First Foundation (FFWM) Projected to Post Earnings on Thursday

First Foundation (NASDAQ:FFWM) will likely be posting its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect First Foundation to post earnings of $0.03 per share and revenue of $65.63 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

First Foundation Stock Performance

Shares of NASDAQ FFWM opened at $6.23 on Wednesday. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.04 and a quick ratio of 0.87. The company has a market cap of $513.35 million, a PE ratio of -5.57 and a beta of 1.37. The company has a 50-day simple moving average of $6.79 and a 200-day simple moving average of $6.79. First Foundation has a 12 month low of $4.84 and a 12 month high of $10.72.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. StockNews.com downgraded First Foundation from a “hold” rating to a “sell” rating in a 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 investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price 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.