Headlines about FirstService (NASDAQ:FSV) (TSE:FSV) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. FirstService earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.7385423377788 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
FSV has been the subject of a number of recent research reports. Zacks Investment Research upgraded FirstService from a “hold” rating to a “strong-buy” rating and set a $80.00 target price for the company in a report on Tuesday, October 31st. Royal Bank of Canada cut FirstService from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from $71.00 to $75.00 in a report on Thursday, October 26th. BidaskClub cut FirstService from a “hold” rating to a “sell” rating in a report on Thursday, December 14th. Finally, Scotiabank cut FirstService from an “outperform” rating to a “sector perform” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $69.20.
Shares of FirstService (FSV) traded down $0.13 during midday trading on Friday, reaching $68.01. The company’s stock had a trading volume of 27,264 shares, compared to its average volume of 25,513. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.51. The company has a market cap of $2,446.29, a price-to-earnings ratio of 54.85 and a beta of 0.80. FirstService has a 1-year low of $47.60 and a 1-year high of $74.49.
FirstService (NASDAQ:FSV) (TSE:FSV) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.74 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.24. The firm had revenue of $456.50 million during the quarter, compared to analyst estimates of $449.26 million. FirstService had a return on equity of 24.16% and a net margin of 2.74%. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.62 EPS. equities research analysts anticipate that FirstService will post 1.93 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Friday, December 29th were given a $0.1225 dividend. This represents a $0.49 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend was Thursday, December 28th. FirstService’s payout ratio is 39.52%.
Firstservice Corporation is a provider of residential property management and other essential property services to residential and commercial customers. The Company operates through two segments: FirstService Residential and FirstService Brands. FirstService Residential is a property manager and provides ancillary services in the areas of on-site staffing, including building engineering and maintenance, full-service amenity management, security, concierge and front desk personnel, and landscaping; banking and insurance products, and energy conservation and management solutions.
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