Joan Eloise Sproul Sells 1,100 Shares of FirstService Co. (TSE:FSV) Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Director Joan Eloise Sproul sold 1,100 shares of the business’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of C$205.96, for a total value of C$226,556.00.

Joan Eloise Sproul also recently made the following trade(s):

• On Friday, May 10th, Joan Eloise Sproul sold 150 shares of FirstService stock. The stock was sold at an average price of C$206.15, for a total value of C$30,922.50.

FirstService Price Performance

TSE:FSV opened at C$208.77 on Monday. The company has a debt-to-equity ratio of 105.61, a quick ratio of 1.25 and a current ratio of 1.84. The firm has a market cap of C$9.39 billion, a price-to-earnings ratio of 75.92, a P/E/G ratio of 107.75 and a beta of 0.92. FirstService Co. has a 52 week low of C$186.83 and a 52 week high of C$231.73. The firm’s 50-day simple moving average is C$204.57 and its 200 day simple moving average is C$215.01.

FirstService (TSE:FSV) (NASDAQ:FSV) last released its quarterly earnings results on Wednesday, April 24th. The company reported C$0.75 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.79 by C($0.04). The business had revenue of C$1.56 billion during the quarter, compared to analyst estimates of C$1.53 billion. FirstService had a net margin of 2.03% and a return on equity of 10.81%. As a group, sell-side analysts predict that FirstService Co. will post 6.5524661 earnings per share for the current year.

FirstService Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 5th. Investors of record on Friday, June 28th will be given a $0.345 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.66%. This is a boost from FirstService’s previous quarterly dividend of $0.34. FirstService’s dividend payout ratio (DPR) is presently 49.82%.

FirstService Company Profile

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.