FY2026 EPS Estimate for FirstService Decreased by Analyst

FirstService Corporation (NASDAQ:FSV) (TSE:FSV) – Scotiabank cut their FY2026 EPS estimates for FirstService in a research note issued to investors on Friday, May 1st. Scotiabank analyst H. Gupta now expects that the financial services provider will post earnings of $5.60 per share for the year, down from their previous forecast of $5.81. Scotiabank has a “Sector Outperform” rating and a $190.00 price objective on the stock. The consensus estimate for FirstService’s current full-year earnings is $5.59 per share. Scotiabank also issued estimates for FirstService’s FY2027 earnings at $6.24 EPS.

Several other analysts have also weighed in on FSV. Weiss Ratings reiterated a “hold (c)” rating on shares of FirstService in a research note on Friday, March 27th. Loop Capital initiated coverage on shares of FirstService in a research note on Monday. They set a “hold” rating and a $140.00 target price for the company. Stifel Nicolaus reduced their price target on shares of FirstService from $215.00 to $200.00 and set a “buy” rating for the company in a report on Monday, April 27th. TD Cowen reduced their price target on shares of FirstService from $217.00 to $201.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, TD Securities set a $204.00 price target on shares of FirstService in a report on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $196.89.

FirstService Stock Down 3.3%

FSV stock opened at $128.01 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.62 and a quick ratio of 1.73. FirstService has a 1-year low of $127.70 and a 1-year high of $209.66. The firm has a fifty day moving average price of $145.27 and a two-hundred day moving average price of $153.60. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 36.16, a PEG ratio of 3.99 and a beta of 0.97.

FirstService (NASDAQ:FSV) (TSE:FSV) last released its earnings results on Thursday, April 23rd. The financial services provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. FirstService had a net margin of 2.92% and a return on equity of 16.45%. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm earned $0.92 earnings per share. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year.

Hedge Funds Weigh In On FirstService

Several hedge funds and other institutional investors have recently modified their holdings of the company. M&T Bank Corp bought a new position in FirstService in the 4th quarter valued at about $6,120,000. Captrust Financial Advisors grew its position in FirstService by 3.0% in the 3rd quarter. Captrust Financial Advisors now owns 247,931 shares of the financial services provider’s stock valued at $47,228,000 after buying an additional 7,136 shares in the last quarter. Y Intercept Hong Kong Ltd grew its position in FirstService by 68.4% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 15,738 shares of the financial services provider’s stock valued at $2,998,000 after buying an additional 6,394 shares in the last quarter. Louisbourg Investments Inc. bought a new position in FirstService in the 4th quarter valued at about $3,837,000. Finally, Jacobson & Schmitt Advisors LLC grew its position in FirstService by 52.4% in the 4th quarter. Jacobson & Schmitt Advisors LLC now owns 144,994 shares of the financial services provider’s stock valued at $22,551,000 after buying an additional 49,829 shares in the last quarter. Institutional investors and hedge funds own 69.35% of the company’s stock.

FirstService Company Profile

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.