Fiera Capital Future Growth

Future criteria checks 1/6

Fiera Capital's earnings are forecast to decline at 9.7% per annum while its annual revenue is expected to grow at 4% per year. EPS is expected to grow by 13.4% per annum. Return on equity is forecast to be 40.9% in 3 years.

Key information

-9.7%

Earnings growth rate

13.4%

EPS growth rate

Capital Markets earnings growth	47.1%
Revenue growth rate	4.0%
Future return on equity	40.9%
Analyst coverage	Low
Last updated	08 Nov 2024

Recent future growth updates

Recent updates

Some Confidence Is Lacking In Fiera Capital Corporation's (TSE:FSZ) P/E

Oct 29

With EPS Growth And More, Fiera Capital (TSE:FSZ) Makes An Interesting Case

Jun 28

After Leaping 26% Fiera Capital Corporation (TSE:FSZ) Shares Are Not Flying Under The Radar

Mar 01

Fiera Capital Corporation Just Beat EPS By 37%: Here's What Analysts Think Will Happen Next

Feb 28

Earnings and Revenue Growth Forecasts

TSX:FSZ - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	780	N/A	130	173	4
12/31/2025	744	52	116	162	5
12/31/2024	715	45	101	150	5
9/30/2024	716	65	136	140	N/A
6/30/2024	703	63	162	165	N/A
3/31/2024	698	69	123	126	N/A
12/31/2023	687	58	135	138	N/A
9/30/2023	660	22	144	147	N/A
6/30/2023	662	19	89	93	N/A
3/31/2023	666	19	121	126	N/A
12/31/2022	681	25	108	113	N/A
9/30/2022	738	58	139	144	N/A
6/30/2022	753	52	149	155	N/A
3/31/2022	756	55	160	170	N/A
12/31/2021	750	74	155	171	N/A
9/30/2021	700	37	147	168	N/A
6/30/2021	694	39	137	157	N/A
3/31/2021	695	11	130	148	N/A
12/31/2020	695	-3	134	145	N/A
9/30/2020	708	1	116	127	N/A
6/30/2020	698	-8	135	156	N/A
3/31/2020	680	1	115	144	N/A
12/31/2019	655	-13	119	150	N/A
9/30/2019	612	-19	108	137	N/A
6/30/2019	587	-13	89	111	N/A
3/31/2019	566	-9	96	111	N/A
12/31/2018	546	-5	92	106	N/A
9/30/2018	526	-3	60	91	N/A
6/30/2018	496	1	N/A	81	N/A
3/31/2018	477	4	N/A	60	N/A
12/31/2017	457	11	N/A	93	N/A
9/30/2017	436	15	N/A	71	N/A
6/30/2017	412	11	N/A	70	N/A
3/31/2017	378	18	N/A	70	N/A
12/31/2016	343	21	N/A	58	N/A
9/30/2016	297	25	N/A	56	N/A
6/30/2016	274	32	N/A	64	N/A
3/31/2016	266	31	N/A	65	N/A
12/31/2015	258	28	N/A	67	N/A
9/30/2015	249	30	N/A	65	N/A
6/30/2015	241	28	N/A	58	N/A
3/31/2015	230	29	N/A	60	N/A
12/31/2014	222	27	N/A	64	N/A
9/30/2014	213	24	N/A	55	N/A
6/30/2014	196	20	N/A	45	N/A
3/31/2014	173	16	N/A	37	N/A
12/31/2013	154	15	N/A	35	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FSZ's earnings are forecast to decline over the next 3 years (-9.7% per year).

Earnings vs Market: FSZ's earnings are forecast to decline over the next 3 years (-9.7% per year).

High Growth Earnings: FSZ's earnings are forecast to decline over the next 3 years.

Revenue vs Market: FSZ's revenue (4% per year) is forecast to grow slower than the Canadian market (7% per year).

High Growth Revenue: FSZ's revenue (4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FSZ's Return on Equity is forecast to be very high in 3 years time (40.9%).

Fiera Capital Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 10% to CA$10.21

Price target increased by 10% to CA$9.25

Price target increased by 8.2% to CA$8.60

Consensus EPS estimates increase by 26%

Price target increased by 7.6% to CA$6.54

Price target decreased by 7.0% to CA$8.28

Recent updates

Third quarter dividend increased to CA$0.22

Price target increased by 10% to CA$10.21

Fiera Capital Corporation Declares Quarterly Dividend Class A Share and Class B Share, Payable on December 19, 2024

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 24% overvalued after recent price rise

Price target increased by 10% to CA$9.25

Some Confidence Is Lacking In Fiera Capital Corporation's (TSE:FSZ) P/E

Price target increased by 8.2% to CA$8.60

Fiera Capital Corporation to Report Q3, 2024 Results on Nov 07, 2024

Executive Director recently sold CA$858k worth of stock

New minor risk - Insider selling

Executive Director recently sold CA$1.3m worth of stock

Executive Director recently sold CA$913k worth of stock

Second quarter dividend of CA$0.21 announced

Second quarter 2024 earnings: EPS misses analyst expectations

Fiera Capital Corporation Declares A Quarterly Dividend on Class A Share and Class B Share, Payable on September 19, 2024

Fiera Capital Corporation to Report Q2, 2024 Results on Aug 07, 2024

New minor risk - Shareholder dilution

With EPS Growth And More, Fiera Capital (TSE:FSZ) Makes An Interesting Case

First quarter dividend of CA$0.21 announced

First quarter 2024 earnings: Revenues exceed analyst expectations

Fiera Capital Corporation Declares Quarterly Dividend, Payable on June 20, 2024

Fiera Capital Corporation to Report Q1, 2024 Results on May 08, 2024

Insider recently sold CA$481k worth of stock

Fiera Capital Corporation, Annual General Meeting, May 23, 2024

Consensus EPS estimates increase by 26%

Fourth quarter dividend of CA$0.21 announced

After Leaping 26% Fiera Capital Corporation (TSE:FSZ) Shares Are Not Flying Under The Radar

Fiera Capital Corporation Declares Quarterly Dividend Class A Share and Class B Share, Payable on April 11, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 7.6% to CA$6.54

Fiera Capital Corporation to Report Q4, 2023 Results on Feb 28, 2024

Fiera Capital Corporation (TSE:FSZ) Looks Just Right With A 26% Price Jump

Fiera Capital Corp. Appoints Maxime Mnard as President and Chief Executive Officer of Fiera Canada and Global Private Wealth

Executive Director exercised options to buy CA$372k worth of stock.

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Fiera Capital Corporation Declares Quarterly Dividend, Payable on December 18, 2023

Fiera Capital Corporation's (TSE:FSZ) P/E Is On The Mark

Investor sentiment deteriorates as stock falls 26%

Fiera Capital Corporation Appoints Eric Roberts as Executive Director and Chief Executive Officer, Fiera USA

Fiera Capital Corporation to Report Q3, 2023 Results on Nov 08, 2023

Executive Director & Global CFO recently bought CA$57k worth of stock

Executive Director recently bought CA$56k worth of stock

New major risk - Dividend sustainability

Fiera Capital Corporation Declares Quarterly Dividend on Class A Share and Class B Share, Payable on September 20, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Fiera Capital Corporation Appoints Mandy Adamou as Managing Director, Head of Consultant Relations, EMEA & Asia

Fiera Capital Corporation to Report Q2, 2023 Results on Aug 10, 2023

New minor risk - Shareholder dilution

High number of new directors

Fiera Capital Corporation Appoints Annick Charbonneau as Director

Fiera Capital Corporation Appoints Klaus Schuster as Executive Director, Effective May 30, 2023

Price target decreased by 7.0% to CA$8.28

Fiera Capital Corporation Declares Quarterly Dividend, Payable on June 19, 2023

Price target decreased by 8.1% to CA$9.19

Consensus EPS estimates fall by 19%

Fiera Capital (TSE:FSZ) Has Affirmed Its Dividend Of CA$0.215

Full year 2022 earnings: EPS misses analyst expectations

Fiera Capital Corporation to Report Q4, 2022 Results on Feb 24, 2023

Fiera Capital Corporation Announces CEO Changes

Fiera Capital Corporation Appoints Wenzel Hoberg as Global Head of Real Estate

Insider recently sold CA$52k worth of stock

Fiera Capital's (TSE:FSZ) Dividend Will Be CA$0.215

High number of new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Fiera Capital Declares A Quarterly Dividend Payable on December 19, 2022

Fiera Capital Corporation to Report Q3, 2022 Results on Nov 09, 2022

Fiera Capital Corporation Intends Termination of imaxx Canadian Bond Fund and of imaxx Equity Growth Fund

Upcoming dividend of CA$0.21 per share