First National Financial Co. (TSE:FN) Declares $0.71 Annual Dividend

First National Financial Co. (TSE:FN) declared an annual dividend on Tuesday, October 29th,Zacks Dividends reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.708 per share on Friday, December 13th. This represents a yield of 1.71%. The ex-dividend date of this dividend is Friday, November 29th.

First National Financial Price Performance

FN traded up C$0.27 on Wednesday, reaching C$44.71. The company had a trading volume of 16,494 shares, compared to its average volume of 30,707. First National Financial has a one year low of C$35.15 and a one year high of C$45.10. The company has a market capitalization of C$2.68 billion, a P/E ratio of 11.75, a PEG ratio of 0.70 and a beta of 1.04. The company has a fifty day moving average of C$40.82 and a 200-day moving average of C$38.12. The company has a current ratio of 8.92, a quick ratio of 10.11 and a debt-to-equity ratio of 6,280.61.

Insider Activity

In other news, insider FNSC Holdings Inc. purchased 16,565 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were acquired at an average price of C$39.24 per share, for a total transaction of C$650,010.60. In the last 90 days, insiders purchased 147,553 shares of company stock worth $6,146,094. Insiders own 71.45% of the company’s stock.

Analysts Set New Price Targets

FN has been the topic of several recent analyst reports. National Bankshares boosted their target price on First National Financial from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. TD Securities boosted their price objective on First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Finally, CIBC raised their target price on First National Financial from C$40.00 to C$44.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$42.67.

First National Financial Company Profile

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.