Buy, Sell Or Hold First Foundation Inc (NYSE:FFWM) At $5.81?

In last trading session, First Foundation Inc (NYSE:FFWM) saw 0.86 million shares changing hands with its beta currently measuring 1.31. Company’s recent per share price level of $5.81 trading at $0.33 or 6.02% at ring of the bell on the day assigns it a market valuation of $328.09M. That closing price of FFWM’s stock is at a discount of -97.42% from its 52-week high price of $11.47 and is indicating a premium of 36.49% from its 52-week low price of $3.69. Taking a look at company’s average trading volume volume of 498.64K if we extend that period to 3-months.

First Foundation Inc (NYSE:FFWM) trade information

Upright in the green during last session for gaining 6.02%, in the last five days FFWM remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $5.81 price level, adding 5.53% to its value on the day. First Foundation Inc’s shares saw a change of -39.98% in year-to-date performance and have moved -4.44% in past 5-day. First Foundation Inc (NYSE:FFWM) showed a performance of -20.30% in past 30-days.

First Foundation Inc (FFWM) estimates and forecasts

Statistics highlight that First Foundation Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 25.76% of value to its shares in past 6 months, showing an annual growth rate of -32.26% while that of industry is -10.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -9.80% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 54.68M for the same. And 5 analysts are in estimates of company making revenue of 58.74M in the next quarter.

In 2024, company’s earnings growth rate is likely to be around -48.75% while estimates for its earnings growth in next 5 years are of 7.00%.

FFWM Dividends

First Foundation Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.