Firm Capital Mortgage Investment (FC) Stock Price, News & Analysis

Company Overview

Firm Capital Mortgage Investment Corporation, through its mortgage banker, Firm Capital Corporation, invests in short-term residential and commercial real estate mortgage loans and real estate related debt investments in Canada. It engages in originating, funding, purchasing, and servicing mortgage investments. The company also offers mortgage services, such as real estate financing, real estate investment financing, capital market, and loan servicing and advisory services; and a line of lending programs, including construction and development lending, investment property financing, short term lending, bridge finance, mezzanine and equity investments, capital market facilities, alternative residential lending program, and infill construction lending program. Firm Capital Mortgage Investment Corporation was founded in 1988 and is based in Toronto, Canada.

Key Stats

• Today's Range: C$11.37 to C$11.52
• 50-Day Range: C$11.15 to C$11.72
• 52-Week Range: C$9.50 to C$12.16
• Volume: 59,498 shs
• Average Volume: 38,169 shs
• Market Capitalization: C$419.09 million
• P/E Ratio: 11.53
• Dividend Yield: 8.24%
• Price Target: C$13.00
• Consensus Rating: Buy

Firm Capital Mortgage Investment Stock Analysis - MarketRank™

Firm Capital Mortgage Investment scored higher than 51% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Firm Capital Mortgage Investment has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Firm Capital Mortgage Investment has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Firm Capital Mortgage Investment is 11.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Firm Capital Mortgage Investment is 11.53, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 395.24.

Price to Book Value per Share Ratio

Firm Capital Mortgage Investment has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FC.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Firm Capital Mortgage Investment is a leading dividend payer. It pays a dividend yield of 8.14%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Firm Capital Mortgage Investment does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Firm Capital Mortgage Investment is 94.95%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FC.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Firm Capital Mortgage Investment has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Financial Services companies.

Search Interest

3 people have searched for FC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

1 people have added Firm Capital Mortgage Investment to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Firm Capital Mortgage Investment insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.28% of the stock of Firm Capital Mortgage Investment is held by insiders.

Percentage Held by Institutions

Only 2.09% of the stock of Firm Capital Mortgage Investment is held by institutions.

FC Stock Analysis - Frequently Asked Questions

How have FC shares performed this year?

Firm Capital Mortgage Investment's stock was trading at C$10.84 on January 1st, 2024. Since then, FC shares have increased by 5.3% and is now trading at C$11.41.
View the best growth stocks for 2024 here.

How were Firm Capital Mortgage Investment's earnings last quarter?

Firm Capital Mortgage Investment Co. (TSE:FC) announced its quarterly earnings results on Friday, August, 9th. The company reported $0.25 earnings per share for the quarter. The company earned $17.07 million during the quarter. Firm Capital Mortgage Investment had a trailing twelve-month return on equity of 8.50% and a net margin of 74.91%.

How do I buy shares of Firm Capital Mortgage Investment?

Shares of FC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Firm Capital Mortgage Investment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Firm Capital Mortgage Investment investors own include Exchange Income (EIF), BCE (BCE), Canadian Imperial Bank of Commerce (CM), Barrick Gold (ABX), Bank of Nova Scotia (BNS), SPDR Bloomberg Convertible Securities ETF (CWB) and First National Financial (FN).

Company Calendar

• Last Earnings: 8/09/2024
• Today: 10/23/2024
• Next Earnings (Estimated): 11/05/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Mortgage Finance
• Sub-Industry: Business Services
• Current Symbol: TSE:FC
• CUSIP: N/A
• CIK: N/A
• Web: firmcapital.com
• Phone: +1-416-6350221
• Fax: N/A
• Employees: 1,150
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$13.00
• High Stock Price Target: C$13.00
• Low Stock Price Target: C$13.00
• Potential Upside/Downside: +13.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.99
• Trailing P/E Ratio: 11.53
• Forward P/E Ratio: 10.67
• P/E Growth: N/A
• Net Income: C$34.03 million
• Net Margins: 74.91%
• Pretax Margin: N/A
• Return on Equity: 8.50%
• Return on Assets: 5.46%

Debt

• Debt-to-Equity Ratio: 57.73
• Current Ratio: 6.11
• Quick Ratio: 17.11

Sales & Book Value

• Annual Sales: C$45.43 million
• Price / Sales: 9.22
• Cash Flow: C$0.47 per share
• Price / Cash Flow: 24.39
• Book Value: C$11.60 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 36,730,000
• Free Float: N/A
• Market Cap: C$419.09 million
• Optionable: Not Optionable
• Beta: 1.04