First National Financial (TSE:FN) Stock Price Passes Below 200-Day Moving Average of $37.87

First National Financial Co. (TSE:FN - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$37.87 and traded as low as C$37.14. First National Financial shares last traded at C$37.61, with a volume of 19,878 shares trading hands.

Wall Street Analyst Weigh In

FN has been the subject of several research analyst reports. TD Securities lifted their target price on First National Financial from C$41.00 to C$44.00 and gave the stock a "hold" rating in a research note on Thursday, March 7th. Royal Bank of Canada lifted their price objective on First National Financial from C$42.00 to C$43.00 in a report on Thursday, January 4th. Scotiabank lifted their price objective on First National Financial from C$44.00 to C$45.00 and gave the company a "sector perform" rating in a report on Wednesday, January 31st. Finally, BMO Capital Markets dropped their price objective on First National Financial from C$44.00 to C$41.00 and set a "market perform" rating for the company in a report on Thursday, March 7th. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of C$41.83.

First National Financial Stock Performance

The company has a 50-day moving average of C$38.24 and a 200 day moving average of C$37.87. The company has a quick ratio of 10.11, a current ratio of 10.29 and a debt-to-equity ratio of 6,070.47. The firm has a market capitalization of C$2.22 billion, a PE ratio of 8.93, a PEG ratio of 0.70 and a beta of 1.10.

First National Financial (TSE:FN - Get Free Report) last released its earnings results on Tuesday, March 5th. The company reported C$0.72 earnings per share for the quarter, beating analysts' consensus estimates of C$0.22 by C$0.50. The company had revenue of C$199.30 million during the quarter, compared to analyst estimates of C$164.10 million. First National Financial had a return on equity of 35.19% and a net margin of 33.65%. Equities research analysts predict that First National Financial Co. will post 3.8981289 EPS for the current year.

First National Financial Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be paid a $0.2042 dividend. The ex-dividend date is Monday, April 29th. This represents a $2.45 annualized dividend and a dividend yield of 6.62%. This is an increase from First National Financial's previous monthly dividend of $0.20. First National Financial's dividend payout ratio is presently 58.31%.

About First National Financial

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.