First National Financial (FN) Stock Price, News & Analysis

Company Overview

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. It provides its services through mortgage broker distribution channel, as well as online. The company was founded in 1988 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$43.47 to C$44.10
• 50-Day Range: C$37.53 to C$44.04
• 52-Week Range: C$35.15 to C$44.10
• Volume: 60,980 shs
• Average Volume: 30,750 shs
• Market Capitalization: C$2.64 billion
• P/E Ratio: 11.59
• Dividend Yield: 5.56%
• Price Target: C$42.67
• Consensus Rating: Hold

First National Financial Stock Analysis - MarketRank™

First National Financial scored higher than 60% 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

First National Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

First National Financial has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of First National Financial is 11.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of First National Financial is 11.59, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 434.81.

Price to Earnings Growth Ratio

First National Financial has a PEG Ratio of 0.70. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

First National Financial has a P/B Ratio of 3.88. 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 FN.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

First National Financial is a leading dividend payer. It pays a dividend yield of 6.18%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

First National Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of First National Financial is 64.47%. 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 FN.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.18

News Sentiment

First National Financial has a news sentiment score of 1.18. 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 higher news sentiment than the 0.61 average news sentiment score of Financial Services companies.

News Coverage This Week

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

Search Interest

16 people have searched for FN on MarketBeat in the last 30 days. This is an increase of 433% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added First National Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, First National Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$6,146,094.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

71.45% of the stock of First National Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.02% of the stock of First National Financial is held by institutions.

FN Stock Analysis - Frequently Asked Questions

How have FN shares performed this year?

First National Financial's stock was trading at C$38.38 at the start of the year. Since then, FN stock has increased by 14.7% and is now trading at C$44.04.
View the best growth stocks for 2024 here.

How do I buy shares of First National Financial?

Shares of FN 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 First National Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First National Financial investors own include TELUS (T), Toronto-Dominion Bank (TD), BCE (BCE), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian Imperial Bank of Commerce (CM) and Royal Bank of Canada (RY).

Company Calendar

• Ex-Dividend for 11/15 Dividend: 10/31/2024
• Dividend Payable: 11/15/2024
• Today: 11/21/2024
• Ex-Dividend for 12/13 Dividend: 11/29/2024
• Dividend Payable: 12/13/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Mortgage Finance
• Sub-Industry: N/A
• Current Symbol: TSE:FN
• CUSIP: N/A
• CIK: N/A
• Web: www.firstnational.ca
• Phone: +1-416-5931100
• Fax: N/A
• Employees: 1,772
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$42.67
• High Stock Price Target: C$46.00
• Low Stock Price Target: C$39.00
• Potential Upside/Downside: -3.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.80
• Trailing P/E Ratio: 11.59
• Forward P/E Ratio: 10.94
• P/E Growth: 0.7
• Net Income: C$227.90 million
• Net Margins: 32.60%
• Pretax Margin: N/A
• Return on Equity: 30.22%
• Return on Assets: 0.48%

Debt

• Debt-to-Equity Ratio: 6,280.61
• Current Ratio: 8.92
• Quick Ratio: 10.11

Sales & Book Value

• Annual Sales: C$711.26 million
• Price / Sales: 3.71
• Cash Flow: C$42.46 per share
• Price / Cash Flow: 1.04
• Book Value: C$11.36 per share
• Price / Book: 3.88

Miscellaneous

• Outstanding Shares: 59,970,000
• Free Float: N/A
• Market Cap: C$2.64 billion
• Optionable: Not Optionable
• Beta: 1.04