FirstService (NASDAQ:FSV) Cut to Hold at Wall Street Zen

Posted by Francis Steltz on Aug 4th, 2026

Wall Street Zen cut shares of FirstService (NASDAQ:FSV – Free Report) (TSE:FSV) from a buy rating to a hold rating in a report issued on Saturday.

Several other equities analysts have also recently weighed in on the company. TD Securities reaffirmed a “buy” rating and set a $195.00 target price on shares of FirstService in a research note on Friday, July 24th. BMO Capital Markets reduced their price target on shares of FirstService from $199.00 to $192.00 and set an “outperform” rating for the company in a research report on Friday, July 24th. TD raised their price target on shares of FirstService from $204.00 to $207.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Loop Capital began coverage on shares of FirstService in a research report on Monday, May 4th. They set a “hold” rating and a $140.00 price objective on the stock. Finally, Weiss Ratings lowered shares of FirstService from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $184.20.

View Our Latest Analysis on FirstService

FirstService Price Performance

Shares of NASDAQ:FSV opened at $143.70 on Friday. The company’s fifty day moving average is $140.84 and its two-hundred day moving average is $144.72. The company has a market cap of $6.60 billion, a P/E ratio of 40.71, a price-to-earnings-growth ratio of 3.12 and a beta of 0.93. FirstService has a 12-month low of $119.41 and a 12-month high of $209.66. The company has a quick ratio of 1.66, a current ratio of 1.58 and a debt-to-equity ratio of 1.03.

FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) last issued its earnings results on Thursday, July 23rd. The financial services provider reported $1.75 EPS for the quarter, topping the consensus estimate of $1.71 by $0.04. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. FirstService had a return on equity of 18.07% and a net margin of 2.88%.FirstService’s revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.71 earnings per share. Equities analysts expect that FirstService will post 5.61 earnings per share for the current fiscal year.

FirstService Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, June 30th. FirstService’s dividend payout ratio is presently 34.56%.

Institutional Trading of FirstService

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company boosted its holdings in FirstService by 493.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 2,775,353 shares of the financial services provider’s stock valued at $432,173,000 after acquiring an additional 2,307,684 shares during the period. Wellington Management Group LLP increased its stake in shares of FirstService by 18,366.1% in the fourth quarter. Wellington Management Group LLP now owns 719,993 shares of the financial services provider’s stock worth $111,981,000 after purchasing an additional 716,094 shares during the period. Janus Henderson Group PLC increased its stake in shares of FirstService by 73.6% in the fourth quarter. Janus Henderson Group PLC now owns 1,367,564 shares of the financial services provider’s stock worth $212,698,000 after purchasing an additional 579,615 shares during the period. Norges Bank acquired a new position in shares of FirstService during the 4th quarter worth about $85,597,000. Finally, Orbis Allan Gray Ltd lifted its position in shares of FirstService by 36.5% during the 4th quarter. Orbis Allan Gray Ltd now owns 1,984,677 shares of the financial services provider’s stock worth $308,677,000 after purchasing an additional 530,489 shares during the last quarter. Institutional investors and hedge funds own 69.35% of the company’s stock.

About FirstService

(Get Free Report)

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.