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

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

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

Insiders Place Their Bets

In related news, insider FNSC Holdings Inc. bought 742 shares of First National Financial stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average cost of C$40.50 per share, with a total value of C$30,051.00. Insiders acquired 112,368 shares of company stock worth $4,775,913 over the last ninety days. 71.45% of the stock is currently owned by corporate insiders.

First National Financial Trading Up 0.5 %

First National Financial stock opened at C$40.30 on Monday. The business has a 50 day moving average price of C$41.64 and a two-hundred day moving average price of C$39.37. 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 12 month low of C$35.15 and a 12 month high of C$45.10. The stock has a market cap of C$2.42 billion, a price-to-earnings 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. This represents a yield of 1.71%. The ex-dividend date was Friday, November 29th. First National Financial’s payout ratio is presently 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.