First National Financial Co. (TSE:FN) Declares Monthly Dividend of $0.20

First National Financial Co. (TSE:FN) declared a monthly dividend on Monday, September 16th, Zacks reports. Shareholders of record on Friday, September 27th will be paid a dividend of 0.204 per share on Tuesday, October 15th. This represents a $2.45 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date of this dividend is Friday, September 27th.

First National Financial Stock Down 0.0 %

TSE:FN opened at C$38.30 on Wednesday. The company’s 50-day simple moving average is C$37.18 and its 200-day simple moving average is C$36.90. The company has a debt-to-equity ratio of 6,280.61, a quick ratio of 10.11 and a current ratio of 8.92. First National Financial has a fifty-two week low of C$32.86 and a fifty-two week high of C$41.41. The stock has a market capitalization of C$2.30 billion, a P/E ratio of 10.08, a P/E/G ratio of 0.70 and a beta of 1.04.

First National Financial (TSE:FN) last posted its earnings results on Tuesday, July 30th. The company reported C$0.89 EPS for the quarter, missing analysts’ consensus estimates of C$0.93 by C($0.04). First National Financial had a net margin of 32.60% and a return on equity of 30.22%. The firm had revenue of C$205.45 million for the quarter, compared to analysts’ expectations of C$227.10 million. On average, equities analysts anticipate that First National Financial will post 4.0384205 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Scotiabank raised their price objective on First National Financial from C$41.00 to C$44.00 in a research report on Wednesday, July 24th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of C$40.67.

Insider Buying and Selling at First National Financial

In other news, insider FNSC Holdings Inc. bought 41,145 shares of First National Financial stock in a transaction that occurred on Wednesday, July 10th. The stock was bought at an average price of C$35.86 per share, for a total transaction of C$1,475,459.70. 71.45% of the stock is currently owned by company insiders.

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.