FirstService Co. (TSE:FSV) Director Joan Eloise Sproul Sells 100 Shares

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Director Joan Eloise Sproul sold 100 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of C$243.91, for a total transaction of C$24,391.00.

FirstService Stock Performance

FirstService stock traded up C$1.44 during midday trading on Friday, reaching C$246.00. 86,676 shares of the stock traded hands, compared to its average volume of 72,737. The firm has a fifty day moving average price of C$235.14 and a two-hundred day moving average price of C$219.62. FirstService Co. has a fifty-two week low of C$187.25 and a fifty-two week high of C$250.66. The firm has a market cap of C$11.07 billion, a price-to-earnings ratio of 101.06, a PEG ratio of 107.75 and a beta of 0.97. The company has a current ratio of 1.74, a quick ratio of 1.25 and a debt-to-equity ratio of 105.28.

FirstService (TSE:FSV) (NASDAQ:FSV) last posted its earnings results on Thursday, July 25th. The company reported C$1.71 EPS for the quarter, beating the consensus estimate of C$1.58 by C$0.13. The firm had revenue of C$1.78 billion for the quarter, compared to analysts’ expectations of C$1.76 billion. FirstService had a return on equity of 9.46% and a net margin of 1.73%. On average, equities research analysts forecast that FirstService Co. will post 7.5382739 earnings per share for the current year.

FirstService Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 7th. Stockholders of record on Monday, September 30th will be paid a $0.337 dividend. This represents a $1.35 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date is Friday, September 27th. FirstService’s dividend payout ratio is currently 56.20%.

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.