First American (FAF) Rises 15% in 6 Months: Will the Rally Last?

Shares of First American Financial (FAF) have gained 14.7% in the past six months, outperforming the industry's growth of 9.1% and the Zacks S&P 500 composite's increase of 5.9%. In contrast, the Finance sector declined 0.5% in the said time frame. Increased demand among millennials for first-time home purchases, the expansion of valuation and data businesses, as well as strength in commercial business and technological upgrades drive this Zacks Rank #3 (Hold) insurer. The Zacks Consensus Estimate for 2024 ...