First National Financial (FN) Scheduled to Post Quarterly Earnings on Tuesday

First National Financial (TSE:FN) will post its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect First National Financial to post earnings of C$1.09 per share for the quarter.

First National Financial (TSE:FN) last posted its quarterly earnings results on Tuesday, July 30th. The company reported C$0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.93 by C($0.04). The firm had revenue of C$205.45 million for the quarter, compared to analyst estimates of C$227.10 million. First National Financial had a net margin of 32.60% and a return on equity of 30.22%.

First National Financial Stock Performance

FN stock opened at C$40.22 on Monday. The company has a current ratio of 8.92, a quick ratio of 10.11 and a debt-to-equity ratio of 6,280.61. The firm has a market cap of C$2.41 billion, a P/E ratio of 10.58, a P/E/G ratio of 0.70 and a beta of 1.04. First National Financial has a 12-month low of C$33.07 and a 12-month high of C$41.41. The stock’s 50 day simple moving average is C$38.53 and its 200 day simple moving average is C$37.33.

First National Financial Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a dividend of $0.204 per share. This represents a $2.45 annualized dividend and a dividend yield of 6.09%. The ex-dividend date of this dividend is Thursday, October 31st. First National Financial’s dividend payout ratio is currently 64.47%.

Insider Activity at First National Financial

In related news, insider FNSC Holdings Inc. acquired 25,774 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The shares were acquired at an average cost of C$38.81 per share, for a total transaction of C$1,000,288.94. 71.45% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Scotiabank boosted their price target on shares of First National Financial from C$41.00 to C$44.00 in a report on Wednesday, July 24th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$40.67.

About First National Financial

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.