FirstService (NASDAQ:FSV) Price Target Raised to $175.00

Posted by Francis Steltz on Oct 26th, 2026

FirstService (NASDAQ:FSV – Free Report) (TSE:FSV) had its target price raised by Scotia from $170.00 to $175.00 in a research note released on Friday,BayStreet reports. They currently have a sector perform rating on the financial services provider’s stock.

FSV has been the subject of several other reports. Raymond James Financial restated an “outperform” rating and issued a $190.00 target price on shares of FirstService in a research note on Friday. BMO Capital Markets reiterated an “outperform” rating and issued a $179.00 price target on shares of FirstService in a report on Friday. Canadian Imperial Bank of Commerce boosted their price objective on FirstService from $170.00 to $178.00 and gave the company an “outperform” rating in a report on Friday. Wall Street Zen cut FirstService from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Scotiabank restated an “outperform” rating on shares of FirstService in a research report on Friday. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $179.82.

Get Our Latest Stock Analysis on FirstService

FirstService Price Performance

Shares of FirstService stock opened at $143.67 on Friday. The firm’s 50-day moving average is $135.75 and its two-hundred day moving average is $138.76. FirstService has a 1 year low of $119.41 and a 1 year high of $171.88. The stock has a market cap of $6.27 billion, a price-to-earnings ratio of 43.80, a PEG ratio of 3.18 and a beta of 0.95. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.52 and a quick ratio of 1.63.

FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) last released its quarterly earnings data on Thursday, October 22nd. The financial services provider reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.05. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. FirstService had a net margin of 2.59% and a return on equity of 19.66%. The company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the firm earned $1.76 earnings per share. As a group, research 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 Wednesday, October 7th. Shareholders of record on Wednesday, September 30th were paid a $0.3050 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, September 30th. FirstService’s dividend payout ratio (DPR) is 37.20%.

Institutional Trading of FirstService

Several institutional investors have recently made changes to their positions in FSV. Crossmark Global Holdings Inc. raised its position in 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 during the period. Louisbourg Investments Inc. increased its position in shares of FirstService by 5.7% during the 3rd quarter. Louisbourg Investments Inc. now owns 33,297 shares of the financial services provider’s stock worth $4,276,000 after purchasing an additional 1,807 shares during the last quarter. TD Waterhouse Canada Inc. increased its position in shares of FirstService by 10.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 73,348 shares of the financial services provider’s stock worth $9,311,000 after purchasing an additional 6,911 shares during the last quarter. ZWJ Investment Counsel Inc. raised its holdings in FirstService by 1,487.8% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 44,475 shares of the financial services provider’s stock valued at $5,687,000 after buying an additional 41,674 shares during the period. Finally, Copeland Capital Management LLC raised its holdings in FirstService by 11.9% in the 3rd quarter. Copeland Capital Management LLC now owns 389,749 shares of the financial services provider’s stock valued at $49,841,000 after buying an additional 41,333 shares during the period. Hedge funds and other institutional investors own 69.35% of the company’s stock.

FirstService News Roundup

Here are the key news stories impacting FirstService this week:

Positive Sentiment: TD raised its price target from $195 to $203 and upgraded FirstService to “buy,” implying substantial upside from recent levels. TD analyst rating
Positive Sentiment: Stifel Nicolaus increased its target from $185 to $195 and maintained a “buy” rating. Stifel Nicolaus analyst rating
Positive Sentiment: Scotiabank raised its target from $170 to $175 while moving to a “sector outperform” rating, adding to the constructive analyst outlook. Scotiabank analyst rating
Positive Sentiment: Third-quarter revenue rose 5.8% year over year to $1.53 billion, while adjusted EPS increased to $1.89 from $1.76 and adjusted EBITDA grew to $169.7 million. Revenue and adjusted EPS exceeded the primary analyst consensus. FirstService third-quarter results
Neutral Sentiment: Scotia’s $175 target still carries a “sector perform” rating in one report, indicating that valuation and near-term industry conditions may limit upside despite higher estimates. Scotia analyst rating
Neutral Sentiment: Recent commentary described FirstService as potentially fully priced after a prolonged five-year decline, suggesting investors may require stronger earnings momentum before bidding the stock higher. FirstService valuation commentary
Negative Sentiment: GAAP operating earnings fell 7.1% to $107.4 million, while GAAP diluted EPS declined to $0.99 from $1.24 and net income attributable to common shareholders dropped 24.9%. The results point to a margin squeeze despite solid top-line growth.
Negative Sentiment: Management’s earnings call highlighted a drag from the roofing business, which may keep profitability under pressure. Cash generation also weakened, and total liabilities increased to approximately $3.0 billion. FirstService earnings call highlights

FirstService Company Profile

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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.