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 company’s 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 Trading Up 0.6 %

FSV opened at C$245.91 on Monday. The company has a debt-to-equity ratio of 105.28, a current ratio of 1.74 and a quick ratio of 1.25. 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 capitalization of C$11.07 billion, a PE ratio of 101.62, a P/E/G ratio of 107.75 and a beta of 0.97. The company’s 50-day moving average is C$235.89 and its 200 day moving average is C$219.71.

FirstService (TSE:FSV) (NASDAQ:FSV) last posted its earnings results on Thursday, July 25th. The company reported C$1.71 earnings per share for the quarter, topping analysts’ consensus estimates of C$1.58 by C$0.13. FirstService had a net margin of 1.73% and a return on equity of 9.46%. The company had revenue of C$1.78 billion for the quarter, compared to analyst estimates of C$1.76 billion. As a group, research analysts predict that FirstService Co. will post 7.5382739 earnings per share for the current fiscal year.

FirstService Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 7th. Investors of record on Monday, September 30th will be issued 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 dividend payout ratio is presently 56.20%.

FirstService Company Profile

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.