First National Financial Co. (TSE:FN) Receives Consensus Recommendation of “Hold” from Analysts

First National Financial Co. (TSE:FN) has been given a consensus rating of “Hold” by the six ratings firms that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$40.67.

Separately, Scotiabank upped their target price on First National Financial from C$41.00 to C$44.00 in a research report on Wednesday, July 24th.

First National Financial Trading Up 0.1 %

TSE:FN opened at C$38.98 on Tuesday. The stock’s 50 day moving average price is C$37.67 and its 200 day moving average price is C$37.05. First National Financial has a 52 week low of C$32.86 and a 52 week high of C$41.41. The company has a market capitalization of C$2.34 billion, a P/E ratio of 10.26, a P/E/G ratio of 0.70 and a beta of 1.04. 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.

First National Financial (TSE:FN) last released its quarterly earnings data on Tuesday, July 30th. The company reported C$0.89 EPS for the quarter, missing analysts’ consensus estimates of C$0.93 by C($0.04). First National Financial had a return on equity of 30.22% and a net margin of 32.60%. The firm had revenue of C$205.45 million during the quarter, compared to analyst estimates of C$227.10 million.

First National Financial Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th will be paid a $0.204 dividend. The ex-dividend date is Friday, September 27th. This represents a $2.45 dividend on an annualized basis and a dividend yield of 6.28%. First National Financial’s dividend payout ratio (DPR) is presently 64.47%.

Insider Activity

In other First National Financial news, insider FNSC Holdings Inc. bought 41,145 shares of the stock in a transaction dated Wednesday, July 10th. The stock was bought at an average cost of C$35.86 per share, for a total transaction of C$1,475,459.70. 71.45% of the stock is currently owned by corporate insiders.

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.