FirstService (TSE:FSV – Get Free Report) (NASDAQ:FSV) had its target price dropped by TD from C$207.00 to C$195.00 in a research report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD’s target price would indicate a potential upside of 0.62% from the stock’s current price.
Separately, Raymond James Financial decreased their price target on shares of FirstService from C$215.00 to C$190.00 and set an “outperform” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. Based on data from MarketBeat.com, FirstService has a consensus rating of “Buy” and a consensus target price of C$200.67.
Read Our Latest Research Report on FSV
FirstService Price Performance
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 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. Equities analysts anticipate that FirstService will post 7.5161189 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Firstservice Corporation bought 2,372 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was bought at an average price of C$182.30 per share, for a total transaction of C$432,415.60. Following the transaction, the insider owned 8,872 shares in the company, valued at C$1,617,365.60. The trade was a 36.49% increase in their ownership of the stock. Insiders bought 7,872 shares of company stock valued at $1,431,216 over the last three months. 10.26% of the stock is 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
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.
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