FY2026 EPS Estimates for FirstService Raised by Scotiabank

FirstService Corporation (NASDAQ:FSV) (TSE:FSV) – Investment analysts at Scotiabank increased their FY2026 earnings estimates for FirstService in a research note issued to investors on Wednesday, February 11th. Scotiabank analyst H. Gupta now expects that the financial services provider will post earnings of $5.81 per share for the year, up from their prior forecast of $5.70. Scotiabank has a “Sector Outperform” rating and a $205.00 price objective on the stock. The consensus estimate for FirstService’s current full-year earnings is $5.27 per share. Scotiabank also issued estimates for FirstService’s FY2027 earnings at $6.48 EPS.

FSV has been the topic of several other research reports. TD Securities reaffirmed a “buy” rating and issued a $217.00 target price on shares of FirstService in a research report on Thursday, February 5th. Weiss Ratings restated a “hold (c+)” rating on shares of FirstService in a research note on Monday, December 22nd. Raymond James Financial decreased their price objective on FirstService from $225.00 to $215.00 and set an “outperform” rating on the stock in a report on Monday, October 27th. Canadian Imperial Bank of Commerce lowered their price objective on FirstService from $225.00 to $216.00 and set an “outperform” rating on the stock in a research report on Friday, October 24th. Finally, Stifel Nicolaus reduced their target price on shares of FirstService from $230.00 to $215.00 and set a “buy” rating for the company in a research report on Monday, October 27th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, FirstService presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.67.

FirstService Stock Up 2.8%

FirstService stock opened at $154.65 on Friday. The stock has a market cap of $7.07 billion, a P/E ratio of 48.94, a P/E/G ratio of 4.03 and a beta of 1.06. The company has a quick ratio of 1.77, a current ratio of 1.69 and a debt-to-equity ratio of 0.79. FirstService has a twelve month low of $147.23 and a twelve month high of $209.66. The company’s 50-day moving average price is $156.81 and its two-hundred day moving average price is $173.16.

FirstService (NASDAQ:FSV) (TSE:FSV) last issued its quarterly earnings data on Wednesday, February 4th. The financial services provider reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.05. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. FirstService had a net margin of 2.64% and a return on equity of 18.69%. The company’s revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.34 earnings per share.

FirstService Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Investors of record on Tuesday, March 31st will be paid a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 0.8%. This is a boost from FirstService’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Tuesday, March 31st. FirstService’s payout ratio is presently 34.81%.

Institutional Investors Weigh In On FirstService

A number of large investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company raised its position in shares of FirstService by 493.4% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,775,353 shares of the financial services provider’s stock valued at $432,173,000 after buying an additional 2,307,684 shares in the last quarter. Durable Capital Partners LP boosted its position in shares of FirstService by 12.9% during the 3rd quarter. Durable Capital Partners LP now owns 2,216,720 shares of the financial services provider’s stock worth $422,263,000 after acquiring an additional 253,155 shares in the last quarter. Vanguard Group Inc. increased its stake in FirstService by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 1,954,819 shares of the financial services provider’s stock valued at $304,000,000 after acquiring an additional 29,805 shares during the last quarter. Mackenzie Financial Corp raised its position in FirstService by 5.1% during the third quarter. Mackenzie Financial Corp now owns 1,551,175 shares of the financial services provider’s stock valued at $295,481,000 after purchasing an additional 75,712 shares in the last quarter. Finally, Orbis Allan Gray Ltd lifted its stake in FirstService by 0.5% during the second quarter. Orbis Allan Gray Ltd now owns 1,423,870 shares of the financial services provider’s stock worth $248,636,000 after purchasing an additional 6,680 shares during the last quarter. 69.35% of the stock is currently owned by institutional investors and hedge funds.

FirstService Company Profile

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.