FirstService (FSV) Stock Price, News & Analysis

Company Overview

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. This segment provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. Its FirstService Brands segment operates and provides essential property services to residential and commercial customers through franchise networks; and company-owned operations, including California Closets, Paul Davis Restoration, and CertaPro Painters operations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, Roofing Corp of America, First Onsite property Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was incorporated in 1988 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$267.43 to C$270.12
• 50-Day Range: C$240.14 to C$268.86
• 52-Week Range: C$193.77 to C$270.12
• Volume: 53,500 shs
• Average Volume: 75,149 shs
• Market Capitalization: C$12.10 billion
• P/E Ratio: 110.64
• Dividend Yield: 0.50%
• Price Target: C$189.00
• Consensus Rating: Moderate Buy

FirstService Stock Analysis - MarketRank™

FirstService scored higher than 26% 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: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

FirstService has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

FirstService has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of FirstService is 110.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of FirstService is 110.64, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 228.21.

Price to Earnings Growth Ratio

FirstService has a PEG Ratio of 107.75. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

FirstService has a P/B Ratio of 11.19. P/B Ratios above 3 indicate that a company could be overvalued 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 FSV.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

FirstService has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

FirstService does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of FirstService is 55.56%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for FSV.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.01

News Sentiment

FirstService has a news sentiment score of 0.01. 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 lower news sentiment than the 0.61 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for FirstService this week, compared to 2 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, FirstService insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,542,791.00 in company stock.

Percentage Held by Insiders

10.26% of the stock of FirstService is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

77.85% of the stock of FirstService is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FSV Stock Analysis - Frequently Asked Questions

How have FSV shares performed this year?

FirstService's stock was trading at C$214.65 at the start of the year. Since then, FSV stock has increased by 25.3% and is now trading at C$268.86.
View the best growth stocks for 2024 here.

How do I buy shares of FirstService?

Shares of FSV 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 FirstService own?

Based on aggregate information from My MarketBeat watchlists, some other companies that FirstService investors own include TELUS (T), NVIDIA (NVDA), Enbridge (ENB), Granite Real Estate Investment Trust (GRT.UN), Bank of Montreal (BMO), Bank of Nova Scotia (BNS) and Magna International (MG).

Company Calendar

• Ex-Dividend for 10/7 Dividend: 9/27/2024
• Dividend Payable: 10/07/2024
• Today: 11/23/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: Real Estate Services
• Sub-Industry: Real Estate
• Current Symbol: TSE:FSV
• CUSIP: N/A
• CIK: N/A
• Web: www.firstservice.com
• Phone: +1-416-9609500
• Fax: N/A
• Employees: 25,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$189.00
• High Stock Price Target: C$194.00
• Low Stock Price Target: C$185.00
• Potential Upside/Downside: -29.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$2.43
• Trailing P/E Ratio: 110.64
• Forward P/E Ratio: 35.77
• P/E Growth: 107.75
• Net Income: C$80.28 million
• Net Margins: 1.73%
• Pretax Margin: N/A
• Return on Equity: 9.46%
• Return on Assets: 4.67%

Debt

• Debt-to-Equity Ratio: 105.28
• Current Ratio: 1.74
• Quick Ratio: 1.25

Sales & Book Value

• Annual Sales: C$4.65 billion
• Price / Sales: 2.60
• Cash Flow: C$5.78 per share
• Price / Cash Flow: 46.48
• Book Value: C$24.03 per share
• Price / Book: 11.19

Miscellaneous

• Outstanding Shares: 45,020,000
• Free Float: N/A
• Market Cap: C$12.10 billion
• Optionable: Not Optionable
• Beta: 0.96