First National Financial Co. (TSE:FN) Given Consensus Recommendation of "Hold" by Brokerages

First National Financial Co. (TSE:FN - Get Free Report) has been assigned an average recommendation of "Hold" from the six research firms that are covering the firm, MarketBeat.com 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 twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$42.67.

Several brokerages recently issued reports on FN. CIBC increased their price objective 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. National Bankshares boosted 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 report on Wednesday, October 30th. Finally, TD Securities increased their price objective 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.

Insiders Place Their Bets

In other First National Financial news, insider FNSC Holdings Inc. bought 742 shares of the business's stock in a transaction on Wednesday, December 18th. The stock was bought at an average price of C$40.50 per share, with a total value of C$30,051.00. 71.45% of the stock is currently owned by insiders.

First National Financial Stock Down 1.2 %

Shares of First National Financial stock traded down C$0.46 during trading on Monday, reaching C$38.95. The company had a trading volume of 43,090 shares, compared to its average volume of 30,931. 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 debt-to-equity ratio of 6,280.61, a quick ratio of 10.11 and a current ratio of 8.92. The company has a market cap of C$2.34 billion, a price-to-earnings ratio of 10.25, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. The firm's fifty day moving average is C$41.84 and its 200-day moving average is C$39.24.

First National Financial Announces Dividend

The business also recently declared 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 was Friday, November 29th. This represents a dividend yield of 1.71%. First National Financial's dividend payout ratio is currently 64.47%.

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.