First National Financial Co. (TSE:FN) to Issue Annual Dividend of $0.71

First National Financial Co. (TSE:FN) declared an annual dividend on Tuesday, October 29th,Zacks Dividends reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.708 per share on Friday, December 13th. This represents a dividend yield of 1.71%. The ex-dividend date is Friday, November 29th.

First National Financial Price Performance

Shares of TSE FN traded up C$0.24 during trading hours on Wednesday, hitting C$44.68. 15,743 shares of the stock were exchanged, compared to its average volume of 30,706. The company has a debt-to-equity ratio of 6,280.61, a quick ratio of 10.11 and a current ratio of 8.92. First National Financial has a 1-year low of C$35.15 and a 1-year high of C$45.10. The company has a market cap of C$2.68 billion, a PE ratio of 11.75, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. The company’s fifty day simple moving average is C$40.82 and its two-hundred day simple moving average is C$38.12.

Insiders Place Their Bets

In other news, insider FNSC Holdings Inc. bought 105,214 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The shares were purchased at an average cost of C$42.73 per share, with a total value of C$4,495,794.22. Insiders purchased a total of 147,553 shares of company stock worth $6,146,094 over the last 90 days. Company insiders own 71.45% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on FN shares. TD Securities lifted their target price on First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. CIBC boosted their price objective on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, National Bankshares boosted their price objective on First National Financial from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of C$42.67.

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.