Date | Price Target | Rating | Analyst |
---|---|---|---|
8/16/2023 | $2.00 | Outperform → Neutral | Credit Suisse |
3/7/2022 | $10.50 → $8.50 | Strong Buy | Raymond James |
3/4/2022 | $4.00 → $3.75 | Equal-Weight | Morgan Stanley |
10/11/2021 | $5.00 | Equal-Weight | Morgan Stanley |
8/19/2021 | $5.50 | Neutral | Goldman |
8/18/2021 | $12.00 → $10.00 | Outperform | Credit Suisse |
8/13/2021 | $13.50 → $10.50 | Strong Buy | Raymond James |
8-K - Finance of America Companies Inc. (0001828937) (Filer)
8-K - Finance of America Companies Inc. (0001828937) (Filer)
25-NSE - Finance of America Companies Inc. (0001828937) (Subject)
DEF 14C - Finance of America Companies Inc. (0001828937) (Filer)
Credit Suisse downgraded Finance of America from Outperform to Neutral and set a new price target of $2.00
Raymond James reiterated coverage of Finance of America with a rating of Strong Buy and set a new price target of $8.50 from $10.50 previously
Morgan Stanley reiterated coverage of Finance of America with a rating of Equal-Weight and set a new price target of $3.75 from $4.00 previously
Morgan Stanley initiated coverage of Finance of America with a rating of Equal-Weight and set a new price target of $5.00
Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE:FOA), a leading provider of home equity-based financing solutions for a modern retirement, today announced that it expects its intended 1-for-10 reverse stock split of its outstanding shares of Class A Common Stock, previously disclosed on June 27, 2024, to be effective as of July 25, 2024 at 5:00 p.m. Eastern Time (the "Effective Time"). The Company's Class A Common Stock is expected to begin trading on a split-adjusted basis on the New York Stock Exchange ("NYSE") under the existing symbol (FOA) when the market opens on July 26, 2024. The new CUSIP number for the Company's Class A Common Stock following the re
Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE:FOA), a leading provider of home equity-based financing solutions for a modern retirement, today announced that certain of its direct and indirect subsidiaries, including Finance of America Funding LLC ("FOA Funding"), entered into an agreement (the "Exchange Offer Support Agreement") with certain holders representing approximately 71.1% of FOA Funding's outstanding unsecured Senior Notes due 2025 (the "2025 Unsecured Notes") to support and participate in an exchange of any and all of the outstanding 2025 Unsecured Notes for (i) up to $200 million aggregate principal amount of Senior Secured First Lien notes due
Shareholders holding approximately 19% of the outstanding Voxtur common shares express support for immediate board leadership changeBoard leadership change is required to address value destruction and Voxtur's anemic performanceAl Qureshi, Voxtur's President of Capital Markets, to bring proven leadership track record and industry experience needed by Voxtur as new CEOThe Voxtur Shareholders for Accountability urge all shareholders to vote for its highly qualified Board nomineesPLYMOUTH, Minn., June 19, 2024 /PRNewswire/ - A group of shareholders (the "Voxtur Shareholders for Accountability", "We", "Us", or "Our") of Voxtur Analytics Corp. (TSXV:VXTR) (OTCQB:VXTRF) ("Voxtur" or the "Company")
– Net loss from continuing operations of $16 million or $0.06 basic loss per share for the quarter – – Third consecutive quarter of improved operating results on an adjusted net basis – – Adjusted EBITDA for the quarter was near break-even at a loss of $1 million – Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE:FOA), a modern retirement solutions platform, reported financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Net loss from continuing operations for the first quarter of $16 million or $0.06 basic loss per share. For the quarter, the Company recognized an adjusted net loss(1) of $7 million or $0.03 per sha
SC 13D/A - Finance of America Companies Inc. (0001828937) (Subject)
SC 13D/A - Finance of America Companies Inc. (0001828937) (Subject)
SC 13G/A - Finance of America Companies Inc. (0001828937) (Subject)
SC 13D/A - Finance of America Companies Inc. (0001828937) (Subject)
AlTi Global, Inc. (NASDAQ:ALTI) ("AlTi"), a leading independent global wealth and asset manager, today announced the appointment of Norma Corio to its Board of Directors ("Board"), following the departure of Hazel McNeilage, effective June 29, 2023. "I am thrilled to welcome Norma to our Board as AlTi embarks on its next phase of growth," said Michael Tiedemann, Chief Executive Officer of AlTi Global. "Norma offers over four decades of public company, banking and capital markets experience which will be invaluable in establishing AlTi as a leading global wealth and asset management platform in the public markets. I would like to thank Hazel for her contributions to the Board and wish her
TORONTO and TAMPA, Fla., Dec. 28, 2022 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV:VXTR, OTCQB:VXTRF) ("Voxtur" or the "Company"), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce the appointment of Nicholas Smith, of Rice Park Capital Management LP, to the Company's board of directors, effective immediately. Mr. Smith's appointment follows the resignation of Mark Volosov from his role as a director of the Company, effective December 13, 2022. "Nick brings nearly 25 years of experience and expertise within the mortgage finance industry to Voxtur and we are thrilled to have him join the Board," said Ga
– Total Revenue Up 165% YoY on First Quarter Funded Volume of $9.5 billion – – Pre-tax Income of $125 million Up 398% from First Quarter 2020 – – Completed Business Combination with Replay Acquisition Corporation on April 1, 2021 – – Strategically Strengthened Leadership Team with the Appointment of Johan Gericke, CFO – – Investor Call Scheduled For Thursday, May 13, 2021 At 5:00 pm Eastern Time – Finance of America Companies, ("Finance of America") (NYSE:FOA), reported first quarter results for the period ended March 31, 2021. Finance of America is a diversified, vertically integrated consumer lending platform operating in three lending segments: Mortgage Originations, Reverse Origina
– Net loss from continuing operations of $16 million or $0.06 basic loss per share for the quarter – – Third consecutive quarter of improved operating results on an adjusted net basis – – Adjusted EBITDA for the quarter was near break-even at a loss of $1 million – Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE:FOA), a modern retirement solutions platform, reported financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights Net loss from continuing operations for the first quarter of $16 million or $0.06 basic loss per share. For the quarter, the Company recognized an adjusted net loss(1) of $7 million or $0.03 per sha
Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE:FOA), a modern retirement solutions platform, today announced that it will release results for the first quarter ended March 31, 2024 after market closing on Monday, May 6, 2024. Webcast and Earnings Conference Call Management will host a webcast and conference call on the same day at 5:00 pm Eastern Time to discuss the Company's results for the first quarter ended March 31, 2024. A copy of the press release and investor presentation will be posted prior to the call under the "Investors" section on Finance of America's website at https://www.financeofamerica.com/investors. To listen to the audio webcast of
– Net income from continuing operations of $171 million or $0.72 basic earnings per share for the quarter – – 20% improvement on an adjusted net basis(1) over the prior quarter – – Finished the year with 37% share of HECM Reverse market(2) – Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE:FOA), a modern retirement solutions platform, reported financial results for the quarter and year ended December 31, 2023. Fourth Quarter and Full Year 2023 Highlights Net income from continuing operations for the fourth quarter of $171 million or $0.72 basic earnings per share primarily due to non-cash, positive fair value changes on long-term assets and liabilit
Finance of America Companies Inc. ("Finance of America" or the "Company") (NYSE:FOA), a modern retirement solutions platform, today announced that it will release results for the fourth quarter and full year ended December 31, 2023 after market closing on Wednesday, March 6, 2024. Webcast and Earnings Conference Call Management will host a webcast and conference call on the same day at 5:00 pm Eastern Time to discuss the Company's results for the fourth quarter and full year ended December 31, 2023. A copy of the press release and investor presentation will be posted prior to the call under the "Investors" section on Finance of America's website at https://www.financeofamerica.com/inves
4 - Finance of America Companies Inc. (0001828937) (Issuer)
4 - Finance of America Companies Inc. (0001828937) (Issuer)
4 - Finance of America Companies Inc. (0001828937) (Issuer)
4 - Finance of America Companies Inc. (0001828937) (Issuer)
Finance of America (NYSE:FOA) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.06) by 50 percent. This is a 62.5 percent increase over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $74.682 million which beat the analyst consensus estimate of $61.970 million by 20.51 percent. This is a 46.98 percent decrease over sales of $140.855 million the same period last year.
Finance of America (NYSE:FOA) reported its Q4 earnings results on Wednesday, March 6, 2024 at 04:21 PM. Here's what investors need to know about the announcement. Earnings Finance of America missed estimated earnings by -12.0%, reporting an EPS of $-0.09 versus an estimate of $-0.08. Revenue was up $182.15 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.08 which was followed by a 28.000000000000004% drop in the share price the next day. Here's a look at Finance of America's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate -0.03 0.02 -0.02 -0.14 EPS Actual -0.11 -0.12 -0.08 -0.30 Revenue Estimate 1
Finance of America (NYSE:FOA) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.08) by 12.5 percent. This is a 200 percent decrease over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $275.73 million which beat the analyst consensus estimate of $63.22 million by 336.15 percent. This is a 326.78 percent increase over sales of $64.61 million the same period last year.