Brokerages Set First National Financial Co. (TSE:FN) Price Target at C$42.67

First National Financial Co. (TSE:FN - Get Free Report) has earned an average recommendation of "Hold" from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$42.67.

FN has been the topic of several research reports. TD Securities raised their price objective on shares of First National Financial from C$42.00 to C$46.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. CIBC upped 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 note on Wednesday, October 30th. Finally, National Bankshares upped their price objective 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 report on Wednesday, October 30th.

Insider Activity

In other First National Financial news, insider FNSC Holdings Inc. purchased 105,214 shares of the firm's stock in a transaction on Thursday, November 14th. The shares were purchased at an average cost of C$42.73 per share, with a total value of C$4,495,794.22. Company insiders own 71.45% of the company's stock.

First National Financial Stock Down 1.1 %

TSE:FN traded down C$0.45 during midday trading on Thursday, hitting C$40.01. 37,435 shares of the company were exchanged, compared to its average volume of 31,049. The company has a fifty day simple moving average of C$41.90 and a 200 day simple moving average of C$38.75. The company has a market capitalization of C$2.40 billion, a PE ratio of 10.53, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. First National Financial has a fifty-two week low of C$35.15 and a fifty-two week high of C$45.10. The company has a current ratio of 8.92, a quick ratio of 10.11 and a debt-to-equity ratio of 6,280.61.

First National Financial Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.708 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a yield of 1.71%. First National Financial's dividend payout ratio (DPR) is 64.47%.

First National Financial Company Profile

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.