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

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

Several equities research analysts have issued reports on FN shares. CIBC raised their price objective on shares of 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. TD Securities boosted their price target on First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, National Bankshares lifted their target price on 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.

First National Financial Price Performance

Shares of FN opened at C$40.30 on Monday. The firm has a market capitalization of C$2.42 billion, a PE ratio of 10.61, a PEG ratio of 0.70 and a beta of 1.04. The company has a debt-to-equity ratio of 6,280.61, a current ratio of 8.92 and a quick ratio of 10.11. The company’s 50-day moving average is C$41.64 and its 200-day moving average is C$39.37. First National Financial has a fifty-two week low of C$35.15 and a fifty-two week high of C$45.10.

First National Financial Announces Dividend

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

Insider Buying and Selling

In other First National Financial news, insider FNSC Holdings Inc. bought 105,214 shares of First National Financial stock in a transaction on Thursday, November 14th. The shares were purchased at an average price of C$42.73 per share, with a total value of C$4,495,794.22. Insiders bought 112,368 shares of company stock valued at $4,775,913 over the last quarter. 71.45% of the stock is owned by company insiders.

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.