First Foundation Stock Soars 13.87% Ahead of Earnings

On March 24, 2025, First Foundation's stock price surged by 13.87% in pre-market trading, indicating a strong bullish sentiment among investors.

First Foundation Inc (FFWM) has seen significant volatility in recent trading sessions, with its stock price rising 0.21% on March 21, 2025, closing at $4.83. The stock's price movement has been within a range of $4.69 and $4.89, with a beta value of 1.36 over the past five years. The company's 52-week high and low were $8.52 and $4.52, respectively, and it has moved -6.58% over the past month.

Investors are eagerly awaiting the company's earnings report, scheduled for January 29, 2025. Analysts have a consensus estimate of $64.13 million for the company's revenue for the quarter, with a low and high estimate of $62 million and $66.6 million, respectively. The average forecast suggests up to a 25.57% growth in sales compared to the same period last fiscal year. Wall Street analysts have also projected the company's year-on-year revenue to grow to $279.95 million, representing a 19.49% jump on that reported in the last financial year.

Technical indicators suggest that FFWM is a 100% Sell in the short, medium, and long term. Three analysts have given their forecast ratings for the stock, with all three rating it as a Hold. The stock's current price is -1.07% and -9.75% off the 20-day and 50-day simple moving averages, respectively. The Relative Strength Index (RSI, 14) currently prints 41.66, while the 7-day volatility ratio is 3.25% and 3.65% in the 30-day chart. Analysts have given the company's stock an average 52-week price target of $9, forecast between a low of $5 and high of $12.