Finance of America Companies Stock Set to Reverse Split on Friday, July 26th (NYSE:FOA)

Finance of America Companies Inc. (NYSE:FOA) shares are going to reverse split on the morning of Friday, July 26th. The 1-10 reverse split was announced on Friday, July 26th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, July 26th.

Finance of America Companies Stock Performance

Shares of Finance of America Companies stock opened at $0.71 on Monday. The company has a debt-to-equity ratio of 69.71, a current ratio of 2.84 and a quick ratio of 2.84. The firm has a market cap of $69.71 million, a price-to-earnings ratio of -0.58 and a beta of 1.04. The stock’s 50-day moving average is $0.59 and its 200-day moving average is $0.72. Finance of America Companies has a one year low of $0.41 and a one year high of $2.07.

Finance of America Companies (NYSE:FOA) last announced its earnings results on Monday, May 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.01. The firm had revenue of $74.68 million during the quarter, compared to analyst estimates of $59.00 million. Equities analysts predict that Finance of America Companies will post -0.04 earnings per share for the current fiscal year.

About Finance of America Companies

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. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners.