Q1 Earnings Forecast for Federal Signal Issued By KeyCorp

Federal Signal Corporation (NYSE:FSS) – Analysts at KeyCorp issued their Q1 2026 earnings per share (EPS) estimates for Federal Signal in a research report issued on Monday, March 9th. KeyCorp analyst S. Barger forecasts that the conglomerate will earn $1.00 per share for the quarter. KeyCorp has a “Overweight” rating and a $130.00 price target on the stock. The consensus estimate for Federal Signal’s current full-year earnings is $3.34 per share. KeyCorp also issued estimates for Federal Signal’s Q2 2026 earnings at $1.28 EPS, Q3 2026 earnings at $1.26 EPS, Q4 2026 earnings at $1.29 EPS and FY2026 earnings at $4.84 EPS.

Federal Signal (NYSE:FSS) last announced its quarterly earnings data on Wednesday, February 25th. The conglomerate reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.08. Federal Signal had a net margin of 11.31% and a return on equity of 20.14%. The business had revenue of $597.10 million for the quarter, compared to analyst estimates of $551.36 million. During the same period in the prior year, the firm posted $0.87 EPS. The company’s revenue was up 26.5% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS.

A number of other research analysts have also recently weighed in on FSS. CJS Securities upgraded Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price on the stock in a report on Thursday, February 26th. Wall Street Zen lowered Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Federal Signal in a report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Federal Signal has an average rating of “Moderate Buy” and an average target price of $131.75.

Federal Signal Stock Performance

NYSE:FSS opened at $106.73 on Thursday. The company has a market cap of $6.50 billion, a P/E ratio of 26.62, a P/E/G ratio of 1.68 and a beta of 1.32. The company has a quick ratio of 1.35, a current ratio of 3.02 and a debt-to-equity ratio of 0.41. The firm’s 50 day moving average is $114.62 and its two-hundred day moving average is $116.35. Federal Signal has a fifty-two week low of $66.47 and a fifty-two week high of $132.89.

Institutional Trading of Federal Signal

A number of large investors have recently added to or reduced their stakes in FSS. EverSource Wealth Advisors LLC raised its holdings in shares of Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock worth $26,000 after acquiring an additional 142 shares in the last quarter. Palladiem LLC bought a new stake in Federal Signal in the 4th quarter valued at $27,000. Covestor Ltd raised its holdings in Federal Signal by 118.0% in the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 151 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position in Federal Signal by 3,100.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 248 shares during the period. Finally, MAI Capital Management increased its position in shares of Federal Signal by 1,003.8% during the 2nd quarter. MAI Capital Management now owns 287 shares of the conglomerate’s stock worth $31,000 after purchasing an additional 261 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, March 13th will be given a dividend of $0.15 per share. This is a positive change from Federal Signal’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.6%. Federal Signal’s payout ratio is presently 13.97%.

Trending Headlines about Federal Signal

Here are the key news stories impacting Federal Signal this week:

• Positive Sentiment: Seaport Global initiated coverage (buy) on FSS, adding institutional buying interest and validating management’s recent results and guidance. Federal Signal (FSS) Gets a Buy from Seaport Global
• Positive Sentiment: KeyCorp upgraded FSS to Overweight with a $130 price target and published above-consensus multi-quarter and multi-year EPS forecasts (FY2026: $4.84; FY2027: $5.64; FY2028: $6.34), signaling expectations for continued margin expansion and earnings growth. The upgrade supports upside vs. the street consensus. KeyCorp Upgrades Federal Signal (NYSE:FSS) to Overweight
• Neutral Sentiment: A comparative piece contrasting FSS with smaller peer Antelope Enterprise Holdings (AEHL) provides context for investors evaluating relative exposure and business mix but is not material to Federal Signal’s fundamentals. Head to Head Contrast: Federal Signal (NYSE:FSS) vs. Antelope Enterprise Holdings L (NASDAQ:AEHL)
• Negative Sentiment: Despite the bullish analyst activity, FSS is trading down on elevated volume and sits below its 50- and 200-day moving averages — technical signals that often prompt short-term selling or profit-taking after recent gains. Investors sensitive to valuation should note a current P/E around mid-20s, which could limit near-term upside if macro sentiment weakens.

Federal Signal Company Profile

Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.

Federal Signal operates through two primary business segments.