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

First National Financial Co. (TSE:FN) has been assigned a consensus rating of “Hold” from the five research firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$40.67.

FN has been the topic of a number of analyst reports. National Bankshares lifted their price objective 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. TD Securities increased their price objective on shares of First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a research note on Wednesday. CIBC boosted their target price on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Scotiabank lifted their price target on First National Financial from C$41.00 to C$44.00 in a report on Wednesday, July 24th.

First National Financial Stock Up 1.7 %

Shares of FN traded up C$0.71 on Wednesday, reaching C$41.76. The company’s stock had a trading volume of 88,373 shares, compared to its average volume of 30,427. First National Financial has a twelve month low of C$34.54 and a twelve month high of C$42.74. The stock has a market capitalization of C$2.50 billion, a PE ratio of 10.99, a PEG ratio of 0.70 and a beta of 1.04. The company has a current ratio of 8.92, a quick ratio of 10.11 and a debt-to-equity ratio of 6,280.61. The firm has a fifty day moving average of C$38.67 and a 200-day moving average of C$37.37.

First National Financial (TSE:FN) last announced its earnings results on Tuesday, July 30th. The company reported C$0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.93 by C($0.04). The company had revenue of C$205.45 million for the quarter, compared to analysts’ expectations of C$227.10 million. First National Financial had a net margin of 32.60% and a return on equity of 30.22%. Equities analysts predict that First National Financial will post 4.0243655 EPS for the current year.

First National Financial Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.204 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $2.45 dividend on an annualized basis and a dividend yield of 5.86%. First National Financial’s dividend payout ratio is presently 64.47%.

Insider Buying and Selling

In other First National Financial news, insider FNSC Holdings Inc. purchased 16,565 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The shares were bought at an average cost of C$39.24 per share, for a total transaction of C$650,010.60. 71.45% of the stock is currently owned by 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.