First American Financial traded at $62.49 this Friday October 2nd, increasing $0.98 or 1.59 percent since the previous trading session. Looking back, over the last four weeks, First American Financial gained 18.32 percent. Over the last 12 months, its price fell by 2.83 percent. Looking ahead, we forecast First American Financial to be priced at 61.13 by the end of this quarter and at 57.24 in one year, according to Trading Economics global macro models projections and analysts expectations.
First American Financial Corporation is engaged in the business of providing title insurance, settlement services, other financial services, and risk solutions. The Company operates through two segments: title insurance and services, and specialty insurance. The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and internationally in connection with residential and commercial real estate transactions. The segment also provides products, services and solutions that are designed to mitigate risk in, or otherwise facilitate real estate transactions. The specialty insurance segment issues property and casualty insurance policies and sells home warranty products. The property and casualty insurance business provides insurance coverage to residential homeowners and renters for liability losses and typical hazards such as fire, theft, vandalism and other types of property damage.