TSE:FC

Firm Capital Mortgage Investment - FC Stock Forecast, Price & News

C$12.56

+0.21 (+1.70%)

(As of 08/15/2022 12:00 AM ET)

Add

Compare

Today's Range: C$12.34
▼
C$12.65
50-Day Range: C$11.50
▼
C$12.79
52-Week Range: C$11.40
▼
C$15.84

Volume: 27,039 shs
Average Volume: 43,559 shs
Market Capitalization: C$433.12 million

P/E Ratio: 13.36
Dividend Yield: 7.58%
Price Target: C$14.17

About Firm Capital Mortgage Investment (TSE:FC) Stock

Firm Capital Mortgage Investment Corporation, through its mortgage banker, Firm Capital Corporation, provides residential and commercial short-term bridge, and conventional real estate finance in Canada. It engages in originating, funding, purchasing, and servicing mortgage investments. The company also offers mortgage services, such as real estate financing, real estate investment financing, capital market, and loan servicing and advisory services; and a line of lending programs, including construction and development lending, investment property financing, short term lending, bridge finance, mezzanine and equity investments, capital market facilities, residential and non-conventional house lending, and condominium capital improvement loans, as well as special situation loans. In addition, it provides related investment services. The company was founded in 1988 and is based in Toronto, Canada.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Laurentian Bank of Canada reduced their price objective on Firm Capital Mortgage Investment to C$14.00 in a research note on Monday, May 16th. Laurentian decreased their price objective on Firm Capital Mortgage Investment from C$16.00 to C$14.00 in a report on Monday, May 16th. Finally, TD Securities decreased their price objective on Firm Capital Mortgage Investment from C$15.50 to C$14.50 and set a "buy" rating on the stock in a report on Wednesday, May 18th.

Firm Capital Mortgage Investment Price Performance

Firm Capital Mortgage Investment stock traded up C$0.20 during mid-day trading on Monday, reaching C$12.55. The company had a trading volume of 25,539 shares, compared to its average volume of 43,508. Firm Capital Mortgage Investment has a 1 year low of C$11.40 and a 1 year high of C$15.84. The company has a debt-to-equity ratio of 54.03, a current ratio of 25.35 and a quick ratio of 25.34. The company has a market capitalization of C$432.77 million and a P/E ratio of 13.19. The stock's 50-day simple moving average is C$11.98 and its 200-day simple moving average is C$13.16.

Firm Capital Mortgage Investment Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, August 15th. Shareholders of record on Monday, August 15th will be issued a $0.078 dividend. The ex-dividend date is Thursday, July 28th. This represents a $0.94 dividend on an annualized basis and a yield of 7.46%. Firm Capital Mortgage Investment's dividend payout ratio (DPR) is presently 99.57%.

Receive FC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Firm Capital Mortgage Investment and its competitors with MarketBeat's FREE daily newsletter.

FC Stock News Headlines

August 14, 2022 | forbes.com

What Is Barca Studios? The Allure Of FC Barcelona’s Moonshot

August 9, 2022 | finance.yahoo.com

Altamont Capital Partners Exits Investment in Fox Racing

August 6, 2022 | msn.com

When the Goings Get Tough, the Gulf Sovereign Wealth Funds Get Going

August 3, 2022 | americanbankingnews.com

Firm Capital Mortgage Investment (TSE:FC) Shares Pass Below 200 Day Moving Average of $13.29

July 23, 2022 | forbes.com

FC Barcelona Activate Second Economic Lever Worth $408 Million

July 1, 2022 | forbes.com

Leeds United Reject Raphinha Transfer Offer From FC Barcelona

July 1, 2022 | forbes.com

FC Barcelona And Sixth Street Reach $280 million La Liga TV Rights Deal

June 29, 2022 | apnews.com

Morningstar Sustainalytics Acquires Property-Level Climate Risk Data Provider Aquantix

June 24, 2022 | ft.com

Live news updates from June 23: EU grants Ukraine and Moldova candidate status, US Supreme Court recognises right to carry firearms in public

June 9, 2022 | apnews.com

Facet Wealth Appoints Tom Graff as Head of Investments

June 3, 2022 | forbes.com

AC Milan Deal Should Deliver Quicker Returns Than Chelsea

June 2, 2022 | investing.com

Soccer- RedBird buys Italian champions AC Milan

June 2, 2022 | money.usnews.com

Soccer RedBird Buys Italian Champions AC Milan

May 18, 2022 | apnews.com

Oak Real Estate Partners Launches $500 Million Fund for Institutional Investors

May 16, 2022 | apnews.com

NewPoint Expands Seniors Housing Finance Platform with Strategic Hires

May 11, 2022 | apnews.com

Sonnenblick-Eichner Company Arranges $50,000,000 of First Mortgage Financing for the Cliffs Hotel & Spa, Pismo Beach, California

April 13, 2022 | finance.yahoo.com

95% of the Corporations’ Mortgages are at Floating Rates Structured to Capture the Benefit of Rising Interest Rates

March 31, 2022 | forbes.com

How Liverpool FC Target Fabio Carvalho Was Discovered And What The Man Who Found Him Did Next

March 26, 2022 | fool.com

Current Mortgage Rates: Still Competitive Today

March 25, 2022 | forbes.com

Raphinha Agrees To Join FC Barcelona From Leeds United

March 1, 2022 | finance.yahoo.com

Firm Capital Corporation Announces Managing Director Appointment for Calgary Office

February 23, 2022 | forbes.com

Atalanta No Longer Queen Of The Provinces As Investment Arrives

February 18, 2022 | msn.com

Retail sales rebound after Omicron disruption; NatWest returns to profit – business live

February 1, 2022 | finance.yahoo.com

Firm Capital Mortgage Investment Corporation Announces Early Redemption of 5.30% Convertible Debentures Due May 31, 2022

January 27, 2022 | finance.yahoo.com

IIROC Trade Resumption - FC.DB.L

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive FC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Firm Capital Mortgage Investment and its competitors with MarketBeat's FREE daily newsletter.

FC Company Calendar

Ex-Dividend for 8/15 Dividend: 7/28/2022
Today: 8/15/2022
Dividend Payable: 8/15/2022
Next Earnings (Estimated): 11/14/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Mortgage Investment
Sub-Industry: N/A
Sector: Finance
Current Symbol: TSE:FC
CUSIP: N/A
CIK: N/A
Web: firmcapital.com
Phone: +1-416-6350221
Fax: N/A
Employees: 940
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$14.17
High Stock Price Forecast: C$14.50
Low Stock Price Forecast: C$14.00
Forecasted Upside/Downside: +12.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 13.36
Forward P/E Ratio: 12.28
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 54.03
Current Ratio: 25.35
Quick Ratio: 25.34

Sales & Book Value

Annual Sales: C$38.69 million
Price / Sales: 11.20
Cash Flow: C$0.58 per share
Price / Cash Flow: 21.62
Book Value: C$11.39 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 34,484,000
Free Float: N/A
Market Cap: C$433.12 million
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Eli Dadouch
Founder, Pres, CEO & Director
Mr. Ryan M. Lim
Chief Financial Officer
Mr. Jonathan Mair CPA
CA, COO, Exec. VP & Director
Mr. Michael Warner
Sr. VP of Mortgage Lending & Director
Mr. Sandy Ivan Poklar CPA (Age 52)
CA, Exec. VP & MD of Fin.
Comp: $70k
Ms. Victoria Granovski C.F.A.
MFin, Sec., Internal Credit Mang., Sr. VP of Credit & Equity Capital and Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FC Stock - Frequently Asked Questions

Should I buy or sell Firm Capital Mortgage Investment stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Firm Capital Mortgage Investment in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" FC shares.
View FC analyst ratings or view top-rated stocks.
What is Firm Capital Mortgage Investment's stock price forecast for 2022?: 1 brokerages have issued 1-year price targets for Firm Capital Mortgage Investment's stock. Their FC share price forecasts range from C$14.00 to C$14.50. On average, they anticipate the company's share price to reach C$14.17 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for FC or view top-rated stocks among Wall Street analysts.
How have FC shares performed in 2022?: Firm Capital Mortgage Investment's stock was trading at C$14.35 at the beginning of the year. Since then, FC stock has decreased by 12.5% and is now trading at C$12.56.
View the best growth stocks for 2022 here.
When is Firm Capital Mortgage Investment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our FC earnings forecast.
How often does Firm Capital Mortgage Investment pay dividends? What is the dividend yield for Firm Capital Mortgage Investment?: Firm Capital Mortgage Investment announced a monthly dividend on Thursday, July 28th. Shareholders of record on Monday, August 15th will be given a dividend of 0.078 per share on Monday, August 15th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date of this dividend is Thursday, July 28th.
Read our dividend analysis for FC.
Is Firm Capital Mortgage Investment a good dividend stock?: Firm Capital Mortgage Investment (TSE:FC) pays an annual dividend of C$0.94 per share and currently has a dividend yield of 7.58%. FC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.57%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for FC.

What other stocks do shareholders of Firm Capital Mortgage Investment own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Firm Capital Mortgage Investment investors own include BCE (BCE), Exchange Income (EIF), Bank of Nova Scotia (BNS), SPDR Bloomberg Convertible Securities ETF (CWB), Pembina Pipeline (PPL), Supervalu (SVU), Royal Bank of Canada (RY), BCE (BCE), Inter Pipeline (IPL) and Micron Technology (MU).
What is Firm Capital Mortgage Investment's stock symbol?: Firm Capital Mortgage Investment trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FC."
How do I buy shares of Firm Capital Mortgage Investment?: Shares of FC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Firm Capital Mortgage Investment's stock price today?: One share of FC stock can currently be purchased for approximately C$12.56.
How much money does Firm Capital Mortgage Investment make?: Firm Capital Mortgage Investment (TSE:FC) has a market capitalization of C$433.12 million and generates C$38.69 million in revenue each year.
How many employees does Firm Capital Mortgage Investment have?: The company employs 940 workers across the globe.
How can I contact Firm Capital Mortgage Investment?: Firm Capital Mortgage Investment's mailing address is 163 Cartwright Ave, NORTH YORK, ON M6A 1V5, Canada. The official website for the company is firmcapital.com. The company can be reached via phone at +1-416-6350221.

This page (TSE:FC) was last updated on 8/15/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here