First National Financial (FN) to Release Quarterly Earnings on Tuesday

First National Financial (TSE:FN - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect First National Financial to post earnings of C$1.09 per share for the quarter.

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

First National Financial Price Performance

Shares of First National Financial stock traded up C$0.18 on Tuesday, hitting C$40.33. The company had a trading volume of 27,077 shares, compared to its average volume of 30,453. The business has a 50-day simple moving average of C$38.27 and a 200-day simple moving average of C$37.25. The company has a debt-to-equity ratio of 6,280.61, a current ratio of 8.92 and a quick ratio of 10.11. The company has a market cap of C$2.42 billion, a PE ratio of 10.57, a PEG ratio of 0.70 and a beta of 1.04. First National Financial has a 52 week low of C$32.86 and a 52 week high of C$41.41.

First National Financial Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a $0.204 dividend. This represents a $2.45 annualized dividend and a dividend yield of 6.07%. The ex-dividend date of this dividend is Thursday, October 31st. First National Financial's dividend payout ratio (DPR) is presently 64.47%.

Insider Activity at First National Financial

In related news, insider FNSC Holdings Inc. purchased 16,565 shares of the firm's stock in a transaction on Thursday, September 19th. The shares were bought at an average cost of C$39.24 per share, for a total transaction of C$650,010.60. 71.45% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Scotiabank raised their target price on shares of First National Financial from C$41.00 to C$44.00 in a report on Wednesday, July 24th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of C$40.67.

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.