Q2 2022 EPS Estimates for First National Financial Co. (TSE:FN) Increased by Analyst

First National Financial Co. (TSE:FNGet Rating) – National Bank Financial upped their Q2 2022 earnings estimates for shares of First National Financial in a research report issued to clients and investors on Tuesday, April 26th. National Bank Financial analyst J. Gloyn now expects that the company will earn $0.82 per share for the quarter, up from their prior forecast of $0.78. National Bank Financial also issued estimates for First National Financial’s Q3 2022 earnings at $0.67 EPS and FY2023 earnings at $3.53 EPS.

Several other research analysts have also issued reports on FN. National Bankshares dropped their target price on First National Financial from C$46.00 to C$39.00 and set a “sector perform” rating for the company in a research report on Tuesday. TD Securities lowered their price objective on shares of First National Financial from C$43.00 to C$42.00 and set a “buy” rating for the company in a research report on Thursday, March 3rd. CIBC reduced their target price on shares of First National Financial from C$45.00 to C$43.00 in a research report on Tuesday. Royal Bank of Canada lowered their price target on First National Financial from C$43.00 to C$41.00 and set a “sector perform” rating for the company in a report on Wednesday. Finally, Scotiabank reduced their price objective on First National Financial from C$44.00 to C$42.00 in a report on Tuesday. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of C$43.57.

Shares of TSE:FN opened at C$37.60 on Thursday. The company has a current ratio of 9.13, a quick ratio of 8.93 and a debt-to-equity ratio of 7,176.75. First National Financial has a 12 month low of C$35.65 and a 12 month high of C$53.25. The company has a market capitalization of C$2.25 billion and a price-to-earnings ratio of 11.75. The firm’s 50-day moving average is C$40.49 and its 200 day moving average is C$42.26.

First National Financial (TSE:FNGet Rating) last announced its earnings results on Tuesday, March 1st. The company reported C$0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.70 by C($0.01). The firm had revenue of C$339.29 million for the quarter, compared to analysts’ expectations of C$174.10 million.

The company also recently announced a monthly dividend, which will be paid on Monday, May 16th. Investors of record on Friday, April 29th will be paid a $0.196 dividend. This represents a $2.35 annualized dividend and a dividend yield of 6.26%. The ex-dividend date is Thursday, April 28th. First National Financial’s dividend payout ratio is currently 70.83%.

In other First National Financial news, insider FNSC Holdings Inc. bought 13,613 shares of the firm’s stock in a transaction dated Tuesday, April 19th. The shares were purchased at an average price of C$40.41 per share, for a total transaction of C$550,101.33. Following the transaction, the insider now directly owns 7,736,327 shares of the company’s stock, valued at approximately C$312,624,974.07.

About First National Financial (Get Rating)

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services residential and commercial mortgages in Canada. The company's residential mortgages, includes single family and multi-unit. It provides its services online. The company was founded in 1988 and is headquartered in Toronto, Canada.

Featured Stories

Earnings History and Estimates for First National Financial (TSE:FN)

Receive News & Ratings for First National Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First National Financial and related companies with MarketBeat.com's FREE daily email newsletter.