First National Financial Co. (FN) To Go Ex-Dividend on September 27th

First National Financial Co. (TSE:FN) declared a monthly dividend on Monday, September 16th, Zacks reports. Shareholders of record on Friday, September 27th will be paid a dividend of 0.204 per share on Tuesday, October 15th. This represents a $2.45 annualized dividend and a yield of 6.30%. The ex-dividend date of this dividend is Friday, September 27th.

First National Financial Price Performance

First National Financial stock opened at C$38.83 on Wednesday. The company has a debt-to-equity ratio of 6,280.61, a quick ratio of 10.11 and a current ratio of 8.92. The company has a market capitalization of C$2.33 billion, a price-to-earnings ratio of 10.22, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. The company’s 50 day simple moving average is C$37.43 and its 200-day simple moving average is C$36.92. First National Financial has a 1 year low of C$32.86 and a 1 year high of C$41.41.

First National Financial (TSE:FN) last released its quarterly earnings results on Tuesday, July 30th. The company reported C$0.89 EPS for the quarter, missing analysts’ consensus estimates of C$0.93 by C($0.04). First National Financial had a return on equity of 30.22% and a net margin of 32.60%. The firm had revenue of C$205.45 million for the quarter, compared to analyst estimates of C$227.10 million. As a group, equities research analysts expect that First National Financial will post 4.0384205 earnings per share for the current year.

Insider Buying and Selling at First National Financial

In other news, insider FNSC Holdings Inc. bought 16,565 shares of First National Financial stock in a transaction that occurred on Thursday, September 19th. The shares were purchased at an average price of C$39.24 per share, with a total value of C$650,010.60. 71.45% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, Scotiabank lifted their target price on First National Financial from C$41.00 to C$44.00 in a research report on Wednesday, July 24th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, First National Financial currently has an average rating of “Hold” and a consensus target price of C$40.67.

About First National Financial

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.