Scotiabank Has Negative View of FirstService FY2026 Earnings

FirstService Co. (TSE:FSV) (NASDAQ:FSV) – Scotiabank cut their FY2026 earnings per share estimates for FirstService in a report issued on Wednesday, February 11th. Scotiabank analyst H. Gupta now expects that the company will post earnings of $7.85 per share for the year, down from their prior forecast of $7.87. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for FirstService’s current full-year earnings is $7.52 per share.

Separately, TD Securities upped their price target on shares of FirstService from C$211.00 to C$217.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Strong Buy” and an average price target of C$217.00.

FirstService Price Performance

TSE FSV opened at C$213.50 on Thursday. The firm’s 50 day moving average is C$215.71 and its 200-day moving average is C$240.52. The company has a quick ratio of 1.25, a current ratio of 1.81 and a debt-to-equity ratio of 136.54. The company has a market capitalization of C$9.76 billion, a PE ratio of 67.35, a price-to-earnings-growth ratio of 107.75 and a beta of 0.78. FirstService has a 12-month low of C$203.88 and a 12-month high of C$290.34.

FirstService (TSE:FSV) (NASDAQ:FSV) last announced its earnings results on Wednesday, February 4th. The company reported C$1.88 earnings per share (EPS) for the quarter. FirstService had a return on equity of 10.05% and a net margin of 2.19%.The business had revenue of C$1.90 billion for the quarter.

About FirstService

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company’s revenue. FirstService Brands provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America.