FY2027 EPS Estimates for FirstService Reduced by Scotiabank

Posted by George Bondi on Jul 8th, 2026

FirstService Corporation (NASDAQ:FSV – Free Report) (TSE:FSV) – Stock analysts at Scotiabank dropped their FY2027 earnings per share estimates for FirstService in a research report issued to clients and investors on Tuesday, July 7th. Scotiabank analyst H. Gupta now expects that the financial services provider will post earnings per share of $6.19 for the year, down from their prior forecast of $6.24. Scotiabank has a “Outperform” rating and a $175.00 price target on the stock. The consensus estimate for FirstService’s current full-year earnings is $5.54 per share.

FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) last released its earnings results on Thursday, April 23rd. The financial services provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. FirstService had a return on equity of 17.91% and a net margin of 2.92%.The company’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 earnings per share.

FSV has been the subject of several other research reports. Weiss Ratings lowered shares of FirstService from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. TD Cowen reissued a “buy” rating and issued a $204.00 target price on shares of FirstService in a research note on Wednesday, June 3rd. Stifel Nicolaus lowered their price target on FirstService from $215.00 to $200.00 and set a “buy” rating for the company in a report on Monday, April 27th. Wall Street Zen raised FirstService from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, TD Securities set a $204.00 price objective on FirstService in a research report on Friday, April 24th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $195.56.

Check Out Our Latest Analysis on FirstService

FirstService Stock Up 0.2%

Shares of NASDAQ:FSV opened at $144.92 on Wednesday. The company has a 50 day moving average price of $136.93 and a two-hundred day moving average price of $146.44. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market capitalization of $6.66 billion, a PE ratio of 40.94, a PEG ratio of 4.39 and a beta of 0.94. FirstService has a 52 week low of $119.41 and a 52 week high of $209.66.

Institutional Investors Weigh In On FirstService

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Hilltop National Bank boosted its position in FirstService by 4.1% during the 2nd quarter. Hilltop National Bank now owns 2,055 shares of the financial services provider’s stock worth $292,000 after acquiring an additional 81 shares during the last quarter. Glenmede Trust Co. NA raised its holdings in shares of FirstService by 32.8% in the first quarter. Glenmede Trust Co. NA now owns 5,585 shares of the financial services provider’s stock valued at $776,000 after purchasing an additional 1,378 shares during the last quarter. Summitry LLC lifted its position in shares of FirstService by 44.9% in the first quarter. Summitry LLC now owns 2,670 shares of the financial services provider’s stock worth $371,000 after purchasing an additional 827 shares in the last quarter. Argent Capital Management LLC boosted its holdings in FirstService by 52.0% during the first quarter. Argent Capital Management LLC now owns 50,787 shares of the financial services provider’s stock worth $7,056,000 after purchasing an additional 17,377 shares during the last quarter. Finally, Turtle Creek Asset Management Inc. acquired a new position in FirstService during the first quarter worth $1,723,000. Institutional investors and hedge funds own 69.35% of the company’s stock.

FirstService Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 30th. FirstService’s dividend payout ratio is currently 34.46%.

About FirstService

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FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.