First Acceptance (FACO) Stock Price

First Acceptance Price

OTC·CLOSED
5.40USD-0.0100 (-0.19 %)
Market closed

Revenue has compounded at 28.9% per year over the past 19 years to 347.50 M USD. Earnings per share have grown at 14.9% per year over the last 16 years. First Acceptance's net margin stands at -2.5%, down from 3.8% several years earlier. First Acceptance currently offers a dividend yield of about 0.11%. The payout ratio is around 30% of earnings. The stock trades about 70% above its 52-week low.

First Acceptance stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of First Acceptance over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how First Acceptance stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing First Acceptance's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

First Acceptance Stock Price History
DateFirst Acceptance Price
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Access this data via the Eulerpool API

First Acceptance Revenue, EBIT, Net Income

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  • 5 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2010
223.20 M USD
11.00 M USD
7.00 M USD
Jan 1, 2011
210.70 M USD
-300,000.00 USD
-56.80 M USD
Jan 1, 2012
228.10 M USD
-6.00 M USD
-9.00 M USD
Jan 1, 2013
240.60 M USD
11.60 M USD
9.20 M USD
Jan 1, 2014
263.20 M USD
11.40 M USD
28.10 M USD
Jan 1, 2015
331.90 M USD
4.10 M USD
-1.90 M USD
Jan 1, 2016
388.50 M USD
-41.90 M USD
-29.30 M USD
Jan 1, 2017
347.50 M USD
11.10 M USD
-8.60 M USD

First Acceptance Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 21, 2026, 11:26 AM
 
REVENUEM USD
REVENUE GROWTH%
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2002200320042005200620072008200920102011201220132014201520162017
1.001.0023.00166.00249.00347.00332.00265.00223.00210.00228.00240.00263.00331.00388.00347.00
-66.672,200.00621.7450.0039.36-4.32-20.18-15.85-5.838.575.269.5825.8617.22-10.57
-1.00-5.0024.0027.002.008.0023.0011.00-6.0011.0011.004.00-41.0011.00
-100.00-21.7414.4610.840.582.418.684.93-2.634.584.181.21-10.573.17
-1.00-3.0026.0028.00-16.00-17.00-68.007.00-56.00-9.009.0028.00-1.00-29.00-8.00
200.00-966.677.69-157.146.25300.00-110.29-900.00-83.93-200.00211.11-103.572,800.00-72.41
20.3020.4025.0049.0049.6047.6047.6047.7048.6048.2040.9041.1041.3041.0041.1041.30
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales First Acceptance generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue First Acceptance retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare First Acceptance's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares First Acceptance has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against First Acceptance's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

First Acceptance stock margins

The First Acceptance margin analysis displays the gross margin, EBIT margin, as well as the profit margin of First Acceptance. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for First Acceptance.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2010
0.00 %
4.93 %
3.14 %
Jan 1, 2011
0.00 %
-0.14 %
-26.96 %
Jan 1, 2012
0.00 %
-2.63 %
-3.95 %
Jan 1, 2013
0.00 %
4.82 %
3.82 %
Jan 1, 2014
0.00 %
4.33 %
10.68 %
Jan 1, 2015
0.00 %
1.24 %
-0.57 %
Jan 1, 2016
0.00 %
-10.79 %
-7.54 %
Jan 1, 2017
0.00 %
3.19 %
-2.47 %

First Acceptance Stock Revenue, EBIT, Earnings per Share

The First Acceptance earnings per share therefore indicates how much revenue First Acceptance has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2010
4.59 USD
0.23 USD
0.14 USD
Jan 1, 2011
4.37 USD
-0.01 USD
-1.18 USD
Jan 1, 2012
5.58 USD
-0.15 USD
-0.22 USD
Jan 1, 2013
5.85 USD
0.28 USD
0.22 USD
Jan 1, 2014
6.37 USD
0.28 USD
0.68 USD
Jan 1, 2015
8.10 USD
0.10 USD
-0.05 USD
Jan 1, 2016
9.45 USD
-1.02 USD
-0.71 USD
Jan 1, 2017
8.41 USD
0.27 USD
-0.21 USD

First Acceptance business model & stock analysis

First Acceptance Corp is an American insurance company that has been operating in the insurance sector since 1990. The company is headquartered in Nashville, Tennessee and operates more than 350 agencies in 16 US states. The company's goal is to provide insurance for high-risk customers who are often rejected by other insurers. The company was founded in 1990 by founder Rick D. Norris. Norris had previously worked in the car insurance industry and based on his experiences, he believed that there was a market gap. He recognized that many low-income customers had difficulty finding insurance that would accept them. For this reason, he founded First Acceptance Corp and offered affordable car insurance. In the following years, the company expanded and also offered other types of insurance such as liability and accident insurance. In 2007, First Acceptance Corp was listed on the NASDAQ stock exchange. The business model of First Acceptance Corp is based on enabling insurance coverage for customers with a higher risk profile through risk differentiation. The company focuses on customers with a poorer risk profile in order to be able to offer insurance coverage, while maintaining a balanced ratio between risk and premium. The company not only focuses on the car insurance sector, but also offers other insurance products such as household, liability, and accident insurance. First Acceptance Corp is involved in various business areas. The focus is on car insurance, but there are also other divisions that the company serves. - Car insurance: First Acceptance Corp offers insurance for all types of vehicles. The company specializes in customers with a higher risk. - Household insurance: Household belongings are protected against damages. - Liability insurance: Liability insurance protects the policyholder against potential claims for damages caused by the policyholder, such as in a car accident. - Accident insurance: Accident insurance protects the insured and their family from the financial impact that can result from an accident. First Acceptance Corp offers various products to meet the needs of its customers. Some products include: - Car liability insurance: This insurance is legally required and protects the policyholder against third-party liability claims. - Comprehensive insurance: Comprehensive insurance protects the policyholder against damages to their own vehicle that were not caused by the policyholder, such as theft or hail damage. - Collision insurance: Collision insurance offers the most comprehensive protection for the policyholder's own vehicle, regardless of who is responsible for the damage. - Liability insurance: Liability insurance can be of great importance in the event of property or personal injury, as it protects the policyholder and their family from significant financial burdens. - Accident insurance: Accident insurance can be useful in the event that the insured becomes disabled due to an accident or the accident results in a fatality. In summary, First Acceptance Corp is an American insurance company that specializes in customers with a higher risk profile. The company offers various insurance products for cars, household, liability, and accidents and has established itself on a broad basis. The company's philosophy is based on the belief that every customer has the right to insurance coverage, regardless of their income or financial situation.

First Acceptance SWOT Analysis

Strengths

First Acceptance Corp has several strengths that contribute to its competitive advantage:

  • Strong market presence and brand recognition
  • Wide range of insurance products offered
  • Efficient and streamlined business operations
  • Strong financial performance and stability
  • Experienced and skilled management team

Weaknesses

Despite its strengths, First Acceptance Corp also faces certain weaknesses:

  • Limited geographical presence
  • Relatively small customer base compared to industry leaders
  • High dependency on third-party vendors
  • Limited diversification of revenue streams
  • Vulnerable to regulatory changes and compliance requirements

Opportunities

There are several opportunities that First Acceptance Corp can capitalize on:

  • Expansion into new markets and regions
  • Introduction of innovative insurance products
  • Potential mergers and acquisitions to increase market share
  • Increased demand for insurance services due to population growth
  • Utilizing technology advancements to enhance customer experience

Threats

First Acceptance Corp faces several threats that pose challenges to its business:

  • Intense competition from established insurance providers
  • Economic downturns and financial market fluctuations
  • Changing customer preferences and behaviors
  • Increasing regulatory and compliance requirements
  • Emergence of new disruptive technologies

First Acceptance Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

First Acceptance historical P/E ratio, EBIT multiple, and P/S ratio

First Acceptance annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

First Acceptance shares outstanding

  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2010
48.60 M Stocks
Jan 1, 2011
48.20 M Stocks
Jan 1, 2012
40.90 M Stocks
Jan 1, 2013
41.10 M Stocks
Jan 1, 2014
41.30 M Stocks
Jan 1, 2015
41.00 M Stocks
Jan 1, 2016
41.10 M Stocks
Jan 1, 2017
41.30 M Stocks

First Acceptance Dividend History

6 years of dividend payments

YearAnnual DividendYoY ChangePayments
20210.38USD 6,233.3%
20020.01USD 95.2%
20010.13USD 33.0%
20000.09USD 56.7%
19990.06USD 71.4%
19900.21USD

First Acceptance dividend payout ratio

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2010
63.93 %
Jan 1, 2011
63.78 %
Jan 1, 2012
64.10 %
Jan 1, 2013
63.94 %
Jan 1, 2014
63.94 %
Jan 1, 2015
63.99 %
Jan 1, 2016
63.96 %
Jan 1, 2017
63.96 %
Price targets and forecasts for First Acceptance are not yet available.

First Acceptance Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
11/8/20050.11USD62.15 MUSD2005 Q3
9/12/20050.09USD50.21 MUSD2005 Q2
5/12/20050.11USD48.62 MUSD2005 Q1
2/14/20050.08USD39.79 MUSD2004 Q4

First Acceptance shareholder structure

% Name
0.58716%
Bertolet Capital LLC
Bertolet Capital LLC
0.15721%
Strategic Planning, Inc.
Strategic Planning, Inc.
0.00000%
Sippican Capital Advisors LLC
Sippican Capital Advisors LLC

First Acceptance Executives and Management Board

DE

Mr. Donald Edwards

Independent Director · since 2002

Compensation3.23 M USD
BG

Mr. Brent Gay

(40)

Chief Financial Officer, Senior Vice President

Compensation483,238.00 USD
MK

Mr. Mark Kelly

(50)

Director · since 2011

Compensation346,586.00 USD
JF

Mr. Jeremy Ford

(49)

Chairman of the Board · since 2000

Compensation28,000.00 USD
LW

Mr. Larry Willeford

President, Chief Executive Officer

Frequently asked questions about First Acceptance

The business model of First Acceptance Corp focuses on providing insurance services to customers. As a leading insurance company, First Acceptance Corp offers a wide range of coverage options, including auto, motorcycle, and renters insurance. With a customer-centric approach, the company aims to deliver affordable and reliable insurance solutions tailored to meet individual needs. First Acceptance Corp strives to establish long-lasting relationships with its policyholders by ensuring exceptional customer service and efficient claims processing. Through its dedicated team and comprehensive insurance offerings, First Acceptance Corp has positioned itself as a reputable provider in the insurance industry.