Stifel Canada Reduces Earnings Estimates for FirstService

Key Points

• Stifel Canada has revised down its Q3 2025 earnings per share estimate for FirstService to $1.62, slightly lower than its previous forecast of $1.63.
• Recent analyst ratings show a mix of opinions, with Wall Street Zen upgrading FirstService to a "buy" rating, while Zacks Research has downgraded it to "hold."
• FirstService announced a quarterly dividend of $0.275 per share, resulting in an annual yield of 0.6% and a payout ratio of 35.26%.

FirstService Corporation (NASDAQ:FSV - Free Report) TSE: FSV - Investment analysts at Stifel Canada dropped their Q3 2025 earnings per share (EPS) estimates for shares of FirstService in a report issued on Monday, October 13th. Stifel Canada analyst D. Young now expects that the financial services provider will earn $1.62 per share for the quarter, down from their previous forecast of $1.63. The consensus estimate for FirstService's current full-year earnings is $5.27 per share.

A number of other brokerages have also recently commented on FSV. TD Securities restated a "hold" rating on shares of FirstService in a research report on Thursday, September 4th. Wall Street Zen raised shares of FirstService from a "hold" rating to a "buy" rating in a report on Sunday, September 7th. Zacks Research cut FirstService from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 23rd. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of FirstService in a research note on Wednesday, October 8th. Finally, Scotiabank lifted their target price on FirstService from $210.00 to $220.00 and gave the company a "sector perform" rating in a research note on Wednesday, July 30th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $217.75.

FirstService Trading Down 0.1%

NASDAQ:FSV opened at $184.38 on Wednesday. FirstService has a one year low of $153.13 and a one year high of $209.66. The business has a fifty day moving average price of $196.57 and a 200-day moving average price of $183.16. The firm has a market capitalization of $8.41 billion, a price-to-earnings ratio of 59.10 and a beta of 0.99. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.76 and a quick ratio of 1.76.

FirstService (NASDAQ:FSV - Get Free Report) TSE: FSV last announced its earnings results on Thursday, July 24th. The financial services provider reported $1.71 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.26. FirstService had a net margin of 2.61% and a return on equity of 18.24%. The business had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.40 billion. During the same period in the prior year, the company earned $1.36 earnings per share. The firm's revenue was up 9.1% on a year-over-year basis.

FirstService Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 7th. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 30th. FirstService's payout ratio is presently 35.26%.

Institutional Investors Weigh In On FirstService

Several institutional investors have recently made changes to their positions in FSV. Fiera Capital Corp grew its holdings in FirstService by 3.9% during the 1st quarter. Fiera Capital Corp now owns 268,935 shares of the financial services provider's stock valued at $44,639,000 after purchasing an additional 10,087 shares during the last quarter. TD Asset Management Inc grew its stake in shares of FirstService by 61.6% during the first quarter. TD Asset Management Inc now owns 335,542 shares of the financial services provider's stock valued at $55,637,000 after buying an additional 127,846 shares during the last quarter. Summit Creek Advisors LLC raised its holdings in shares of FirstService by 8.4% in the first quarter. Summit Creek Advisors LLC now owns 115,245 shares of the financial services provider's stock worth $19,125,000 after buying an additional 8,961 shares during the period. Baskin Financial Services Inc. boosted its holdings in FirstService by 0.6% during the 1st quarter. Baskin Financial Services Inc. now owns 251,850 shares of the financial services provider's stock valued at $41,757,000 after acquiring an additional 1,588 shares during the period. Finally, Spire Wealth Management grew its position in FirstService by 52.1% in the 1st quarter. Spire Wealth Management now owns 543 shares of the financial services provider's stock valued at $90,000 after acquiring an additional 186 shares during the last quarter. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.