FY2026 EPS Estimates for FirstService Lowered by Scotiabank

FirstService Co. (TSE:FSV) (NASDAQ:FSV) – Scotiabank lowered their FY2026 earnings estimates for FirstService in a report issued on Friday, May 1st. Scotiabank analyst H. Gupta now forecasts that the company will post earnings of $7.61 per share for the year, down from their previous estimate of $7.94. 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 $8.48 EPS.

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

Other equities analysts also recently issued research reports about the stock. TD lowered their target price on shares of FirstService from C$217.00 to C$201.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. TD Securities boosted their target price on shares of FirstService from C$211.00 to C$217.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to MarketBeat.com, FirstService presently has an average rating of “Buy” and an average price target of C$209.00.

FirstService Price Performance

FSV stock opened at C$174.24 on Tuesday. FirstService has a one year low of C$173.99 and a one year high of C$290.34. The company’s fifty day moving average price is C$199.47 and its 200-day moving average price is C$212.13. The company has a debt-to-equity ratio of 95.68, a quick ratio of 1.25 and a current ratio of 1.26. The company has a market capitalization of C$8.01 billion, a PE ratio of 49.08, a price-to-earnings-growth ratio of 107.75 and a beta of 0.84.

Insiders Place Their Bets

In related news, Director D. Scott Patterson sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of C$214.00, for a total value of C$2,140,000.00. Following the sale, the director owned 135,000 shares in the company, valued at approximately C$28,890,000. The trade was a 6.90% decrease in their ownership of the stock. Insiders have sold a total of 24,700 shares of company stock valued at $5,296,022 in the last quarter. Insiders own 10.26% of the company’s stock.

About FirstService

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.