Professional
Added to YB: 2025-03-14
Pitch date: 2025-03-12
FOA [bullish]
Finance of America Companies Inc.
-2.82%
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
$210.4M
Pitch Price
$21.62
Price Target
N/A
Dividend
N/A
Sector
Financial Services
Category
value
Pernas Research Starter Position Initiated On: Finance of America Companies Inc.
FOA (initiated): Leading reverse mortgage player (37% share) after AAG acquisition. 19% YoY growth in originations despite rate volatility. Trades at 0.57x P/B despite positive adj. income, cost cuts, and innovation. Demographic tailwinds with $14T home equity. Upside potential as rates fall, outweighing rate/home value risks.
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