Brokerages Set First National Financial Co. (TSE:FN) Target Price at C$42.67

First National Financial Co. (TSE:FN) has been given an average rating of “Hold” by the six research firms that are currently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$42.67.

FN has been the subject of a number of research analyst reports. TD Securities boosted their price target on First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. CIBC boosted their target price on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Finally, National Bankshares raised their price target on shares of First National Financial from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th.

First National Financial Stock Down 0.3 %

Shares of FN opened at C$40.23 on Thursday. The firm has a 50 day simple moving average of C$41.93 and a two-hundred day simple moving average of C$38.83. The company has a debt-to-equity ratio of 6,280.61, a current ratio of 8.92 and a quick ratio of 10.11. First National Financial has a one year low of C$35.15 and a one year high of C$45.10. The company has a market cap of C$2.41 billion, a P/E ratio of 10.59, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial Dividend Announcement

The company also recently declared an annual dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a dividend of $0.708 per share. This represents a dividend yield of 1.71%. The ex-dividend date was Friday, November 29th. First National Financial’s payout ratio is 64.47%.

Insider Transactions at First National Financial

In related news, insider FNSC Holdings Inc. acquired 105,214 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The stock was acquired at an average cost of C$42.73 per share, for a total transaction of C$4,495,794.22. Over the last three months, insiders have bought 131,730 shares of company stock worth $5,526,134. Insiders own 71.45% of the company’s stock.

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.