First National Financial (TSE:FN) Stock Price Passes Below 200-Day Moving Average - What's Next?

First National Financial Co. (TSE:FN - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$40.01 and traded as low as C$38.50. First National Financial shares last traded at C$38.53, with a volume of 24,433 shares trading hands.

Wall Street Analyst Weigh In

FN has been the subject of a number of analyst reports. CIBC reduced their price objective on First National Financial from C$44.00 to C$41.00 and set a "neutral" rating for the company in a research report on Thursday, May 1st. National Bankshares reduced their price objective on First National Financial from C$43.00 to C$39.00 and set a "sector perform" rating for the company in a research report on Wednesday, April 30th. TD Securities reduced their price objective on First National Financial from C$45.00 to C$41.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. BMO Capital Markets raised their price objective on First National Financial from C$41.00 to C$42.00 in a research report on Thursday, March 6th. Finally, Scotiabank dropped their target price on shares of First National Financial from C$44.00 to C$42.00 and set a "sector perform" rating on the stock in a research note on Thursday, May 1st.

First National Financial Price Performance

The company has a 50-day moving average price of C$38.36 and a 200 day moving average price of C$40.00. The firm has a market capitalization of C$2.30 billion, a PE ratio of 12.45, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial Dividend Announcement

The company also recently announced a apr 25 dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were given a $0.2083 dividend. First National Financial's dividend payout ratio is currently 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.