Tearsheet

Finance of America Companies (FOA)


Market Price (6/27/2026): $23.45 | Market Cap: $199.3 MilSector: Financials | Industry: Consumer Finance

Finance of America Companies (FOA)


Market Price (6/27/2026): $23.45
Market Cap: $199.3 Mil
Sector: Financials
Industry: Consumer Finance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 16%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 12%

Low stock price volatility
Vol 12M is 48%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Online Banking & Lending, and Private Credit.

Weak multi-year price returns
3Y Excs Rtn is -42%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 14892%

Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -35%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -130%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -130%

Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 15.19

Key risks
FOA key risks include [1] fair value volatility of its retained interests in securitizations, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 16%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 12%
1 Low stock price volatility
Vol 12M is 48%
2 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Online Banking & Lending, and Private Credit.
3 Weak multi-year price returns
3Y Excs Rtn is -42%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 14892%
5 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -35%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -130%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -130%
7 Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 15.19
8 Key risks
FOA key risks include [1] fair value volatility of its retained interests in securitizations, Show more.

FOA in ETFs

Weight = FOA's share of each fund

VTI0.00%
IWM0.00%
AVUV0.01%
IWN0.01%
DFAS0.00%
VTWO0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/26/2026

Finance of America Companies (FOA) stock has gained about 25% since 2/28/2026 because of the following key factors:

1. Finance of America Companies (FOA) reported stronger-than-expected financial results for fiscal Q1 2026 (ended March 31, 2026), significantly surpassing analyst estimates. The company announced an Adjusted Earnings Per Share (EPS) of $1.10, exceeding the consensus estimate of $0.84 by $0.26. Quarterly revenue also outperformed, reaching $120.14 million against an estimated $115.31 million. Furthermore, net income from continuing operations was $35 million, a reversal from a $21 million loss in the prior fiscal quarter.

2. The company demonstrated substantial improvements in profitability and financial health during fiscal Q1 2026. Adjusted net income doubled year-over-year to $26 million, reflecting enhanced operational efficiency. Total equity increased to $438 million, while tangible equity grew by 43% year-over-year to $268 million, or $14.82 per share. Additionally, cash and cash equivalents rose significantly by 108% to $108 million.

Show more
Updated on 6/26/2026

Finance of America Companies (FOA) stock has gained about 25% since 2/28/2026 because of the following key factors:

1. Finance of America Companies (FOA) reported stronger-than-expected financial results for fiscal Q1 2026 (ended March 31, 2026), significantly surpassing analyst estimates. The company announced an Adjusted Earnings Per Share (EPS) of $1.10, exceeding the consensus estimate of $0.84 by $0.26. Quarterly revenue also outperformed, reaching $120.14 million against an estimated $115.31 million. Furthermore, net income from continuing operations was $35 million, a reversal from a $21 million loss in the prior fiscal quarter.

2. The company demonstrated substantial improvements in profitability and financial health during fiscal Q1 2026. Adjusted net income doubled year-over-year to $26 million, reflecting enhanced operational efficiency. Total equity increased to $438 million, while tangible equity grew by 43% year-over-year to $268 million, or $14.82 per share. Additionally, cash and cash equivalents rose significantly by 108% to $108 million.

3. Strategic business expansion and an accretive acquisition bolstered the company's market position. In March 2026, Finance of America expanded its HomeSafe Second product into three new states (Indiana, Ohio, and Michigan), increasing its total availability to 16 states. This expansion targets a significant home equity market held by older Americans. The company also introduced the HomeSafe Second Line of Credit in April 2026. Additionally, an acquisition of a portion of PHH's reverse mortgage business was completed in fiscal Q1 2026, which was projected to be immediately accretive to earnings.

4. Positive analyst sentiment and price targets likely contributed to the stock's upward trend. As of June 19, 2026, analysts maintained a "Buy" consensus rating for FOA. A B. Riley Securities analyst initiated coverage with a "Buy" rating and a price target of $22.50 on April 2, 2026. The average 12-month price target from analysts is $26.00, suggesting an 18.52% upside from the stock's price as of June 25, 2026.

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Stock Movement Drivers

Fundamental Drivers

The 25.1% change in FOA stock from 2/28/2026 to 6/26/2026 was primarily driven by a 59.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)22820266262026Change
Stock Price ($)19.3524.2125.1%
Change Contribution By: 
Total Revenues ($ Mil)22636059.6%
P/S Multiple0.80.6-26.5%
Shares Outstanding (Mil)996.6%
Cumulative Contribution25.1%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/26/2026
ReturnCorrelation
FOA25.1% 
Market (SPY)6.6%43.9%
Sector (XLF)4.7%44.4%

Fundamental Drivers

The 1.0% change in FOA stock from 11/30/2025 to 6/26/2026 was primarily driven by a 59.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)113020256262026Change
Stock Price ($)23.9624.211.0%
Change Contribution By: 
Total Revenues ($ Mil)22636059.6%
P/S Multiple1.00.6-40.6%
Shares Outstanding (Mil)996.6%
Cumulative Contribution1.0%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/26/2026
ReturnCorrelation
FOA1.0% 
Market (SPY)7.3%40.9%
Sector (XLF)1.3%43.1%

Fundamental Drivers

The 10.2% change in FOA stock from 5/31/2025 to 6/26/2026 was primarily driven by a 50.7% change in the company's P/E Multiple.
(LTM values as of)53120256262026Change
Stock Price ($)21.9624.2110.2%
Change Contribution By: 
Total Revenues ($ Mil)3593600.3%
Net Income Margin (%)14.8%9.0%-39.1%
P/E Multiple4.26.350.7%
Shares Outstanding (Mil)10919.7%
Cumulative Contribution10.2%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/26/2026
ReturnCorrelation
FOA10.2% 
Market (SPY)25.1%44.2%
Sector (XLF)6.7%42.9%

Fundamental Drivers

The 70.5% change in FOA stock from 5/31/2023 to 6/26/2026 was primarily driven by a 667.2% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120236262026Change
Stock Price ($)14.2024.2170.5%
Change Contribution By: 
Total Revenues ($ Mil)47360667.2%
P/S Multiple1.90.6-70.5%
Shares Outstanding (Mil)69-24.7%
Cumulative Contribution70.5%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/26/2026
ReturnCorrelation
FOA70.5% 
Market (SPY)81.3%19.5%
Sector (XLF)77.0%26.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
FOA Return-62%-68%-13%156%-14%-11%-79%
Peers Return-23%-38%82%-12%29%-34%-35%
S&P 500 Return27%-19%24%23%16%7%96%

Monthly Win Rates [3]
FOA Win Rate8%33%42%58%42%50% 
Peers Win Rate49%35%53%45%48%33% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
FOA Max Drawdown-67%-71%-64%-59%-41%-35% 
Peers Max Drawdown-42%-56%-38%-37%-36%-53% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: RKT, UWMC, LDI, PFSI, ONIT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/26/2026 (YTD)

How Low Can It Go

EventFOAS&P 500
2025 US Tariff Shock
  % Loss-26.3%-18.8%
  % Gain to Breakeven35.7%23.1%
  Time to Breakeven112 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-63.6%-9.5%
  % Gain to Breakeven174.6%10.5%
  Time to Breakeven369 days24 days
2023 SVB Regional Banking Crisis
  % Loss-26.4%-6.7%
  % Gain to Breakeven35.8%7.1%
  Time to Breakeven8 days31 days

Compare to RKT, UWMC, LDI, PFSI, ONIT

In The Past

Finance of America Companies's stock fell -26.3% during the 2025 US Tariff Shock. Such a loss loss requires a 35.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventFOAS&P 500
2025 US Tariff Shock
  % Loss-26.3%-18.8%
  % Gain to Breakeven35.7%23.1%
  Time to Breakeven112 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-63.6%-9.5%
  % Gain to Breakeven174.6%10.5%
  Time to Breakeven369 days24 days
2023 SVB Regional Banking Crisis
  % Loss-26.4%-6.7%
  % Gain to Breakeven35.8%7.1%
  Time to Breakeven8 days31 days

Compare to RKT, UWMC, LDI, PFSI, ONIT

In The Past

Finance of America Companies's stock fell -26.3% during the 2025 US Tariff Shock. Such a loss loss requires a 35.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Finance of America Companies (FOA)

Finance of America Companies (FOA) operates a comprehensive consumer and commercial lending platform across the United States. The company is primarily involved in originating various types of loans and providing a range of financial and ancillary services to support the lending industry. Its operations are organized across several key segments, including mortgage, reverse mortgage, and commercial loan originations, as well as lender services and portfolio management.

FOA's core offerings include originating residential mortgage loans, often directed towards government-sponsored entities, and providing government-insured agricultural lending solutions specifically for farmers. This highlights their presence in both traditional housing finance and specialized agricultural sectors.

Beyond loan originations, FOA also offers sophisticated financial services such as product development, loan securitization, loan sales, risk management, and asset management, primarily serving enterprise and third-party funds. Additionally, the company provides a suite of ancillary business services, including title agency, title insurance, mortgage servicing rights valuation, and due diligence, catering to a broad client base within the residential mortgage, student lending, and commercial lending industries.

AI Analysis | Feedback

Here are 1-2 brief analogies for Finance of America Companies (FOA):

  • It's like Rocket Mortgage, but diversified into reverse mortgages and commercial agricultural loans.
  • Think of it as a diversified financial platform for various types of lending (like mortgages and commercial loans) and related services, similar to how Ally Financial offers a broad range of financial products beyond just one type of loan.

AI Analysis | Feedback

  • Residential Mortgage Loans: Provides mortgage loans for homes, often sold to government-sponsored entities.
  • Reverse Mortgage Loans: Originates loans that allow homeowners to convert home equity into cash.
  • Agricultural Lending Solutions: Offers government-insured loans tailored for farmers.
  • Enterprise & Third-Party Lender Services: Delivers services such as loan securitization, sales, risk management, and asset management to institutional clients.
  • Ancillary & Due Diligence Services for Lending Industry: Provides support services including title agency, mortgage servicing rights valuation, and third-party loan review for the broader lending industry.

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Finance of America Companies (FOA) primarily sells to other companies and institutional entities.

Major Customers:

  • Fannie Mae (Federal National Mortgage Association) (FNMA): As a major government-sponsored entity, Fannie Mae purchases residential mortgage loans originated by Finance of America Companies.
  • Freddie Mac (Federal Home Loan Mortgage Corporation) (FMCC): Another significant government-sponsored entity that purchases residential mortgage loans from Finance of America Companies.
  • Enterprise and Third-Party Funds: Finance of America Companies provides a range of lender services, including product development, loan securitization, loan sales, risk management, asset management, and servicing oversight services, to various enterprise and third-party funds.
  • Other Lending Industry Customers: The company offers ancillary business services, title agency and title insurance services, mortgage servicing rights valuation and brokerage, and due diligence services to customers across the residential mortgage, student lending, and commercial lending industries.

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  • Intercontinental Exchange (ICE)
  • Equifax (EFX)
  • TransUnion (TRU)
  • Fidelity National Financial (FNF)

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Graham Fleming, Chief Executive Officer

Graham Fleming has served as Chief Executive Officer of Finance of America Companies Inc. since April 2023, bringing over 25 years of experience in the mortgage lending business with expertise in strategic planning, capital markets, and financial management. Prior to his appointment as CEO, he held positions as President from October 2020 to April 2023 and Interim Chief Executive Officer from July 2022 to April 2023. Mr. Fleming's previous leadership roles include serving as President of Icon Residential Lenders and Chief Financial Officer of AMRESCO Residential Mortgage. He also served as Interim Chief Financial Officer for Finance of America Companies from October to November 2023.

Matt Engel, Chief Financial Officer

Matt Engel was appointed Chief Financial Officer of Finance of America Companies Inc. in November 2023 and possesses over 30 years of financial services experience, with extensive expertise in the reverse mortgage industry, corporate financial planning and analysis, financial reporting, and accounting. Before joining Finance of America Companies, he served as Chief Financial Officer of Bloom Retirement Holdings Inc., formerly known as American Advisors Group (AAG), from April 2014 to 2023, which sold a substantial majority of its assets to Finance of America Reverse LLC in March 2023. His prior experience includes various senior positions in accounting and finance at Newmark Knight Frank, H&R Block, Inc., and DST Systems, Inc., and he began his career as a staff auditor for PricewaterhouseCoopers LLP.

Kristen Sieffert, President

Kristen Sieffert is responsible for growth and innovation within Finance of America Companies' reverse mortgage business, having been appointed President of the Company in April 2023. She has been President of the subsidiary Finance of America Reverse LLC (FAR) since 2015, under whose leadership FAR became a leading GNMA issuer of reverse mortgages and the largest wholesale lender in the industry. Before joining FAR in 2012, Ms. Sieffert held roles as acting president for EquiPoint Reverse Mortgage and vice president for operations at One Reverse Mortgage, starting her reverse mortgage career in 2004.

Jeremy Prahm, Chief Investment Officer

Jeremy Prahm joined Finance of America Companies in December 2015 and assumed the role of Chief Investment Officer in April 2021. In this capacity, he oversees the company's portfolio management, including capital allocation, risk management, and non-agency execution. Prior to his current role, Mr. Prahm served as Senior Managing Director across several business segments within Finance of America Companies and was a Portfolio Manager and Director of Quantitative Solutions at Green Tree Investment Management from December 2008 to December 2015.

Lauren Richmond, Chief Legal Officer and General Counsel

Lauren Richmond joined Finance of America Companies in September 2016 and was appointed General Counsel in June 2019, followed by Chief Legal Officer in September 2022. She is responsible for overseeing and managing the Company's legal, compliance, and enterprise risk functions, and she also administratively oversees the internal audit function.

AI Analysis | Feedback

The key risks to Finance of America Companies (FOA) primarily revolve around its financial stability, sensitivity to market dynamics, and regulatory environment.

  1. Weak Financial Health and High Leverage: Finance of America has faced significant financial challenges, indicated by an Altman Z-Score of 0, suggesting financial distress, and a Piotroski F-Score of 1, reflecting poor business operations. The company has reported ongoing profitability issues, with a negative EPS of -2.66 and a net margin of -1.54%. Furthermore, FOA carries a high level of debt, with a debt-to-equity ratio of 106.21, which contributes to increased financial risk. This is compounded by a significant erosion of tangible equity, which reportedly plummeted from $480 million in 2021 to a negative $5 million in the second quarter of 2023, leading to continuous covenant breaches. Moody's has also affirmed FOA's corporate family rating at Caa2 with a negative outlook, citing very high leverage and weak profitability. The company's reliance on short-term wholesale funding facilities, many of which mature within a year, exposes it to elevated liquidity and refinancing risks.

  2. Sensitivity to Interest Rate Fluctuations and Market Volatility: As a consumer lending platform, FOA's business is highly susceptible to changes in interest rates and broader economic cycles. Fluctuations in interest rates directly impact loan origination margins and consumer demand. The company has experienced negative fair value adjustments on its retained interests, predominantly due to model assumption updates to account for widening spreads and rising interest rates. Rapidly increasing interest rates have led to a precipitous drop-off in refinance volumes and a reduction in revenue due to decreased customer demand and margin compression. Additionally, the heavy use of fair value accounting in its Portfolio Management segment adds to earnings volatility.

  3. Regulatory and Compliance Risks: Operating within the financial services sector, particularly in the specialized reverse mortgage market, exposes Finance of America to extensive regulatory oversight and potential changes in regulations. A significant portion of FOA's reverse mortgage balances (44% as of December 31, 2025) is concentrated in California, making the company particularly vulnerable to state-specific regulatory developments and housing market conditions in that region. These factors, combined with other operational risks like cybersecurity, necessitate continuous vigilance and adaptation to maintain compliance and mitigate potential adverse impacts.

AI Analysis | Feedback

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AI Analysis | Feedback

For Finance of America Companies (FOA), the addressable markets for their main products and services in the U.S. are as follows:

  • Residential Mortgage Loans: The U.S. Home Mortgage Market is projected to reach a valuation of approximately $204.49 billion in 2024 and is anticipated to grow to about $571.64 billion by 2033. Single-family mortgage originations in the U.S. were $246 billion in the first quarter of 2025. The dollar volume of new mortgages originated in the U.S. was $159.2 billion in July 2025.
  • Reverse Mortgages: In the U.S., proprietary reverse mortgage loan volume totaled nearly $2.5 billion for 2025, and federally insured Home Equity Conversion Mortgages (HECMs) accounted for roughly $4 billion in 2025. The Reverse Mortgage Market in the U.S. is projected to reach $1.91 billion by 2033. A total of 64,489 reverse mortgages were issued in the U.S. in 2022.
  • Commercial Lending: The commercial lending market in North America is projected to reach a valuation of $2,892.50 billion by 2025.
  • Agricultural Lending: The total volume of all farm loans secured by real estate in the U.S. exceeded $353 billion in 2023 and is expected to increase to nearly $360 billion in 2024. The U.S. banking industry held $205 billion in farm loans by the end of 2024, representing nearly 38% of total farm lending nationwide.
  • Title Insurance Services: The Title Insurance industry in the U.S. had an estimated revenue of $17.1 billion over the past five years, with an expected increase of 1.8% in 2025 alone. The industry generated $4.5 billion in title insurance premiums during the second quarter of 2025.

AI Analysis | Feedback

Finance of America Companies (FOA) anticipates several key drivers for its future revenue growth over the next two to three years, primarily centered on its dominant position in the reverse mortgage market and strategic operational enhancements.

Firstly, the company expects continued growth from the **increasing demand for reverse mortgages**, driven by an aging U.S. population and the significant amount of home equity held by seniors. Finance of America is positioned as the nation's largest reverse mortgage provider, capitalizing on the demographic trend of 11,400 Americans turning 65 daily between 2024 and 2026, many of whom face retirement savings shortfalls and possess substantial home equity.

Secondly, future revenue will be propelled by **higher funded volumes in reverse mortgage originations**. Following a 24% increase in reverse mortgage funded volume in 2025, the company projects a 15% to 25% year-over-year volume growth for 2026, aiming for $2.8 billion to $3.1 billion in originations. This growth is a direct contributor to revenue expansion.

Thirdly, **strategic technology investments and the adoption of artificial intelligence (AI)** are expected to enhance efficiency and customer acquisition. Finance of America has invested in modernizing its technology stack and embedding AI across the customer journey, including deploying an AI-powered customer acquisition platform named "Joy." These efforts are anticipated to lead to improved customer acquisition efficiency, higher conversion rates, and faster response times, driving measurable operating momentum into 2026.

Fourthly, the **expansion of its servicing platform through acquisitions** will contribute to revenue. The company signed an agreement in November 2025 to acquire PHH Mortgage's reverse mortgage servicing portfolio and related assets, with the transaction expected to close in the second quarter of 2026. This acquisition will not only expand Finance of America's servicing capabilities but also add experienced origination talent and foster a long-term relationship to accelerate its mission of providing home equity access.

Finally, the company's **proprietary product offerings** are a significant driver of revenue growth. Beyond traditional FHA-insured Home Equity Conversion Mortgage (HECM) loans, Finance of America offers proprietary products such as HomeSafe Standard, HomeSafe Select, and HomeSafe Second. These unique products, including the nation's only second lien reverse mortgage, cater to a broader market, including affluent seniors seeking loans up to $4 million, thereby expanding the company's addressable market and potentially increasing the value of originations.

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Share Repurchases

  • Finance of America Companies planned to repurchase Blackstone's equity stake for approximately $80 million, with completion anticipated in late 2025 or December of that year.
  • The company repurchased $40 million of Blackstone's equity interest during 2025.

Share Issuance

  • Finance of America Companies issued $40 million in convertible notes in the third quarter of 2025.
  • Total equity increased from $316 million at the end of 2024 to $396 million as of December 31, 2025, partly due to a $50 million preferred equity investment from funds managed by Blue Owl, which was partially offset by the $80 million repurchase of Blackstone's equity interest.

Inbound Investments

  • Funds managed by Blue Owl made a $50 million preferred equity investment in Finance of America Companies.
  • On December 11, 2025, Finance of America announced a strategic partnership with funds managed by Blue Owl, which included a $2.5 billion commitment to support origination growth across various asset classes and the aforementioned $50 million equity investment.

Outbound Investments

  • Finance of America Companies entered into an agreement on November 18, 2025, to acquire the Home Equity Conversion Mortgage (HECM) servicing portfolio, along with select reverse mortgage assets and pipeline, from PHH Mortgage Corporation, a subsidiary of Onity Group Inc., in an all-cash transaction.

Capital Expenditures

  • Finance of America Companies has been making strategic technology investments, including the deployment of an AI-powered customer acquisition platform, as highlighted in their FY 2025 investor presentation.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

FOARKTUWMCLDIPFSIONITMedian
NameFinance .Rocket C.UWM loanDepotPennyMac.Onity  
Mkt Price24.2115.002.181.2086.0837.0219.61
Mkt Cap0.242.40.60.34.50.30.5
Rev LTM3607,8502,0179084,9951,2611,639
Op Inc LTM----552233392
FCF LTM-469-2,076-5,547-728-4,128-2,655-2,365
FCF 3Y Avg-426-1,694-4,366-730-1,989-1,194-1,444
CFO LTM-469-1,274-5,471-700-4,060-2,190-1,732
CFO 3Y Avg-426-1,086-4,316-705-1,948-898-992

Growth & Margins

FOARKTUWMCLDIPFSIONITMedian
NameFinance .Rocket C.UWM loanDepotPennyMac.Onity  
Rev Chg LTM0.3%71.4%94.6%17.5%40.9%15.9%29.2%
Rev Chg 3Y Avg120.8%31.6%26.9%4.4%32.7%7.1%29.3%
Rev Chg Q-35.2%161.3%1,124.8%5.9%-9.6%21.5%13.7%
QoQ Delta Rev Chg LTM-12.5%25.6%29.8%1.3%-2.0%4.9%3.1%
Op Inc Chg LTM----19.3%3.7%11.5%
Op Inc Chg 3Y Avg----7.6%9.3%8.4%
Op Mgn LTM----11.0%18.5%14.8%
Op Mgn 3Y Avg----12.2%21.0%16.6%
QoQ Delta Op Mgn LTM----0.2%-0.8%-0.3%
CFO/Rev LTM-130.0%-16.2%-271.3%-77.1%-81.3%-173.6%-105.6%
CFO/Rev 3Y Avg-209.5%-20.4%-316.9%-89.2%-41.8%-73.2%-81.2%
FCF/Rev LTM-130.0%-26.4%-275.0%-80.2%-82.6%-210.4%-106.3%
FCF/Rev 3Y Avg-209.6%-31.3%-320.5%-92.4%-42.8%-98.3%-95.3%

Valuation

FOARKTUWMCLDIPFSIONITMedian
NameFinance .Rocket C.UWM loanDepotPennyMac.Onity  
Mkt Cap0.242.40.60.34.50.30.5
P/S0.65.40.30.30.90.20.4
P/Op Inc----8.11.34.7
P/EBIT----8.11.34.7
P/E6.3177.29.6-3.58.81.87.6
P/CFO-0.4-33.3-0.1-0.4-1.1-0.1-0.4
Total Yield15.8%0.6%24.5%-28.3%12.7%55.6%14.3%
Dividend Yield0.0%0.0%14.1%0.1%1.4%0.0%0.1%
FCF Yield 3Y Avg-370.0%-54.5%-502.2%-232.2%-41.5%-392.3%-301.1%
D/E149.40.68.218.55.750.613.3
Net D/E148.90.67.517.55.650.012.5

Returns

FOARKTUWMCLDIPFSIONITMedian
NameFinance .Rocket C.UWM loanDepotPennyMac.Onity  
1M Rtn20.8%5.1%-26.5%-7.0%-1.5%5.2%1.8%
3M Rtn48.1%9.7%-33.3%-9.8%1.1%-1.4%-0.2%
6M Rtn5.5%-22.7%-48.9%-43.4%-35.3%-16.2%-29.0%
12M Rtn4.2%3.5%-42.0%-7.7%-12.8%-1.2%-4.4%
3Y Rtn23.5%74.4%-49.7%-41.2%26.4%23.7%23.6%
1M Excs Rtn23.0%7.3%-24.2%-4.8%0.7%7.4%4.0%
3M Excs Rtn31.4%-6.0%-48.9%-27.2%-13.6%-17.0%-15.3%
6M Excs Rtn-0.3%-27.8%-55.8%-51.6%-41.3%-22.1%-34.6%
12M Excs Rtn-13.1%-16.0%-62.0%-28.4%-31.4%-19.7%-24.0%
3Y Excs Rtn-41.7%11.1%-120.0%-109.9%-40.1%-50.7%-46.2%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil2025202420232022
Portfolio Management303172115-220
Retirement Solutions253206149300
Eliminations-0-0-8-27
Corporate and Other-5817-211
Total49739423453


Assets by Segment
$ Mil2025202420232022
Portfolio Management30,45928,87726,77320,186
Corporate and Other1,0791,3441,5211,610
Retirement Solutions215251277297
Eliminations-1,018-1,318-1,470-1,534
Assets of discontinued operations 27313
Total30,73329,15627,10820,873


Price Behavior

Price Behavior
Market Price$24.21 
Market Cap ($ Bil)0.2 
First Trading Date04/18/2019 
Distance from 52W High-17.1% 
   50 Days200 Days
DMA Price$20.40$21.48
DMA Trenddownup
Distance from DMA18.7%12.7%
 3M1YR
Volatility51.9%48.5%
Downside Capture72.80181.93
Upside Capture175.39147.03
Correlation (SPY)49.4%46.0%
FOA Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta2.493.092.201.891.991.08
Up Beta4.013.292.452.172.671.00
Down Beta3.342.860.931.511.340.80
Up Capture111%228%228%155%208%157%
Bmk +ve Days13283667141432
Stock +ve Days12243167126355
Down Capture276%442%254%198%172%107%
Bmk -ve Days7132757109318
Stock -ve Days8173257122386

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FOA
FOA10.9%48.5%0.37-
Sector ETF (XLF)5.5%14.5%0.1541.8%
Equity (SPY)21.2%12.4%1.2642.9%
Gold (GLD)21.8%27.7%0.706.5%
Commodities (DBC)21.8%18.6%0.92-30.5%
Real Estate (VNQ)16.1%13.6%0.8535.5%
Bitcoin (BTCUSD)-44.7%42.5%-1.2722.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FOA
FOA-20.3%76.6%0.03-
Sector ETF (XLF)10.7%18.6%0.4427.9%
Equity (SPY)13.4%17.1%0.6123.4%
Gold (GLD)17.8%18.3%0.795.0%
Commodities (DBC)7.4%19.5%0.281.2%
Real Estate (VNQ)3.4%18.9%0.0823.9%
Bitcoin (BTCUSD)10.7%54.0%0.3911.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FOA
FOA-12.7%65.5%-0.01-
Sector ETF (XLF)13.3%22.1%0.5519.3%
Equity (SPY)15.2%18.0%0.7217.7%
Gold (GLD)11.8%16.1%0.604.5%
Commodities (DBC)5.9%18.0%0.262.2%
Real Estate (VNQ)5.6%20.7%0.2317.0%
Bitcoin (BTCUSD)54.6%66.4%0.958.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity0.6 Mil
Short Interest: % Change Since 53120261.6%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest15.2 days
Basic Shares Quantity8.5 Mil
Short % of Basic Shares6.8%

Earnings Returns History

Updated 6/8/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/5/20265.1%-0.4%1.0%
3/10/2026-1.3%3.9%7.1%
11/4/20254.9%6.5%2.6%
8/5/20257.8%27.7%21.5%
5/6/20259.5%12.2%7.6%
3/11/20252.6%7.1%-10.8%
11/6/2024-3.3%30.0%38.1%
8/6/2024-1.0%2.8%35.1%
...
SUMMARY STATS   
# Positive10119
# Negative10911
Median Positive6.0%8.6%7.6%
Median Negative-5.1%-11.7%-11.8%
Max Positive11.2%30.0%38.6%
Max Negative-28.3%-22.6%-35.0%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/5/20265.1%-0.4%1.0%
3/10/2026-1.3%3.9%7.1%
11/4/20254.9%6.5%2.6%
8/5/20257.8%27.7%21.5%
5/6/20259.5%12.2%7.6%
3/11/20252.6%7.1%-10.8%
11/6/2024-3.3%30.0%38.1%
8/6/2024-1.0%2.8%35.1%
5/6/20240.0%8.6%-1.2%
3/6/2024-1.6%-13.9%-17.2%
11/7/2023-28.3%-13.9%-8.9%
8/8/2023-11.7%-16.8%-35.0%
3/13/2023-0.7%-6.9%38.6%
11/9/20226.6%7.3%2.9%
8/4/2022-9.1%-11.7%-32.0%
5/9/2022-6.9%-6.9%-11.8%
3/2/20229.8%-3.7%-6.5%
11/8/202111.2%12.4%-2.2%
8/11/2021-20.7%-22.6%-24.1%
5/13/20215.4%13.0%-21.4%
SUMMARY STATS   
# Positive10119
# Negative10911
Median Positive6.0%8.6%7.6%
Median Negative-5.1%-11.7%-11.8%
Max Positive11.2%30.0%38.6%
Max Negative-28.3%-22.6%-35.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/11/202610-Q
12/31/202503/13/202610-K
09/30/202511/13/202510-Q
06/30/202508/11/202510-Q
03/31/202505/20/202510-Q
12/31/202403/14/202510-K
09/30/202411/08/202410-Q
06/30/202408/09/202410-Q
03/31/202405/10/202410-Q
12/31/202303/15/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/12/202310-Q
12/31/202203/16/202310-K
09/30/202211/09/202210-Q
06/30/202208/09/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/11/202610-Q
12/31/202503/13/202610-K
09/30/202511/13/202510-Q
06/30/202508/11/202510-Q
03/31/202505/20/202510-Q
12/31/202403/14/202510-K
09/30/202411/08/202410-Q
06/30/202408/09/202410-Q
03/31/202405/10/202410-Q
12/31/202303/15/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/12/202310-Q
12/31/202203/16/202310-K
09/30/202211/09/202210-Q
06/30/202208/09/202210-Q
03/31/202205/10/202210-Q
12/31/202103/15/202210-K
09/30/202111/12/202110-Q
06/30/202108/16/202110-Q

Insider Activity

Updated 6/16/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Prahm, JeremyChief Investment OfficerDirectSell616202620.498,860181,5004,176,051Form
2Sieffert, Kristen NPresidentDirectSell603202619.6475014,7282,494,198Form
3Prahm, JeremyChief Investment OfficerDirectSell603202619.558,252161,3394,158,917Form
4Prahm, JeremyChief Investment OfficerDirectSell519202619.686,000118,0914,349,048Form
5Prahm, JeremyChief Investment OfficerDirectSell511202621.395,228111,8104,854,119Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Prahm, JeremyChief Investment OfficerDirectSell616202620.498,860181,5004,176,051Form
2Sieffert, Kristen NPresidentDirectSell603202619.6475014,7282,494,198Form
3Prahm, JeremyChief Investment OfficerDirectSell603202619.558,252161,3394,158,917Form
4Prahm, JeremyChief Investment OfficerDirectSell519202619.686,000118,0914,349,048Form
5Prahm, JeremyChief Investment OfficerDirectSell511202621.395,228111,8104,854,119Form
6Sieffert, Kristen NPresidentDirectSell505202619.5475014,6552,496,469Form
7Prahm, JeremyChief Investment OfficerDirectSell422202623.016,000138,0495,342,389Form
8Prahm, JeremyChief Investment OfficerDirectSell408202617.835,22893,2264,247,511Form
9Sieffert, Kristen NPresidentDirectSell403202616.6375012,4722,137,155Form
10Prahm, JeremyChief Investment OfficerDirectSell325202617.506,000105,0192,928,180Form
11Engel, Matthew AChief Financial OfficerDirectBuy317202616.4510,600174,402550,123Form
12Cooperman, Leon G See Footnote (1)Buy316202616.102845120,410,260Form
13Blackstone, Tactical Opportunities Associates - NQ Llc Urban Holdings LLCSell302202610.00385,855  Form
14Blackstone, Tactical Opportunities Associates - NQ Llc BFTO LPSell302202610.002,161  Form
15Blackstone, Tactical Opportunities Associates - NQ Llc Urban Holdings II LPSell302202610.001,208,126  Form
16Blackstone, Tactical Opportunities Associates - NQ Llc SeeSell30220260.002  Form
17Blackstone, Tactical Opportunities Fund - U - NQ Llc Urban Holdings LLCSell302202610.00385,855  Form
18Blackstone, Tactical Opportunities Fund - U - NQ Llc BFTO LPSell302202610.002,161  Form
19Blackstone, Tactical Opportunities Fund - U - NQ Llc Urban Holdings II LPSell302202610.001,208,126  Form
20Blackstone, Tactical Opportunities Fund - U - NQ Llc SeeSell30220260.002  Form
21Bto, Urban Holdings Llc Urban Holdings LLCSell302202610.00385,855  Form
22Bto, Urban Holdings Llc BFTO LPSell302202610.002,161  Form
23Bto, Urban Holdings Llc Urban Holdings II LPSell302202610.001,208,126  Form
24Bto, Urban Holdings Llc SeeSell30220260.002  Form
25Sieffert, Kristen NPresidentDirectSell204202623.3275017,4901,855,083Form
26Thornock, Tai AChief Accounting OfficerDirectSell121202624.581,10027,038261,777Form
27Sieffert, Kristen NPresidentDirectSell106202624.1875018,1351,941,630Form
28Thornock, Tai AChief Accounting OfficerDirectSell1218202523.041,10025,344270,720Form
29Blackstone, Tactical Opportunities Associates - NQ Llc Urban Holdings LLCSell1208202510.00385,8553,858,5503,858,550Form
30Blackstone, Tactical Opportunities Associates - NQ Llc BFTO LPSell1208202510.002,16121,61021,610Form
31Blackstone, Tactical Opportunities Associates - NQ Llc Urban Holdings II LPSell1208202510.001,208,12612,081,26012,081,260Form
32Bto, Urban Holdings Llc Urban Holdings LLCSell1208202510.00385,8553,858,5503,858,550Form
33Bto, Urban Holdings Llc BFTO LPSell1208202510.002,16121,61021,610Form
34Bto, Urban Holdings Llc Urban Holdings II LPSell1208202510.001,208,12612,081,26012,081,260Form
35Blackstone, Tactical Opportunities Fund - U - NQ Llc Urban Holdings LLCSell1208202510.00385,8553,858,5503,858,550Form
36Blackstone, Tactical Opportunities Fund - U - NQ Llc BFTO LPSell1208202510.002,16121,61021,610Form
37Blackstone, Tactical Opportunities Fund - U - NQ Llc Urban Holdings II LPSell1208202510.001,208,12612,081,26012,081,260Form
38Sieffert, Kristen NPresidentDirectSell1203202523.5075017,6251,904,652Form
39Thornock, Tai AChief Accounting OfficerDirectSell1119202522.631,10024,893290,796Form
40Sieffert, Kristen NPresidentDirectSell1105202521.8675016,3951,788,126Form
41Thornock, Tai AChief Accounting OfficerDirectSell1020202521.341,10023,474297,693Form
42Sieffert, Kristen NPresidentDirectSell1003202522.1075016,5751,824,333Form
43Thornock, Tai AChief Accounting OfficerDirectSell918202525.871,10028,457389,344Form
44Sieffert, Kristen NPresidentDirectSell904202526.2675019,6952,187,432Form
45Cooperman, Leon G See FootnoteBuy902202522.5310,628239,44928,561,056Form
46Cooperman, Leon G See FootnoteBuy902202520.901,11223,24126,272,596Form
47Cooperman, Leon G See FootnoteBuy902202521.008,778184,33826,374,950Form
48Cooperman, Leon G See FootnoteBuy902202521.2010,000212,00026,440,046Form
49Cooperman, Leon G See FootnoteBuy902202521.904,597100,67427,094,067Form
50Cooperman, Leon G See FootnoteBuy902202522.0010,000220,00027,116,650Form
51Cooperman, Leon G DirectBuy902202521.335,575118,915118,915Form
52Cooperman, Leon G See FootnoteBuy902202521.334259,0657,465Form
53Cooperman, Leon G See FootnoteBuy902202522.702505,675280,345Form
54Cooperman, Leon G See FootnoteBuy902202521.4210,300220,626259,182Form
55Cooperman, Leon G See FootnoteBuy902202521.006,201130,22125,674,075Form
56Cooperman, Leon G See FootnoteBuy902202520.6398720,36237,134Form
57Cooperman, Leon G See FootnoteBuy902202519.3010,000193,00023,476,018Form
58Cooperman, Leon G See FootnoteBuy902202520.755,000103,75025,032,260Form
59Cooperman, Leon G See FootnoteBuy902202520.002665,32024,027,480Form
60Cooperman, Leon G See FootnoteBuy902202517.3920,000347,80020,887,268Form
61Cooperman, Leon G See FootnoteBuy902202520.8030,000624,00024,567,046Form
62Cooperman, Leon G See FootnoteBuy902202521.0010,216214,53624,173,268Form
63Cooperman, Leon G See FootnoteBuy902202520.9513,000272,35023,901,687Form
64Cooperman, Leon G See FootnoteBuy902202521.006,645139,54523,685,732Form
65Cooperman, Leon G See FootnoteBuy902202521.7040,000868,00024,331,060Form
66Cooperman, Leon G See FootnoteBuy902202524.0056513,56025,949,928Form
67Cooperman, Leon G See FootnoteBuy902202514.9199114,77616,112,969Form
68Cooperman, Leon G See FootnoteBuy902202510.0017,256172,56010,796,910Form
69Cooperman, Leon G See FootnoteBuy902202510.022832,8367,846Form
70Cooperman, Leon G See FootnoteBuy902202510.002,27722,77010,624,650Form
71Cooperman, Leon G See FootnoteBuy902202510.002,21222,12010,601,880Form
72Cooperman, Leon G See FootnoteBuy902202510.008,46184,61010,579,760Form
73Cooperman, Leon G See FootnoteBuy902202510.004,86248,62010,495,150Form
74Cooperman, Leon G See FootnoteBuy902202510.006464010,446,530Form
75Cooperman, Leon G See footnoteBuy902202510.001,08010,80010,445,890Form
76Cooperman, Leon G See footnoteBuy90220257.002041,4287,304,563Form
77Cooperman, Leon G See footnoteBuy90220257.0023,703165,9217,303,135Form
78Cooperman, Leon G See footnoteBuy90220257.1027,474195,0657,239,174Form
79Thornock, Tai AChief Accounting OfficerDirectSell820202527.211,10029,931439,442Form
80Sieffert, Kristen NPresidentDirectSell805202520.9575015,7141,761,020Form
81Thornock, Tai AChief Accounting OfficerDirectSell717202523.251,10025,575401,062Form
82Sieffert, Kristen NPresidentDirectSell703202523.1275017,3401,960,553Form
83Thornock, Tai AChief Accounting OfficerDirectSell618202521.351,10023,485391,772Form
84Sieffert, Kristen NPresidentDirectSell604202521.4775016,1021,836,728Form
Core Cache Last Updated: 6/26/2026