FirstService (NASDAQ:FSV) Stock Price Expected to Rise, Scotiabank Analyst Says

FirstService (NASDAQ:FSV) (TSE:FSV) had its target price boosted by equities research analysts at Scotiabank from $170.00 to $175.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a “sector outperform” rating on the financial services provider’s stock. Scotiabank‘s price objective would indicate a potential upside of 18.87% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. TD upped their price objective on FirstService from $204.00 to $207.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Raymond James Financial restated an “outperform” rating on shares of FirstService in a report on Friday. Weiss Ratings upgraded FirstService from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday. TD Securities restated a “buy” rating and set a $195.00 target price on shares of FirstService in a research report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $144.00 price target on shares of FirstService in a research note on Friday, July 24th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, FirstService presently has an average rating of “Moderate Buy” and a consensus price target of $184.20.

FirstService Price Performance

Shares of FirstService stock opened at $147.22 on Friday. The firm’s 50-day simple moving average is $135.69 and its 200-day simple moving average is $138.74. The firm has a market cap of $6.43 billion, a P/E ratio of 41.71, a price-to-earnings-growth ratio of 3.02 and a beta of 0.95. FirstService has a twelve month low of $119.41 and a twelve month high of $189.05. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.63 and a current ratio of 1.63.

FirstService (NASDAQ:FSV) (TSE:FSV) last posted its quarterly earnings results on Thursday, October 22nd. The financial services provider reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.84 by $0.05. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. FirstService had a return on equity of 18.07% and a net margin of 2.88%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.76 EPS. As a group, research analysts expect that FirstService will post 5.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FSV. Conestoga Capital Advisors LLC lifted its holdings in FirstService by 19.9% during the first quarter. Conestoga Capital Advisors LLC now owns 1,405,564 shares of the financial services provider’s stock worth $195,289,000 after acquiring an additional 233,043 shares in the last quarter. SEB Asset Management AB bought a new stake in shares of FirstService in the first quarter worth about $31,487,000. Janus Henderson Group PLC increased its holdings in shares of FirstService by 16.1% in the first quarter. Janus Henderson Group PLC now owns 1,587,454 shares of the financial services provider’s stock worth $220,560,000 after acquiring an additional 219,890 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of FirstService by 15.7% in the first quarter. Royal Bank of Canada now owns 573,421 shares of the financial services provider’s stock worth $79,672,000 after acquiring an additional 77,758 shares in the last quarter. Finally, Montrusco Bolton Investments Inc. raised its position in shares of FirstService by 38.1% during the first quarter. Montrusco Bolton Investments Inc. now owns 263,488 shares of the financial services provider’s stock worth $36,538,000 after purchasing an additional 72,665 shares during the period. 69.35% of the stock is currently owned by institutional investors.

Key Stories Impacting FirstService

Here are the key news stories impacting FirstService this week:

• Positive Sentiment: Third-quarter revenue rose 5.8% year over year to $1.53 billion, exceeding the approximately $1.48 billion analyst expectation. Adjusted EPS increased to $1.89 from $1.76 a year earlier, while adjusted EBITDA rose to $169.7 million. FirstService Reports Third Quarter 2026 Results
• Positive Sentiment: Management described growth across both major divisions, supporting the view that FirstService’s property-management and related operations continue to expand despite uneven market conditions. The earnings release also highlighted balanced top-line growth. FirstService Q3 Call Balances Growth With Roofing Drag
• Neutral Sentiment: The earnings call indicated that roofing-related weakness remains a drag on results, partially offsetting growth elsewhere. Investors are likely focused on whether operational improvements can overcome this pressure in coming quarters. FirstService Q3 2026 Earnings Call Transcript
• Negative Sentiment: GAAP operating earnings declined 7.1% to $107.4 million, while GAAP diluted EPS fell to $0.99 from $1.24. Net income attributable to common shareholders also declined, signaling margin and profitability pressure beneath the revenue growth. FirstService Corporation Stock Rises on Q3 2026 Earnings
• Negative Sentiment: Valuation remains a concern: commentary suggested the stock may be fully priced following its longer-term decline, while its reported P/E ratio is above 40. That could limit further upside unless earnings growth accelerates. FirstService Stock Looks Fully Priced

FirstService Company Profile

FirstService Corporation is a Canadian provider of property management and property services serving customers primarily in the United States and Canada. The company operates through two main businesses: FirstService Residential and FirstService Brands.

FirstService Residential provides property management services for condominium and homeowners’ associations, cooperatives, and other residential communities. Its services include community administration, financial management, maintenance coordination, customer support, and related operational services.

FirstService Brands operates and supports a network of property-service businesses, including companies involved in property restoration, painting, flooring, window treatments, and other residential and commercial services.