First National Financial Corp (TSE:FN) – Research analysts at National Bank Financial issued their Q1 2019 earnings per share estimates for First National Financial in a note issued to investors on Monday, April 29th, according to Zacks Investment Research. National Bank Financial analyst J. Gloyn forecasts that the company will post earnings per share of $0.53 for the quarter. National Bank Financial currently has a “Sector Perform” rating and a $30.00 price target on the stock. National Bank Financial also issued estimates for First National Financial’s Q2 2019 earnings at $0.69 EPS, Q3 2019 earnings at $0.84 EPS, Q4 2019 earnings at $0.77 EPS and FY2019 earnings at $2.83 EPS.
First National Financial (TSE:FN) last posted its quarterly earnings data on Monday, February 25th. The company reported C$0.53 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.70 by C($0.17). The business had revenue of C$312.04 million during the quarter.
Other equities analysts have also issued research reports about the company. TD Securities lifted their price target on First National Financial from C$28.00 to C$29.00 in a research note on Tuesday, February 5th. BMO Capital Markets reiterated a “market perform” rating and issued a C$30.00 price target on shares of First National Financial in a research note on Wednesday, February 27th. Finally, Royal Bank of Canada decreased their price target on First National Financial from C$32.00 to C$31.00 and set an “underperform” rating on the stock in a research note on Wednesday, May 1st.
Shares of FN traded down C$0.02 during midday trading on Wednesday, hitting C$29.62. The company’s stock had a trading volume of 22,242 shares, compared to its average volume of 19,722. First National Financial has a one year low of C$25.38 and a one year high of C$32.51. The company has a debt-to-equity ratio of 6,865.68, a quick ratio of 10.75 and a current ratio of 10.95. The firm has a market cap of $1.79 billion and a price-to-earnings ratio of 11.76.
In other First National Financial news, insider FNSC Holdings Inc. acquired 1,700 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were bought at an average cost of C$29.82 per share, with a total value of C$50,694.00. Following the purchase, the insider now directly owns 6,957,484 shares of the company’s stock, valued at C$207,472,172.88.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be paid a $0.158 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date of this dividend is Thursday, May 30th. First National Financial’s dividend payout ratio is 75.46%.
First National Financial Company Profile
First National Financial Corporation, through its subsidiaries, originates, underwrites, and services residential and commercial mortgages in Canada. It offers single family residential, and multi-unit residential and commercial mortgages. The company provides its services through mortgage broker distribution channel, as well as through online.