FirstService Co. (TSE:FSV) Given Consensus Rating of “Hold” by Analysts

FirstService Co. (TSE:FSVGet Rating) (NASDAQ:FSV) has received an average recommendation of “Hold” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$209.40.

Several research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of FirstService in a research note on Tuesday, March 29th. They issued a “hold” rating and a C$143.00 target price on the stock. Raymond James upgraded shares of FirstService to a “buy” rating and set a C$200.00 target price on the stock in a report on Monday, January 24th.

FSV opened at C$166.99 on Friday. FirstService has a fifty-two week low of C$165.69 and a fifty-two week high of C$256.01. The company has a debt-to-equity ratio of 80.80, a current ratio of 1.56 and a quick ratio of 1.17. The firm has a market capitalization of C$7.38 billion and a price-to-earnings ratio of 43.43. The company’s 50 day moving average price is C$177.17 and its two-hundred day moving average price is C$211.84.

FirstService (TSE:FSVGet Rating) (NASDAQ:FSV) last released its quarterly earnings data on Tuesday, February 15th. The company reported C$0.88 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.83 by C$0.05. The business had revenue of C$1.08 billion for the quarter, compared to analysts’ expectations of C$1.03 billion. As a group, equities research analysts predict that FirstService will post 6.3399999 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, April 7th. Shareholders of record on Thursday, March 31st were paid a $0.257 dividend. This represents a $1.03 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend was Wednesday, March 30th. This is a positive change from FirstService’s previous quarterly dividend of $0.23. FirstService’s payout ratio is 18.99%.

FirstService Company Profile (Get Rating)

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.

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Analyst Recommendations for FirstService (TSE:FSV)

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