Brokers Offer Predictions for FirstService FY2025 Earnings

FirstService Corporation (NASDAQ:FSV) (TSE:FSV) – Equities researchers at Scotiabank decreased their FY2025 earnings per share (EPS) estimates for FirstService in a report released on Friday, January 23rd. Scotiabank analyst H. Gupta now anticipates that the financial services provider will earn $5.30 per share for the year, down from their previous estimate of $5.34. Scotiabank currently has a “Sector Outperform” rating and a $205.00 target price 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 FY2026 earnings at $5.70 EPS.

FSV has been the subject of a number of other reports. 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 report on Monday, October 27th. Weiss Ratings restated a “hold (c+)” rating on shares of FirstService in a research report on Monday, December 22nd. Wall Street Zen downgraded FirstService from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. CIBC lowered their target price on FirstService from $225.00 to $216.00 and set an “outperform” rating on the stock in a research note on Friday, October 24th. Finally, TD Securities dropped their target price on FirstService from $213.00 to $211.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $211.83.

FirstService Stock Up 0.1%

Shares of NASDAQ:FSV opened at $160.03 on Monday. FirstService has a 1-year low of $147.23 and a 1-year high of $209.66. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.77 and a quick ratio of 1.77. The stock has a market cap of $7.32 billion, a P/E ratio of 52.99, a P/E/G ratio of 2.77 and a beta of 1.06. The firm has a fifty day moving average price of $155.53 and a 200 day moving average price of $175.62.

FirstService (NASDAQ:FSV) (TSE:FSV) last announced its earnings results on Thursday, October 23rd. The financial services provider reported $1.76 EPS for the quarter, meeting analysts’ consensus estimates of $1.76. The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.47 billion. FirstService had a net margin of 2.53% and a return on equity of 17.98%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.63 EPS.

FirstService Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 31st were given a $0.275 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $1.10 dividend on an annualized basis and a yield of 0.7%. FirstService’s dividend payout ratio (DPR) is presently 36.42%.

Hedge Funds Weigh In On FirstService

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale lifted its holdings in FirstService by 0.9% in the second quarter. DekaBank Deutsche Girozentrale now owns 6,092 shares of the financial services provider’s stock worth $1,051,000 after acquiring an additional 52 shares during the last quarter. Evergreen Capital Management LLC grew its holdings in shares of FirstService by 5.6% during the second quarter. Evergreen Capital Management LLC now owns 1,462 shares of the financial services provider’s stock valued at $256,000 after purchasing an additional 77 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of FirstService by 63.7% during the second quarter. Geneos Wealth Management Inc. now owns 203 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 79 shares during the last quarter. Vista Finance LLC raised its position in shares of FirstService by 4.1% during the 2nd quarter. Vista Finance LLC now owns 2,081 shares of the financial services provider’s stock worth $363,000 after purchasing an additional 81 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC lifted its holdings in shares of FirstService by 1.1% in the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 7,583 shares of the financial services provider’s stock worth $1,444,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 69.35% of the company’s stock.

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.