FirstService (NASDAQ:FSV – Get Free Report) (TSE:FSV) posted its quarterly earnings data on Thursday. The financial services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.10, Briefing.com reports. FirstService had a net margin of 1.73% and a return on equity of 15.80%. The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the business posted $1.37 earnings per share. FirstService’s revenue was up 15.9% compared to the same quarter last year.
FirstService Trading Up 0.7 %
Shares of FirstService stock traded up $1.26 on Friday, hitting $175.63. The stock had a trading volume of 119,650 shares, compared to its average volume of 97,894. The stock has a 50 day moving average of $153.93 and a 200 day moving average of $158.32. FirstService has a twelve month low of $134.77 and a twelve month high of $177.46. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.00 and a current ratio of 2.00. The firm has a market capitalization of $7.90 billion, a P/E ratio of 86.95 and a beta of 1.05.
FirstService Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 5th. Stockholders of record on Friday, June 28th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.57%. The ex-dividend date was Friday, June 28th. FirstService’s dividend payout ratio is currently 49.51%.
Analyst Ratings Changes
Get Our Latest Stock Report on FirstService
About FirstService
FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.
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