Q2 EPS Estimates for FirstService Reduced by William Blair

FirstService Co. (NASDAQ:FSV - Free Report) TSE: FSV - Stock analysts at William Blair decreased their Q2 2025 earnings estimates for FirstService in a report released on Wednesday, February 5th. William Blair analyst S. Sheldon now forecasts that the financial services provider will earn $1.44 per share for the quarter, down from their prior estimate of $1.45. The consensus estimate for FirstService's current full-year earnings is $5.28 per share. William Blair also issued estimates for FirstService's FY2025 earnings at $5.29 EPS.

Several other research firms also recently weighed in on FSV. Raymond James lifted their price target on FirstService from $215.00 to $225.00 and gave the stock an "outperform" rating in a research note on Thursday, January 30th. Stifel Nicolaus raised their price objective on FirstService from $200.00 to $215.00 and gave the company a "buy" rating in a report on Monday, October 21st. TD Securities upped their target price on shares of FirstService from $179.00 to $182.00 and gave the stock a "hold" rating in a report on Thursday, October 17th. Finally, StockNews.com raised shares of FirstService from a "hold" rating to a "buy" rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $201.67.

FirstService Price Performance

Shares of FSV traded up $3.45 during mid-day trading on Monday, hitting $175.73. 95,444 shares of the company were exchanged, compared to its average volume of 130,498. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.79 and a current ratio of 1.75. FirstService has a 1-year low of $141.26 and a 1-year high of $197.84. The stock has a market cap of $7.96 billion, a price-to-earnings ratio of 59.17 and a beta of 1.06. The company has a 50 day moving average of $181.84 and a 200-day moving average of $181.96.

FirstService Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Investors of record on Monday, March 31st will be issued a $0.275 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from FirstService's previous quarterly dividend of $0.25. This represents a $1.10 dividend on an annualized basis and a yield of 0.63%. FirstService's dividend payout ratio is currently 33.67%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Sanctuary Advisors LLC purchased a new stake in FirstService in the second quarter valued at approximately $216,000. Creative Planning raised its holdings in shares of FirstService by 105.1% in the 3rd quarter. Creative Planning now owns 9,273 shares of the financial services provider's stock valued at $1,692,000 after buying an additional 4,752 shares during the period. Baskin Financial Services Inc. lifted its stake in FirstService by 0.3% during the 3rd quarter. Baskin Financial Services Inc. now owns 250,491 shares of the financial services provider's stock worth $45,737,000 after acquiring an additional 636 shares in the last quarter. Raymond James & Associates lifted its stake in FirstService by 4.9% during the 3rd quarter. Raymond James & Associates now owns 148,864 shares of the financial services provider's stock worth $27,162,000 after acquiring an additional 6,995 shares in the last quarter. Finally, Berry Wealth Group LP boosted its holdings in FirstService by 17.0% during the 3rd quarter. Berry Wealth Group LP now owns 1,695 shares of the financial services provider's stock valued at $309,000 after acquiring an additional 246 shares during the period. Hedge funds and other institutional investors own 69.35% 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.