FirstService (FSV) Expected to Announce Quarterly Earnings on Thursday

FirstService (NASDAQ:FSV - Get Free Report) TSE: FSV is expected to announce its Q2 2025 earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $1.45 per share and revenue of $1.40 billion for the quarter.

FirstService (NASDAQ:FSV - Get Free Report) TSE: FSV last announced its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.08. FirstService had a net margin of 2.46% and a return on equity of 17.49%. The firm had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same period in the previous year, the company posted $0.67 earnings per share. FirstService's revenue was up 8.0% compared to the same quarter last year. On average, analysts expect FirstService to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

FirstService Stock Performance

FSV stock traded up $2.35 during trading on Friday, hitting $178.12. 175,513 shares of the company's stock traded hands, compared to its average volume of 112,473. The stock has a market capitalization of $8.10 billion, a price-to-earnings ratio of 61.63 and a beta of 0.99. The stock has a fifty day moving average price of $176.03 and a two-hundred day moving average price of $174.44. FirstService has a 52 week low of $153.13 and a 52 week high of $197.84. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 1.09.

FirstService Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 8th. Shareholders of record on Monday, June 30th were paid a dividend of $0.275 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.10 annualized dividend and a yield of 0.62%. FirstService's dividend payout ratio is currently 38.06%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Scotiabank reduced their price target on FirstService from $217.50 to $210.00 and set a "sector perform" rating for the company in a research note on Thursday, April 17th. TD Securities upped their target price on FirstService from $198.00 to $200.00 and gave the company a "hold" rating in a research report on Wednesday, May 7th. Finally, Wall Street Zen lowered FirstService from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $208.40.

Institutional Investors Weigh In On FirstService

Hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. boosted its holdings in shares of FirstService by 79.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 318,648 shares of the financial services provider's stock worth $52,880,000 after buying an additional 141,152 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in FirstService by 40.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 59,389 shares of the financial services provider's stock valued at $9,856,000 after purchasing an additional 17,072 shares during the last quarter. Finally, Strs Ohio acquired a new position in FirstService during the 1st quarter valued at $38,000. Institutional investors own 69.35% of the company's stock.

FirstService Company Profile

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.