FY2026 EPS Estimate for FirstService Decreased by Analyst

Key Points

• Scotiabank trimmed its FY2026 EPS estimate for FirstService to $5.60 from $5.81 and kept a "Sector Outperform" rating with a $190 price target (consensus FY2026 EPS is $5.59).
• FirstService beat the quarter, reporting $0.95 EPS versus a $0.89 consensus and $1.30B in revenue versus $1.29B, with revenue up 5.3% year‑over‑year and ROE of 16.45%.
• Overall analyst view remains constructive—eight Buys and three Holds with an average price target of $196.89—while the stock trades around $128, well below its 52‑week high of $209.66.

FirstService Corporation (NASDAQ:FSV - Free Report) TSE: FSV - Scotiabank reduced their FY2026 EPS estimates for FirstService in a research report issued to clients and investors on Friday, May 1st. Scotiabank analyst H. Gupta now anticipates that the financial services provider will earn $5.60 per share for the year, down from their previous estimate of $5.81. Scotiabank has a "Sector Outperform" rating and a $190.00 price objective on the stock. The consensus estimate for FirstService's current full-year earnings is $5.59 per share. Scotiabank also issued estimates for FirstService's FY2027 earnings at $6.24 EPS.

FirstService (NASDAQ:FSV - Get Free Report) TSE: FSV last issued its earnings results on Thursday, April 23rd. The financial services provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. FirstService had a net margin of 2.92% and a return on equity of 16.45%. The firm's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.92 earnings per share.

A number of other brokerages have also recently commented on FSV. Stifel Nicolaus lowered their price objective on shares of FirstService from $215.00 to $200.00 and set a "buy" rating on the stock in a research note on Monday, April 27th. TD Securities set a $204.00 price objective on shares of FirstService in a research note on Friday, April 24th. BMO Capital Markets reissued an "outperform" rating and issued a $202.00 price objective on shares of FirstService in a research note on Thursday, February 5th. Loop Capital started coverage on shares of FirstService in a research note on Monday. They issued a "hold" rating and a $140.00 price objective on the stock. Finally, Wall Street Zen cut shares of FirstService from a "buy" rating to a "hold" rating in a research note on Saturday, April 18th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, FirstService has a consensus rating of "Moderate Buy" and an average price target of $196.89.

FirstService Price Performance

Shares of NASDAQ FSV opened at $128.01 on Tuesday. The stock has a market cap of $5.89 billion, a price-to-earnings ratio of 36.16, a PEG ratio of 3.99 and a beta of 0.97. FirstService has a 52 week low of $127.70 and a 52 week high of $209.66. The company's 50-day moving average price is $145.27 and its 200 day moving average price is $153.60. The company has a current ratio of 1.62, a quick ratio of 1.73 and a debt-to-equity ratio of 0.55.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Truist Financial Corp lifted its position in shares of FirstService by 0.9% during the fourth quarter. Truist Financial Corp now owns 8,894 shares of the financial services provider's stock worth $1,383,000 after purchasing an additional 77 shares in the last quarter. Evergreen Capital Management LLC lifted its position in shares of FirstService by 5.6% during the second quarter. Evergreen Capital Management LLC now owns 1,462 shares of the financial services provider's stock worth $256,000 after purchasing an additional 77 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of FirstService by 63.7% in the second quarter. Geneos Wealth Management Inc. now owns 203 shares of the financial services provider's stock worth $35,000 after buying an additional 79 shares during the last quarter. Parr Mcknight Wealth Management Group LLC increased its stake in shares of FirstService by 1.1% in the third quarter. Parr Mcknight Wealth Management Group LLC now owns 7,583 shares of the financial services provider's stock worth $1,444,000 after buying an additional 81 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its stake in shares of FirstService by 88.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 173 shares of the financial services provider's stock worth $27,000 after buying an additional 81 shares during the last quarter. 69.35% of the stock is owned by institutional investors and hedge funds.

About FirstService

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.

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