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First Acceptance Corporation (FACO)

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.

Sector: Insurance - Property & Casualty

Industry: Insurance - Property & Casualty

First Acceptance Corporation logo

First Acceptance Corporation

OTC:FACOFinancial Services
-0.83%$6.00
Mkt Cap$223.25M
Float12.85M
O/S37.21M
Inst Own-
SI<0.1%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$223.25M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership--

based on 37.21M shares outstanding

SectorFinancial Services
IndustryInsurance - Property & Casualty
ExchangeOTC
CountryUSUS
IPO Date-
Shares Outstanding37.21M
Float12.85M
Company Overview

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.

Leadership

Daniel L. Walker

Senior Vice President — Operations

Edward L. Pierce

President

Keith E. Bornemann

Vice President and Corporate Controller

Kevin P. Cohn

Senior Vice President and Chief Financial Officer

Employees

633

Country

US

Sector

Financial Services

Website

firstacceptance.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
--
Institutional
(1)
--
Insiderⓘ
(0)
--
5%+ Owners
(0)
--
Unattributed (incl. retail)ⓘ
Top Shareholders
NameShares%
Strategic Planning, Inc. logo
Strategic Planning, Inc.
49.4K--
Sources: 13F, 13D/13G
Insiders & Institutional Holders

Top institutional holders

52-Week Range
$3.25$6.90
$6.00(75th percentile)
Volume
Average Daily Volume5.72K
201 today vs 5.72K avg(-96%)

30d Avg

5.72K

60d Avg

17.09K

90d Avg

13.14K

Earnings
Dividend History
TTM Yield
--
Annual (LTM)
--
Latest
$0.1100
Dec 15, 21
5Y Growth
--
Compliance Status
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