Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of FirstService Corporation (NASDAQ:FSV)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of FirstService Corporation (NASDAQ:FSV). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in FirstService stock on February 13th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
  • Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
  • Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
  • Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
  • Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
  • Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
  • Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
  • Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
  • Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
  • Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

FirstService Stock Down 2.3%

FirstService stock traded down $3.31 on Thursday, hitting $141.96. 223,220 shares of the stock traded hands, compared to its average volume of 233,745. FirstService Corporation has a 1 year low of $139.60 and a 1 year high of $209.66. The firm has a market cap of $6.49 billion, a P/E ratio of 44.92, a price-to-earnings-growth ratio of 4.01 and a beta of 1.05. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.79. The business’s fifty day simple moving average is $156.40 and its 200 day simple moving average is $167.39.

FirstService (NASDAQ:FSVGet Free Report) (TSE:FSV) last released its earnings results on Wednesday, February 4th. The financial services provider reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.05. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. FirstService had a net margin of 2.64% and a return on equity of 18.69%. The company’s revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.34 EPS. As a group, sell-side analysts forecast that FirstService Corporation will post 5.27 earnings per share for the current year.

FirstService Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.305 per share. This is an increase from FirstService’s previous quarterly dividend of $0.28. This represents a $1.22 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, March 31st. FirstService’s payout ratio is 34.81%.

Institutional Investors Weigh In On FirstService

Institutional investors have recently modified their holdings of the business. JPL Wealth Management LLC bought a new stake in FirstService in the 3rd quarter worth about $26,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of FirstService by 88.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 173 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 81 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of FirstService by 63.7% in the second quarter. Geneos Wealth Management Inc. now owns 203 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 79 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of FirstService in the fourth quarter worth approximately $34,000. Finally, Strs Ohio purchased a new position in shares of FirstService during the first quarter valued at approximately $38,000. 69.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on FSV. Wall Street Zen raised shares of FirstService from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. TD Securities reissued a “buy” rating and issued a $217.00 price target on shares of FirstService in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of FirstService in a research report on Monday, December 22nd. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $202.00 price objective on shares of FirstService in a research note on Thursday, February 5th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $211.67.

Get Our Latest Research Report on FSV

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

FirstService Company Profile

(Get Free Report)

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.

Recommended Stories

Receive News & Ratings for FirstService Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FirstService and related companies with MarketBeat.com's FREE daily email newsletter.