FirstService (FSV) Expected to Announce Earnings on Wednesday

FirstService (NASDAQ:FSV - Get Free Report) TSE: FSV will likely be releasing its earnings data before the market opens on Wednesday, April 23rd. Analysts expect FirstService to post earnings of $0.84 per share and revenue of $1.28 billion for the quarter. Investors interested in registering for the company's conference call can do so using this link.

FirstService Trading Up 0.0 %

Shares of FSV stock traded up $0.08 on Friday, hitting $172.03. The stock had a trading volume of 97,818 shares, compared to its average volume of 108,583. The firm has a market cap of $7.82 billion, a P/E ratio of 57.92 and a beta of 1.04. FirstService has a twelve month low of $141.26 and a twelve month high of $197.84. The company has a current ratio of 1.75, a quick ratio of 1.79 and a debt-to-equity ratio of 1.09. The company has a fifty day moving average price of $170.08 and a two-hundred day moving average price of $179.74.

FirstService Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Monday, March 31st were paid a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 0.64%. This is a boost from FirstService's previous quarterly dividend of $0.25. The ex-dividend date was Monday, March 31st. FirstService's payout ratio is presently 37.04%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FSV. StockNews.com cut FirstService from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Raymond James lifted their price target on shares of FirstService from $215.00 to $225.00 and gave the company an "outperform" rating in a research note on Thursday, January 30th. Finally, 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 report on Thursday. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, FirstService currently has a consensus rating of "Moderate Buy" and a consensus price target of $203.33.

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.