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

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Director Joan Eloise Sproul sold 1,100 shares of the firm’s stock in a transaction dated 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 stock was sold at an average price of C$206.15, for a total transaction of C$30,922.50.

FirstService Stock Performance

Shares of TSE:FSV opened at C$204.99 on Thursday. The company’s 50 day simple moving average is C$204.52 and its 200 day simple moving average 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 Co. has a 1 year low of C$187.25 and a 1 year high of C$231.73. The stock has a market capitalization of C$9.22 billion, a price-to-earnings ratio of 74.54, a price-to-earnings-growth ratio of 107.75 and a beta of 0.92.

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

FirstService Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 5th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.345 per share. This represents a $1.38 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend is Friday, June 28th. This is a boost from FirstService’s previous quarterly dividend of $0.34. FirstService’s 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.