Q1 EPS Estimates for FirstService Decreased by Raymond James

FirstService Co. (NASDAQ:FSV) (TSE:FSV) – Stock analysts at Raymond James cut their Q1 2025 earnings per share estimates for FirstService in a report released on Thursday, February 6th. Raymond James analyst F. Bastien now forecasts that the financial services provider will post earnings of $0.76 per share for the quarter, down from their prior estimate of $0.82. Raymond James currently has a “Outperform” rating and a $225.00 target price on the stock. The consensus estimate for FirstService’s current full-year earnings is $5.28 per share. Raymond James also issued estimates for FirstService’s Q2 2025 earnings at $1.47 EPS, Q3 2025 earnings at $1.76 EPS and Q4 2025 earnings at $1.35 EPS.

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

FirstService Stock Up 2.3 %

Shares of FSV opened at $177.00 on Monday. The stock has a market capitalization of $8.01 billion, a PE ratio of 59.60 and a beta of 1.06. FirstService has a 1 year low of $141.26 and a 1 year high of $197.84. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.79 and a current ratio of 1.75. The company’s 50-day simple moving average is $182.99 and its 200-day simple moving average is $182.09.

Institutional Investors Weigh In On FirstService

A number of large investors have recently added to or reduced their stakes in FSV. Franklin Resources Inc. raised its position in shares of FirstService by 486.3% in the third quarter. Franklin Resources Inc. now owns 469,141 shares of the financial services provider’s stock valued at $87,308,000 after buying an additional 389,129 shares during the last quarter. Bank of Montreal Can raised its stake in shares of FirstService by 19.7% in the 3rd quarter. Bank of Montreal Can now owns 388,430 shares of the financial services provider’s stock valued at $69,992,000 after acquiring an additional 63,807 shares during the period. JPMorgan Chase & Co. boosted its position in shares of FirstService by 5.3% in the third quarter. JPMorgan Chase & Co. now owns 200,776 shares of the financial services provider’s stock worth $36,634,000 after buying an additional 10,191 shares during the period. Harbor Capital Advisors Inc. grew its position in FirstService by 253.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 19,351 shares of the financial services provider’s stock valued at $3,503,000 after acquiring an additional 13,876 shares in the last quarter. Finally, Stifel Financial Corp increased its stake in FirstService by 65.4% during the 3rd quarter. Stifel Financial Corp now owns 21,103 shares of the financial services provider’s stock worth $3,851,000 after buying an additional 8,348 shares during the period. 69.35% of the stock is owned by institutional investors and hedge funds.

FirstService Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Monday, March 31st will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 0.62%. This is an increase from FirstService’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, March 31st. FirstService’s dividend payout ratio (DPR) is presently 37.04%.

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.