First Foundation (FFWM) to Release Quarterly Earnings on Thursday

First Foundation (NASDAQ:FFWM) is anticipated to release its earnings data before the market opens on Thursday, January 30th. Analysts expect First Foundation to post earnings of $0.03 per share and revenue of $66,147.40 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

First Foundation Price Performance

First Foundation stock opened at $6.14 on Thursday. The stock has a market capitalization of $505.28 million, a P/E ratio of -5.48 and a beta of 1.37. The company’s fifty day moving average price is $6.91 and its 200 day moving average price is $6.77. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.87 and a current ratio of 1.04. First Foundation has a 1 year low of $4.84 and a 1 year high of $11.47.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. StockNews.com lowered shares of First Foundation from a “hold” rating to a “sell” rating in a research report on Thursday, November 7th. Stephens lowered First Foundation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, First Foundation currently has a consensus rating of “Hold” and a consensus price target of $6.75.

About First Foundation

First Foundation Inc, through its subsidiaries, provides banking services, investment advisory, wealth management, and trust services to individuals, businesses, and other organizations in the United States. The company operates in two segments, Banking and Wealth Management. It offers a range of deposit products, including personal and business checking accounts, savings accounts, interest-bearing demand deposit accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, commercial term loans, and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits.