FY2025 EPS Estimates for FirstService Reduced by Scotiabank

FirstService Co. (TSE:FSV) (NASDAQ:FSV) – Stock analysts at Scotiabank cut their FY2025 earnings estimates for FirstService in a research note issued to investors on Tuesday, October 28th. Scotiabank analyst H. Gupta now anticipates that the company will post earnings of $7.44 per share for the year, down from their prior estimate of $7.73. Scotiabank has a “Strong-Buy” rating on the stock. The consensus estimate for FirstService’s current full-year earnings is $7.52 per share. Scotiabank also issued estimates for FirstService’s FY2026 earnings at $8.29 EPS.

Separately, TD Securities upgraded shares of FirstService from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, FirstService currently has a consensus rating of “Strong Buy” and an average price target of C$214.00.

FirstService Stock Up 2.1%

FSV stock opened at C$223.26 on Friday. The company has a market cap of C$10.17 billion, a P/E ratio of 73.68, a P/E/G ratio of 107.75 and a beta of 0.92. FirstService has a 52 week low of C$216.14 and a 52 week high of C$290.34. The company’s 50-day moving average price is C$263.50 and its 200 day moving average price is C$253.73. The company has a current ratio of 1.81, a quick ratio of 1.25 and a debt-to-equity ratio of 136.54.

Insider Buying and Selling at FirstService

In other news, Director Erin Joy Wallace sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of C$275.74, for a total value of C$827,214.00. Following the completion of the transaction, the director owned 10,000 shares of the company’s stock, valued at C$2,757,380. The trade was a 23.08% decrease in their ownership of the stock. 10.26% of the stock is currently owned by corporate insiders.

FirstService Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Tuesday, September 30th were given a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 0.5%. FirstService’s dividend payout ratio is presently 35.48%.

About FirstService

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company’s revenue.