Joan Eloise Sproul Sells 1,100 Shares of FirstService Co. (TSE:FSV) Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Director Joan Eloise Sproul sold 1,100 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of C$205.96, for a total transaction of C$226,556.00.

Joan Eloise Sproul also recently made the following trade(s):

• On Friday, May 10th, Joan Eloise Sproul sold 150 shares of FirstService stock. The shares were sold at an average price of C$206.15, for a total transaction of C$30,922.50.

FirstService Stock Down 0.3 %

TSE:FSV opened at C$207.81 on Wednesday. The firm has a market capitalization of C$9.35 billion, a P/E ratio of 75.57, a PEG ratio of 107.75 and a beta of 0.92. FirstService Co. has a 1-year low of C$187.25 and a 1-year high of C$231.73. The company’s fifty day moving average price is C$204.52 and its 200-day moving average price is C$214.81. The company has a debt-to-equity ratio of 105.61, a current ratio of 1.84 and a quick ratio of 1.25.

FirstService (TSE:FSV) (NASDAQ:FSV) last released its quarterly earnings data on Wednesday, April 24th. The company reported C$0.75 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.79 by C($0.04). The business had revenue of C$1.56 billion during the quarter, compared to analyst estimates of C$1.53 billion. FirstService had a return on equity of 10.81% and a net margin of 2.03%. As a group, equities research analysts anticipate that FirstService Co. will post 6.5524661 EPS for the current year.

FirstService Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 5th. Stockholders of record on Friday, June 28th will be paid a $0.345 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.66%. This is a positive change from FirstService’s previous quarterly dividend of $0.34. FirstService’s dividend payout ratio is presently 49.82%.

FirstService Company Profile

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.