Added to YB: 2024-12-09
Pitch date: 2024-12-09
FOA [bullish]
Finance of America Companies Inc.
+8.94%
current return
Author Info
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Company Info
Finance of America Companies Inc. a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States.
Market Cap
$198.4M
Pitch Price
$22.49
Price Target
100.00 (+355%)
Dividend
N/A
Sector
Financial Services
Category
growth
Unlocking Home Equity: Why FOA Could Reach $100+
FOA: Reverse mortgage provider w/ $7.3B floating-rate mortgages, 4.8% spread on $7.3B = $350M/yr. $220M mkt cap, $1B cash flow next 4yrs. Bull case: silver tsunami, higher prices boost appeal. 37% mkt share in niche. Undervalued at $20, potential $100+ in few years. Risks: rate changes, complex accounting.
Read full article (2 min)