Brokerages Set First National Financial Co. (TSE:FN) Target Price at C$41.50

First National Financial Co. (TSE:FN) has been given a consensus recommendation of “Hold” by the six research firms that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$41.50.

A number of brokerages recently weighed in on FN. Scotiabank increased their price objective on shares of First National Financial from C$43.00 to C$44.00 and gave the company a “sector perform” rating in a research report on Monday, October 30th. BMO Capital Markets lifted their price target on shares of First National Financial from C$43.00 to C$44.00 in a research note on Thursday, November 2nd. CIBC lifted their price target on shares of First National Financial from C$37.00 to C$40.00 in a research note on Thursday, November 2nd. National Bankshares dropped their price target on shares of First National Financial from C$39.00 to C$38.00 and set a “sector perform” rating on the stock in a research note on Wednesday, November 1st. Finally, Royal Bank of Canada lifted their price target on shares of First National Financial from C$40.00 to C$42.00 and gave the stock a “sector perform” rating in a research note on Wednesday, November 1st.

First National Financial Price Performance

Shares of First National Financial stock opened at C$37.36 on Friday. The company has a market cap of C$2.24 billion, a price-to-earnings ratio of 9.05, a price-to-earnings-growth ratio of 0.70 and a beta of 1.07. The company’s 50 day moving average is C$36.22 and its 200 day moving average is C$37.76. First National Financial has a twelve month low of C$32.86 and a twelve month high of C$41.80. The company has a quick ratio of 10.11, a current ratio of 11.45 and a debt-to-equity ratio of 5,470.35.

First National Financial Announces Dividend

The firm also recently announced a None dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be issued a $0.954 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. First National Financial’s dividend payout ratio (DPR) is presently 58.11%.

Insider Transactions at First National Financial

In other First National Financial news, insider FNSC Holdings Inc. bought 296,824 shares of First National Financial stock in a transaction dated Wednesday, October 25th. The shares were purchased at an average cost of C$33.06 per share, for a total transaction of C$9,813,001.44. Insiders own 71.46% of the company’s stock.

First National Financial Company Profile

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. The company operates in two segments, Residential and Commercial segments. It offers single-family and multi-unit residential, and commercial mortgages.