Analysts Set First National Financial Co. (TSE:FN) PT at C$42.67

Shares of First National Financial Co. (TSE:FN) have been given a consensus rating of “Hold” by the six brokerages that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$42.67.

A number of equities analysts have issued reports on FN shares. National Bankshares upped their target price on First National Financial from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. TD Securities upped their target price on First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, CIBC upped their target price on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th.

Insider Buying and Selling at First National Financial

In related news, insider FNSC Holdings Inc. purchased 25,774 shares of First National Financial stock in a transaction on Monday, October 7th. The shares were purchased at an average price of C$38.81 per share, for a total transaction of C$1,000,288.94. In the last quarter, insiders have purchased 147,553 shares of company stock worth $6,146,094. Insiders own 71.45% of the company’s stock.

First National Financial Price Performance

Shares of FN opened at C$44.44 on Friday. First National Financial has a 12-month low of C$35.15 and a 12-month high of C$45.10. The business has a 50-day simple moving average of C$40.68 and a two-hundred day simple moving average of C$38.06. The company has a quick ratio of 10.11, a current ratio of 8.92 and a debt-to-equity ratio of 6,280.61. The stock has a market cap of C$2.67 billion, a PE ratio of 11.70, a PEG ratio of 0.70 and a beta of 1.04.

First National Financial Announces Dividend

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

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.