First Acceptance Corporation
First Acceptance Corporation
Your view on FACO
Overview
What the company does, where it operates, and who runs it.
About First Acceptance Corporation
- Industry
- Insurance - Property & Casualty
- Sector
- Financial Services
- CEO
- Kenneth Duane Russell
- Headquarters
- 3813 Green Hills Village Drive, Nashville, TN, US
- Industry
- Insurance - Property & Casualty
- Sector
- Financial Services
- CEO
- Kenneth Duane Russell
- Headquarters
- 3813 Green Hills Village Drive, Nashville, TN, US
First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States.
It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment preference, failure to maintain continuous insurance coverage, or driving record.
The company also underwrites auto and motorcycle insurance products; and renters, homeowners, commercial, pet, life, travel, outdoor vehicle, and hospital indemnity insurance products.
In addition, it provides TeleMed, a subscription service that offers access to doctor for consulting, diagnosing, and prescribing medication for non-emergency illness. The company primarily distributes its products through its retail locations, as well as through call center and internet.
As of December 31, 2021, it leased and operated 338 retail locations, and a call center. First Acceptance Corporation was founded in 1969 and is headquartered in Nashville, Tennessee.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for First Acceptance Corporation, and the rating behind it. FACO last traded at $4.19, 5.9× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for First Acceptance Corporation. Starting points for First Acceptance Corporation: P/E 5.9, EPS $1.02, beta 0.06 — an Insurance - Property & Casualty name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for First Acceptance Corporation. First Acceptance Corporation does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for First Acceptance Corporation. Trailing twelve-month EPS for First Acceptance Corporation stands at $1.02. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for First Acceptance Corporation. First Acceptance Corporation has reported as a listed company since 1972. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
First Acceptance Corporation valued side by side against its closest peers. First Acceptance Corporation is measured against Insurance - Property & Casualty peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold First Acceptance Corporation, and how their positions are changing. At a $153.5M market value, institutional positions materially move First Acceptance Corporation's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by First Acceptance Corporation executives and directors. Shares of First Acceptance Corporation have traded between $3.00 and $4.49 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming First Acceptance Corporation. First Acceptance Corporation is a $153.5M Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming First Acceptance Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for First Acceptance Corporation. Coverage tracks First Acceptance Corporation within Insurance - Property & Casualty (Financial Services). Press releases and market coverage, newest first.