NASDAQ:FSVFirstService Stock Price, Forecast & News

$87.25

-0.83 (-0.94 %)

(As of 05/25/2020 01:21 PM ET)

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Today's Range

$86.70

Now: $87.25▼

$89.24

50-Day Range

$70.49

MA: $81.26▼

$88.33

52-Week Range

$57.38

Now: $87.25▼

$114.87

Volume33,893 shs

Average Volume80,544 shs

Market Capitalization$3.63 billion

P/E RatioN/A

Dividend Yield0.76%

Beta0.93

FirstService Corporation, together with its subsidiaries, provides residential property services to residential and commercial customers in the United States and Canada. The company operates through two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment provides property management 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 segment also offers a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, security and concierge/front desk, and landscaping; and financial services comprising cash management, other banking transaction-related services, and specialized property insurance brokerage. In addition, this segment provides energy management solutions and advisory services, and resale processing services. The FirstService Brands segment offers property services through 6 franchise networks; and company-owned locations, including 18 California Closets locations and 9 Paul Davis Restoration locations. It offers residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; exterior residential painting and window cleaning services; fire protection services; and heating, ventilation, and air conditioning services, as well as related services. This segment provides its services primarily under the Paul Davis Restoration, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, Floor Coverings International, College Pro Painters, and Century Fire Protection brand names. FirstService Corporation was founded in 1988 and is headquartered in Toronto, Canada.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
FirstService has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $94.60, FirstService has a potential upside of 8.4% from its current price of $87.25.
Amount of Analyst Coverage
FirstService has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
FirstService has received 269 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
FirstService has received 308 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
FirstService has received 53.38% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about FirstService and other stocks. Vote “Outperform” if you believe FSV will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FSV will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
FirstService is a leading dividend payer. It pays a dividend yield of 0.76%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
FirstService has only been increasing its dividend for 4 years.
Dividend Sustainability
Based on earnings estimates, FirstService will have a dividend payout ratio of 36.67 % next year. This indicates that FirstService will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FirstService insiders have not sold or bought any company stock.
Percentage Held by Institutions
65.01% of the stock of FirstService is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for FirstService are expected to grow by 114.29% in the coming year, from $0.84 to $1.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FirstService is -13.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of FirstService is -13.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
FirstService has a P/B Ratio of 8.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.00 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Real estate

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:FSV

Previous Symbol

CUSIPN/A

CIK1637810

Webwww.firstservice.com

Phone416-960-9566

Debt

Debt-to-Equity Ratio1.76

Current Ratio1.64

Quick Ratio1.65

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio103.87

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.41 billion

Price / Sales1.51

Cash FlowN/A

Price / Cash FlowN/A

Book Value$10.26 per share

Price / Book8.50

Profitability

EPS (Most Recent Fiscal Year)($6.51)

Net Income$-251,610,000.00

Net Margins-9.73%

Return on Equity20.30%

Return on Assets3.43%

Miscellaneous

Employees24,000

Outstanding Shares41,630,000

Market Cap$3.63 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableNot Optionable

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FirstService (NASDAQ:FSV) Frequently Asked Questions

How has FirstService's stock been impacted by COVID-19 (Coronavirus)?

FirstService's stock was trading at $92.76 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FSV stock has decreased by 5.9% and is now trading at $87.25. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of FirstService?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FirstService in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for FirstService.

When is FirstService's next earnings date?

FirstService is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for FirstService.

How were FirstService's earnings last quarter?

FirstService Corp (NASDAQ:FSV) issued its quarterly earnings data on Thursday, April, 23rd. The financial services provider reported $0.37 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.42. The financial services provider had revenue of $633.80 million for the quarter, compared to analyst estimates of $624.90 million. FirstService had a positive return on equity of 20.30% and a negative net margin of 9.73%. The firm's revenue was up 30.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS. View FirstService's earnings history.

How often does FirstService pay dividends? What is the dividend yield for FirstService?

FirstService declared a quarterly dividend on Tuesday, February 4th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.165 per share on Tuesday, April 7th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Monday, March 30th. This is a positive change from FirstService's previous quarterly dividend of $0.15. View FirstService's dividend history.

What price target have analysts set for FSV?

6 equities research analysts have issued twelve-month target prices for FirstService's stock. Their forecasts range from $86.00 to $100.00. On average, they expect FirstService's share price to reach $94.60 in the next year. This suggests a possible upside of 8.4% from the stock's current price. View analysts' price targets for FirstService.

Has FirstService been receiving favorable news coverage?

Press coverage about FSV stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FirstService earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutFirstService.

Who are some of FirstService's key competitors?

Some companies that are related to FirstService include CBRE Group (CBRE), NEW WORLD DEV L/ADR (NDVLY), HANG LUNG PROPE/S (HLPPY), HONGKONG LD HOL/ADR (HNGKY), Gecina (GECFF), Brookfield Property Partners (BPY), Hudson Pacific Properties (HPP), Terreno Realty (TRNO), Cushman & Wakefield (CWK), Kennedy-Wilson (KW), Colliers International Group (CIGI), Shanghai Industrial (SGHIY), Innovative Industrial Properties (IIPR), Office Properties Income Trust (OPI) and Getty Realty (GTY). View all competitors.

What other stocks do shareholders of FirstService own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FirstService investors own include United Technologies (UTX), Abbott Laboratories (ABT), Franco Nevada (FNV), Home Depot (HD), IBM (IBM), Kellogg (K), 3M (MMM), Nike (NKE), PepsiCo (PEP) and Restaurant Brands International (QSR).

Who are FirstService's key executives?

FirstService's management team includes the following people:

Mr. Jay Steward Hennick, Founder & Chairman (Age 62)
Mr. D. Scott Patterson, Pres, CEO & Non-Independent Director (Age 58)
Mr. Jeremy Alan Rakusin, Chief Financial Officer (Age 50)
Mr. Alex Nguyen, Sr. VP of Strategy & Corp. Devel. (Age 36)
Mr. Douglas G. Cooke, Sr. VP, Corp. Controller & Corp. Sec. (Age 59)

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 number of retail and institutional investors. Top institutional investors include Mackenzie Financial Corp (5.91%), William Blair Investment Management LLC (3.33%), Fred Alger Management LLC (2.89%), The Manufacturers Life Insurance Company (2.76%), CIBC Asset Management Inc (2.11%) and Conestoga Capital Advisors LLC (1.85%).

Which institutional investors are selling FirstService stock?

FSV stock was sold by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Waratah Capital Advisors Ltd., Morgan Stanley, Connor Clark & Lunn Investment Management Ltd., Copper Rock Capital Partners LLC, CIBC World Markets Inc., Canada Pension Plan Investment Board, and PCJ Investment Counsel Ltd..

Which institutional investors are buying FirstService stock?

FSV stock was acquired by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, The Manufacturers Life Insurance Company , CIBC Asset Management Inc, Conestoga Capital Advisors LLC, JPMorgan Chase & Co., William Blair Investment Management LLC, Eagle Asset Management Inc., and Public Sector Pension Investment Board.

How do I buy shares of FirstService?

Shares of FSV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is FirstService's stock price today?

One share of FSV stock can currently be purchased for approximately $87.25.

How big of a company is FirstService?

FirstService has a market capitalization of $3.63 billion and generates $2.41 billion in revenue each year. The financial services provider earns $-251,610,000.00 in net income (profit) each year or ($6.51) on an earnings per share basis. FirstService employs 24,000 workers across the globe.

What is FirstService's official website?

The official website for FirstService is www.firstservice.com.

How can I contact FirstService?

FirstService's mailing address is 1255 Bay Street Suite 600, Toronto A6, M5R 2A9. The financial services provider can be reached via phone at 416-960-9566.

This page was last updated on 5/25/2020 by MarketBeat.com Staff