Q3 EPS Estimates for FirstService Lowered by Stifel Canada

FirstService Corporation (NASDAQ:FSV) (TSE:FSV) – Research analysts at Stifel Canada dropped their Q3 2025 EPS estimates for shares of FirstService in a report issued on Monday, October 13th. Stifel Canada analyst D. Young now expects that the financial services provider will post earnings per share of $1.62 for the quarter, down from their prior estimate of $1.63. The consensus estimate for FirstService’s current full-year earnings is $5.27 per share.

A number of other research analysts have also recently weighed in on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of FirstService in a research note on Wednesday, October 8th. Scotiabank raised their price objective on shares of FirstService from $210.00 to $220.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 30th. Wall Street Zen raised shares of FirstService from a “hold” rating to a “buy” rating in a research note on Sunday, September 7th. TD Securities reaffirmed a “hold” rating on shares of FirstService in a research note on Thursday, September 4th. Finally, Zacks Research cut shares of FirstService from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $217.75.

FirstService Trading Up 0.3%

Shares of FSV opened at $184.95 on Wednesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.76 and a quick ratio of 1.76. The firm has a 50 day simple moving average of $196.35 and a 200-day simple moving average of $183.17. FirstService has a 1-year low of $153.13 and a 1-year high of $209.66. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of 59.28 and a beta of 0.99.

FirstService (NASDAQ:FSV) (TSE:FSV) last issued its quarterly earnings data on Thursday, July 24th. The financial services provider reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.26. FirstService had a net margin of 2.61% and a return on equity of 18.24%. The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the company posted $1.36 EPS. The company’s revenue was up 9.1% on a year-over-year basis.

Hedge Funds Weigh In On FirstService

A number of hedge funds have recently made changes to their positions in FSV. Mackenzie Financial Corp boosted its holdings in shares of FirstService by 100.8% in the 2nd quarter. Mackenzie Financial Corp now owns 1,475,463 shares of the financial services provider’s stock valued at $257,634,000 after purchasing an additional 740,583 shares during the last quarter. Norges Bank acquired a new position in shares of FirstService in the 2nd quarter valued at $93,904,000. Picton Mahoney Asset Management acquired a new position in shares of FirstService in the 2nd quarter valued at $56,029,000. Orbis Allan Gray Ltd boosted its holdings in shares of FirstService by 18.8% in the 1st quarter. Orbis Allan Gray Ltd now owns 1,417,190 shares of the financial services provider’s stock valued at $235,183,000 after purchasing an additional 224,125 shares during the last quarter. Finally, Brown Advisory Inc. acquired a new position in shares of FirstService in the 1st quarter valued at $30,523,000. Institutional investors and hedge funds own 69.35% of the company’s stock.

FirstService Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 7th. Shareholders of record on Tuesday, September 30th were issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 30th. FirstService’s dividend payout ratio (DPR) is 35.26%.

FirstService Company Profile

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.