FirstService (FSV) Projected to Post Quarterly Earnings on Wednesday

FirstService (NASDAQ:FSV - Get Free Report) TSE: FSV is projected to issue its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.37 per share and revenue of $1.33 billion for the quarter. Parties that wish to register for the company's conference call can do so using this link.

FirstService Trading Down 1.3 %

Shares of NASDAQ:FSV traded down $2.44 during trading hours on Wednesday, hitting $183.01. 75,558 shares of the company's stock traded hands, compared to its average volume of 119,981. FirstService has a 1 year low of $141.26 and a 1 year high of $197.84. The business has a fifty day moving average price of $185.54 and a 200-day moving average price of $181.28. The firm has a market capitalization of $8.28 billion, a P/E ratio of 76.25 and a beta of 1.06. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.79 and a quick ratio of 1.79.

FirstService Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend was Tuesday, December 31st. FirstService's dividend payout ratio is presently 41.67%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. TD Securities lifted their price target on shares of FirstService from $179.00 to $182.00 and gave the company a "hold" rating in a research note on Thursday, October 17th. Raymond James boosted their price objective on shares of FirstService from $215.00 to $225.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 22nd. Stifel Nicolaus boosted their price objective on shares of FirstService from $200.00 to $215.00 and gave the stock a "buy" rating in a research note on Monday, October 21st. StockNews.com raised shares of FirstService from a "hold" rating to a "buy" rating in a research note on Friday, October 25th. Finally, Scotiabank boosted their price objective on shares of FirstService from $190.00 to $200.00 and gave the stock a "sector perform" rating in a research note on Tuesday, October 15th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $201.67.

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.