Truist Securities Cuts FAF Price Target to $78

Truist Securities maintained its Buy rating on First American Financial Corporation (NYSE: FAF) on October 23, 2026, while lowering its price target from $80.00 to $78.00.

FAF First American Financial Corporation

$65.12 ▲ +9.39% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Truist Securities' Call on First American Financial

In its research note on October 23, 2026, Truist Securities kept its Buy rating on the specialty insurance provider while bringing its target down from the prior level of $80.00 to $78.00. This adjustment follows a series of target revisions across Wall Street firms covering the stock.

Other Institutional Activity in First American Financial

Boston Partners grew its holdings by 91,988 shares, ending with 5,841,231 shares worth about $378,511,786.00. Ariel Investments, LLC reduced its position by 609,241 shares, holding 3,229,706 shares valued at roughly $209,284,958.00. LSV Asset Management raised its stake by 1,157,928 shares to reach 2,315,857 shares worth about $150,067,540.00, marking a 100.0% increase. Arrowstreet Capital, Limited Partnership grew its holdings by 693,446 shares, ending with 1,977,842 shares valued at approximately $128,164,167.00.

First American Financial Corporation Stock Down 3.0%

First American Financial shares recently traded around $64.45 as of October 23, 2026, down about 0.5% from their close of $64.80 on the same day. The stock sits 19.3% below its 52-week high of $79.87 and 14.7% above its 52-week low of $56.20.

Recent Earnings

The company reported trailing twelve-month revenue of $8.09 billion and earnings of $7.07 per share, alongside a net profit margin of 9.1% and year-over-year revenue growth of 5.3%. Its next earnings report is scheduled for release on February 10, 2027.

Dividend

The firm pays an annual dividend rate of $2.44 per share, translating to a dividend yield of 3.75% and a payout ratio of 30.5%.

Insider Buying and Selling at First American Financial Corporation

Insider activity leading up to the announcement included several transactions by company directors and officers. Director Parker Steven Kennedy bought 5,984 shares valued at $4,050,101.00 on February 17, 2026. Later, Director Margaret M. McCarthy sold 6,630 shares on April 24, 2026, at an average price of $70.59 for a total value of $468,008.00. Officer Lisa W. Cornehl sold 5,823 shares on May 5, 2026, at an average price of $68.63, totaling $399,647.00. Finally, Officer Steven A. Adams sold 3,252 shares valued at $243,924.00 on July 24, 2026.

Analysts Set New Price Targets

Keefe, Bruyette & Woods maintained an Outperform rating on the stock with an $86.00 price target on July 24, 2026. Barclays maintained an Overweight rating while lowering its target from $83.00 to $79.00 on October 5, 2026. On October 23, 2026, Barclays maintained its Overweight rating and brought its target down from $79.00 to $75.00. Across the broader analyst community, the stock carries a consensus recommendation of strong buy with a mean price target of $82.33.

About First American Financial

First American Financial Corporation provides financial services through its subsidiaries, focusing on title insurance, settlement services, and home warranty offerings for residential and commercial properties.

Bottom Line

Investors will watch the company's next earnings report on February 10, 2027, for further updates on financial performance and market conditions.