FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) is projected to release its Q2 2025 earnings data before the market opens on Thursday, July 24th. Analysts expect FirstService to post earnings of $1.45 per share and revenue of $1.40 billion for the quarter.
FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) last posted its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.08. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.28 billion. FirstService had a net margin of 2.46% and a return on equity of 17.49%. During the same quarter in the previous year, the firm posted $0.67 EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. On average, analysts expect FirstService to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
FirstService Stock Performance
Shares of FirstService stock opened at $176.96 on Thursday. The company has a 50 day moving average of $175.92 and a 200-day moving average of $174.55. FirstService has a 1-year low of $153.13 and a 1-year high of $197.84. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 1.09. The company has a market cap of $8.04 billion, a PE ratio of 61.23 and a beta of 0.99.
FirstService Announces Dividend
Hedge Funds Weigh In On FirstService
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strs Ohio acquired a new position in FirstService in the 1st quarter valued at approximately $38,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of FirstService by 40.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 59,389 shares of the financial services provider’s stock worth $9,856,000 after buying an additional 17,072 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of FirstService by 79.5% during the first quarter. Goldman Sachs Group Inc. now owns 318,648 shares of the financial services provider’s stock worth $52,880,000 after buying an additional 141,152 shares during the period. Institutional investors own 69.35% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on FSV. TD Securities upped their price target on shares of FirstService from $198.00 to $200.00 and gave the stock a “hold” rating in a report on Wednesday, May 7th. Scotiabank cut their price target on shares of FirstService from $217.50 to $210.00 and set a “sector perform” rating for the company in a report on Thursday, April 17th. Finally, Wall Street Zen downgraded shares of FirstService from a “buy” rating to a “hold” rating in a report on Thursday, March 27th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $208.40.
Check Out Our Latest Report on FirstService
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.
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