FirstService Co. (NASDAQ:FSV – Free Report) (TSE:FSV) – Stock analysts at William Blair dropped their Q2 2025 EPS estimates for FirstService in a note issued to investors on Wednesday, February 5th. William Blair analyst S. Sheldon now forecasts that the financial services provider will earn $1.44 per share for the quarter, down from their prior estimate of $1.45. The consensus estimate for FirstService’s current full-year earnings is $5.28 per share. William Blair also issued estimates for FirstService’s FY2025 earnings at $5.29 EPS.
Several other equities analysts have also recently issued reports on the stock. Scotiabank upped their target price on shares of FirstService from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 15th. Stifel Nicolaus increased their price objective on shares of FirstService from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Raymond James lifted their target price on shares of FirstService from $215.00 to $225.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. StockNews.com raised FirstService from a “hold” rating to a “buy” rating in a report on Friday, October 25th. Finally, TD Securities lifted their price objective on FirstService from $179.00 to $182.00 and gave the stock a “hold” rating in a report on Thursday, October 17th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $201.67.
FirstService Stock Up 2.3 %
Shares of FirstService stock opened at $177.00 on Monday. The company has a 50-day simple moving average of $182.99 and a two-hundred day simple moving average of $182.09. FirstService has a 52-week low of $141.26 and a 52-week high of $197.84. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.79 and a current ratio of 1.75. The stock has a market capitalization of $8.01 billion, a PE ratio of 59.60 and a beta of 1.06.
Hedge Funds Weigh In On FirstService
A number of large investors have recently made changes to their positions in the company. Versant Capital Management Inc purchased a new position in shares of FirstService during the fourth quarter worth approximately $29,000. Trust Co. of Vermont purchased a new position in FirstService during the 4th quarter worth $46,000. Wilmington Savings Fund Society FSB bought a new stake in FirstService during the 3rd quarter valued at $53,000. Venturi Wealth Management LLC bought a new stake in FirstService during the 3rd quarter valued at $66,000. Finally, Blue Trust Inc. lifted its holdings in shares of FirstService by 158.2% in the 4th quarter. Blue Trust Inc. now owns 728 shares of the financial services provider’s stock worth $133,000 after buying an additional 446 shares during the period. 69.35% of the stock is owned by hedge funds and other institutional investors.
FirstService Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Monday, March 31st will be given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 0.62%. This is a boost from FirstService’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, March 31st. FirstService’s dividend payout ratio is currently 37.04%.
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.
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