Brokerages Set First National Financial Co. (TSE:FN) PT at C$42.67

Shares of First National Financial Co. (TSE:FN) have been assigned a consensus rating of “Hold” from the six analysts that are covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$42.67.

FN has been the topic of a number of recent research reports. TD Securities raised their price target on shares of First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. CIBC increased their target price on shares of First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, National Bankshares lifted their price target on shares of First National Financial from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 30th.

Insider Activity

In other First National Financial news, insider FNSC Holdings Inc. purchased 25,774 shares of the stock in a transaction dated Monday, October 7th. The stock was bought at an average price of C$38.81 per share, with a total value of C$1,000,288.94. In the last ninety days, insiders bought 147,553 shares of company stock worth $6,146,094. 71.45% of the stock is currently owned by corporate insiders.

First National Financial Stock Performance

Shares of TSE FN opened at C$44.44 on Friday. The stock has a 50 day moving average of C$40.68 and a 200-day moving average of C$38.06. The company has a market capitalization of C$2.67 billion, a P/E ratio of 11.70, a P/E/G ratio of 0.70 and a beta of 1.04. First National Financial has a 12 month low of C$35.15 and a 12 month high of C$45.10. The company has a current ratio of 8.92, a quick ratio of 10.11 and a debt-to-equity ratio of 6,280.61.

First National Financial Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.708 per share. The ex-dividend date is Friday, November 29th. This represents a yield of 1.71%. First National Financial’s payout ratio is 64.47%.

First National Financial Company Profile

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.