First National Financial (FN) Set to Announce Quarterly Earnings on Tuesday

First National Financial (TSE:FN) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, April 30th.

First National Financial (TSE:FN) last released its quarterly earnings data on Tuesday, March 5th. The company reported C$0.72 EPS for the quarter, beating the consensus estimate of C$0.22 by C$0.50. First National Financial had a net margin of 33.65% and a return on equity of 35.19%. The business had revenue of C$199.30 million during the quarter, compared to analyst estimates of C$164.10 million.

First National Financial Price Performance

FN stock opened at C$38.13 on Monday. First National Financial has a 52 week low of C$32.86 and a 52 week high of C$41.80. The company has a quick ratio of 10.11, a current ratio of 10.29 and a debt-to-equity ratio of 6,070.47. The company has a fifty day simple moving average of C$37.99 and a two-hundred day simple moving average of C$38.00. The firm has a market capitalization of C$2.29 billion, a P/E ratio of 9.19, a price-to-earnings-growth ratio of 0.70 and a beta of 1.10.

First National Financial Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.2042 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $2.45 annualized dividend and a yield of 6.43%. This is a positive change from First National Financial’s previous monthly dividend of $0.20. First National Financial’s dividend payout ratio (DPR) is 58.31%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Scotiabank raised their target price on shares of First National Financial from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 31st. Royal Bank of Canada raised their target price on shares of First National Financial from C$42.00 to C$43.00 in a research report on Thursday, January 4th. TD Securities raised their target price on shares of First National Financial from C$41.00 to C$44.00 and gave the company a “hold” rating in a research report on Thursday, March 7th. Finally, BMO Capital Markets cut their price objective on shares of First National Financial from C$44.00 to C$41.00 and set a “market perform” rating on the stock in a research report on Thursday, March 7th. Six research analysts have rated the stock with a hold rating, According to MarketBeat, First National Financial currently has a consensus rating of “Hold” and a consensus price target of C$41.83.

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.