Stifel Canada Comments on FirstService Q1 Earnings

FirstService Co. (NASDAQ:FSV) (TSE:FSV) – Research analysts at Stifel Canada issued their Q1 2025 EPS estimates for shares of FirstService in a report released on Wednesday, February 5th. Stifel Canada analyst D. Young anticipates that the financial services provider will post earnings of $0.74 per share for the quarter. The consensus estimate for FirstService’s current full-year earnings is $5.28 per share. Stifel Canada also issued estimates for FirstService’s Q2 2025 earnings at $1.42 EPS, Q3 2025 earnings at $1.66 EPS, Q4 2025 earnings at $1.43 EPS and FY2025 earnings at $5.24 EPS.

FSV has been the topic of a number of other reports. Scotiabank lifted their target price on FirstService from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 15th. Stifel Nicolaus boosted their price objective on FirstService from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Monday, October 21st. TD Securities raised their target price on shares of FirstService from $179.00 to $182.00 and gave the stock a “hold” rating in a report on Thursday, October 17th. Raymond James boosted their price target on shares of FirstService from $215.00 to $225.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. Finally, StockNews.com raised shares of FirstService from a “hold” rating to a “buy” rating in a research note on Friday, October 25th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $201.67.

FirstService Trading Down 1.6 %

FirstService stock opened at $174.10 on Monday. FirstService has a 1 year low of $141.26 and a 1 year high of $197.84. The firm’s 50 day moving average price is $182.63 and its two-hundred day moving average price is $182.08. The firm has a market cap of $7.88 billion, a price-to-earnings ratio of 58.62 and a beta of 1.06. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.79 and a current ratio of 1.75.

FirstService Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Investors of record on Monday, March 31st will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from FirstService’s previous quarterly dividend of $0.25. This represents a $1.10 dividend on an annualized basis and a yield of 0.63%. FirstService’s payout ratio is presently 33.67%.

Hedge Funds Weigh In On FirstService

A number of hedge funds have recently modified their holdings of the stock. Sanctuary Advisors LLC acquired a new stake in FirstService in the second quarter valued at approximately $216,000. Creative Planning raised its holdings in shares of FirstService by 105.1% during the 3rd quarter. Creative Planning now owns 9,273 shares of the financial services provider’s stock valued at $1,692,000 after purchasing an additional 4,752 shares in the last quarter. Baskin Financial Services Inc. lifted its stake in shares of FirstService by 0.3% in the 3rd quarter. Baskin Financial Services Inc. now owns 250,491 shares of the financial services provider’s stock valued at $45,737,000 after purchasing an additional 636 shares during the last quarter. Raymond James & Associates boosted its holdings in FirstService by 4.9% in the third quarter. Raymond James & Associates now owns 148,864 shares of the financial services provider’s stock worth $27,162,000 after purchasing an additional 6,995 shares in the last quarter. Finally, Berry Wealth Group LP increased its position in FirstService by 17.0% during the third quarter. Berry Wealth Group LP now owns 1,695 shares of the financial services provider’s stock worth $309,000 after buying an additional 246 shares during the last quarter. 69.35% of the stock is owned by institutional investors and hedge funds.

About FirstService

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.