FY2025 EPS Estimates for FirstService Decreased by Analyst

FirstService Corporation (NASDAQ:FSV) (TSE:FSV) – Stock analysts at Scotiabank dropped their FY2025 earnings per share (EPS) estimates for FirstService in a research report issued to clients and investors on Friday, January 23rd. Scotiabank analyst H. Gupta now forecasts that the financial services provider will earn $5.30 per share for the year, down from their prior forecast of $5.34. Scotiabank currently has a “Sector Outperform” rating and a $205.00 price target on the stock. The consensus estimate for FirstService’s current full-year earnings is $5.27 per share. Scotiabank also issued estimates for FirstService’s FY2026 earnings at $5.70 EPS.

Other research analysts have also recently issued research reports about the company. Weiss Ratings restated a “hold (c+)” rating on shares of FirstService in a research note on Monday, December 22nd. CIBC lowered their price objective on FirstService from $225.00 to $216.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. Raymond James Financial reduced their target price on shares of FirstService from $225.00 to $215.00 and set an “outperform” rating on the stock in a research report on Monday, October 27th. Stifel Nicolaus lowered their price target on shares of FirstService from $230.00 to $215.00 and set a “buy” rating for the company in a research report on Monday, October 27th. Finally, Wall Street Zen lowered shares of FirstService from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $211.83.

FirstService Trading Down 2.3%

Shares of FSV opened at $157.49 on Monday. FirstService has a 1-year low of $147.23 and a 1-year high of $209.66. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.90. The firm’s 50-day moving average price is $155.87 and its 200-day moving average price is $175.35. The firm has a market capitalization of $7.20 billion, a price-to-earnings ratio of 52.15, a PEG ratio of 2.79 and a beta of 1.06.

Institutional Trading of FirstService

Institutional investors and hedge funds have recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in FirstService by 17.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,940 shares of the financial services provider’s stock worth $3,416,000 after buying an additional 3,184 shares in the last quarter. Baskin Financial Services Inc. grew its holdings in FirstService by 0.4% during the 4th quarter. Baskin Financial Services Inc. now owns 251,527 shares of the financial services provider’s stock valued at $39,107,000 after buying an additional 1,023 shares during the last quarter. Farther Finance Advisors LLC increased its position in FirstService by 7.1% during the fourth quarter. Farther Finance Advisors LLC now owns 3,804 shares of the financial services provider’s stock worth $592,000 after buying an additional 252 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of FirstService by 40.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 137,612 shares of the financial services provider’s stock worth $21,403,000 after acquiring an additional 39,686 shares during the last quarter. Finally, Personal CFO Solutions LLC lifted its position in shares of FirstService by 14.9% in the fourth quarter. Personal CFO Solutions LLC now owns 1,601 shares of the financial services provider’s stock valued at $249,000 after acquiring an additional 208 shares in the last quarter. Institutional investors own 69.35% of the company’s stock.

FirstService Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 31st were issued a $0.275 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.10 annualized dividend and a yield of 0.7%. FirstService’s payout ratio is 36.42%.

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.