Real Estate -
Real Estate - Services - NASDAQ - CA
$ 161.6
0.435 %
$ 7.34 B
Market Cap
54.23
P/E
1. INTRINSIC VALUE
Balance Sheet
FirstService Corporation
| Current Assets | 1.56 B |
| Cash & Short-Term Investments | 228 M |
| Receivables | 957 M |
| Other Current Assets | 375 M |
| Non-Current Assets | 2.64 B |
| Long-Term Investments | 0 |
| PP&E | 495 M |
| Other Non-Current Assets | 2.14 B |
| Current Liabilities | 851 M |
| Accounts Payable | 174 M |
| Short-Term Debt | 94.7 M |
| Other Current Liabilities | 582 M |
| Non-Current Liabilities | 1.71 B |
| Long-Term Debt | 1.47 B |
| Other Non-Current Liabilities | 235 M |
EFFICIENCY
Earnings Waterfall
FirstService Corporation
| Revenue | 5.22 B |
| Cost Of Revenue | 3.5 B |
| Gross Profit | 1.72 B |
| Operating Expenses | 1.38 B |
| Operating Income | 338 M |
| Other Expenses | 150 M |
| Net Income | 188 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
FirstService Corporation
| Net Income | 188 M |
| Depreciation & Amortization | 165 M |
| Capital Expenditures | -113 M |
| Stock-Based Compensation | 25.3 M |
| Change in Working Capital | -39.8 M |
| Others | -31.2 M |
| Free Cash Flow | 173 M |
Wall Street Analysts Price Targets
FirstService Corporation
Wall Street analysts predict an average 1-year price target for FSV of $193 , with forecasts ranging from
a
low of
$187 to a high of $200 .
FSV Lowest Price Target
Wall Street Target
187 USD
15.72%
FSV Average Price Target
Wall Street Target
193 USD
19.43%
FSV Highest Price Target
Wall Street Target
200 USD
23.76%
4. DIVIDEND
ANALYSIS
0.14%
DIVIDEND YIELD
0.275 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
FirstService Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
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.
globenewswire.com
- 2 weeks 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.
seekingalpha.com
- 3 weeks 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.
globenewswire.com
- 1 month 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.
globenewswire.com
- 1 month ago
4 Solid Stocks to Buy That Recently Declared Dividend Hikes
HAFC, HWC, CMS and FSV recently announced dividend hikes.
zacks.com
- 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.
seekingalpha.com
- 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.
seekingalpha.com
- 2 months ago
FirstService (FSV) Misses Q4 Earnings Estimates
FirstService (FSV) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.11 per share a year ago.
zacks.com
- 2 months ago
FirstService Reports Fourth Quarter and Full Year Results
Operating highlights: Three months ended Year ended December 31 December 31 2024 2023 2024 2023 Revenues (millions) $ 1,365.3 $ 1,079.3 $ 5,216.9 $ 4,334.5 Adjusted EBITDA (millions) (note 1) 137.9 103.3 513.7 415.7 Adjusted EPS (note 2) 1.34 1.11 5.00 4.66 GAAP Operating Earnings 89.6 48.1 337.5 244.9 GAAP EPS 0.71 0.14 2.97 2.24 TORONTO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) today announced strong fourth quarter and full year results for the year ended December 31, 2024. All amounts are in US dollars.
globenewswire.com
- 2 months ago
FirstService Declares 10% Increase to Quarterly Cash Dividend
TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has approved a 10% increase in the quarterly cash dividend on the outstanding Common Shares of the Company and declared a quarterly dividend of US$0.275 per Common Share, up from the previous US$0.25 per Common Share. The dividend is payable on April 7, 2025 to holders of Common Shares of record at the close of business on March 31, 2025.
globenewswire.com
- 2 months ago
3 Real Estate Stocks to Buy as Mortgage Rates Start to Cool Down
FSV, JLL and BIP are three real estate stocks to look into as mortgage rates decline.
zacks.com
- 2 months ago
FirstService (FSV) Earnings Expected to Grow: Should You Buy?
FirstService (FSV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 months ago
8. Profile
Summary
FirstService Corporation FSV
COUNTRY
CA
INDUSTRY
Real Estate - Services
MARKET CAP
$ 7.34 B
Dividend Yield
0.14%
Description
FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment operates and provides essential property services to residential and commercial customers, through five franchise networks; and company-owned locations, including 20 California Closets, 12 Paul Davis Restoration, and 1 CertaPro Painters locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, First Onsite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.
Contact
1255 Bay Street, Toronto, ON, M5R 2A9
https://www.firstservice.com
IPO
Date
June 2, 2015
Employees
30000
Officers
Ms. Sarah Alberts
Director of Marketing & Communications of FirstService Residential Ontario
Patrick Tran
Senior Vice President of Tax
Ms. Angela Bai
Senior Vice President of Strategy & Corporate Development
Mr. David Diestel
Chief Executive Officer of FirstService Residential
Mr. Steve Carpenter
Senior Vice President of Technology & Information Services
Mr. Abel Escobar
Senior Vice President of Compliance and Risk Management & Corporate Secretary
Mr. Jay Stewart Hennick CM
Founder & Independent Chairman of the Board
Mr. D. Scott Patterson
President, Chief Executive Officer & Non-Independent Director
Mr. Jeremy Alan Rakusin
Chief Financial Officer