FirstService (TSE:FSV – Free Report) (NASDAQ:FSV) had its price target trimmed by TD from C$207.00 to C$195.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has a buy rating on the stock.
Separately, Raymond James Financial reduced their target price on shares of FirstService from C$215.00 to C$190.00 and set an “outperform” rating for the company in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$200.67.
Check Out Our Latest Stock Analysis on FSV
FirstService Stock Up 5.0%
FirstService (TSE:FSV – Get Free Report) (NASDAQ:FSV) last announced its quarterly earnings results on Thursday, July 23rd. The company reported C$2.49 earnings per share (EPS) for the quarter. The firm had revenue of C$2.06 billion for the quarter. FirstService had a net margin of 2.90% and a return on equity of 15.50%. On average, sell-side analysts expect that FirstService will post 7.5161189 EPS for the current year.
Insider Activity
In related news, insider Firstservice Corporation bought 2,372 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were acquired at an average price of C$182.30 per share, for a total transaction of C$432,415.60. Following the completion of the acquisition, the insider owned 8,872 shares of the company’s stock, valued at approximately C$1,617,365.60. The trade was a 36.49% increase in their position. Insiders bought a total of 7,872 shares of company stock valued at $1,431,216 over the last 90 days. 10.26% of the stock is currently owned by insiders.
FirstService News Summary
Here are the key news stories impacting FirstService this week:
- Positive Sentiment: FirstService reported Q2 revenue of C$2.06 billion and EPS of C$2.49, reinforcing that the business is still growing and generating profits. FirstService (FSV) Q2 2026 Earnings Call Transcript
- Positive Sentiment: Analysts maintained constructive ratings despite trimming targets, with Raymond James keeping an “outperform” rating and TD retaining a “buy,” suggesting the stock still has support from the analyst community. BayStreet.CA analyst ratings
- Neutral Sentiment: Coverage highlighted “steady growth amid market challenges,” which points to a balanced read on the quarter rather than a major surprise in either direction. FirstService Corp (FSV) Q2 2026 Earnings Call Highlights
- Negative Sentiment: Raymond James lowered its price target from C$215 to C$190, and TD cut its target from C$207 to C$195, indicating a more cautious valuation view even while keeping bullish ratings. BayStreet.CA analyst ratings
- Negative Sentiment: Management commentary pointed to macro headwinds limiting expansion, which may temper expectations for near-term acceleration. MSN article on FirstService revenue growth
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.
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