FirstService (FSV) Scheduled to Post Earnings on Thursday

FirstService (TSE:FSV - Get Free Report) NASDAQ: FSV will announce its earnings results before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of C$1.85 per share for the quarter.

FirstService (TSE:FSV - Get Free Report) NASDAQ: FSV last issued its quarterly earnings results on Thursday, July 25th. The company reported C$1.71 EPS for the quarter, beating analysts' consensus estimates of C$1.58 by C$0.13. FirstService had a return on equity of 9.46% and a net margin of 1.73%. The company had revenue of C$1.78 billion during the quarter, compared to the consensus estimate of C$1.76 billion.

FirstService Stock Performance

FSV stock traded up C$1.57 during midday trading on Thursday, hitting C$259.60. The company's stock had a trading volume of 47,642 shares, compared to its average volume of 74,246. The stock has a market cap of C$11.69 billion, a price-to-earnings ratio of 106.19, a PEG ratio of 107.75 and a beta of 0.96. The company has a quick ratio of 1.25, a current ratio of 1.74 and a debt-to-equity ratio of 105.28. The stock's 50-day moving average price is C$241.96 and its 200 day moving average price is C$222.13. FirstService has a 1 year low of C$187.25 and a 1 year high of C$261.66.

FirstService Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Monday, September 30th were issued a $0.337 dividend. This represents a $1.35 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend was Friday, September 27th. FirstService's dividend payout ratio (DPR) is currently 55.56%.

Insiders Place Their Bets

In other news, Director Erin Joy Wallace sold 11,500 shares of the firm's stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of C$174.35, for a total transaction of C$2,004,993.95. Insiders own 10.26% of the company's stock.

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.