FirstService
About: FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives. FirstService Brands generates the majority of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.
Employees: 30,000
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
156% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 16
7% more funds holding
Funds holding: 283 [Q3] → 304 (+21) [Q4]
7% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 103
0% less capital invested
Capital invested by funds: $5.55B [Q3] → $5.53B (-$16.1M) [Q4]
0.77% less ownership
Funds ownership: 68.36% [Q3] → 67.59% (-0.77%) [Q4]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q3] → 5 (-1) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$210
20%
upside
Avg. target
$210
20%
upside
High target
$210
20%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Scotiabank Himanshu Gupta 0% 1-year accuracy 0 / 5 met price target | 20%upside $210 | Sector Perform Maintained | 17 Apr 2025 |
Financial journalist opinion
Based on 4 articles about FSV published over the past 30 days
Neutral
Seeking Alpha
6 days ago
FirstService Corporation (FSV) Q1 2025 Earnings Call Transcript
FirstService Corporation (NASDAQ:FSV ) Q1 2025 Results Conference Call April 24, 2025 11:00 AM ET Company Participants Scott Patterson - Chief Executive Officer Jeremy Rakusin - Chief Financial Officer Conference Call Participants Stephen MacLeod - BMO Capital Markets Scott Fletcher - CIBC Daryl Young - Stifel Stephen Sheldon - William Blair Frederic Bastien - Raymond James Operator Welcome to the First Quarter Investors Conference Call. Today's call is being recorded.
Positive
Zacks Investment Research
6 days ago
FirstService (FSV) Tops Q1 Earnings Estimates
FirstService (FSV) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.67 per share a year ago.
Neutral
GlobeNewsWire
6 days ago
FirstService Reports First Quarter Results
Operating highlights: Three monthsended March 31 2025 2024 Revenues (millions) $ 1,250.8 $ 1,158.0 Adjusted EBITDA (millions) (note 1) 103.3 83.4 Adjusted EPS (note 2) 0.92 0.67 GAAP Operating Earnings (millions) 39.3 38.1 GAAP EPS 0.06 0.14 TORONTO, April 24, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) today reported operating and financial results for its first quarter ended March 31, 2025. All amounts are in US dollars.
Neutral
GlobeNewsWire
4 weeks ago
FirstService Announces Election of Directors
TORONTO, April 02, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV) (NASDAQ: FSV) (“FirstService”) today announced that at its annual meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService's management information circular dated February 12, 2025 (the “Circular”) were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below.
Positive
Seeking Alpha
1 month ago
21 Upcoming Dividend Increases To Finish Q1
The lists were created using the U.S. Dividend Champions spreadsheet and NASDAQ data, ensuring companies have at least five years of dividend growth. My investment strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperformance relevant to certain benchmarks. Top-performing stocks include MPWR, STLD, and JPM. Top REITs include CTR, FR, and REXR for their impressive returns and dividend growth rates.
Neutral
GlobeNewsWire
1 month ago
FirstService Corporation Announces Upcoming Meeting and Financial Reporting Dates
Annual Meeting of Shareholders on April 2, 2025 Release of First Quarter 2025 Results on April 24, 2025 TORONTO, March 12, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will hold its Annual Meeting of Shareholders on Wednesday, April 2, 2025 at 11:00 a.m. ET. The meeting will be webcast live and can be either accessed via FirstService's website at www.firstservice.com in the “Investors” section under the “Newsroom” tab prior to the meeting or by accessing the LUMI AGM platform directly at meetings.lumiconnect.com/400-964-924-218.
Neutral
GlobeNewsWire
2 months ago
FirstService Increases Credit Facility to US$1.75 Billion
TORONTO, Feb. 26, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService”) announced today that it has expanded and extended its unsecured revolving credit facility (the “Credit Facility”) for a new five-year term maturing in February 2030, replacing the prior facility which was set to expire in February 2027. Under the amended Credit Facility, borrowing capacity has been increased to US$1.75 billion up from the previous US$1.25 billion and, at any time during the term, FirstService also has the right to increase the Credit Facility by up to an additional US$250 million on the same terms and conditions as the original Credit Facility. The Credit Facility will continue to be utilized for working capital and general corporate purposes and to fund future tuck-under acquisitions.
Positive
Zacks Investment Research
2 months ago
4 Solid Stocks to Buy That Recently Declared Dividend Hikes
HAFC, HWC, CMS and FSV recently announced dividend hikes.
Neutral
Seeking Alpha
2 months ago
Colliers International Group Inc. (CIGI) Q4 2024 Earnings Call Transcript
Colliers International Group Inc. (NASDAQ:CIGI ) Q4 2024 Earnings Conference Call February 6, 2025 11:00 AM ET Company Participants Jay Hennick - Global Chairman & CEO Christian Mayer - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Stephen MacLeod - BMO Capital Markets Stephen Sheldon - William Blair Frederic Bastien - Raymond James Daryl Young - Stifel Julien Blouin - Goldman Sachs Jimmy Shan - RBC Capital Markets Himanshu Gupta - Scotiabank Operator Welcome to the Colliers International Fourth Quarter Year-end Investors Conference Call. Today's call is being recorded.
Neutral
Seeking Alpha
2 months ago
FirstService Corporation (FSV) Q4 2024 Earnings Call Transcript
FirstService Corporation (NASDAQ:FSV ) Q4 2024 Earnings Conference Call February 5, 2025 11:00 AM ET Company Participants Scott Patterson - Chief Executive Officer Jeremy Rakusin - Chief Financial Officer Conference Call Participants Stephen MacLeod - BMO Capital Markets Stephen Sheldon - William Blair & Company Scott Fletcher - CIBC Capital Markets Daryl Young - Stifel Financial Corp. Tim James - TD Securities Himanshu Gupta - Scotiabank Operator Welcome to the Fourth Quarter Investors Conference Call. Today's call is being recorded.
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