First National Financial Co. (TSE:FN) Receives Average Recommendation of “Hold” from Analysts

First National Financial Co. (TSE:FN) has received an average recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$40.67.

Separately, Scotiabank raised their price objective on First National Financial from C$41.00 to C$44.00 in a research note on Wednesday, July 24th.

Insider Transactions at First National Financial

In other First National Financial news, insider FNSC Holdings Inc. purchased 16,565 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was bought at an average cost of C$39.24 per share, with a total value of C$650,010.60. Insiders own 71.45% of the company’s stock.

First National Financial Price Performance

First National Financial stock opened at C$39.35 on Tuesday. The stock’s 50 day moving average is C$37.57 and its 200-day moving average is C$36.97. The company has a market capitalization of C$2.36 billion, a price-to-earnings ratio of 10.36, a PEG ratio of 0.70 and a beta of 1.04. First National Financial has a 12 month low of C$32.86 and a 12 month high of C$41.41. The company has a current ratio of 8.92, a quick ratio of 10.11 and a debt-to-equity ratio of 6,280.61.

First National Financial (TSE:FN) last issued its quarterly earnings data on Tuesday, July 30th. The company reported C$0.89 earnings per share for the quarter, missing the consensus estimate of C$0.93 by C($0.04). First National Financial had a return on equity of 30.22% and a net margin of 32.60%. The business had revenue of C$205.45 million during the quarter, compared to analyst estimates of C$227.10 million.

First National Financial Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th will be issued a dividend of $0.204 per share. This represents a $2.45 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date of this dividend is Friday, September 27th. First National Financial’s payout ratio is 64.47%.

First National Financial Company Profile

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.