Analysts Set First National Financial Co. (TSE:FN) Price Target at C$42.67

First National Financial Co. (TSE:FN) has been assigned an average rating of “Hold” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$42.67.

A number of equities research analysts have recently weighed in on the company. CIBC boosted 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. National Bankshares boosted their price objective on First National Financial from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 30th. Finally, TD Securities raised their target price on shares of First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th.

First National Financial Stock Performance

First National Financial stock opened at C$40.30 on Thursday. The firm has a fifty day simple moving average of C$41.95 and a two-hundred day simple moving average of C$38.88. The company has a quick ratio of 10.11, a current ratio of 8.92 and a debt-to-equity ratio of 6,280.61. First National Financial has a twelve month low of C$35.15 and a twelve month high of C$45.10. The company has a market capitalization of C$2.42 billion, a PE ratio of 10.61, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a dividend of $0.708 per share. This represents a yield of 1.71%. The ex-dividend date of this dividend was Friday, November 29th. First National Financial’s payout ratio is currently 64.47%.

Insider Transactions at First National Financial

In other news, insider FNSC Holdings Inc. purchased 742 shares of First National Financial stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average cost of C$40.50 per share, with a total value of C$30,051.00. In the last ninety days, insiders purchased 131,730 shares of company stock valued at $5,526,134. Company insiders own 71.45% of the company’s stock.

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.