FY2026 EPS Estimates for FirstService Increased by Analyst

FirstService Corporation (NASDAQ:FSV) (TSE:FSV) – Scotiabank upped their FY2026 EPS estimates for FirstService in a research report issued on Wednesday, February 11th. Scotiabank analyst H. Gupta now anticipates that the financial services provider will post earnings of $5.81 per share for the year, up from their prior estimate of $5.70. Scotiabank has a “Sector Outperform” rating and a $205.00 price target on the stock. The consensus estimate for FirstService’s current full-year earnings is $5.27 per share. Scotiabank also issued estimates for FirstService’s FY2027 earnings at $6.48 EPS.

FirstService (NASDAQ:FSV) (TSE:FSV) last announced its quarterly earnings results on Wednesday, February 4th. The financial services provider reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.05. FirstService had a net margin of 2.64% and a return on equity of 18.69%. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the firm posted $1.34 earnings per share. The business’s quarterly revenue was up 1.3% compared to the same quarter last year.

Several other equities research analysts also recently issued reports on the company. Weiss Ratings restated a “hold (c+)” rating on shares of FirstService in a report on Monday, December 22nd. Stifel Nicolaus dropped their target price on shares of FirstService from $230.00 to $215.00 and set a “buy” rating on the stock in a report on Monday, October 27th. Canadian Imperial Bank of Commerce reduced their price target on shares of FirstService from $225.00 to $216.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Raymond James Financial dropped their price objective on shares of FirstService from $225.00 to $215.00 and set an “outperform” rating on the stock in a report on Monday, October 27th. Finally, Wall Street Zen cut shares of FirstService from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, FirstService has an average rating of “Moderate Buy” and an average price target of $211.67.

FirstService Stock Performance

Shares of FirstService stock opened at $150.40 on Friday. The stock’s fifty day simple moving average is $156.82 and its 200 day simple moving average is $173.44. The company has a current ratio of 1.69, a quick ratio of 1.77 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $6.88 billion, a PE ratio of 47.59, a PEG ratio of 4.24 and a beta of 1.06. FirstService has a 12 month low of $147.23 and a 12 month high of $209.66.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FSV. Durable Capital Partners LP lifted its stake in FirstService by 12.9% in the 3rd quarter. Durable Capital Partners LP now owns 2,216,720 shares of the financial services provider’s stock valued at $422,263,000 after purchasing an additional 253,155 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of FirstService by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 1,954,819 shares of the financial services provider’s stock worth $304,000,000 after acquiring an additional 29,805 shares during the last quarter. Mackenzie Financial Corp increased its holdings in shares of FirstService by 5.1% in the third quarter. Mackenzie Financial Corp now owns 1,551,175 shares of the financial services provider’s stock valued at $295,481,000 after purchasing an additional 75,712 shares during the last quarter. Orbis Allan Gray Ltd raised its position in shares of FirstService by 0.5% in the second quarter. Orbis Allan Gray Ltd now owns 1,423,870 shares of the financial services provider’s stock valued at $248,636,000 after purchasing an additional 6,680 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of FirstService by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 600,155 shares of the financial services provider’s stock worth $114,323,000 after buying an additional 13,264 shares during the period. 69.35% of the stock is currently owned by institutional investors and hedge funds.

FirstService Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a yield of 0.8%. This is an increase from FirstService’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Tuesday, March 31st. FirstService’s payout ratio is currently 34.81%.

FirstService Company Profile

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.