# Finance of America Companies (FOA.US)

Canonical: https://gigainvestors.com/s/FOA

Analysis as of: 2026-10-16T07:28:36.425Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $10.99 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Leon Cooperman](https://gigainvestors.com/oa): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 61% since Dec 2024

Story as of 2026-10-16T10:01:29.702Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in credit services; annual sales are USD 497.4 million.

- Source: https://www.sec.gov/Archives/edgar/data/1828937/000162828026017692/foa-20251231.htm#000162828026017692 (filed 2026-03-13); FY2025: revenue 497432000; grossProfit 411967000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-05); FOA.US: Finance of America Companies Inc. a financial service holding company, through its subsidiaries, provides home equity-based financing solutions for a modern retirement in the United States. The company operates through two segments: Retirement Solutions and Portfolio Management. It offers home equity conversion and non-agency reverse mortgage loans; and product development, loan securitization, loan sales, risk management, servicing oversight, and asset management services. The company was founded in 2013 and is headquartered in Plano, Texas.

### Why customers stay

Margins ranged from 68.6% to 82.8% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); FY2023: grossProfit / revenue = 75.6%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); FY2024: grossProfit / revenue = 68.6%.

- Source: https://www.sec.gov/Archives/edgar/data/1828937/000162828026017692/foa-20251231.htm (filed 2026-03-13); FY2025: grossProfit / revenue = 82.8%.

### Where the cash goes

Paid dividends in 1 of 3 years; bought back USD 40.1 million of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); Dividend observations: [[2023,0],[2024,0],[2025,196000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/1828937/000162828026017692/foa-20251231.htm (filed 2026-03-13); FY2025: cash repurchases 40149000 USD.

### Are managers owners

Insiders own 48.8% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-05); FOA.US SharesStats.PercentInsiders = 48.797000000000004 percentage points; cache date 2026-10-05.

### What the price says

The price is 0.6 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); Closing price 10.99 USD; reporting-to-trading FX 1; FY2025 annual sales per share 18.470784970857657; price multiple 0.5949936625508613. FY2025 cash earnings/share -16.334750486850623. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2019-04: $9.72 per share

- 2019-05: $9.70 per share

- 2019-06: $9.77 per share

- 2019-07: $9.86 per share

- 2019-08: $9.93 per share

- 2019-09: $9.93 per share

- 2019-10: $9.95 per share

- 2019-11: $9.92 per share

- 2019-12: $10.03 per share

- 2020-01: $10.08 per share

- 2020-02: $10.11 per share

- 2020-03: $9.89 per share

- 2020-04: $10.04 per share

- 2020-05: $9.99 per share

- 2020-06: $10.20 per share

- 2020-07: $10.23 per share

- 2020-08: $10.15 per share

- 2020-09: $10.18 per share

- 2020-10: $10.06 per share

- 2020-11: $10.11 per share

- 2020-12: $10.40 per share

- 2021-01: $10.19 per share

- 2021-02: $10.17 per share

- 2021-03: $9.55 per share

- 2021-04: $11.14 per share

- 2021-05: $9.86 per share

- 2021-06: $7.63 per share

- 2021-07: $6.45 per share

- 2021-08: $5.50 per share

- 2021-09: $4.95 per share

- 2021-10: $4.79 per share

- 2021-11: $4.10 per share

- 2021-12: $3.97 per share

- 2022-01: $3.73 per share

- 2022-02: $3.24 per share

- 2022-03: $3.04 per share

- 2022-04: $2.26 per share

- 2022-05: $2.42 per share

- 2022-06: $1.57 per share

- 2022-07: $1.77 per share

- 2022-08: $1.22 per share

- 2022-09: $1.48 per share

- 2022-10: $1.61 per share

- 2022-11: $1.37 per share

- 2022-12: $1.27 per share

- 2023-01: $1.76 per share

- 2023-02: $1.46 per share

- 2023-03: $1.24 per share

- 2023-04: $1.63 per share

- 2023-05: $1.42 per share

- 2023-06: $1.91 per share

- 2023-07: $1.99 per share

- 2023-08: $1.42 per share

- 2023-09: $1.28 per share

- 2023-10: $1.04 per share

- 2023-11: $0.92 per share

- 2023-12: $1.10 per share

- 2024-01: $0.84 per share

- 2024-02: $0.86 per share

- 2024-03: $0.74 per share

- 2024-04: $0.48 per share

- 2024-05: $0.58 per share

- 2024-06: $0.49 per share

- 2024-07: $7.40 per share

- 2024-08: $7.28 per share

- 2024-09: $11.57 per share

- 2024-10: $12.24 per share

- 2024-11: $19.44 per share

- 2024-12: $28.12 per share

- 2025-01: $24.96 per share

- 2025-02: $22.63 per share

- 2025-03: $21.26 per share

- 2025-04: $20.88 per share

- 2025-05: $21.96 per share

- 2025-06: $23.32 per share

- 2025-07: $21.53 per share

- 2025-08: $26.71 per share

- 2025-09: $22.43 per share

- 2025-10: $22.00 per share

- 2025-11: $23.96 per share

- 2025-12: $24.21 per share

- 2026-01: $23.29 per share

- 2026-02: $19.35 per share

- 2026-03: $16.60 per share

- 2026-04: $19.75 per share

- 2026-05: $19.92 per share

- 2026-06: $27.52 per share

- 2026-07: $22.75 per share

- 2026-08: $17.75 per share

- 2026-09: $12.64 per share

- 2026-10: $10.99 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-13T06:30:02.336Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1828937/000162828026017692/foa-20251231.htm); period 2025-12-31, filed 2026-03-13.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Leon Cooperman](https://gigainvestors.com/oa): 1,286,068 FOA shares; USD 35,393,000 reported position value; 1% of portfolio; hold; quarter 2026 Q2.

# FOA — Finance Of America Companies Inc.

Held by 1 investor · USD 35,393,000 total · 2026 Q2 · reported price USD 27.52 (split-adjusted).
Page: https://gigainvestors.com/s/FOA

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Leon Cooperman (https://gigainvestors.com/oa) | USD 35,393,000 | 1.0% | hold |

## Total held by quarter

- 2021 Q2: USD 33,572,000 · 1 holder · USD 76.30
- 2021 Q3: USD 23,442,309 · 1 holder · USD 49.50
- 2021 Q4: USD 20,108,050 · 1 holder · USD 39.70
- 2022 Q1: USD 15,582,766 · 1 holder · USD 30.40
- 2022 Q2: USD 8,164,000 · 1 holder · USD 15.70
- 2022 Q3: USD 7,696,000 · 1 holder · USD 14.80
- 2022 Q4: USD 7,073,951 · 1 holder · USD 12.70
- 2023 Q1: USD 7,255,947 · 1 holder · USD 12.40
- 2023 Q2: USD 11,201,214 · 1 holder · USD 19.10
- 2023 Q3: USD 7,593,229 · 1 holder · USD 12.80
- 2023 Q4: USD 6,600,000 · 1 holder · USD 11.00
- 2024 Q1: USD 4,410,000 · 1 holder · USD 7.35
- 2024 Q2: USD 3,276,374 · 1 holder · USD 4.93
- 2024 Q3: USD 12,148,674 · 1 holder · USD 11.57
- 2024 Q4: USD 30,411,639 · 1 holder · USD 28.12
- 2025 Q1: USD 25,558,496 · 1 holder · USD 21.26
- 2025 Q2: USD 29,742,608 · 1 holder · USD 23.32
- 2025 Q3: USD 28,845,877 · 1 holder · USD 22.43
- 2025 Q4: USD 31,135,028 · 1 holder · USD 24.21
- 2026 Q1: USD 21,348,729 · 1 holder · USD 16.60
- 2026 Q2: USD 35,393,000 · 1 holder · USD 27.52