First National Financial (TSE:FN) Share Price Passes Below Two Hundred Day Moving Average - Should You Sell?

First National Financial Co. (TSE:FN - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$40.16 and traded as low as C$37.80. First National Financial shares last traded at C$38.38, with a volume of 44,723 shares trading hands.

Analysts Set New Price Targets

A number of analysts recently weighed in on FN shares. National Bankshares cut their price target 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 research report on Wednesday, April 30th. TD Securities cut their price target 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. 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 on the stock in a research report on Thursday, May 1st. BMO Capital Markets increased their price target on shares of First National Financial from C$41.00 to C$42.00 in a research report on Thursday, March 6th. Finally, CIBC cut their price target on shares of First National Financial from C$44.00 to C$41.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st.

First National Financial Stock Performance

The stock has a market capitalization of C$2.34 billion, a price-to-earnings ratio of 12.68, a P/E/G ratio of 0.70 and a beta of 1.04. The firm's fifty day simple moving average is C$38.39 and its 200 day simple moving average is C$40.09.

First National Financial Announces Dividend

The firm also recently disclosed a apr 25 dividend, which was paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th were issued a $0.2083 dividend. First National Financial's dividend payout ratio (DPR) is presently 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.