First National Financial Co. (TSE:FN) Receives Average Recommendation of “Hold” from Analysts

First National Financial Co. (TSE:FN) has been given an average rating of “Hold” by the six research firms that are currently covering the company, MarketBeat Ratings reports. Four investment 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 brokers that have issued ratings on the stock in the last year is C$42.67.

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

Insider Activity

In related news, insider FNSC Holdings Inc. acquired 105,214 shares of the stock in a transaction that occurred on Thursday, November 14th. The shares were acquired at an average price of C$42.73 per share, for a total transaction of C$4,495,794.22. Over the last ninety days, insiders purchased 112,368 shares of company stock valued at $4,775,913. 71.45% of the stock is currently owned by insiders.

First National Financial Stock Up 0.5 %

FN opened at C$40.30 on Monday. First National Financial has a 1 year low of C$35.15 and a 1 year high of C$45.10. The firm has a 50 day moving average price of C$41.64 and a 200 day moving average price of C$39.37. 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. The company has a market cap of C$2.42 billion, a PE ratio of 10.61, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04.

First National Financial Dividend Announcement

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

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.