First National Financial Co. (TSE:FN) to Issue $0.20 Monthly Dividend

First National Financial Co. (TSE:FN) declared a monthly dividend on Tuesday, October 15th, Zacks reports. Stockholders of record on Thursday, October 31st will be given a dividend of 0.204 per share on Friday, November 15th. This represents a $2.45 annualized dividend and a dividend yield of 5.96%. The ex-dividend date is Thursday, October 31st.

First National Financial Stock Up 1.0 %

FN opened at C$41.05 on Wednesday. The company has a market cap of C$2.46 billion, a P/E ratio of 10.80, a P/E/G ratio of 0.70 and a beta of 1.04. The business’s 50-day moving average price is C$38.67 and its 200-day moving average price is C$37.37. 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. First National Financial has a 12 month low of C$34.29 and a 12 month high of C$41.41.

First National Financial (TSE:FN) last posted its earnings results on Tuesday, July 30th. The company reported C$0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.93 by C($0.04). The business had revenue of C$205.45 million during the quarter, compared to the consensus estimate of C$227.10 million. First National Financial had a return on equity of 30.22% and a net margin of 32.60%. On average, equities analysts expect that First National Financial will post 4.0243655 EPS for the current year.

Insider Buying and Selling at First National Financial

In other news, insider FNSC Holdings Inc. acquired 25,774 shares of the business’s stock in a transaction on Monday, October 7th. The shares were acquired at an average cost of C$38.81 per share, with a total value of C$1,000,288.94. Insiders own 71.45% of the company’s stock.

Analyst Ratings Changes

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

About First National Financial

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.