FirstService (NASDAQ:FSV) Stock Gets Price Target Increase from Stifel Nicolaus

FirstService (NASDAQ:FSV) (TSE:FSV) had its price objective raised by equities research analysts at Stifel Nicolaus from $185.00 to $195.00 in a note issued to investors on Friday, BayStreet reports. The firm presently has a “buy” rating on the financial services provider’s stock. Stifel Nicolaus‘s price objective would indicate a potential upside of 36.04% from the company’s current price.

A number of other research analysts have also weighed in on FSV. Wall Street Zen lowered FirstService from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. TD boosted their target price on FirstService from $195.00 to $203.00 and gave the stock a “buy” rating in a research report on Friday. Scotiabank reiterated an “outperform” rating on shares of FirstService in a research report on Friday. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $178.00 price target on shares of FirstService in a research note on Friday. Finally, Raymond James Financial restated an “outperform” rating and set a $190.00 price target on shares of FirstService in a 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 MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $179.82.

FirstService Price Performance

Shares of FSV stock traded down $3.88 during mid-day trading on Friday, hitting $143.34. The company had a trading volume of 122,853 shares, compared to its average volume of 209,867. 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 stock’s 50 day moving average price is $135.69 and its 200-day moving average price is $138.74. FirstService has a 52-week low of $119.41 and a 52-week high of $171.88. The company has a market capitalization 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.

FirstService (NASDAQ:FSV) (TSE:FSV) last announced its quarterly earnings results on Thursday, October 22nd. The financial services provider reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.05. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. FirstService had a net margin of 2.88% and a return on equity of 18.07%. FirstService’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.76 EPS. Equities research analysts forecast that FirstService will post 5.61 earnings per share for the current year.

Institutional Investors Weigh In On FirstService

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FSV. Bessemer Group Inc. increased its position in shares of FirstService by 52.2% during the 1st quarter. Bessemer Group Inc. now owns 191,970 shares of the financial services provider’s stock valued at $26,672,000 after purchasing an additional 65,830 shares during the last quarter. Bank of America Corp DE lifted its position in FirstService by 8.2% in the first quarter. Bank of America Corp DE now owns 240,316 shares of the financial services provider’s stock worth $33,390,000 after buying an additional 18,146 shares during the last quarter. Sei Investments Co. lifted its position in FirstService by 59.2% in the first quarter. Sei Investments Co. now owns 63,388 shares of the financial services provider’s stock worth $8,806,000 after buying an additional 23,577 shares during the last quarter. Nykredit A S bought a new stake in FirstService in the second quarter worth $1,585,000. Finally, TD Waterhouse Canada Inc. boosted its stake in FirstService by 13.9% during the second quarter. TD Waterhouse Canada Inc. now owns 66,437 shares of the financial services provider’s stock worth $9,519,000 after buying an additional 8,084 shares during the period. 69.35% of the stock is currently owned by hedge funds and other institutional investors.

FirstService News Summary

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

FirstService Company Profile

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.