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

First National Financial Co. (TSE:FN) has earned a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$42.67.

Several equities analysts have recently issued reports on FN shares. TD Securities boosted their price objective on First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. CIBC boosted their price objective on First National Financial from C$40.00 to C$44.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Finally, National Bankshares boosted their price objective 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

In other First National Financial news, insider FNSC Holdings Inc. acquired 742 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average cost of C$40.50 per share, for a total transaction of C$30,051.00. Insiders purchased 112,368 shares of company stock worth $4,775,913 over the last ninety days. Corporate insiders own 71.45% of the company’s stock.

First National Financial Stock Performance

Shares of FN opened at C$39.80 on Monday. The stock has a 50-day moving average of C$41.75 and a two-hundred day moving average of C$39.28. First National Financial has a one year low of C$35.15 and a one year high of C$45.10. 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 stock has a market cap of C$2.39 billion, a P/E ratio of 10.47, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 13th. Stockholders 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 presently 64.47%.

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.