FirstService Co. (FSV) To Go Ex-Dividend on September 27th

FirstService Co. (TSE:FSV) (NASDAQ:FSV) declared a quarterly dividend on Tuesday, September 10th, Zacks reports. Shareholders of record on Monday, September 30th will be paid a dividend of 0.337 per share on Monday, October 7th. This represents a $1.35 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Friday, September 27th.

FirstService Price Performance

Shares of TSE:FSV opened at C$245.79 on Wednesday. The business has a fifty day moving average price of C$237.19 and a 200-day moving average price of C$220.08. The company has a debt-to-equity ratio of 105.28, a current ratio of 1.74 and a quick ratio of 1.25. The company has a market capitalization of C$11.07 billion, a PE ratio of 101.15, a PEG ratio of 107.75 and a beta of 0.97. FirstService has a 1-year low of C$187.25 and a 1-year high of C$250.66.

FirstService (TSE:FSV) (NASDAQ:FSV) last posted its quarterly earnings results on Thursday, July 25th. The company reported C$1.71 EPS for the quarter, beating analysts’ consensus estimates of C$1.58 by C$0.13. FirstService had a net margin of 1.73% and a return on equity of 9.46%. The firm had revenue of C$1.78 billion for the quarter, compared to analysts’ expectations of C$1.76 billion. As a group, equities analysts expect that FirstService will post 7.5465152 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Erin Joy Wallace sold 11,500 shares of the stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of C$174.35, for a total transaction of C$2,004,993.95. Corporate insiders own 10.28% of the company’s stock.

About FirstService

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.