First Amern Finl Corp Stock Price, News & Analysis

First American Financial Corporation (NYSE: FAF) has declared a quarterly cash dividend of 46 cents per common share.

This dividend is payable on March 15, 2021 to shareholders of record as of March 8, 2021. The company, with total revenue of $6.2 billion in 2019, continues to offer a wide range of real estate services, reflecting its strong market position.

First American Financial Corporation (NYSE: FAF) announced an exit from its property and casualty insurance business by entering into book transfer agreements with Safeco Insurance and Heritage Insurance Holdings. These agreements will allow property and casualty agents to transfer their policies efficiently. The decision follows a process initiated in October aimed at refocusing on core business operations. The transfer is expected to be completed by the end of Q3 2022. Dennis J. Gilmore, CEO, emphasized the reliability of the new carriers for agents and customers.

First American Financial Corporation (NYSE: FAF) has scheduled a conference call on February 11, 2021, at 11 a.m. EST to discuss its fourth-quarter and full-year 2020 earnings results. The earnings announcement will precede the call, occurring at 6:45 a.m. EST. This conference call is accessible to investors and the public online and via phone.

First American generated $6.2 billion in revenue in 2019 and has maintained a presence since 1889, providing title insurance and risk solutions.

First American Title Insurance Company, a major subsidiary of First American Financial Corporation (NYSE: FAF), has become a Founding Donor of the ALTA Good Deeds Foundation. This non-profit was established by the American Land Title Association to enhance charitable efforts supporting housing needs and relief during national emergencies, including COVID-19. The Foundation will accept grant applications semi-annually, with the first cycle closing on January 31, 2021. The initiative underscores First American Title's commitment to community services and economic development.

First American Title Insurance Company has expanded its Secure Portal to Texas real estate professionals, enhancing secure communication in real estate transactions. The Secure Portal, launched in 2018, allows users to track transactions, access documents, and communicate safely with escrow teams. This move follows a successful pilot program and aims to reduce risks of real estate-related fraud. The company emphasizes the importance of secure environments for sharing transactional information, providing peace of mind for all participants.