Finance Of America Companies Inc. is a US-listed company in the commercial & residential mortgage finance industry. Its financial year ends in December.
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to June 2026 was $337m, down 42.3% on a year earlier, a steeper fall than the 6.9% decline a quarter earlier. That puts it 13 of 13 for growth among the commercial & residential mortgage finance companies we cover.
Our model value for Finance Of America Companies is under review, so past values are not shown until it is resolved.
Source: 10-Q filed August 7, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Finance Of America Companies Inc.'s trailing-twelve-month revenue fell 42.3% year on year, with a free-cash-flow margin of -164.8%. Where it lags: revenue growth of -42.3% ranks 13 of 14 commercial & residential mortgage finance companies we cover.
Current signal Revenue growth decelerating: TTM revenue growth slowed to -42.3% (-35.4pp vs the prior quarter), the 2nd consecutive quarterly slowdown.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Company announcements, filed results and changes that matter to shareholders.
No model value for Finance Of America Companies Inc. at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Finance Of America Companies Inc. as a bank or lender, with every model that fits that kind of business. Cost of equity 9.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.95 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. | ~$7.1 | Included |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$19 ~$25–$37 | Included |
| Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. | ~$50 ~$47–$60 | Included |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Finance Of America Companies Inc. with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Next results: November 3, 2026, after the close. Analysts expect revenue of $132m and EPS of $1.26 (range $1.10 to $1.37) for the quarter.
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | $4.57 | — | $450m | — |
| Next | $5.11 | +12% | $554m | +23% |
Next year's EPS estimate has moved −4.4% in 90 days, across 3 analysts.
The consensus EPS forecast for the current fiscal year is −3.8% on 90 days ago. In the last 30 days, 0 analysts raised Finance Of America Companies Inc.'s forecast and 3 cut it.
Average of analysts' published estimates (third-party data).
| Period | Current fiscal year | Next fiscal year |
|---|---|---|
| 90 days ago | $4.75 | $5.35 |
| 60 days ago | $4.75 | $5.35 |
| 30 days ago | $4.66 | $5.18 |
| 7 days ago | $4.59 | $5.14 |
| Now | $4.57 | $5.11 |
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | $1.09 | $0.84 | −23.2% |
| Mar 2026 | $0.84 | $1.10 | +30.9% |
| Sept 2025 | $0.67 | $1.33 | +98.2% |
Adjusted EPS as companies report it, against the average analyst estimate.
Last 12 months −50.2%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $584m | $337m | −42.3% |
| P/S multiple | 1.0x | 0.7x | −32.3% |
| Share count | 27m | 21m | +27.4% |
Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.
Last 3 years +3.3%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $56m | $337m | +501.6% |
| P/S multiple | 3.1x | 0.7x | −78.0% |
| Share count | 16m | 21m | −21.9% |
Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| FOA | −62% | −68% | −13% | +156% | −14% | −55% |
| Industry peers (median) | +6% | −11% | +12% | +6% | +6% | +2% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| FOA | 8% | 33% | 42% | 58% | 42% | 36% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| FOA | −67% | −71% | −64% | −59% | −41% | −63% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since April 18, 2019: 96% from May 5, 2021 to July 2, 2024. Getting back needed a 2482% gain, and the shares have not yet recovered.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 4, 2026 | −4.7% | +1.6% | −7.7% | −26.0% |
| May 5, 2026 | +4.0% | +2.2% | −1.4% | −0.1% |
| March 10, 2026 | −2.3% | −0.3% | +2.9% | +6.0% |
| November 4, 2025 | +3.6% | −0.8% | +5.2% | +1.2% |
| August 5, 2025 | +12.4% | +0.3% | +33.1% | +26.6% |
| May 6, 2025 | +5.3% | −0.4% | +8.0% | +3.6% |
| March 11, 2025 | +4.9% | −0.3% | +9.5% | −8.8% |
| November 6, 2024 | +1.2% | +3.3% | +36.1% | +44.5% |
| August 6, 2024 | +1.4% | +0.2% | +5.3% | +38.4% |
| May 6, 2024 | +11.1% | +1.1% | +20.7% | +9.8% |
| March 6, 2024 | +3.3% | +1.5% | −9.7% | −13.1% |
| November 7, 2023 | −26.5% | +0.4% | −11.8% | −6.7% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q3 | $23.1M |
| FY23 Q4 | $234.3M |
| FY24 Q1 | $168.1M |
| FY24 Q2 | $359M |
| FY24 Q3 | $719.5M |
| FY24 Q4 | $394.4M |
| FY25 Q1 | $485.4M |
| FY25 Q2 | $583.7M |
| FY25 Q3 | $374.5M |
| FY25 Q4 | $497.4M |
| FY26 Q1 | $451.9M |
| FY26 Q2 | $337M |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY23 Q3 | -93.8% |
| FY23 Q4 | 351.0% |
| FY24 Q1 | 14.5% |
| FY24 Q2 | 540.9% |
| FY24 Q3 | 3011.5% |
| FY24 Q4 | 68.4% |
| FY25 Q1 | 188.8% |
| FY25 Q2 | 62.6% |
| FY25 Q3 | -48.0% |
| FY25 Q4 | 26.1% |
| FY26 Q1 | -6.9% |
| FY26 Q2 | -42.3% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY23 Q3 | 1455.4% |
| FY23 Q4 | -30.6% |
| FY24 Q1 | -253.2% |
| FY24 Q2 | -118.0% |
| FY24 Q3 | -52.7% |
| FY24 Q4 | -107.5% |
| FY25 Q1 | -79.0% |
| FY25 Q2 | -64.4% |
| FY25 Q3 | -118.7% |
| FY25 Q4 | -86.4% |
| FY26 Q1 | -103.7% |
| FY26 Q2 | -164.8% |
| Fiscal year | 2019 Dec 2019 | 2020 Dec 2020 | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 | LTM Jun 2026 |
|---|---|---|---|---|---|---|---|
| Income | |||||||
| Revenue | 892 | 1,800 | 53 | 234 | 394 | 497 | 337 |
| EBITDA | 19 | 17 | — | — | — | — | — |
| Operating income | −0 | −2 | — | — | — | — | — |
| Net income | 54 | 518 | −191 | −80 | 15 | 45 | −0 |
| Diluted EPS | — | — | −$1.04 | −$3.26 | $1.18 | $3.74 | −$0.02 |
| Growth (year on year) | |||||||
| Revenue | — | +101.9% | −97.1% | +344.0% | +68.4% | +26.1% | −42.3% |
| EBITDA | — | −10.9% | — | — | — | — | — |
| Net income | — | +852.7% | −136.8% | — | — | +192.1% | −100.4% |
| Diluted EPS | — | — | — | — | — | +216.9% | — |
| Margins | |||||||
| EBITDA margin | 2.1% | 0.9% | — | — | — | — | — |
| Operating margin | −0.0% | −0.1% | — | — | — | — | — |
| Net margin | 6.1% | 28.8% | −361.4% | −34.2% | 3.9% | 9.1% | −0.1% |
| Free-cash-flow margin | 10.9% | −38.6% | >999% | −30.6% | −107.5% | −86.4% | −164.8% |
| Cash flow | |||||||
| Cash from operations | 101 | −686 | 1,408 | −72 | −424 | −430 | −555 |
| Capital spending | 4 | 9 | 11 | 0 | 0 | 0 | 0 |
| Free cash flow | 97 | −695 | 1,397 | −72 | −424 | −430 | −555 |
| Stock-based pay | 3 | — | — | — | — | — | — |
| Free cash flow after stock pay | 94 | — | — | — | — | — | — |
| Balance sheet | |||||||
| Cash | 383 | 233 | 61 | 46 | 47 | 90 | 85 |
| Total debt | 0 | 337 | 399 | 411 | 435 | 358 | 358 |
| Net debt (negative = net cash) | −383 | 103 | 338 | 364 | 388 | 268 | 272 |
| Diluted shares | — | — | 56m | 25m | 23m | 27m | 21m |
| Returned to shareholders | |||||||
| Buybacks | — | — | — | — | 0 | 40 | — |
| Total returned | — | — | — | — | 0 | 40 | — |
| Quarter | 2024 Q3 Sept 2024 | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 | 2026 Q1 Mar 2026 | 2026 Q2 Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 290 | −49 | 166 | 177 | 81 | 74 | 120 | 62 |
| Net income | 84 | −59 | 30 | 35 | −10 | −10 | 18 | 2 |
| Diluted EPS | $7.50 | −$5.29 | $2.43 | $2.13 | −$1.27 | −$0.34 | $0.88 | −$1.28 |
| Growth (year on year) | ||||||||
| Revenue | — | −117.9% | +121.9% | +124.4% | −72.1% | — | −27.5% | −64.8% |
| Net income | — | −196.3% | — | — | −111.3% | — | −42.0% | −94.1% |
| Diluted EPS | — | −166.5% | — | — | −116.9% | — | −63.8% | −160.1% |
| Margins | ||||||||
| Net margin | 29.0% | 119.5% | 18.2% | 19.7% | −11.8% | −14.1% | 14.6% | 3.3% |
| Free-cash-flow margin | −28.1% | 214.9% | −55.6% | −54.4% | −185.2% | −124.4% | −108.9% | −293.3% |
| Cash flow | ||||||||
| Cash from operations | −81 | −106 | −92 | −96 | −150 | −91 | −131 | −183 |
| Capital spending | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | −81 | −106 | −92 | −96 | −150 | −91 | −131 | −183 |
| Last 12 months unless stated | FOA | TFSL | AGM | NMIH | ONIT | MTG | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $337m | $344m | $446m | $731m | $1.1bn | $1.2bn | $1.2bn |
| Revenue growth, last 12 months | −42.3% | 10.5% | 14.7% | 7.5% | 16.3% | −1.9% | 11.0% |
| Revenue growth, 3-year average | 81.9% | 3.6% | 11.7% | 10.4% | 3.5% | 1.0% | 10.8% |
| Revenue growth, latest quarter | −64.8% | 8.8% | 21.8% | 8.1% | 14.7% | −2.9% | 11.7% |
| Operating margin | −0.5% | — | — | — | 3.6% | — | 3.6% |
| Net margin | −0.1% | 29.7% | 51.4% | 54.1% | 12.3% | 59.2% | 15.0% |
| Cash from operations / revenue | −164.8% | 28.5% | 69.6% | 61.4% | −183.6% | 59.2% | 20.0% |
| Free-cash-flow margin | −164.8% | 25.1% | 69.6% | 60.4% | −183.9% | 59.1% | 10.1% |
| Free-cash-flow margin, 3-year average | −115.7% | 28.3% | 86.3% | 59.2% | −84.0% | 61.0% | 1.3% |
| Stock pay / revenue | — | 2.5% | 1.9% | 2.8% | 0.7% | 2.0% | 1.9% |
| Change in share count | — | 0.1% | −0.3% | −3.0% | 4.9% | −11.5% | −0.1% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | -42.3% | 11.4% | 13 of 14 |
| Change in growth rate Growth | -35.4pp | +0.2pp | 13 of 14 |
| Net margin Profitability | -0.1% | 17.7% | 11 of 14 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Cooperman Leon G | $35.4M | 1.3M | 26.8% | 0.0% |
| Beach Point Capital Management LP | $25.5M | 928K | 19.3% | 0.0% |
| Blackrock, Inc. | $8.4M | 304K | 6.3% | ▲ 5.5% |
| Vanguard Capital Management LLC | $7.7M | 281K | 5.9% | ▼ 13.5% |
| Brigade Capital Management, LP | $7.7M | 280K | 5.8% | ▲ 78.6% |
| American Century Companies Inc | $4.8M | 175K | 3.6% | ▲ 8.8% |
| Dimensional Fund Advisors LP | $3.7M | 136K | 2.8% | ▲ 32.9% |
| Geode Capital Management, LLC | $3.2M | 115K | 2.4% | ▲ 3.6% |
| Purpose Unlimited Inc. | $3M | 110K | 2.3% | 0.0% |
| Rbf Capital, LLC | $2.8M | 102K | 2.1% | ▲ 10.0% |
| Corient Ia LP | $2.5M | 92K | 1.9% | ▲ 1120.0% |
| Jacobs Levy Equity Management, Inc | $2.5M | 89K | 1.9% | ▲ 26.2% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Finance Of America Companies Inc.'s complete shareholder register. Values are as reported by the filers .
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Prahm Jeremy Chief Investment Officer | October 19, 2026 | Sell pre-set plan | 5,610 | $10.74 | $60,265 |
| Prahm Jeremy Chief Investment Officer | October 5, 2026 | Sell pre-set plan | 6,000 | $13.20 | $79,202 |
| Sieffert Kristen N President | October 1, 2026 | Sell pre-set plan | 750 | $12.53 | $9,398 |
| Prahm Jeremy Chief Investment Officer | September 21, 2026 | Sell pre-set plan | 6,000 | $13.98 | $83,880 |
| Prahm Jeremy Chief Investment Officer | September 8, 2026 | Sell pre-set plan | 6,000 | $16.82 | $100,920 |
| Sieffert Kristen N President | September 1, 2026 | Sell pre-set plan | 750 | $17.55 | $13,162 |
| Prahm Jeremy Chief Investment Officer | August 24, 2026 | Sell pre-set plan | 6,000 | $19.87 | $119,220 |
| Prahm Jeremy Chief Investment Officer | August 10, 2026 | Sell pre-set plan | 6,000 | $21.73 | $130,380 |
| Prahm Jeremy Chief Investment Officer | August 6, 2026 | Sell pre-set plan | 6,000 | $22.26 | $133,560 |
| Sieffert Kristen N President | August 3, 2026 | Sell pre-set plan | 750 | $23.61 | $17,708 |
| Prahm Jeremy Chief Investment Officer | July 13, 2026 | Sell pre-set plan | 6,000 | $25.60 | $153,600 |
| Sieffert Kristen N President | July 1, 2026 | Sell pre-set plan | 750 | $27.36 | $20,520 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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