN FINANCIAL CORPORATION (FAF) is priced for +14.1% earnings growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
First American is valued as a fee-financial business, worth the title-insurance fee earnings it throws off; at $68.67 it trades at about 27x earnings (a 3.8% earnings yield), implying roughly 13.9% earnings growth a year, which the inversion reads as within range. Unusually for a cyclical, all four valuation families (asset, earnings-power, relative-multiple, growth-DCF) support the price, with two-stage DDM near $77 and the excess-return models near $70 to $80; the reverse-DCF fee-earnings ban
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420 institutional managers reported holding FAF in 13F filings for the quarter ended 2026-03-31. Together they hold about 93% of the company; the top 10 hold 50%. 38 opened new positions that quarter. Held by Vanguard Group, BlackRock, FMR (Fidelity), among others. On the short side, 5.7M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (5.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
FAF has cut its share count 7.1% over the past five years, spending $772.21M on repurchases. It pays a dividend, and has paid one every year in our records (16 and counting), raised 15 years straight; the current rate is $2.18 a share annually. Cash returned over the past three years: $609.10M in dividends and $251.30M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at FAF over the trailing three years: 2026: 3 buys totaling $4.05M. 16 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
FAF's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-29 | +4.8% | -9.9% |
| 2023-10-28 | +0.3% | +28.3% |
| 2024-02-22 | -0.5% | -5.1% |
| 2024-04-27 | -6.8% | -0.5% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
FAF's latest 8-K filings: 2026-05-15 (items 3.03, 5.03, 5.07, 9.01); 2026-04-29 (items 5.02, 9.01); 2026-04-22 (items 2.02, 9.01); 2026-02-11 (items 2.02, 9.01); 2026-01-21 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.