FirstService (TSE:FSV) Price Target Cut to C$190.00 by Analysts at Raymond James Financial

FirstService (TSE:FSV) (NASDAQ:FSV) had its price target cut by Raymond James Financial from C$215.00 to C$190.00 in a research report report published on Friday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, TD lifted their target price on shares of FirstService from C$204.00 to C$207.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$200.67.

FirstService Stock Up 5.0%

Shares of FSV opened at C$193.80 on Friday. FirstService has a 52 week low of C$169.60 and a 52 week high of C$290.34. The company has a market capitalization of C$8.91 billion, a price-to-earnings ratio of 54.59, a PEG ratio of 107.75 and a beta of 0.79. The stock’s 50-day moving average price is C$195.55 and its 200-day moving average price is C$200.98.

FirstService (TSE:FSV) (NASDAQ:FSV) last released its quarterly earnings results on Thursday, July 23rd. The company reported C$2.49 EPS for the quarter. FirstService had a net margin of 2.90% and a return on equity of 15.50%. The company had revenue of C$2.06 billion for the quarter. As a group, equities analysts anticipate that FirstService will post 7.5161189 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Firstservice Corporation bought 2,500 shares of the stock in a transaction dated Thursday, April 30th. The shares were purchased at an average price of C$181.90 per share, with a total value of C$454,750.00. Following the completion of the acquisition, the insider owned 16,872 shares of the company’s stock, valued at C$3,069,016.80. This represents a 17.39% increase in their ownership of the stock. Over the last ninety days, insiders have acquired 7,872 shares of company stock valued at $1,431,216. Corporate insiders own 10.26% of the company’s stock.

Key Headlines Impacting FirstService

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

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. 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.