First National Financial (TSE:FN) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

First National Financial Co. (TSE:FN - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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

FN has been the subject of a number of recent analyst reports. National Bankshares cut 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. Scotiabank cut their price target on shares of First National Financial from C$44.00 to C$42.00 and set a "sector perform" rating for the company in a report on Thursday, May 1st. TD Securities dropped their target price on shares of First National Financial from C$45.00 to C$41.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Finally, CIBC reduced their price target on shares of 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.

First National Financial Price Performance

The stock has a market capitalization of C$2.53 billion, a PE ratio of 13.72, a P/E/G ratio of 0.70 and a beta of 1.04. The company's 50 day moving average price is C$39.25 and its two-hundred day moving average price is C$39.61.

First National Financial Dividend Announcement

The business also recently disclosed a jun 25 dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.2083 per share. First National Financial's 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.