First National Financial (TSE:FN) Shares Cross Above 50-Day Moving Average - Should You Sell?

First National Financial Co. (TSE:FN - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$39.02 and traded as high as C$41.34. First National Financial shares last traded at C$41.13, with a volume of 23,364 shares.

Wall Street Analyst Weigh In

FN has been the topic of several recent analyst reports. National Bankshares dropped their target price on shares of First National Financial from C$43.00 to C$39.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 30th. TD Securities dropped their price objective on First National Financial from C$45.00 to C$41.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. CIBC decreased their target price on First National Financial from C$44.00 to C$41.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. Finally, Scotiabank lowered their target price on First National Financial from C$44.00 to C$42.00 and set a "sector perform" rating on the stock in a report on Thursday, May 1st.

First National Financial Trading Up 0.3%

The firm's fifty day moving average price is C$39.10 and its 200-day moving average price is C$39.57. The company has a market cap of C$2.51 billion, a P/E ratio of 13.61, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial Dividend Announcement

The company also recently declared a jun 25 dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a dividend of $0.2083 per share. First National Financial's dividend payout ratio is 79.78%.

First National Financial Company Profile

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages.