First National Financial Co. (TSE:FN) Given Average Rating of “Hold” by Analysts

Shares of First National Financial Co. (TSE:FN) have been given an average recommendation of “Hold” by the six ratings firms that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$42.67.

Several equities research analysts have recently commented on FN shares. Scotiabank boosted their target price on shares of First National Financial from C$41.00 to C$44.00 in a research note on Wednesday, July 24th. CIBC boosted their target price on shares of First National Financial from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. TD Securities boosted their target price on shares of First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, National Bankshares boosted their target price on shares of First National Financial from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th.

First National Financial Stock Down 0.1 %

Shares of TSE:FN opened at C$41.14 on Wednesday. First National Financial has a 52 week low of C$35.15 and a 52 week high of C$42.74. The company has a debt-to-equity ratio of 6,280.61, a quick ratio of 10.11 and a current ratio of 8.92. The company’s fifty day moving average is C$38.96 and its 200-day moving average is C$37.47. The company has a market capitalization of C$2.47 billion, a PE ratio of 10.84, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be given a dividend of $0.708 per share. The ex-dividend date is Friday, November 29th. This represents a yield of 1.71%. First National Financial’s dividend payout ratio (DPR) is 64.47%.

Insider Buying and Selling

In other First National Financial news, insider FNSC Holdings Inc. bought 16,565 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were bought at an average cost of C$39.24 per share, for a total transaction of C$650,010.60. 71.45% of the stock is owned by corporate insiders.

First National Financial Company Profile

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.