
FirstService Corporation (NASDAQ:FSV – Free Report) (TSE:FSV) – Research analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for FirstService in a note issued to investors on Tuesday, July 7th. Scotiabank analyst H. Gupta now expects that the financial services provider will earn $5.61 per share for the year, up from their prior estimate of $5.60. Scotiabank currently has a “Outperform” rating and a $175.00 price target on the stock. The consensus estimate for FirstService’s current full-year earnings is $5.54 per share.
FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. FirstService had a net margin of 2.92% and a return on equity of 17.91%. The business’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.92 earnings per share.
FirstService Trading Down 2.2%
Shares of FSV stock opened at $141.68 on Thursday. FirstService has a 52-week low of $119.41 and a 52-week high of $209.66. The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 40.02, a P/E/G ratio of 4.40 and a beta of 0.94. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.66 and a current ratio of 1.66. The firm has a fifty day moving average of $136.83 and a 200-day moving average of $146.32.
FirstService Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th were given a dividend of $0.305 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 0.9%. FirstService’s dividend payout ratio (DPR) is 34.46%.
Hedge Funds Weigh In On FirstService
Several institutional investors have recently added to or reduced their stakes in FSV. M&T Bank Corp bought a new position in shares of FirstService in the fourth quarter valued at approximately $6,120,000. Captrust Financial Advisors grew its position in FirstService by 3.0% during the 3rd quarter. Captrust Financial Advisors now owns 247,931 shares of the financial services provider’s stock worth $47,228,000 after acquiring an additional 7,136 shares during the last quarter. UBS Group AG grew its position in FirstService by 40.5% during the 4th quarter. UBS Group AG now owns 174,467 shares of the financial services provider’s stock worth $27,135,000 after acquiring an additional 50,263 shares during the last quarter. Copeland Capital Management LLC increased its holdings in FirstService by 3.3% during the 4th quarter. Copeland Capital Management LLC now owns 346,042 shares of the financial services provider’s stock valued at $53,820,000 after purchasing an additional 10,970 shares in the last quarter. Finally, Jacobson & Schmitt Advisors LLC increased its holdings in FirstService by 52.4% during 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 purchasing an additional 49,829 shares in the last quarter. 69.35% of the stock is owned by institutional investors.
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.
Further Reading
- Five stocks we like better than FirstService
- A Market Panic Just Discounted the AI Highway’s Tollbooth
- Why Exxon Could Be the Market’s Next Big Comeback Stock
- The Market Just Got Shaken—These 3 ETFs May Come Out Stronger
- Meta Platforms’ Cloud Push: Growth Opportunity Versus AI Concerns
Receive News & Ratings for FirstService Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstService and related companies with MarketBeat.com's FREE daily email newsletter.
