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OTCM
FACO
Market cap225mUSD
Oct 08, Last price  
6.10USD
1D
0.00%
1Q
12.96%
Jan 2017
486.54%
Name

First Acceptance Corp

Chart & performance

D1W1MN
OTCM:FACO chart
P/E
7.45
P/S
0.44
EPS
0.82
Div yield, %
—
Shrs. gr., 5y
-0.63%
Rev. gr., 5y
13.44%
Revenues
506m
-9.49%
347,637,000332,399,000265,465,000223,173,000210,734,000210,734,000228,059,000240,512,000263,194,000331,892,000389,623,000347,518,000323,813,000292,691,000269,580,000285,247,000302,296,000487,542,000559,427,000506,340,000
Net income
30m
+14.97%
-16,670,000-17,845,000-68,300,0007,040,000-56,780,000-56,780,000-9,040,0009,180,00028,068,000-1,930,000-29,282,000-8,604,00017,718,00015,356,00010,418,000-1,228,000-17,488,00073,912,00026,291,00030,226,000
CFO
47m
-9.55%
52,869,00036,727,00018,368,000-5,315,000-1,117,000-6,169,0003,804,00017,755,00027,009,00029,307,000-13,628,0009,001,0007,195,000-8,384,000497,000-6,598,000-3,889,00085,158,00052,115,00047,136,000
Dividend
Dec 15, 20210.11 USD/sh

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Profile

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; renters, and homeowners; term life insurance products, as well as roadside assistance. The company primarily distributes its products through its retail locations, as well as through call center and internet. First Acceptance Corporation was founded in 1969 and is headquartered in Nashville, Tennessee.

Key people

Larry Willeford
President, Chief Executive Officer · since 2021
Brent Gay
Chief Financial Officer, Senior Vice President · since 2013
Doug Jensen
Chief Claims Officer · since 2019
Chairman of the Board · since 2011
Mark Kelly
Director · since 2014
Independent Director · since 2004
Ronald H. Davies
Independent Director · since 2024
Donald Edwards
Independent Director · since 2004
Independent Director · since 2005
Lyndon Olson
Independent Director · since 2004
William Shipp
Independent Director · since 2004
IPO date
Mar 17, 1980
Employees
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
3813 Green Hills Village Drive
Nashville, TN 37213
US

Valuation

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