Positive News SentimentPositive NewsNASDAQ:FSV FirstService (FSV) Stock Forecast, Price & News $146.06 -1.75 (-1.18%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$145.97▼$148.2050-Day Range$135.43▼$150.7452-Week Range$112.44▼$151.38Volume56,533 shsAverage Volume49,410 shsMarket Capitalization$6.51 billionP/E Ratio52.73Dividend Yield0.62%Price Target$161.20 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media FirstService MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside10.4% Upside$161.20 Price TargetShort InterestHealthy1.32% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth14.48%From $4.35 to $4.98 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.50 out of 5 starsFinance Sector590th out of 858 stocksReal Estate Industry16th out of 23 stocks 2.4 Analyst's Opinion Consensus RatingFirstService has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $161.20, FirstService has a forecasted upside of 10.4% from its current price of $146.06.Amount of Analyst CoverageFirstService has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.32% of the float of FirstService has been sold short.Short Interest Ratio / Days to CoverFirstService has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.Change versus previous monthShort interest in FirstService has recently decreased by 10.43%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldFirstService has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFirstService has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of FirstService is 32.49%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, FirstService will have a dividend payout ratio of 18.07% next year. This indicates that FirstService will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FSV. Previous Next 3.2 News and Social Media Coverage News SentimentFirstService has a news sentiment score of 1.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for FirstService this week, compared to 3 articles on an average week.Search Interest1 people have searched for FSV on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FirstService insiders have not sold or bought any company stock.Percentage Held by Institutions72.57% of the stock of FirstService is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for FirstService are expected to grow by 14.48% in the coming year, from $4.35 to $4.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FirstService is 52.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.19.Price to Earnings Ratio vs. SectorThe P/E ratio of FirstService is 52.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 152.72.Price to Book Value per Share RatioFirstService has a P/B Ratio of 7.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About FirstService (NASDAQ:FSV) StockFirstService Corp. engages in the provision of property services. It operates through the FirstService Residential and FirstService Brands segments. The FirstService Residential segment offers residential property management services in North America. The FirstService Brands segment covers residential and commercial customers through both franchise systems, and company-owned operations. The company was founded by Jay S. Hennick in 1989 and is headquartered in Toronto, Canada.Read More Receive FSV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FirstService and its competitors with MarketBeat's FREE daily newsletter. Email Address FSV Stock News HeadlinesMay 23, 2023 | benzinga.comThe Copper Creek Association Selects FirstService Residential for Professional HOA Management in Oro Valley, ArizonaMay 17, 2023 | americanbankingnews.comFirstService Co. (NASDAQ:FSV) Receives $161.20 Average Price Target from AnalystsJune 5, 2023 | Stansberry Research (Ad)Why 2023 Could Kick Off a "Cash Frenzy" in StocksBut the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.May 12, 2023 | msn.comFirstService (FSV) Declares $0.22 DividendMay 3, 2023 | americanbankingnews.comFirstService Co. (NASDAQ:FSV) Sees Large Decline in Short InterestApril 30, 2023 | americanbankingnews.comFirstService (NASDAQ:FSV) Price Target Raised to $145.00April 30, 2023 | americanbankingnews.comFirstService (NASDAQ:FSV) Raised to Buy at TD SecuritiesApril 28, 2023 | americanbankingnews.comFirstService (NASDAQ:FSV) Downgraded by StockNews.com to HoldJune 5, 2023 | Stansberry Research (Ad)Why 2023 Could Kick Off a "Cash Frenzy" in StocksBut the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.April 28, 2023 | americanbankingnews.comQ1 2024 Earnings Estimate for FirstService Co. (NASDAQ:FSV) Issued By Raymond JamesApril 27, 2023 | markets.businessinsider.comAnalyst Ratings for FirstServiceApril 27, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for FirstService Co.'s Q4 2024 Earnings (NASDAQ:FSV)April 26, 2023 | finanznachrichten.deFirstService Corporation: FirstService Reports Very Strong First Quarter ResultsApril 26, 2023 | finance.yahoo.comFirstService Reports Very Strong First Quarter ResultsApril 26, 2023 | americanbankingnews.comFirstService Co. (NASDAQ:FSV) Receives $160.25 Consensus Target Price from BrokeragesApril 24, 2023 | americanbankingnews.comFirstService (FSV) Set to Announce Quarterly Earnings on WednesdayApril 22, 2023 | americanbankingnews.comFirstService (NASDAQ:FSV) Raised to Buy at StockNews.comApril 21, 2023 | americanbankingnews.comFirstService (NASDAQ:FSV) Stock Price Up 2.1%April 19, 2023 | americanbankingnews.comFirstService (NASDAQ:FSV) Now Covered by Royal Bank of CanadaApril 18, 2023 | finance.yahoo.comFirstService Residential Selected to Manage One Water StreetApril 13, 2023 | theglobeandmail.comClosing Bell: Firstservice Corp up on Wednesday (FSV)April 5, 2023 | ca.finance.yahoo.comStocks in play: FirstService CorpApril 5, 2023 | marketwatch.comFirstService Expands Toronto Presence with Crossbridge Condominium Services AcquisitionApril 5, 2023 | finance.yahoo.comFirstService Residential Solidifies Market Leadership Position in Greater Toronto Metropolitan AreaMarch 28, 2023 | finance.yahoo.comFirstService Residential Welcomes Omega at Bonita Bay to its Portfolio of PropertiesMarch 28, 2023 | americanbankingnews.comFirstService Co. (FSV) to Issue Quarterly Dividend of $0.23 on April 11thMarch 27, 2023 | benzinga.comFirstService Residential Earns Great Place to Work Certification™See More Headlines FSV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FSV Company Calendar Ex-Dividend for 4/11 Dividend3/30/2023Dividend Payable4/11/2023Last Earnings4/26/2023Today6/05/2023Ex-Dividend for 7/7 Dividend6/29/2023Dividend Payable7/07/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:FSV CUSIPN/A CIK1637810 Webwww.firstservice.com Phone(416) 960-9566Fax64-7258-0008Employees27,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$161.20 High Stock Price Forecast$170.00 Low Stock Price Forecast$145.00 Forecasted Upside/Downside+9.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.77 Trailing P/E Ratio53.41 Forward P/E Ratio34.01 P/E GrowthN/ANet Income$121.07 million Net Margins3.13% Pretax Margin5.07% Return on Equity18.72% Return on Assets6.16% Debt Debt-to-Equity Ratio0.89 Current Ratio1.90 Quick Ratio1.90 Sales & Book Value Annual Sales$3.75 billion Price / Sales1.76 Cash Flow$6.45 per share Price / Cash Flow22.93 Book Value$20.52 per share Price / Book7.21Miscellaneous Outstanding Shares44,560,000Free FloatN/AMarket Cap$6.59 billion OptionableNot Optionable Beta1.08 Key ExecutivesD. Scott PattersonPresident, Chief Executive Officer & DirectorJeremy RakusinChief Financial OfficerDouglas G. CookeSecretary, Senior Vice President & ControllerDavid DiestelChief Executive Officer-FirstService ResidentialAlex NguyenSenior VP-Strategy & Corporate DevelopmentKey CompetitorsTerreno RealtyNYSE:TRNOColliers International GroupNASDAQ:CIGIKennedy-WilsonNYSE:KWInnovative Industrial PropertiesNYSE:IIPRCushman & WakefieldNYSE:CWKView All CompetitorsInstitutional OwnershipSeaport Global Advisors LLCBought 767 shares on 5/23/2023Ownership: 0.002%Ameriprise Financial Inc.Bought 24,386 shares on 5/22/2023Ownership: 0.777%JPMorgan Chase & Co.Bought 2,277 shares on 5/18/2023Ownership: 0.292%Centaurus Financial Inc.Bought 80 shares on 5/18/2023Ownership: 0.007%Thrivent Financial for LutheransBought 2,232 shares on 5/17/2023Ownership: 0.217%View All Institutional Transactions FSV Stock - Frequently Asked Questions Should I buy or sell FirstService stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstService in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FSV shares. View FSV analyst ratings or view top-rated stocks. What is FirstService's stock price forecast for 2023? 4 Wall Street research analysts have issued 1 year price targets for FirstService's shares. Their FSV share price forecasts range from $145.00 to $170.00. On average, they anticipate the company's share price to reach $161.20 in the next year. This suggests a possible upside of 9.0% from the stock's current price. View analysts price targets for FSV or view top-rated stocks among Wall Street analysts. How have FSV shares performed in 2023? FirstService's stock was trading at $122.55 at the start of the year. Since then, FSV stock has increased by 20.7% and is now trading at $147.94. View the best growth stocks for 2023 here. Are investors shorting FirstService? FirstService saw a decline in short interest in May. As of May 15th, there was short interest totaling 517,800 shares, a decline of 10.4% from the April 30th total of 578,100 shares. Based on an average trading volume of 51,200 shares, the short-interest ratio is currently 10.1 days. Currently, 1.3% of the shares of the stock are short sold. View FirstService's Short Interest. When is FirstService's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our FSV earnings forecast. How were FirstService's earnings last quarter? FirstService Co. (NASDAQ:FSV) posted its earnings results on Wednesday, April, 26th. The financial services provider reported $0.73 EPS for the quarter, missing analysts' consensus estimates of $0.74 by $0.01. The financial services provider had revenue of $1.02 billion for the quarter, compared to analyst estimates of $960.39 million. FirstService had a trailing twelve-month return on equity of 18.72% and a net margin of 3.13%. How often does FirstService pay dividends? What is the dividend yield for FirstService? FirstService announced a quarterly dividend on Tuesday, May 9th. Investors of record on Friday, June 30th will be paid a dividend of $0.225 per share on Friday, July 7th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date is Thursday, June 29th. Read our dividend analysis for FSV. Is FirstService a good dividend stock? FirstService (NASDAQ:FSV) pays an annual dividend of $0.90 per share and currently has a dividend yield of 0.61%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 32.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FSV will have a dividend payout ratio of 18.07% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FSV. What other stocks do shareholders of FirstService own? Based on aggregate information from My MarketBeat watchlists, some companies that other FirstService investors own include Abbott Laboratories (ABT), Applied Materials (AMAT), Home Depot (HD), 3M (MMM), NIKE (NKE), Thermo Fisher Scientific (TMO), United Technologies (UTX), Zoetis (ZTS), Agilent Technologies (A) and Boeing (BA). What is FirstService's stock symbol? FirstService trades on the NASDAQ under the ticker symbol "FSV." Who are FirstService's major shareholders? FirstService's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mackenzie Financial Corp (4.48%), Fred Alger Management LLC (3.17%), Conestoga Capital Advisors LLC (3.03%), William Blair Investment Management LLC (2.13%), Renaissance Technologies LLC (1.52%) and CIBC Asset Management Inc (1.22%). How do I buy shares of FirstService? Shares of FSV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is FirstService's stock price today? One share of FSV stock can currently be purchased for approximately $147.94. How much money does FirstService make? FirstService (NASDAQ:FSV) has a market capitalization of $6.59 billion and generates $3.75 billion in revenue each year. The financial services provider earns $121.07 million in net income (profit) each year or $2.77 on an earnings per share basis. How many employees does FirstService have? The company employs 27,000 workers across the globe. How can I contact FirstService? FirstService's mailing address is 1255 Bay Street Suite 600, Toronto A6, M5R 2A9. The official website for the company is www.firstservice.com. The financial services provider can be reached via phone at (416) 960-9566 or via fax at 64-7258-0008. This page (NASDAQ:FSV) was last updated on 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding FirstService Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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