FirstService (FSV) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FirstService in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FSV shares.
View FSV analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 1-year price objectives for FirstService's stock. 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 twelve months. This suggests a possible upside of 10.3% from the stock's current price.
View analysts price targets for FSV or view top-rated stocks among Wall Street analysts.

FirstService's stock was trading at $122.55 on January 1st, 2023. Since then, FSV shares have increased by 19.2% and is now trading at $146.12.
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FirstService saw a drop in short interest in May. As of May 15th, there was short interest totaling 517,800 shares, a drop of 10.4% from the April 30th total of 578,100 shares. Based on an average daily trading volume, of 51,200 shares, the days-to-cover ratio is currently 10.1 days. Currently, 1.3% of the shares of the company are sold short.
View FirstService's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our FSV earnings forecast.

FirstService Co. (NASDAQ:FSV) released its quarterly earnings data on Wednesday, April, 26th. The financial services provider reported $0.73 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by $0.01. The financial services provider earned $1.02 billion during the quarter, compared to analysts' expectations of $960.39 million. FirstService had a net margin of 3.13% and a trailing twelve-month return on equity of 18.72%.

FirstService announced a quarterly dividend on Tuesday, May 9th. Investors of record on Friday, June 30th will be given a dividend of $0.225 per share on Friday, July 7th. This represents a $0.90 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Thursday, June 29th.
Read our dividend analysis for FSV.

FirstService (NASDAQ:FSV) pays an annual dividend of $0.90 per share and currently has a dividend yield of 0.62%. 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.

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).

FirstService trades on the NASDAQ under the ticker symbol "FSV."

FirstService's stock is owned by a number of retail and institutional 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%).

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.
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One share of FSV stock can currently be purchased for approximately $146.12.

FirstService (NASDAQ:FSV) has a market capitalization of $6.51 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.

The company employs 27,000 workers across the globe.

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.