First National Financial Co. (TSE:FN) Receives Average Recommendation of "Hold" from Brokerages

Shares of First National Financial Co. (TSE:FN - Get Free Report) have been given an average recommendation of "Hold" by the six analysts that are presently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$40.67.

Separately, Scotiabank upped their price target on First National Financial from C$41.00 to C$44.00 in a research note on Wednesday, July 24th.

Insider Buying and Selling

In other First National Financial news, insider FNSC Holdings Inc. bought 16,565 shares of the business's stock in a transaction on Thursday, September 19th. The shares were purchased at an average price of C$39.24 per share, with a total value of C$650,010.60. Company insiders own 71.45% of the company's stock.

First National Financial Trading Up 1.1 %

First National Financial stock traded up C$0.42 during trading on Tuesday, hitting C$39.77. The company's stock had a trading volume of 38,135 shares, compared to its average volume of 31,018. The stock has a market capitalization of C$2.39 billion, a price-to-earnings ratio of 10.47, a P/E/G ratio of 0.70 and a beta of 1.04. The stock's fifty day moving average is C$37.57 and its 200 day moving average is C$36.97. First National Financial has a 1-year low of C$32.86 and a 1-year high of C$41.41. 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.

First National Financial (TSE:FN - Get Free Report) last released its earnings results on Tuesday, July 30th. The company reported C$0.89 EPS for the quarter, missing the consensus estimate of C$0.93 by C($0.04). The business had revenue of C$205.45 million during the quarter, compared to analyst estimates of C$227.10 million. First National Financial had a net margin of 32.60% and a return on equity of 30.22%.

First National Financial Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th will be given a $0.204 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $2.45 annualized dividend and a dividend yield of 6.16%. First National Financial's payout ratio is 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.