FirstService Co. (TSE:FSV) Director Sells C$24,391.00 in Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Director Joan Eloise Sproul sold 100 shares of the stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of C$243.91, for a total transaction of C$24,391.00.

FirstService Stock Up 0.6 %

Shares of FirstService stock opened at C$245.91 on Friday. The company has a quick ratio of 1.25, a current ratio of 1.74 and a debt-to-equity ratio of 105.28. The business has a 50-day moving average price of C$235.89 and a 200 day moving average price of C$219.75. FirstService Co. has a fifty-two week low of C$187.25 and a fifty-two week high of C$250.66. The firm has a market cap of C$11.07 billion, a P/E ratio of 101.62, a P/E/G ratio of 107.75 and a beta of 0.97.

FirstService (TSE:FSV) (NASDAQ:FSV) last issued its quarterly earnings results on Thursday, July 25th. The company reported C$1.71 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.58 by C$0.13. FirstService had a return on equity of 9.46% and a net margin of 1.73%. The business had revenue of C$1.78 billion during the quarter, compared to the consensus estimate of C$1.76 billion. On average, sell-side analysts forecast that FirstService Co. will post 7.5382739 earnings per share for the current fiscal year.

FirstService Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 7th. Stockholders of record on Monday, September 30th will be given a $0.337 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $1.35 dividend on an annualized basis and a dividend yield of 0.55%. FirstService’s payout ratio is currently 56.20%.

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.