FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) had its target price lifted by equities research analysts at TD from $195.00 to $203.00 in a report released on Friday, BayStreet reports. The firm presently has a “buy” rating on the financial services provider’s stock. TD‘s target price would indicate a potential upside of 41.62% from the stock’s current price.
FSV has been the subject of several other research reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $179.00 price objective on shares of FirstService in a research note on Friday. Raymond James Financial reissued an “outperform” rating and set a $190.00 target price on shares of FirstService in a report on Friday. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $178.00 target price on shares of FirstService in a report on Friday. Scotiabank restated an “outperform” rating on shares of FirstService in a research report on Friday. Finally, Weiss Ratings upgraded shares of FirstService from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $179.82.
Check Out Our Latest Stock Analysis on FSV
FirstService Price Performance
FSV stock traded down $3.88 during midday trading on Friday, reaching $143.34. 122,853 shares of the stock were exchanged, compared to its average volume of 209,867. The stock has a market capitalization of $6.26 billion, a PE ratio of 40.69, a P/E/G ratio of 3.02 and a beta of 0.95. FirstService has a 52 week low of $119.41 and a 52 week high of $171.88. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.63 and a quick ratio of 1.63. The company has a fifty day moving average price of $135.69 and a 200 day moving average price of $138.74.
FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) last posted its earnings results on Thursday, October 22nd. The financial services provider reported $1.89 EPS for the quarter, beating the consensus estimate of $1.84 by $0.05. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. FirstService had a return on equity of 18.07% and a net margin of 2.88%. The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the company earned $1.76 earnings per share. As a group, analysts expect that FirstService will post 5.61 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Hilltop National Bank raised its holdings in FirstService by 4.1% during the second quarter. Hilltop National Bank now owns 2,055 shares of the financial services provider’s stock worth $292,000 after buying an additional 81 shares during the last quarter. Fifth Third Bancorp raised its stake in shares of FirstService by 23.7% in the first quarter. Fifth Third Bancorp now owns 627 shares of the financial services provider’s stock worth $87,000 after purchasing an additional 120 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of FirstService by 73.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 302 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 128 shares in the last quarter. USS Investment Management Ltd lifted its holdings in shares of FirstService by 1.2% in the first quarter. USS Investment Management Ltd now owns 14,890 shares of the financial services provider’s stock valued at $2,047,000 after purchasing an additional 171 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in shares of FirstService by 27.1% in the third quarter. Crossmark Global Holdings Inc. now owns 2,286 shares of the financial services provider’s stock valued at $292,000 after purchasing an additional 488 shares in the last quarter. 69.35% of the stock is owned by institutional investors and hedge funds.
Key FirstService News
Here are the key news stories impacting FirstService this week:
- Positive Sentiment: Scotiabank raised its price target to $175 from $170 and maintained a “sector outperform” rating, implying substantial upside from recent trading levels. Scotiabank FirstService rating
- Positive Sentiment: Third-quarter revenue increased 5.8% year over year to $1.53 billion, while adjusted EBITDA rose to $169.7 million from $164.8 million. Adjusted EPS of $1.89 exceeded the $1.84 consensus estimate and increased from $1.76 a year earlier. FirstService third-quarter 2026 results
- Neutral Sentiment: Management described balanced top-line growth across FirstService’s property management and property services divisions, but the earnings call highlighted a drag from roofing-related operations. A Jacksonville office relocation is intended to improve collaboration but is unlikely to materially affect near-term financial results. FirstService Q3 earnings call highlights
- Negative Sentiment: GAAP operating earnings fell 7.1% to $107.4 million, while GAAP diluted EPS declined to $0.99 from $1.24. Net income and operating cash flow also weakened, reinforcing concerns about margin compression even though adjusted earnings improved. FirstService Q3 results and margin pressure
- Negative Sentiment: Some commentary suggests FirstService’s valuation already reflects much of its expected growth, with the stock trading at a relatively elevated earnings multiple. That may limit gains unless profitability improves. FirstService valuation analysis
About FirstService
FirstService Corporation is a Canadian provider of property management and property services serving customers primarily in the United States and Canada. The company operates through two main businesses: FirstService Residential and FirstService Brands.
FirstService Residential provides property management services for condominium and homeowners’ associations, cooperatives, and other residential communities. Its services include community administration, financial management, maintenance coordination, customer support, and related operational services.
FirstService Brands operates and supports a network of property-service businesses, including companies involved in property restoration, painting, flooring, window treatments, and other residential and commercial services.
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