First National Financial Co. (TSE:FN) Receives C$40.67 Consensus Target Price from Brokerages

First National Financial Co. (TSE:FN) has received a consensus recommendation of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$42.67.

Several research analysts recently issued reports on FN shares. National Bankshares increased their price target on shares of First National Financial from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 30th. TD Securities raised their target price on shares of First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. CIBC boosted their price target on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, Scotiabank raised their price objective on First National Financial from C$41.00 to C$44.00 in a research report on Wednesday, July 24th.

First National Financial Trading Up 1.7 %

TSE FN opened at C$41.29 on Wednesday. The stock’s 50 day moving average is C$38.90 and its 200 day moving average is C$37.44. The company has a quick ratio of 10.11, a current ratio of 8.92 and a debt-to-equity ratio of 6,280.61. The firm has a market capitalization of C$2.48 billion, a PE ratio of 10.87, a P/E/G ratio of 0.70 and a beta of 1.04. First National Financial has a twelve month low of C$35.15 and a twelve month high of C$42.74.

First National Financial Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a $0.708 dividend. This represents a yield of 1.71%. The ex-dividend date is Friday, November 29th. First National Financial’s dividend payout ratio (DPR) is 64.47%.

Insider Buying and Selling at First National Financial

In related news, insider FNSC Holdings Inc. bought 16,565 shares of the business’s stock in a transaction on Thursday, September 19th. The stock was acquired at an average price of C$39.24 per share, with a total value of C$650,010.60. Company insiders own 71.45% of the company’s stock.

About First National Financial

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.