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

First National Financial Co. (TSE:FN) has earned an average rating of “Hold” from the six analysts that are covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$41.83.

A number of analysts have commented on the company. Royal Bank of Canada boosted their price objective on First National Financial from C$42.00 to C$43.00 in a report on Thursday, January 4th. BMO Capital Markets decreased their price objective on First National Financial from C$44.00 to C$41.00 and set a “market perform” rating for the company in a report on Thursday, March 7th. Scotiabank boosted their price objective on First National Financial from C$44.00 to C$45.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 31st. Finally, TD Securities boosted their price objective on First National Financial from C$41.00 to C$44.00 and gave the stock a “hold” rating in a report on Thursday, March 7th.

First National Financial Stock Performance

Shares of First National Financial stock opened at C$37.33 on Tuesday. First National Financial has a one year low of C$32.86 and a one year high of C$41.80. The firm has a market capitalization of C$2.24 billion, a price-to-earnings ratio of 9.00, a PEG ratio of 0.70 and a beta of 1.10. The business has a 50-day simple moving average of C$38.34 and a 200 day simple moving average of C$37.86. The company has a debt-to-equity ratio of 6,070.47, a current ratio of 10.29 and a quick ratio of 10.11.

First National Financial (TSE:FN) last issued its earnings results on Tuesday, March 5th. The company reported C$0.72 EPS for the quarter, beating analysts’ consensus estimates of C$0.22 by C$0.50. The business had revenue of C$199.30 million during the quarter, compared to analyst estimates of C$164.10 million. First National Financial had a return on equity of 35.19% and a net margin of 33.65%. On average, research analysts anticipate that First National Financial will post 3.8981289 earnings per share for the current fiscal year.

First National Financial Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.204 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $2.45 annualized dividend and a yield of 6.56%. First National Financial’s payout ratio is 58.31%.

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.