Scotiabank Has Weak Outlook for FirstService FY2026 Earnings

FirstService Co. (TSE:FSV) (NASDAQ:FSV) – Stock analysts at Scotiabank reduced their FY2026 earnings estimates for FirstService in a research note issued on Friday, January 23rd. Scotiabank analyst H. Gupta now forecasts that the company will earn $7.87 per share for the year, down from their previous estimate of $8.29. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for FirstService’s current full-year earnings is $7.52 per share.

Separately, TD Securities reduced their price target on shares of FirstService from C$213.00 to C$211.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat.com, FirstService currently has a consensus rating of “Strong Buy” and an average price target of C$211.00.

FirstService Stock Performance

TSE FSV opened at C$218.81 on Monday. The stock has a fifty day simple moving average of C$215.52 and a 200 day simple moving average of C$243.39. FirstService has a twelve month low of C$203.88 and a twelve month high of C$290.34. The company has a market capitalization of C$10.00 billion, a price-to-earnings ratio of 72.21, a PEG ratio of 107.75 and a beta of 0.95. The company has a quick ratio of 1.25, a current ratio of 1.81 and a debt-to-equity ratio of 136.54.

FirstService (TSE:FSV) (NASDAQ:FSV) last announced its quarterly earnings data on Thursday, October 23rd. The company reported C$1.76 EPS for the quarter. FirstService had a net margin of 2.19% and a return on equity of 10.05%. The business had revenue of C$2.02 billion during the quarter.

FirstService Company Profile

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. FirstService Brands provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America.