Scotiabank Brokers Raise Earnings Estimates for FirstService

FirstService Co. (TSE:FSV) (NASDAQ:FSV) – Analysts at Scotiabank increased their FY2026 earnings per share estimates for FirstService in a research report issued on Tuesday, July 7th. Scotiabank analyst H. Gupta now forecasts that the company will post earnings per share of $8.00 for the year, up from their prior forecast of $7.59. The consensus estimate for FirstService’s current full-year earnings is $7.52 per share. Scotiabank also issued estimates for FirstService’s FY2027 earnings at $8.82 EPS.

Separately, TD reduced their target price on shares of FirstService from C$217.00 to C$201.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$209.00.

FirstService Price Performance

Shares of TSE:FSV opened at C$200.75 on Thursday. The company has a current ratio of 1.26, a quick ratio of 1.25 and a debt-to-equity ratio of 95.68. The stock’s fifty day simple moving average is C$190.51 and its two-hundred day simple moving average is C$201.80. FirstService has a 1-year low of C$169.60 and a 1-year high of C$290.34. The stock has a market cap of C$9.23 billion, a PE ratio of 56.55, a price-to-earnings-growth ratio of 107.75 and a beta of 0.79.

FirstService (TSE:FSV) (NASDAQ:FSV) last announced its earnings results on Thursday, April 23rd. The company reported C$1.32 earnings per share (EPS) for the quarter. The company had revenue of C$1.83 billion for the quarter. FirstService had a return on equity of 12.11% and a net margin of 2.93%.

Insider Activity at FirstService

In other FirstService news, insider Firstservice Corporation acquired 2,372 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was bought at an average cost of C$182.30 per share, with a total value of C$432,415.60. Following the acquisition, the insider owned 8,872 shares in the company, valued at approximately C$1,617,365.60. This represents a 36.49% increase in their ownership of the stock. In the last 90 days, insiders have purchased 7,872 shares of company stock worth $1,431,216. Corporate insiders own 10.26% of the company’s stock.

FirstService Company Profile

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.