First National Financial Co. (TSE:FN) Given Average Recommendation of “Hold” by Brokerages

First National Financial Co. (TSE:FN) has earned an average rating of “Hold” from the six analysts that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$42.67.

Several equities analysts have recently weighed in on the stock. TD Securities raised their price target on shares of First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. National Bankshares increased their target price on shares of First National Financial from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. Finally, CIBC raised their target price on shares of First National Financial from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th.

First National Financial Stock Down 1.4 %

Shares of FN stock opened at C$40.46 on Thursday. First National Financial has a 12-month low of C$35.15 and a 12-month high of C$45.10. The company has a quick ratio of 10.11, a current ratio of 8.92 and a debt-to-equity ratio of 6,280.61. The firm has a fifty day moving average of C$41.88 and a 200-day moving average of C$38.72. The company has a market capitalization of C$2.43 billion, a price-to-earnings ratio of 10.65, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial Announces Dividend

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

Insider Transactions at First National Financial

In other First National Financial news, insider FNSC Holdings Inc. purchased 25,774 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The shares were acquired at an average cost of C$38.81 per share, for a total transaction of C$1,000,288.94. Corporate 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.