Q4 Earnings Forecast for Fiera Capital Issued By Desjardins

Fiera Capital Co. (TSE:FSZ) – Equities researchers at Desjardins increased their Q4 2024 earnings per share estimates for shares of Fiera Capital in a research note issued to investors on Wednesday, October 23rd. Desjardins analyst G. Ho now forecasts that the company will post earnings per share of $0.33 for the quarter, up from their prior estimate of $0.32. Desjardins currently has a “Hold” rating and a $9.00 price objective on the stock. The consensus estimate for Fiera Capital’s current full-year earnings is $1.09 per share. Desjardins also issued estimates for Fiera Capital’s FY2026 earnings at $1.17 EPS.

Fiera Capital (TSE:FSZ) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 earnings per share for the quarter, topping the consensus estimate of C$0.19 by C$0.04. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%. The business had revenue of C$164.79 million during the quarter, compared to the consensus estimate of C$160.80 million.

Other analysts have also recently issued research reports about the stock. CIBC decreased their target price on shares of Fiera Capital from C$9.00 to C$8.00 in a research note on Thursday, August 8th. National Bankshares lowered Fiera Capital from a “sector perform” rating to an “underperform” rating and boosted their price objective for the stock from C$7.00 to C$8.00 in a research report on Monday, July 29th. Scotiabank increased their target price on Fiera Capital from C$8.50 to C$9.00 in a research report on Wednesday, July 24th. TD Securities reduced their price target on Fiera Capital from C$8.00 to C$7.50 in a report on Thursday, August 8th. Finally, National Bank Financial downgraded Fiera Capital from a “hold” rating to a “strong sell” rating in a research note on Sunday, July 28th. Two equities research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. Based on data from MarketBeat.com, Fiera Capital has an average rating of “Hold” and a consensus price target of C$8.14.

Fiera Capital Price Performance

FSZ stock opened at C$9.33 on Friday. The stock has a market cap of C$818.71 million, a price-to-earnings ratio of 17.28, a P/E/G ratio of -0.87 and a beta of 1.64. The company has a debt-to-equity ratio of 259.56, a current ratio of 1.39 and a quick ratio of 1.05. The company has a 50 day simple moving average of C$8.10 and a 200 day simple moving average of C$7.70. Fiera Capital has a 1 year low of C$4.35 and a 1 year high of C$9.35.

Insider Transactions at Fiera Capital

In other news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total value of C$73,049.00. In other news, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of C$7.30, for a total value of C$73,049.00. Also, Senior Officer John Valentini sold 10,400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$7.90, for a total value of C$82,164.16. Insiders sold 207,400 shares of company stock worth $1,601,622 over the last ninety days. 0.86% of the stock is owned by insiders.

About Fiera Capital

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.