Firm Capital Mortgage Investment (TSE:FC) Given a C$12.00 Price Target by National Bank Financial Analysts

Firm Capital Mortgage Investment (TSE:FC) has been given a C$12.00 price objective by analysts at National Bank Financial in a report issued on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price target indicates a potential downside of 1.64% from the company’s previous close.

Firm Capital Mortgage Investment Price Performance

TSE:FC traded up C$0.07 during mid-day trading on Monday, hitting C$12.20. 59,487 shares of the company’s stock traded hands, compared to its average volume of 62,255. The company has a debt-to-equity ratio of 30.25, a quick ratio of 17.11 and a current ratio of 1.03. Firm Capital Mortgage Investment has a 1 year low of C$11.51 and a 1 year high of C$12.48. The company has a market cap of C$448.22 million, a PE ratio of 12.44 and a beta of 0.63. The firm’s 50 day simple moving average is C$12.05 and its 200 day simple moving average is C$12.01.

Firm Capital Mortgage Investment (TSE:FC) last issued its quarterly earnings data on Tuesday, May 5th. The company reported C$0.23 earnings per share (EPS) for the quarter. The business had revenue of C$13.72 million for the quarter. Firm Capital Mortgage Investment had a return on equity of 8.48% and a net margin of 56.81%. Sell-side analysts expect that Firm Capital Mortgage Investment will post 1.0697674 EPS for the current year.

About Firm Capital Mortgage Investment

Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors.