Truist raises price target on First American (FAF) after strong Q3 performance

Truist raises price target on First American (FAF) after strong Q3 performance
Truist raises price target on First American (FAF) after strong Q3 performance

First American Financial Corporation (NYSE:FAF) is included among the 15 Overlooked Dividend Stocks to Buy Right Now.

Truist raises price target on First American (FAF) after strong Q3 performance
Truist raises price target on First American (FAF) after strong Q3 performance

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On October 23, Truist Securitie raised its price target for First American Financial Corporation (NYSE:FAF) to $76 from $73, while maintaining a B‍uy rating following the company’s third-quarter results, according to a report by The Fly. The company also raised its earnings estimates for fiscal 2025 and 2026, noting that the stock should trade at about 12.5 times its projected 2026 earnings, leading to the revised price target.

First American Financial Corporation (NYSE:FAF) delivered a strong performance in the third quarter of 2025, posting revenue of $2 billion, a strong 41% increase year-over-year and $115.7 million above market expectations. The company reported net income of $19 million, or $1.84 per share, compared with a net loss of $104 million, or $1.00 per share, in the same period in 2024. Operating cash flow also improved to $273 million from $237 million last year.

On November 4, First American Financial Corporation (NYSE:FAF) declared a quarterly dividend of $0.55 per share, maintaining its previous payout. The company has increased its dividend for 15 consecutive years.

First American Financial Corporation (NYSE:FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions and continues to play a central role in the digital transformation of its industry.

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Disclosure: None.

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