Raymond James Has Weak Forecast for FirstService Q1 Earnings

FirstService Co. (NASDAQ:FSV) (TSE:FSV) – Research analysts at Raymond James reduced their Q1 2025 earnings estimates for shares of FirstService in a research note issued to investors on Thursday, February 6th. Raymond James analyst F. Bastien now expects that the financial services provider will post earnings per share of $0.76 for the quarter, down from their prior forecast of $0.82. Raymond James has a “Outperform” rating and a $225.00 price target on the stock. The consensus estimate for FirstService’s current full-year earnings is $5.28 per share. Raymond James also issued estimates for FirstService’s Q2 2025 earnings at $1.47 EPS, Q3 2025 earnings at $1.76 EPS and Q4 2025 earnings at $1.35 EPS.

Several other equities research analysts have also recently weighed in on FSV. StockNews.com raised shares of FirstService from a “hold” rating to a “buy” rating in a research report on Friday, October 25th. Stifel Nicolaus boosted their price target on FirstService from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Scotiabank increased their price objective on shares of FirstService from $190.00 to $200.00 and gave the company a “sector perform” rating in a research report on Tuesday, October 15th. Finally, TD Securities lifted their target price on shares of FirstService from $179.00 to $182.00 and gave the stock a “hold” rating in a research note on Thursday, October 17th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, FirstService currently has an average rating of “Moderate Buy” and an average price target of $201.67.

FirstService Trading Up 2.3 %

FSV opened at $177.00 on Monday. FirstService has a 52 week low of $141.26 and a 52 week high of $197.84. The company has a market capitalization of $8.01 billion, a P/E ratio of 59.60 and a beta of 1.06. The stock’s fifty day moving average is $182.99 and its two-hundred day moving average is $182.09. The company has a quick ratio of 1.79, a current ratio of 1.75 and a debt-to-equity ratio of 1.09.

FirstService Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Monday, March 31st will be paid a $0.275 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.10 dividend on an annualized basis and a dividend yield of 0.62%. This is a positive change from FirstService’s previous quarterly dividend of $0.25. FirstService’s dividend payout ratio is presently 37.04%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Signaturefd LLC raised its position in shares of FirstService by 7.5% in the fourth quarter. Signaturefd LLC now owns 1,363 shares of the financial services provider’s stock worth $247,000 after acquiring an additional 95 shares during the period. Polen Capital Management LLC boosted its stake in shares of FirstService by 16.5% in the fourth quarter. Polen Capital Management LLC now owns 32,771 shares of the financial services provider’s stock worth $5,932,000 after acquiring an additional 4,634 shares during the last quarter. Gitterman Wealth Management LLC purchased a new stake in shares of FirstService during the fourth quarter worth $201,000. Natixis Advisors LLC raised its holdings in FirstService by 3.5% in the 4th quarter. Natixis Advisors LLC now owns 24,645 shares of the financial services provider’s stock valued at $4,461,000 after acquiring an additional 833 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ lifted its position in FirstService by 3.7% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 28,371 shares of the financial services provider’s stock worth $5,136,000 after buying an additional 1,000 shares in the last quarter. 69.35% of the stock is currently owned by hedge funds and other institutional investors.

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.