Analysts Set First National Financial Co. (TSE:FN) Target Price at C$42.67

Shares of First National Financial Co. (TSE:FN) have been given a consensus rating of “Hold” by the six brokerages that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$42.67.

A number of analysts have issued reports on the company. TD Securities lifted their price objective on First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. CIBC lifted their target price on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Finally, National Bankshares increased their price target on First National Financial from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a report on Wednesday, October 30th.

Insider Activity at First National Financial

In other news, insider FNSC Holdings Inc. purchased 25,774 shares of the stock in a transaction dated Monday, October 7th. The shares were purchased at an average cost of C$38.81 per share, with a total value of C$1,000,288.94. Insiders acquired a total of 131,730 shares of company stock worth $5,526,134 in the last 90 days. Corporate insiders own 71.45% of the company’s stock.

First National Financial Trading Up 0.8 %

Shares of FN opened at C$40.35 on Thursday. The firm has a market capitalization of C$2.42 billion, a price-to-earnings ratio of 10.62, a PEG ratio of 0.70 and a beta of 1.04. First National Financial has a 1-year low of C$35.15 and a 1-year high of C$45.10. The firm’s 50-day moving average price is C$41.92 and its 200-day moving average price is C$38.80. 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 was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a $0.708 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a dividend yield of 1.71%. First National Financial’s dividend payout ratio (DPR) is currently 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.