FirstService (NASDAQ:FSV) Price Target Raised to $175.00

FirstService (NASDAQ:FSV) (TSE:FSV) had its price target raised by investment analysts at Scotia from $170.00 to $175.00 in a research note issued on Friday, BayStreet reports. The brokerage currently has a “sector perform” rating on the financial services provider’s stock. Scotia‘s target price would indicate a potential upside of 22.09% from the company’s current price.

Several other research analysts have also recently commented on FSV. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $144.00 price target on shares of FirstService in a research note on Friday, July 24th. Canadian Imperial Bank of Commerce restated an “outperform” rating and set a $178.00 price objective on shares of FirstService in a research note on Friday. Wall Street Zen downgraded FirstService from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Raymond James Financial reaffirmed an “outperform” rating and issued a $190.00 target price on shares of FirstService in a research report on Friday. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $179.00 target price on shares of FirstService in a research report on Friday. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, FirstService presently has an average rating of “Moderate Buy” and a consensus target price of $179.82.

FirstService Stock Down 2.6%

FirstService stock traded down $3.88 during midday trading on Friday, hitting $143.34. 122,853 shares of the stock were exchanged, compared to its average volume of 209,867. FirstService has a 1 year low of $119.41 and a 1 year high of $171.88. The firm has a market cap of $6.26 billion, a P/E ratio of 40.69, a P/E/G ratio of 3.02 and a beta of 0.95. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.63 and a quick ratio of 1.63. The company has a 50 day moving average price of $135.69 and a two-hundred day moving average price of $138.74.

FirstService (NASDAQ:FSV) (TSE:FSV) last posted its quarterly earnings data on Thursday, October 22nd. The financial services provider reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.84 by $0.05. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.48 billion. FirstService had a net margin of 2.88% and a return on equity of 18.07%. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.76 EPS. On average, sell-side analysts predict that FirstService will post 5.61 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FirstService

A number of hedge funds have recently bought and sold shares of FSV. Crossmark Global Holdings Inc. grew its stake in FirstService by 27.1% in the third quarter. Crossmark Global Holdings Inc. now owns 2,286 shares of the financial services provider’s stock worth $292,000 after purchasing an additional 488 shares in the last quarter. Louisbourg Investments Inc. raised its stake in FirstService by 5.7% during the third quarter. Louisbourg Investments Inc. now owns 33,297 shares of the financial services provider’s stock valued at $4,276,000 after buying an additional 1,807 shares in the last quarter. TD Waterhouse Canada Inc. lifted its holdings in FirstService by 10.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 73,348 shares of the financial services provider’s stock worth $9,311,000 after buying an additional 6,911 shares during the last quarter. ZWJ Investment Counsel Inc. lifted its holdings in FirstService by 1,487.8% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 44,475 shares of the financial services provider’s stock worth $5,687,000 after buying an additional 41,674 shares during the last quarter. Finally, Copeland Capital Management LLC grew its position in shares of FirstService by 11.9% in the 3rd quarter. Copeland Capital Management LLC now owns 389,749 shares of the financial services provider’s stock worth $49,841,000 after acquiring an additional 41,333 shares in the last quarter. 69.35% of the stock is currently owned by institutional investors and hedge funds.

More FirstService News

Here are the key news stories impacting FirstService this week:

• Positive Sentiment: Scotiabank raised its price target to $175 from $170 and maintained a “sector outperform” rating, implying substantial upside from recent trading levels. Scotiabank FirstService rating
• Positive Sentiment: Third-quarter revenue increased 5.8% year over year to $1.53 billion, while adjusted EBITDA rose to $169.7 million from $164.8 million. Adjusted EPS of $1.89 exceeded the $1.84 consensus estimate and increased from $1.76 a year earlier. FirstService third-quarter 2026 results
• Neutral Sentiment: Management described balanced top-line growth across FirstService’s property management and property services divisions, but the earnings call highlighted a drag from roofing-related operations. A Jacksonville office relocation is intended to improve collaboration but is unlikely to materially affect near-term financial results. FirstService Q3 earnings call highlights
• Negative Sentiment: GAAP operating earnings fell 7.1% to $107.4 million, while GAAP diluted EPS declined to $0.99 from $1.24. Net income and operating cash flow also weakened, reinforcing concerns about margin compression even though adjusted earnings improved. FirstService Q3 results and margin pressure
• Negative Sentiment: Some commentary suggests FirstService’s valuation already reflects much of its expected growth, with the stock trading at a relatively elevated earnings multiple. That may limit gains unless profitability improves. FirstService valuation analysis

About FirstService

FirstService Corporation is a Canadian provider of property management and property services serving customers primarily in the United States and Canada. The company operates through two main businesses: FirstService Residential and FirstService Brands.

FirstService Residential provides property management services for condominium and homeowners’ associations, cooperatives, and other residential communities. Its services include community administration, financial management, maintenance coordination, customer support, and related operational services.

FirstService Brands operates and supports a network of property-service businesses, including companies involved in property restoration, painting, flooring, window treatments, and other residential and commercial services.