First American Financial Corporation (NYSE:FAF) is included among the 15 Overlooked Dividend Stocks to Buy Right Now. Truist Lifts Price Target on First American (FAF) Following Solid Q3 Performance Photo by Dan Dennis on Unsplash On October 23, Truist Securitie‍s raised its price targ⁠et‍ for First American Financial Corporation (NYSE:FAF) to $76 f‍rom $⁠7​3 while mai‌nt‍aining‍ a B‍uy rat‌in⁠g following the company’s third-qua⁠rter results, according to a report by The Fly. The firm also increased its ...

Core Insights - First American Financial Corporation (FAF) announced a 2% increase in its quarterly cash dividend to 55 cents per share, reflecting its strong financial position and commitment to shareholders [1][2][9] - The new dividend yield is 3.2%, significantly higher than the industry average of 0.2%, making FAF an attractive option for yield-seeking investors [3][9] - FAF has a solid track record of dividend increases, with a nine-year compound annual growth rate (CAGR) of 5.5% [3][9] Financial Strength and Capital Management - FAF is committed to returning excess cash to shareholders through both dividend increases and share repurchases, with a new repurchase plan authorizing up to $300 million [4][5] - As of June 30, 2025, FAF had $114.2 million in cash and cash equivalents, along with $900 million available on its revolving credit facility, indicating strong liquidity [6][9] - The return on equity for FAF was 10.4%, outperforming the industry average of 7.6%, which supports its ability to sustain dividend payments [7] Market Performance - FAF shares have gained 9% year-to-date, outperforming the industry growth of 7.5%, indicating positive market momentum [8] - The company's strategy of enhancing growth and capital position is expected to help maintain this momentum [8]