FirstService (FSV) to Release Earnings on Wednesday

FirstService (NASDAQ:FSV) (TSE:FSV) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, April 23rd. Analysts expect FirstService to post earnings of $0.84 per share and revenue of $1.28 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

FirstService Stock Up 1.1 %

Shares of NASDAQ FSV opened at $170.65 on Wednesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.75 and a quick ratio of 1.79. The stock has a market capitalization of $7.76 billion, a PE ratio of 57.46 and a beta of 1.04. FirstService has a one year low of $141.26 and a one year high of $197.84. The business’s fifty day moving average price is $170.24 and its 200-day moving average price is $179.93.

FirstService Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 7th. Investors of record on Monday, March 31st were paid a $0.275 dividend. This is a boost from FirstService’s previous quarterly dividend of $0.25. This represents a $1.10 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date of this dividend was Monday, March 31st. FirstService’s payout ratio is currently 37.04%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FSV. Raymond James lifted their target price on shares of FirstService from $215.00 to $225.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. StockNews.com lowered shares of FirstService from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, FirstService presently has an average rating of “Moderate Buy” and an average target price of $201.67.

About FirstService

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. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers 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.