View Future GrowthFirstService 過去の業績過去 基準チェック /56FirstServiceは、平均年間3.5%の収益成長を遂げていますが、 Real Estate業界の収益は、年間 減少しています。収益は、平均年間8.3% 13.7%収益成長率で 成長しています。 FirstServiceの自己資本利益率は10.5%であり、純利益率は2.9%です。主要情報3.52%収益成長率2.52%EPS成長率Real Estate 業界の成長27.71%収益成長率13.69%株主資本利益率10.51%ネット・マージン2.92%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Apr 24First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.44 (up from US$0.062 in 1Q 2025). Revenue: US$1.32b (up 5.3% from 1Q 2025). Net income: US$20.0m (up US$17.2m from 1Q 2025). Profit margin: 1.5% (up from 0.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Mar 11FirstService Corporation to Report Q1, 2026 Results on Apr 23, 2026FirstService Corporation announced that they will report Q1, 2026 results at 7:30 AM, US Eastern Standard Time on Apr 23, 2026お知らせ • Jan 14FirstService Corporation to Report Q4, 2025 Results on Feb 04, 2026FirstService Corporation announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Feb 04, 2026Reported Earnings • Oct 24Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$1.26 (down from US$1.34 in 3Q 2024). Revenue: US$1.45b (up 3.7% from 3Q 2024). Net income: US$57.2m (down 5.6% from 3Q 2024). Profit margin: 3.9% (down from 4.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 7.4%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 09FirstService Corporation to Report Q3, 2025 Results on Oct 23, 2025FirstService Corporation announced that they will report Q3, 2025 results at 7:30 AM, US Eastern Standard Time on Oct 23, 2025Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.01 (up from US$0.78 in 2Q 2024). Revenue: US$1.42b (up 9.1% from 2Q 2024). Net income: US$46.1m (up 32% from 2Q 2024). Profit margin: 3.3% (up from 2.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesDeclared Dividend • May 11First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 30th June 2026 Payment date: 7th July 2026 Dividend yield will be 0.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 08FirstService Corporation Declares Quarterly Cash Dividend, Payable on July 7, 2026FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.305 per Common Share. The dividend is payable on July 7, 2026 to holders of Common Shares of record at the close of business on June 30, 2026. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.Reported Earnings • Apr 24First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.44 (up from US$0.062 in 1Q 2025). Revenue: US$1.32b (up 5.3% from 1Q 2025). Net income: US$20.0m (up US$17.2m from 1Q 2025). Profit margin: 1.5% (up from 0.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Apr 17Now 21% overvaluedOver the last 90 days, the stock has fallen 6.1% to US$152. The fair value is estimated to be US$126, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Upcoming Dividend • Mar 24Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 31 March 2026. Payment date: 07 April 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.1%).お知らせ • Mar 11FirstService Corporation to Report Q1, 2026 Results on Apr 23, 2026FirstService Corporation announced that they will report Q1, 2026 results at 7:30 AM, US Eastern Standard Time on Apr 23, 2026New Risk • Feb 20New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$7.3m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Significant insider selling over the past 3 months (US$7.3m sold).Recent Insider Transactions • Feb 20President recently sold US$7.3m worth of stockOn the 18th of February, D. Patterson sold around 47k shares on-market at roughly US$157 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. D. has been a net seller over the last 12 months, reducing personal holdings by US$22m.Declared Dividend • Feb 05Fourth quarter dividend increased to US$0.30Dividend of US$0.30 is 11% higher than last year. Ex-date: 31st March 2026 Payment date: 7th April 2026 Dividend yield will be 0.7%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 16%.Buy Or Sell Opportunity • Feb 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.3% to US$165. The fair value is estimated to be US$136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.お知らせ • Feb 04FirstService Corporation, Annual General Meeting, Apr 01, 2026FirstService Corporation, Annual General Meeting, Apr 01, 2026.お知らせ • Feb 03FirstService Declares Quarterly Cash Dividend, Payable on April 7, 2026FirstService Corporation announced that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company and declared a quarterly dividend of USD 0.305 per Common Share, up from the previous USD 0.275 per Common Share. The dividend is payable on April 7, 2026 to holders of Common Shares of record at the close of business on March 31, 2026.お知らせ • Jan 14FirstService Corporation to Report Q4, 2025 Results on Feb 04, 2026FirstService Corporation announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Feb 04, 2026Upcoming Dividend • Dec 24Upcoming dividend of US$0.28 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 07 January 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.4%).Declared Dividend • Dec 07Third quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 31st December 2025 Payment date: 7th January 2026 Dividend yield will be 0.7%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 17%.お知らせ • Dec 04FirstService Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on January 7, 2026FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.275 per Common Share. The dividend is payable on January 7, 2026 to holders of Common Shares of record at the close of business on December 31, 2025. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.Recent Insider Transactions • Nov 26Independent Director recently sold US$409k worth of stockOn the 20th of November, Joan Sproul sold around 3k shares on-market at roughly US$151 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$25m. Insiders have been net sellers, collectively disposing of US$64m more than they bought in the last 12 months.Reported Earnings • Oct 24Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$1.26 (down from US$1.34 in 3Q 2024). Revenue: US$1.45b (up 3.7% from 3Q 2024). Net income: US$57.2m (down 5.6% from 3Q 2024). Profit margin: 3.9% (down from 4.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 7.4%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 24Firstservice Corporation Provides Revenue Guidance for the Fourth Quarter of 2025FirstService Corporation provided revenue guidance for the fourth quarter of 2025. The company expects a similar result in Q4, with revenues roughly matching the prior year quarter. In terms of outlook, to close out 2025, Scott has provided top line indicators by brand, which will aggregate to revenues roughly in line with prior year for upcoming fourth quarter.Buy Or Sell Opportunity • Oct 18Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.9% to US$183. The fair value is estimated to be US$152, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.お知らせ • Oct 09FirstService Corporation to Report Q3, 2025 Results on Oct 23, 2025FirstService Corporation announced that they will report Q3, 2025 results at 7:30 AM, US Eastern Standard Time on Oct 23, 2025Upcoming Dividend • Sep 26Upcoming dividend of US$0.28 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 07 October 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.2%).Recent Insider Transactions • Sep 14Independent Director recently sold US$1.2m worth of stockOn the 12th of September, Erin Wallace sold around 6k shares on-market at roughly US$206 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$5.0m. Insiders have been net sellers, collectively disposing of US$74m more than they bought in the last 12 months.Declared Dividend • Sep 12Second quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 30th September 2025 Payment date: 7th October 2025 Dividend yield will be 0.5%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 20%.お知らせ • Sep 10FirstService Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on October 7, 2025FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.275 per Common Share. The dividend is payable on October 7, 2025 to holders of Common Shares of record at the close of business on September 30, 2025. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.Recent Insider Transactions • Aug 22President recently sold US$5.0m worth of stockOn the 20th of August, D. Patterson sold around 25k shares on-market at roughly US$201 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. D. has been a net seller over the last 12 months, reducing personal holdings by US$32m.Recent Insider Transactions • Jul 31Chief Financial Officer recently sold US$753k worth of stockOn the 29th of July, Jeremy Rakusin sold around 4k shares on-market at roughly US$198 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeremy has been a net seller over the last 12 months, reducing personal holdings by US$7.5m.Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.01 (up from US$0.78 in 2Q 2024). Revenue: US$1.42b (up 9.1% from 2Q 2024). Net income: US$46.1m (up 32% from 2Q 2024). Profit margin: 3.3% (up from 2.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Jul 09FirstService Corporation to Report Q2, 2025 Results on Jul 24, 2025FirstService Corporation announced that they will report Q2, 2025 results at 7:30 AM, US Eastern Standard Time on Jul 24, 2025Buy Or Sell Opportunity • Jul 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.4% to US$176. The fair value is estimated to be US$146, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 4.3%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 53% in the next 2 years.Recent Insider Transactions • Jun 26Independent Director recently sold US$529k worth of stockOn the 24th of June, Erin Wallace sold around 3k shares on-market at roughly US$176 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$110m more than they bought in the last 12 months.Upcoming Dividend • Jun 23Upcoming dividend of US$0.28 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 08 July 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (2.6%).Recent Insider Transactions • Jun 15Independent Director recently sold US$445k worth of stockOn the 12th of June, Joan Sproul sold around 3k shares on-market at roughly US$178 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$110m more than they bought in the last 12 months.Declared Dividend • May 12First quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 30th June 2025 Payment date: 8th July 2025 Dividend yield will be 0.6%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 23%.お知らせ • May 07FirstService Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on July 8, 2025FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of $0.275 per Common Share. The dividend is payable on July 8, 2025 to holders of Common Shares of record at the close of business on June 30, 2025.Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Elizabeth Carducci was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: US$0.062 (down from US$0.14 in 1Q 2024). Revenue: US$1.25b (up 8.0% from 1Q 2024). Net income: US$2.80m (down 56% from 1Q 2024). Profit margin: 0.2% (down from 0.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 78%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Mar 24Upcoming dividend of US$0.28 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 07 April 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.3%).お知らせ • Mar 12FirstService Corporation to Report Q1, 2025 Results on Apr 24, 2025FirstService Corporation announced that they will report Q1, 2025 results at 7:30 AM, Eastern Standard Time on Apr 24, 2025Recent Insider Transactions • Feb 16President recently sold US$8.6m worth of stockOn the 13th of February, D. Patterson sold around 49k shares on-market at roughly US$174 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. D. has been a net seller over the last 12 months, reducing personal holdings by US$17m.Declared Dividend • Feb 06Fourth quarter dividend increased to US$0.28Dividend of US$0.28 is 10% higher than last year. Ex-date: 31st March 2025 Payment date: 7th April 2025 Dividend yield will be 0.6%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 34%. Cash payout ratio: 26%.Reported Earnings • Feb 05Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$2.99 (up from US$2.25 in FY 2023). Revenue: US$5.22b (up 20% from FY 2023). Net income: US$134.4m (up 34% from FY 2023). Profit margin: 2.6% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Feb 05FirstService Corporation, Annual General Meeting, Apr 02, 2025FirstService Corporation, Annual General Meeting, Apr 02, 2025.お知らせ • Feb 04FirstService Corporation Declares Quarterly Dividend, Payable on April 7, 2025FirstService Corporation announced 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 USD 0.275 per Common Share, up from the previous USD 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.Buy Or Sell Opportunity • Jan 15Now 21% overvaluedOver the last 90 days, the stock has fallen 4.5% to US$180. The fair value is estimated to be US$148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.お知らせ • Jan 14FirstService Corporation to Report Q4, 2024 Results on Feb 05, 2025FirstService Corporation announced that they will report Q4, 2024 results at 7:30 AM, US Eastern Standard Time on Feb 05, 2025Upcoming Dividend • Dec 24Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 07 January 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.4%).Seeking Alpha • Dec 19FirstService: Brands Segment Offsets Residential Segment WeaknessSummary FirstService's Q3’24 results were strong, driven by 25% growth in restoration brands and the acquisition of Roofing Corp of America, despite challenges in the residential segment. The company expects Q4’24 revenue growth to exceed 20%, with annual consolidated revenue growth approaching 20% for FY’24, showing continued momentum and resilience. Risks include weather unpredictability affecting restoration services and regulatory challenges in the residential segment, but the company’s diversified business model mitigates these risks. FirstService's valuation at 23.0x EV/EBITDA is attractive given its strong EBITDA growth, making it a compelling investment with a solid balance sheet for future M&A. Read the full article on Seeking AlphaDeclared Dividend • Dec 09Third quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 31st December 2024 Payment date: 7th January 2025 Dividend yield will be 0.5%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 40%. Cash payout ratio: 22%.お知らせ • Dec 06Firstservice Corporation Declares Quarterly Cash Dividend, Payable on January 7, 2025FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of USD 0.25 per Common Share. The dividend is payable on January 7, 2025 to holders of Common Shares of record at the close of business on December 31, 2024.Recent Insider Transactions • Nov 15Senior VP recently sold US$3.9m worth of stockOn the 13th of November, Douglas Cooke sold around 21k shares on-market at roughly US$187 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$42m. Insiders have been net sellers, collectively disposing of US$101m more than they bought in the last 12 months.Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.34 (up from US$0.73 in 3Q 2023). Revenue: US$1.40b (up 25% from 3Q 2023). Net income: US$60.5m (up 85% from 3Q 2023). Profit margin: 4.3% (up from 2.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Oct 03FirstService Corporation to Report Q3, 2024 Results on Oct 24, 2024FirstService Corporation announced that they will report Q3, 2024 results at 7:30 AM, US Eastern Standard Time on Oct 24, 2024Recent Insider Transactions • Sep 22Key Executive recently sold US$22m worth of stockOn the 17th of September, Jay Hennick sold around 122k shares on-market at roughly US$180 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$42m. Jay has been a net seller over the last 12 months, reducing personal holdings by US$64m.Declared Dividend • Sep 13Second quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 30th September 2024 Payment date: 7th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 53%. Cash payout ratio: 21%.お知らせ • Sep 11FirstService Corporation Declares Quarterly Cash Dividend, Payable on October 7, 2024FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of $0.25 per Common Share. The dividend is payable on October 7, 2024 to holders of Common Shares of record at the close of business on September 30, 2024.Recent Insider Transactions • Aug 25Key Executive recently sold US$42m worth of stockOn the 23rd of August, Jay Hennick sold around 240k shares on-market at roughly US$175 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jay's only on-market trade for the last 12 months.Seeking Alpha • Jul 29FirstService: Q2 Results Highlight Further Growth Ahead For This CompounderSummary FirstService is a real estate services company specializing in property management and maintenance. The company reported positive Q2'24 results, with revenues up 15.9% and adjusted EBITDA up 11.9%. With dominant market positions in several industries operating recognizable brands with geographical reach, the company has a scale advantage that enables it to achieve both organic and inorganic growth. The recent acquisition of CitiScape enhances FirstService's property management presence in the West Coast market, while the acquisition of two roofing businesses in Florida solidifies its position in the Southeastern U.S. Read the full article on Seeking AlphaReported Earnings • Jul 26Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: US$0.78 (down from US$1.02 in 2Q 2023). Revenue: US$1.30b (up 16% from 2Q 2023). Net income: US$35.1m (down 23% from 2Q 2023). Profit margin: 2.7% (down from 4.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 4.2%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jul 10Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at US$154. The fair value is estimated to be US$128, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 3.4%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 83% in the next 2 years.お知らせ • Jul 10FirstService Corporation to Report Q2, 2024 Results on Jul 25, 2024FirstService Corporation announced that they will report Q2, 2024 results at 7:30 AM, US Eastern Standard Time on Jul 25, 2024Buy Or Sell Opportunity • Jul 02Now 20% overvaluedOver the last 90 days, the stock has fallen 4.3% to US$154. The fair value is estimated to be US$128, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 3.4%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 83% in the next 2 years.Recent Insider Transactions • Jun 25Independent Director recently sold US$602k worth of stockOn the 20th of June, Joan Sproul sold around 4k shares on-market at roughly US$150 per share. This transaction amounted to 70% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$36m more than they bought in the last 12 months.お知らせ • Jun 13FirstService Corporation (TSX:FSV) acquired Citiscape Property Management Group Llc.FirstService Corporation (TSX:FSV) acquired Citiscape Property Management Group Llc on June 11, 2024.FirstService Corporation (TSX:FSV) completed the acquisition of Citiscape Property Management Group Llc on June 11, 2024.Declared Dividend • May 10First quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 28th June 2024 Payment date: 5th July 2024 Dividend yield will be 0.6%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 46%. Cash payout ratio: 26%.お知らせ • May 08FirstService Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on July 5, 2024FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of $0.25 per Common Share. The dividend is payable on July 5, 2024 to holders of Common Shares of record at the close of business on June 28, 2024. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.Reported Earnings • Apr 25First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: US$0.14 (down from US$0.36 in 1Q 2023). Revenue: US$1.16b (up 14% from 1Q 2023). Net income: US$6.31m (down 61% from 1Q 2023). Profit margin: 0.5% (down from 1.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year.Recent Insider Transactions • Mar 25CEO & Non-Independent Director recently sold US$1.4m worth of stockOn the 21st of March, D. Patterson sold around 8k shares on-market at roughly US$170 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$7.9m. D. has been a net seller over the last 12 months, reducing personal holdings by US$16m.お知らせ • Mar 22FirstService Corporation to Report Q1, 2024 Results on Apr 24, 2024FirstService Corporation announced that they will report Q1, 2024 results at 7:30 AM, US Eastern Standard Time on Apr 24, 2024Upcoming Dividend • Mar 20Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 05 April 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.7%).Recent Insider Transactions • Mar 18Senior VP recently sold US$897k worth of stockOn the 14th of March, Douglas Cooke sold around 5k shares on-market at roughly US$169 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$7.9m. Insiders have been net sellers, collectively disposing of US$34m more than they bought in the last 12 months.Recent Insider Transactions • Feb 28Insider recently bought US$1.2m worth of stockOn the 23rd of February, Alex Nguyen bought around 7k shares on-market at roughly US$166 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$3.1m. Despite this recent purchase, insiders have collectively sold US$20m more in shares than they bought in the last 12 months.Reported Earnings • Feb 26Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$2.25 (down from US$2.74 in FY 2022). Revenue: US$4.33b (up 16% from FY 2022). Net income: US$100.4m (down 17% from FY 2022). Profit margin: 2.3% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.Recent Insider Transactions • Feb 20Senior VP recently sold US$1.7m worth of stockOn the 15th of February, Douglas Cooke sold around 10k shares on-market at roughly US$166 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$2.5m. Insiders have been net sellers, collectively disposing of US$13m more than they bought in the last 12 months.Recent Insider Transactions • Feb 14Insider recently bought US$3.1m worth of stockOn the 8th of February, Alex Nguyen bought around 38k shares on-market at roughly US$83.89 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$14m more in shares than they bought in the last 12 months.Declared Dividend • Feb 07Third quarter dividend increased to US$0.25Dividend of US$0.25 is 11% higher than last year. Ex-date: 27th March 2024 Payment date: 5th April 2024 Dividend yield will be 0.6%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 29%. Cash payout ratio: 30%.お知らせ • Feb 06+ 1 more updateFirstService Corporation, Annual General Meeting, Apr 03, 2024FirstService Corporation, Annual General Meeting, Apr 03, 2024.お知らせ • Jan 10FirstService Corporation to Report Q4, 2023 Results on Feb 06, 2024FirstService Corporation announced that they will report Q4, 2023 results at 7:30 AM, Eastern Standard Time on Feb 06, 2024Recent Insider Transactions • Dec 29Chief Financial Officer recently sold US$1.5m worth of stockOn the 22nd of December, Jeremy Rakusin sold around 9k shares on-market at roughly US$163 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeremy has been a net seller over the last 12 months, reducing personal holdings by US$8.2m.Price Target Changed • Dec 24Price target increased by 7.6% to US$185Up from US$172, the current price target is an average from 2 analysts. New target price is 13% above last closing price of US$163. Stock is up 33% over the past year. The company is forecast to post earnings per share of US$2.78 for next year compared to US$2.74 last year.Upcoming Dividend • Dec 21Upcoming dividend of US$0.23 per share at 0.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 05 January 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (3.1%).お知らせ • Dec 19FirstService Corporation (TSX:FSV) acquired Roofing Corporation of America, LLC from Soundcore Capital Partners, LP for approximately $410 million.FirstService Corporation (TSX:FSV) acquired an unknown minority stake in Roofing Corporation of America, LLC from Soundcore Capital Partners, LP for approximately $410 million on December 15, 2023. The purchase price will be funded through a combination of cash on hand and funds drawn under FirstService’s existing revolving bank credit facility which now has total borrowing capacity of $1.25 billion after the recent exercise and bank syndicate approval of the $250 million accordion feature. As on December 18, 2023, Roofing Corporation of America, Inc. reported a revenue of approximately $400 million for the year ended December 31, 2022. Piper Sandler & Co. acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Soundcore Capital Partners, LP and Roofing Corporation of America, LLC. FirstService Corporation (TSX:FSV) completed the acquisition of an unknown minority stake in Roofing Corporation of America, LLC from Soundcore Capital Partners, LP on December 15, 2023.お知らせ • Nov 29FirstService Corporation Declares Quarterly Cash Dividend, Payable on January 5, 2024FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of $0.225 per Common Share. The dividend is payable on January 5, 2024 to holders of Common Shares of record at the close of business on December 29, 2023. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.Recent Insider Transactions • Nov 09Independent Director recently sold US$878k worth of stockOn the 3rd of November, Erin Wallace sold around 6k shares on-market at roughly US$149 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$20m more than they bought in the last 12 months.Reported Earnings • Oct 27Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: US$0.73 (down from US$0.77 in 3Q 2022). Revenue: US$1.12b (up 16% from 3Q 2022). Net income: US$32.7m (down 4.5% from 3Q 2022). Profit margin: 2.9% (down from 3.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 06FirstService Corporation to Report Q3, 2023 Results on Oct 26, 2023FirstService Corporation announced that they will report Q3, 2023 results at 7:30 AM, US Eastern Standard Time on Oct 26, 2023Upcoming Dividend • Sep 21Upcoming dividend of US$0.23 per share at 0.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 October 2023. Payout ratio is a comfortable 28% and the cash payout ratio is 86%. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (2.1%).お知らせ • Sep 13FirstService Corporation Declares Quarterly Cash Dividend, Payable on October 6, 2023FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.225 per Common Share. The dividend is payable on October 6, 2023 to holders of Common Shares of record at the close of business on September 29, 2023. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.Recent Insider Transactions • Aug 17Chief Financial Officer recently sold US$617k worth of stockOn the 11th of August, Jeremy Rakusin sold around 4k shares on-market at roughly US$154 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$2.3m. Jeremy has been a net seller over the last 12 months, reducing personal holdings by US$6.7m.Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$1.02 (up from US$0.78 in 2Q 2022). Revenue: US$1.12b (up 20% from 2Q 2022). Net income: US$45.4m (up 31% from 2Q 2022). Profit margin: 4.1% (up from 3.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 12FirstService Corporation to Report Q2, 2023 Results on Jul 27, 2023FirstService Corporation announced that they will report Q2, 2023 results at 7:30 AM, US Eastern Standard Time on Jul 27, 2023Recent Insider Transactions • Jul 06Insider recently sold US$2.3m worth of stockOn the 30th of June, Alex Nguyen sold around 15k shares on-market at roughly US$152 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$19m more than they bought in the last 12 months.Upcoming Dividend • Jun 22Upcoming dividend of US$0.23 per share at 0.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (2.3%).Recent Insider Transactions • Jun 11Independent Director recently sold US$522k worth of stockOn the 6th of June, Joan Sproul sold around 4k shares on-market at roughly US$147 per share. This transaction amounted to 78% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$16m more than they bought in the last 12 months.お知らせ • May 10Firstservice Corporation Declares Quarterly Dividend, Payable on July 7, 2023FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.225 per Common Share. The dividend is payable on July 7, 2023 to holders of Common Shares of record at the close of business on June 30, 2023.Recent Insider Transactions • May 06Independent Director recently sold US$55k worth of stockOn the 2nd of May, Joan Sproul sold around 375 shares on-market at roughly US$146 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$3.7m. Insiders have been net sellers, collectively disposing of US$15m more than they bought in the last 12 months.Reported Earnings • Apr 27First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: US$0.36 (up from US$0.32 in 1Q 2022). Revenue: US$1.02b (up 22% from 1Q 2022). Net income: US$16.1m (up 14% from 1Q 2022). Profit margin: 1.6% (down from 1.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of US$0.23 per share at 0.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 11 April 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.6%).収支内訳FirstService の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NasdaqGS:FSV 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 265,5641621,332031 Dec 255,4981451,311030 Sep 255,4791391,294030 Jun 255,4281421,271031 Mar 255,3101311,250031 Dec 245,2171341,230030 Sep 244,9311081,153030 Jun 244,652801,100031 Mar 244,474911,043031 Dec 234,335100993030 Sep 234,275132980030 Jun 234,119134935031 Mar 233,930123887031 Dec 223,746121846030 Sep 223,583114814030 Jun 223,472125785031 Mar 223,373127773031 Dec 213,249135734030 Sep 213,167126704030 Jun 213,060113684031 Mar 212,850104633031 Dec 202,77287629030 Sep 202,67370619030 Jun 202,60358605031 Mar 202,556-249586031 Dec 192,407-252546030 Sep 192,235-246494030 Jun 192,069-240454031 Mar 191,99162441031 Dec 181,93166426030 Sep 181,87269425030 Jun 181,82958415031 Mar 181,77553400031 Dec 171,72951385030 Sep 171,66744360030 Jun 171,61245336031 Mar 171,55640321031 Dec 161,48334305030 Sep 161,41830296030 Jun 161,35828295031 Mar 161,29923286031 Dec 151,26421279030 Sep 151,23015274030 Jun 151,19392720質の高い収益: FSVは 高品質の収益 を持っています。利益率の向上: FSVの現在の純利益率 (2.9%)は、昨年(2.5%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: FSVの収益は過去 5 年間で年間3.5%増加しました。成長の加速: FSVの過去 1 年間の収益成長率 ( 24% ) は、5 年間の平均 ( 年間3.5%を上回っています。収益対業界: FSVの過去 1 年間の収益成長率 ( 24% ) はReal Estate業界-0.6%を上回りました。株主資本利益率高いROE: FSVの 自己資本利益率 ( 10.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YReal-estate-management-and-development 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/05/20 20:10終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋FirstService Corporation 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Will ChienAccountability Research CorporationStephen MacLeodBMO Capital Markets Equity ResearchErin KyleCIBC Capital Markets12 その他のアナリストを表示
Reported Earnings • Apr 24First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.44 (up from US$0.062 in 1Q 2025). Revenue: US$1.32b (up 5.3% from 1Q 2025). Net income: US$20.0m (up US$17.2m from 1Q 2025). Profit margin: 1.5% (up from 0.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Mar 11FirstService Corporation to Report Q1, 2026 Results on Apr 23, 2026FirstService Corporation announced that they will report Q1, 2026 results at 7:30 AM, US Eastern Standard Time on Apr 23, 2026
お知らせ • Jan 14FirstService Corporation to Report Q4, 2025 Results on Feb 04, 2026FirstService Corporation announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Feb 04, 2026
Reported Earnings • Oct 24Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$1.26 (down from US$1.34 in 3Q 2024). Revenue: US$1.45b (up 3.7% from 3Q 2024). Net income: US$57.2m (down 5.6% from 3Q 2024). Profit margin: 3.9% (down from 4.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 7.4%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 09FirstService Corporation to Report Q3, 2025 Results on Oct 23, 2025FirstService Corporation announced that they will report Q3, 2025 results at 7:30 AM, US Eastern Standard Time on Oct 23, 2025
Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.01 (up from US$0.78 in 2Q 2024). Revenue: US$1.42b (up 9.1% from 2Q 2024). Net income: US$46.1m (up 32% from 2Q 2024). Profit margin: 3.3% (up from 2.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Declared Dividend • May 11First quarter dividend of US$0.30 announcedShareholders will receive a dividend of US$0.30. Ex-date: 30th June 2026 Payment date: 7th July 2026 Dividend yield will be 0.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 08FirstService Corporation Declares Quarterly Cash Dividend, Payable on July 7, 2026FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.305 per Common Share. The dividend is payable on July 7, 2026 to holders of Common Shares of record at the close of business on June 30, 2026. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.
Reported Earnings • Apr 24First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: US$0.44 (up from US$0.062 in 1Q 2025). Revenue: US$1.32b (up 5.3% from 1Q 2025). Net income: US$20.0m (up US$17.2m from 1Q 2025). Profit margin: 1.5% (up from 0.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Apr 17Now 21% overvaluedOver the last 90 days, the stock has fallen 6.1% to US$152. The fair value is estimated to be US$126, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Upcoming Dividend • Mar 24Upcoming dividend of US$0.30 per shareEligible shareholders must have bought the stock before 31 March 2026. Payment date: 07 April 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.1%).
お知らせ • Mar 11FirstService Corporation to Report Q1, 2026 Results on Apr 23, 2026FirstService Corporation announced that they will report Q1, 2026 results at 7:30 AM, US Eastern Standard Time on Apr 23, 2026
New Risk • Feb 20New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$7.3m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Significant insider selling over the past 3 months (US$7.3m sold).
Recent Insider Transactions • Feb 20President recently sold US$7.3m worth of stockOn the 18th of February, D. Patterson sold around 47k shares on-market at roughly US$157 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. D. has been a net seller over the last 12 months, reducing personal holdings by US$22m.
Declared Dividend • Feb 05Fourth quarter dividend increased to US$0.30Dividend of US$0.30 is 11% higher than last year. Ex-date: 31st March 2026 Payment date: 7th April 2026 Dividend yield will be 0.7%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 16%.
Buy Or Sell Opportunity • Feb 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.3% to US$165. The fair value is estimated to be US$136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 4.9%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
お知らせ • Feb 04FirstService Corporation, Annual General Meeting, Apr 01, 2026FirstService Corporation, Annual General Meeting, Apr 01, 2026.
お知らせ • Feb 03FirstService Declares Quarterly Cash Dividend, Payable on April 7, 2026FirstService Corporation announced that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company and declared a quarterly dividend of USD 0.305 per Common Share, up from the previous USD 0.275 per Common Share. The dividend is payable on April 7, 2026 to holders of Common Shares of record at the close of business on March 31, 2026.
お知らせ • Jan 14FirstService Corporation to Report Q4, 2025 Results on Feb 04, 2026FirstService Corporation announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Feb 04, 2026
Upcoming Dividend • Dec 24Upcoming dividend of US$0.28 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 07 January 2026. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.4%).
Declared Dividend • Dec 07Third quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 31st December 2025 Payment date: 7th January 2026 Dividend yield will be 0.7%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 17%.
お知らせ • Dec 04FirstService Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on January 7, 2026FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.275 per Common Share. The dividend is payable on January 7, 2026 to holders of Common Shares of record at the close of business on December 31, 2025. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.
Recent Insider Transactions • Nov 26Independent Director recently sold US$409k worth of stockOn the 20th of November, Joan Sproul sold around 3k shares on-market at roughly US$151 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$25m. Insiders have been net sellers, collectively disposing of US$64m more than they bought in the last 12 months.
Reported Earnings • Oct 24Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$1.26 (down from US$1.34 in 3Q 2024). Revenue: US$1.45b (up 3.7% from 3Q 2024). Net income: US$57.2m (down 5.6% from 3Q 2024). Profit margin: 3.9% (down from 4.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 7.4%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 24Firstservice Corporation Provides Revenue Guidance for the Fourth Quarter of 2025FirstService Corporation provided revenue guidance for the fourth quarter of 2025. The company expects a similar result in Q4, with revenues roughly matching the prior year quarter. In terms of outlook, to close out 2025, Scott has provided top line indicators by brand, which will aggregate to revenues roughly in line with prior year for upcoming fourth quarter.
Buy Or Sell Opportunity • Oct 18Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.9% to US$183. The fair value is estimated to be US$152, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 45% in the next 2 years.
お知らせ • Oct 09FirstService Corporation to Report Q3, 2025 Results on Oct 23, 2025FirstService Corporation announced that they will report Q3, 2025 results at 7:30 AM, US Eastern Standard Time on Oct 23, 2025
Upcoming Dividend • Sep 26Upcoming dividend of US$0.28 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 07 October 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.2%).
Recent Insider Transactions • Sep 14Independent Director recently sold US$1.2m worth of stockOn the 12th of September, Erin Wallace sold around 6k shares on-market at roughly US$206 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$5.0m. Insiders have been net sellers, collectively disposing of US$74m more than they bought in the last 12 months.
Declared Dividend • Sep 12Second quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 30th September 2025 Payment date: 7th October 2025 Dividend yield will be 0.5%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 20%.
お知らせ • Sep 10FirstService Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on October 7, 2025FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.275 per Common Share. The dividend is payable on October 7, 2025 to holders of Common Shares of record at the close of business on September 30, 2025. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.
Recent Insider Transactions • Aug 22President recently sold US$5.0m worth of stockOn the 20th of August, D. Patterson sold around 25k shares on-market at roughly US$201 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. D. has been a net seller over the last 12 months, reducing personal holdings by US$32m.
Recent Insider Transactions • Jul 31Chief Financial Officer recently sold US$753k worth of stockOn the 29th of July, Jeremy Rakusin sold around 4k shares on-market at roughly US$198 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeremy has been a net seller over the last 12 months, reducing personal holdings by US$7.5m.
Reported Earnings • Jul 25Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$1.01 (up from US$0.78 in 2Q 2024). Revenue: US$1.42b (up 9.1% from 2Q 2024). Net income: US$46.1m (up 32% from 2Q 2024). Profit margin: 3.3% (up from 2.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Jul 09FirstService Corporation to Report Q2, 2025 Results on Jul 24, 2025FirstService Corporation announced that they will report Q2, 2025 results at 7:30 AM, US Eastern Standard Time on Jul 24, 2025
Buy Or Sell Opportunity • Jul 01Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.4% to US$176. The fair value is estimated to be US$146, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 4.3%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 53% in the next 2 years.
Recent Insider Transactions • Jun 26Independent Director recently sold US$529k worth of stockOn the 24th of June, Erin Wallace sold around 3k shares on-market at roughly US$176 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$110m more than they bought in the last 12 months.
Upcoming Dividend • Jun 23Upcoming dividend of US$0.28 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 08 July 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (2.6%).
Recent Insider Transactions • Jun 15Independent Director recently sold US$445k worth of stockOn the 12th of June, Joan Sproul sold around 3k shares on-market at roughly US$178 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$110m more than they bought in the last 12 months.
Declared Dividend • May 12First quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 30th June 2025 Payment date: 8th July 2025 Dividend yield will be 0.6%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 23%.
お知らせ • May 07FirstService Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on July 8, 2025FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of $0.275 per Common Share. The dividend is payable on July 8, 2025 to holders of Common Shares of record at the close of business on June 30, 2025.
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Elizabeth Carducci was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: US$0.062 (down from US$0.14 in 1Q 2024). Revenue: US$1.25b (up 8.0% from 1Q 2024). Net income: US$2.80m (down 56% from 1Q 2024). Profit margin: 0.2% (down from 0.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 78%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Mar 24Upcoming dividend of US$0.28 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 07 April 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.3%).
お知らせ • Mar 12FirstService Corporation to Report Q1, 2025 Results on Apr 24, 2025FirstService Corporation announced that they will report Q1, 2025 results at 7:30 AM, Eastern Standard Time on Apr 24, 2025
Recent Insider Transactions • Feb 16President recently sold US$8.6m worth of stockOn the 13th of February, D. Patterson sold around 49k shares on-market at roughly US$174 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. D. has been a net seller over the last 12 months, reducing personal holdings by US$17m.
Declared Dividend • Feb 06Fourth quarter dividend increased to US$0.28Dividend of US$0.28 is 10% higher than last year. Ex-date: 31st March 2025 Payment date: 7th April 2025 Dividend yield will be 0.6%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 34%. Cash payout ratio: 26%.
Reported Earnings • Feb 05Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$2.99 (up from US$2.25 in FY 2023). Revenue: US$5.22b (up 20% from FY 2023). Net income: US$134.4m (up 34% from FY 2023). Profit margin: 2.6% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Feb 05FirstService Corporation, Annual General Meeting, Apr 02, 2025FirstService Corporation, Annual General Meeting, Apr 02, 2025.
お知らせ • Feb 04FirstService Corporation Declares Quarterly Dividend, Payable on April 7, 2025FirstService Corporation announced 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 USD 0.275 per Common Share, up from the previous USD 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.
Buy Or Sell Opportunity • Jan 15Now 21% overvaluedOver the last 90 days, the stock has fallen 4.5% to US$180. The fair value is estimated to be US$148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.
お知らせ • Jan 14FirstService Corporation to Report Q4, 2024 Results on Feb 05, 2025FirstService Corporation announced that they will report Q4, 2024 results at 7:30 AM, US Eastern Standard Time on Feb 05, 2025
Upcoming Dividend • Dec 24Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 07 January 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.4%).
Seeking Alpha • Dec 19FirstService: Brands Segment Offsets Residential Segment WeaknessSummary FirstService's Q3’24 results were strong, driven by 25% growth in restoration brands and the acquisition of Roofing Corp of America, despite challenges in the residential segment. The company expects Q4’24 revenue growth to exceed 20%, with annual consolidated revenue growth approaching 20% for FY’24, showing continued momentum and resilience. Risks include weather unpredictability affecting restoration services and regulatory challenges in the residential segment, but the company’s diversified business model mitigates these risks. FirstService's valuation at 23.0x EV/EBITDA is attractive given its strong EBITDA growth, making it a compelling investment with a solid balance sheet for future M&A. Read the full article on Seeking Alpha
Declared Dividend • Dec 09Third quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 31st December 2024 Payment date: 7th January 2025 Dividend yield will be 0.5%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 40%. Cash payout ratio: 22%.
お知らせ • Dec 06Firstservice Corporation Declares Quarterly Cash Dividend, Payable on January 7, 2025FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of USD 0.25 per Common Share. The dividend is payable on January 7, 2025 to holders of Common Shares of record at the close of business on December 31, 2024.
Recent Insider Transactions • Nov 15Senior VP recently sold US$3.9m worth of stockOn the 13th of November, Douglas Cooke sold around 21k shares on-market at roughly US$187 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$42m. Insiders have been net sellers, collectively disposing of US$101m more than they bought in the last 12 months.
Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$1.34 (up from US$0.73 in 3Q 2023). Revenue: US$1.40b (up 25% from 3Q 2023). Net income: US$60.5m (up 85% from 3Q 2023). Profit margin: 4.3% (up from 2.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 03FirstService Corporation to Report Q3, 2024 Results on Oct 24, 2024FirstService Corporation announced that they will report Q3, 2024 results at 7:30 AM, US Eastern Standard Time on Oct 24, 2024
Recent Insider Transactions • Sep 22Key Executive recently sold US$22m worth of stockOn the 17th of September, Jay Hennick sold around 122k shares on-market at roughly US$180 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$42m. Jay has been a net seller over the last 12 months, reducing personal holdings by US$64m.
Declared Dividend • Sep 13Second quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 30th September 2024 Payment date: 7th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 53%. Cash payout ratio: 21%.
お知らせ • Sep 11FirstService Corporation Declares Quarterly Cash Dividend, Payable on October 7, 2024FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of $0.25 per Common Share. The dividend is payable on October 7, 2024 to holders of Common Shares of record at the close of business on September 30, 2024.
Recent Insider Transactions • Aug 25Key Executive recently sold US$42m worth of stockOn the 23rd of August, Jay Hennick sold around 240k shares on-market at roughly US$175 per share. This transaction amounted to 7.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jay's only on-market trade for the last 12 months.
Seeking Alpha • Jul 29FirstService: Q2 Results Highlight Further Growth Ahead For This CompounderSummary FirstService is a real estate services company specializing in property management and maintenance. The company reported positive Q2'24 results, with revenues up 15.9% and adjusted EBITDA up 11.9%. With dominant market positions in several industries operating recognizable brands with geographical reach, the company has a scale advantage that enables it to achieve both organic and inorganic growth. The recent acquisition of CitiScape enhances FirstService's property management presence in the West Coast market, while the acquisition of two roofing businesses in Florida solidifies its position in the Southeastern U.S. Read the full article on Seeking Alpha
Reported Earnings • Jul 26Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: US$0.78 (down from US$1.02 in 2Q 2023). Revenue: US$1.30b (up 16% from 2Q 2023). Net income: US$35.1m (down 23% from 2Q 2023). Profit margin: 2.7% (down from 4.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 4.2%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jul 10Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at US$154. The fair value is estimated to be US$128, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 3.4%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 83% in the next 2 years.
お知らせ • Jul 10FirstService Corporation to Report Q2, 2024 Results on Jul 25, 2024FirstService Corporation announced that they will report Q2, 2024 results at 7:30 AM, US Eastern Standard Time on Jul 25, 2024
Buy Or Sell Opportunity • Jul 02Now 20% overvaluedOver the last 90 days, the stock has fallen 4.3% to US$154. The fair value is estimated to be US$128, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has declined by 3.4%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 83% in the next 2 years.
Recent Insider Transactions • Jun 25Independent Director recently sold US$602k worth of stockOn the 20th of June, Joan Sproul sold around 4k shares on-market at roughly US$150 per share. This transaction amounted to 70% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$36m more than they bought in the last 12 months.
お知らせ • Jun 13FirstService Corporation (TSX:FSV) acquired Citiscape Property Management Group Llc.FirstService Corporation (TSX:FSV) acquired Citiscape Property Management Group Llc on June 11, 2024.FirstService Corporation (TSX:FSV) completed the acquisition of Citiscape Property Management Group Llc on June 11, 2024.
Declared Dividend • May 10First quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 28th June 2024 Payment date: 5th July 2024 Dividend yield will be 0.6%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 46%. Cash payout ratio: 26%.
お知らせ • May 08FirstService Corporation Declares Quarterly Cash Dividend on Common Shares, Payable on July 5, 2024FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of $0.25 per Common Share. The dividend is payable on July 5, 2024 to holders of Common Shares of record at the close of business on June 28, 2024. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.
Reported Earnings • Apr 25First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: US$0.14 (down from US$0.36 in 1Q 2023). Revenue: US$1.16b (up 14% from 1Q 2023). Net income: US$6.31m (down 61% from 1Q 2023). Profit margin: 0.5% (down from 1.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year.
Recent Insider Transactions • Mar 25CEO & Non-Independent Director recently sold US$1.4m worth of stockOn the 21st of March, D. Patterson sold around 8k shares on-market at roughly US$170 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$7.9m. D. has been a net seller over the last 12 months, reducing personal holdings by US$16m.
お知らせ • Mar 22FirstService Corporation to Report Q1, 2024 Results on Apr 24, 2024FirstService Corporation announced that they will report Q1, 2024 results at 7:30 AM, US Eastern Standard Time on Apr 24, 2024
Upcoming Dividend • Mar 20Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 05 April 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.7%).
Recent Insider Transactions • Mar 18Senior VP recently sold US$897k worth of stockOn the 14th of March, Douglas Cooke sold around 5k shares on-market at roughly US$169 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$7.9m. Insiders have been net sellers, collectively disposing of US$34m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 28Insider recently bought US$1.2m worth of stockOn the 23rd of February, Alex Nguyen bought around 7k shares on-market at roughly US$166 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth US$3.1m. Despite this recent purchase, insiders have collectively sold US$20m more in shares than they bought in the last 12 months.
Reported Earnings • Feb 26Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: US$2.25 (down from US$2.74 in FY 2022). Revenue: US$4.33b (up 16% from FY 2022). Net income: US$100.4m (down 17% from FY 2022). Profit margin: 2.3% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
Recent Insider Transactions • Feb 20Senior VP recently sold US$1.7m worth of stockOn the 15th of February, Douglas Cooke sold around 10k shares on-market at roughly US$166 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$2.5m. Insiders have been net sellers, collectively disposing of US$13m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 14Insider recently bought US$3.1m worth of stockOn the 8th of February, Alex Nguyen bought around 38k shares on-market at roughly US$83.89 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$14m more in shares than they bought in the last 12 months.
Declared Dividend • Feb 07Third quarter dividend increased to US$0.25Dividend of US$0.25 is 11% higher than last year. Ex-date: 27th March 2024 Payment date: 5th April 2024 Dividend yield will be 0.6%, which is lower than the industry average of 3.2%. Payout Ratios Payout ratio: 29%. Cash payout ratio: 30%.
お知らせ • Feb 06+ 1 more updateFirstService Corporation, Annual General Meeting, Apr 03, 2024FirstService Corporation, Annual General Meeting, Apr 03, 2024.
お知らせ • Jan 10FirstService Corporation to Report Q4, 2023 Results on Feb 06, 2024FirstService Corporation announced that they will report Q4, 2023 results at 7:30 AM, Eastern Standard Time on Feb 06, 2024
Recent Insider Transactions • Dec 29Chief Financial Officer recently sold US$1.5m worth of stockOn the 22nd of December, Jeremy Rakusin sold around 9k shares on-market at roughly US$163 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeremy has been a net seller over the last 12 months, reducing personal holdings by US$8.2m.
Price Target Changed • Dec 24Price target increased by 7.6% to US$185Up from US$172, the current price target is an average from 2 analysts. New target price is 13% above last closing price of US$163. Stock is up 33% over the past year. The company is forecast to post earnings per share of US$2.78 for next year compared to US$2.74 last year.
Upcoming Dividend • Dec 21Upcoming dividend of US$0.23 per share at 0.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 05 January 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (3.1%).
お知らせ • Dec 19FirstService Corporation (TSX:FSV) acquired Roofing Corporation of America, LLC from Soundcore Capital Partners, LP for approximately $410 million.FirstService Corporation (TSX:FSV) acquired an unknown minority stake in Roofing Corporation of America, LLC from Soundcore Capital Partners, LP for approximately $410 million on December 15, 2023. The purchase price will be funded through a combination of cash on hand and funds drawn under FirstService’s existing revolving bank credit facility which now has total borrowing capacity of $1.25 billion after the recent exercise and bank syndicate approval of the $250 million accordion feature. As on December 18, 2023, Roofing Corporation of America, Inc. reported a revenue of approximately $400 million for the year ended December 31, 2022. Piper Sandler & Co. acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Soundcore Capital Partners, LP and Roofing Corporation of America, LLC. FirstService Corporation (TSX:FSV) completed the acquisition of an unknown minority stake in Roofing Corporation of America, LLC from Soundcore Capital Partners, LP on December 15, 2023.
お知らせ • Nov 29FirstService Corporation Declares Quarterly Cash Dividend, Payable on January 5, 2024FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of $0.225 per Common Share. The dividend is payable on January 5, 2024 to holders of Common Shares of record at the close of business on December 29, 2023. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.
Recent Insider Transactions • Nov 09Independent Director recently sold US$878k worth of stockOn the 3rd of November, Erin Wallace sold around 6k shares on-market at roughly US$149 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$20m more than they bought in the last 12 months.
Reported Earnings • Oct 27Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: EPS: US$0.73 (down from US$0.77 in 3Q 2022). Revenue: US$1.12b (up 16% from 3Q 2022). Net income: US$32.7m (down 4.5% from 3Q 2022). Profit margin: 2.9% (down from 3.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 06FirstService Corporation to Report Q3, 2023 Results on Oct 26, 2023FirstService Corporation announced that they will report Q3, 2023 results at 7:30 AM, US Eastern Standard Time on Oct 26, 2023
Upcoming Dividend • Sep 21Upcoming dividend of US$0.23 per share at 0.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 October 2023. Payout ratio is a comfortable 28% and the cash payout ratio is 86%. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (2.1%).
お知らせ • Sep 13FirstService Corporation Declares Quarterly Cash Dividend, Payable on October 6, 2023FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.225 per Common Share. The dividend is payable on October 6, 2023 to holders of Common Shares of record at the close of business on September 29, 2023. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.
Recent Insider Transactions • Aug 17Chief Financial Officer recently sold US$617k worth of stockOn the 11th of August, Jeremy Rakusin sold around 4k shares on-market at roughly US$154 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$2.3m. Jeremy has been a net seller over the last 12 months, reducing personal holdings by US$6.7m.
Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: US$1.02 (up from US$0.78 in 2Q 2022). Revenue: US$1.12b (up 20% from 2Q 2022). Net income: US$45.4m (up 31% from 2Q 2022). Profit margin: 4.1% (up from 3.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 12FirstService Corporation to Report Q2, 2023 Results on Jul 27, 2023FirstService Corporation announced that they will report Q2, 2023 results at 7:30 AM, US Eastern Standard Time on Jul 27, 2023
Recent Insider Transactions • Jul 06Insider recently sold US$2.3m worth of stockOn the 30th of June, Alex Nguyen sold around 15k shares on-market at roughly US$152 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$19m more than they bought in the last 12 months.
Upcoming Dividend • Jun 22Upcoming dividend of US$0.23 per share at 0.6% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 0.6%. Lower than top quartile of American dividend payers (5.0%). Lower than average of industry peers (2.3%).
Recent Insider Transactions • Jun 11Independent Director recently sold US$522k worth of stockOn the 6th of June, Joan Sproul sold around 4k shares on-market at roughly US$147 per share. This transaction amounted to 78% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$16m more than they bought in the last 12 months.
お知らせ • May 10Firstservice Corporation Declares Quarterly Dividend, Payable on July 7, 2023FirstService Corporation announced that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of USD 0.225 per Common Share. The dividend is payable on July 7, 2023 to holders of Common Shares of record at the close of business on June 30, 2023.
Recent Insider Transactions • May 06Independent Director recently sold US$55k worth of stockOn the 2nd of May, Joan Sproul sold around 375 shares on-market at roughly US$146 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$3.7m. Insiders have been net sellers, collectively disposing of US$15m more than they bought in the last 12 months.
Reported Earnings • Apr 27First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: US$0.36 (up from US$0.32 in 1Q 2022). Revenue: US$1.02b (up 22% from 1Q 2022). Net income: US$16.1m (up 14% from 1Q 2022). Profit margin: 1.6% (down from 1.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Real Estate industry in the US. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of US$0.23 per share at 0.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 11 April 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 0.7%. Lower than top quartile of American dividend payers (4.6%). Lower than average of industry peers (2.6%).