First National Financial (TSE:FN) Stock Passes Above 50 Day Moving Average - What's Next?

First National Financial Co. (TSE:FN - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$39.25 and traded as high as C$42.33. First National Financial shares last traded at C$42.12, with a volume of 22,686 shares.

Analysts Set New Price Targets

A number of equities analysts recently commented on FN shares. Scotiabank decreased 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. National Bankshares cut their price target on First National Financial from C$43.00 to C$39.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 30th. TD Securities cut their price target on First National Financial from C$45.00 to C$41.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Finally, CIBC cut their price target 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.

First National Financial Price Performance

The firm's 50-day moving average is C$39.44 and its two-hundred day moving average is C$39.64. The company has a market cap of C$2.52 billion, a P/E ratio of 13.65, a PEG ratio of 0.70 and a beta of 1.04.

First National Financial Dividend Announcement

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

About First National Financial

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.