FirstService (FSV) Projected to Post Earnings on Wednesday

FirstService (NASDAQ:FSV) (TSE:FSV) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.37 per share and revenue of $1.33 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

FirstService Stock Performance

Shares of FSV stock opened at $180.40 on Tuesday. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 1.13. The firm has a fifty day moving average price of $184.85 and a 200 day moving average price of $181.79. The company has a market cap of $8.17 billion, a P/E ratio of 75.17 and a beta of 1.06. FirstService has a 12 month low of $141.26 and a 12 month high of $197.84.

FirstService Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 0.55%. FirstService’s dividend payout ratio is presently 41.67%.

Analysts Set New Price Targets

Several research firms have issued reports on FSV. Scotiabank upped their price objective on shares of FirstService from $190.00 to $200.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 15th. StockNews.com upgraded shares of FirstService from a “hold” rating to a “buy” rating in a research note on Friday, October 25th. Stifel Nicolaus raised their price target on FirstService from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Raymond James raised their price target on FirstService from $215.00 to $225.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Finally, TD Securities raised their price target on FirstService from $179.00 to $182.00 and gave the stock a “hold” rating in a report on Thursday, October 17th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $201.67.

FirstService Company Profile

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers 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.