Firm Capital Mortgage Investment (TSE:FC) Given a C$12.00 Price Target by National Bank Financial Analysts

Firm Capital Mortgage Investment (TSE:FC) received a C$12.00 price target from investment analysts at National Bank Financial in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective suggests a potential downside of 1.64% from the stock’s previous close.

Firm Capital Mortgage Investment Stock Up 0.6%

Shares of FC traded up C$0.07 during trading on Monday, reaching C$12.20. The company’s stock had a trading volume of 59,487 shares, compared to its average volume of 62,255. The company has a fifty day moving average of C$12.05 and a two-hundred day moving average of C$12.01. Firm Capital Mortgage Investment has a twelve month low of C$11.51 and a twelve month high of C$12.48. The company has a market cap of C$448.22 million, a price-to-earnings ratio of 12.44 and a beta of 0.63. The company has a quick ratio of 17.11, a current ratio of 1.03 and a debt-to-equity ratio of 30.25.

Firm Capital Mortgage Investment (TSE:FC) last announced its quarterly earnings data on Tuesday, May 5th. The company reported C$0.23 earnings per share for the quarter. The company had revenue of C$13.72 million during the quarter. Firm Capital Mortgage Investment had a net margin of 56.81% and a return on equity of 8.48%. On average, sell-side analysts predict that Firm Capital Mortgage Investment will post 1.0697674 EPS for the current fiscal year.

Firm Capital Mortgage Investment Company Profile

Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors.