Firstservice Corp Stock Today

FSV Stock  USD 149.38  0.02  0.01%   

Performance

0 of 100

 
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Odds Of Distress

Less than 6

 
High
 
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Low
FirstService Corp is selling for under 149.38 as of the 19th of April 2024; that is -0.01 percent decrease since the beginning of the trading day. The stock's lowest day price was 148.92. FirstService Corp has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for FirstService Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Real Estate Management & Development
IPO Date
2nd of June 2015
Category
Real Estate
FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada. The company has 44.97 M outstanding shares of which 202.22 K shares are currently shorted by investors with about 2.76 days to cover. More on FirstService Corp

Moving together with FirstService Stock

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FirstService Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FirstService Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FirstService Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOCharles Fallon
Thematic IdeaReal Estate (View all Themes)
Business ConcentrationReal Estate Management & Development, Real Estate, NASDAQ Composite, NASDAQ Composite Total, SP TSX Composite, Real Estate, Real Estate Management & Development, Real Estate Services, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering FirstService Corp report their recommendations after researching FirstService Corp's financial statements, talking to executives and customers, or listening in on FirstService Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering FirstService Corp. The FirstService consensus assessment is calculated by taking the average forecast from all of the analysts covering FirstService Corp.
Financial Strength
Based on the analysis of FirstService Corp's profitability, liquidity, and operating efficiency, FirstService Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of FirstService Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.821.2237
Way Up
Slightly volatile
Gross Profit Margin0.360.2906
Fairly Up
Slightly volatile
Net Debt1.3 B1.2 B
Sufficiently Up
Slightly volatile
Total Current Liabilities452 M770.8 M
Way Down
Slightly volatile
Non Current Liabilities Total1.6 B1.5 B
Sufficiently Up
Slightly volatile
Total Assets3.8 B3.6 B
Sufficiently Up
Slightly volatile
Total Current Assets1.4 B1.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities299.8 M285.5 M
Sufficiently Up
Slightly volatile
FirstService Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to FirstService Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand FirstService Corp's financial leverage. It provides some insight into what part of FirstService Corp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on FirstService Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how FirstService Corp deploys its capital and how much of that capital is borrowed.
Liquidity
FirstService Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.41 B in debt with debt to equity (D/E) ratio of 0.83, which is OK given its current industry classification. FirstService Corp has a current ratio of 1.73, which is typical for the industry and considered as normal. Debt can assist FirstService Corp until it has trouble settling it off, either with new capital or with free cash flow. So, FirstService Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FirstService Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FirstService to invest in growth at high rates of return. When we think about FirstService Corp's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

58.5 Million
FirstService Corp (FSV) is traded on NASDAQ Exchange in USA. It is located in 1255 Bay Street, Toronto, ON, Canada, M5R 2A9 and employs 29,000 people. FirstService Corp is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FirstService Corp's market, we take the total number of its shares issued and multiply it by FirstService Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. FirstService Corp runs under Real Estate Management & Development sector within Real Estate industry. The entity has 44.97 M outstanding shares of which 202.22 K shares are currently shorted by investors with about 2.76 days to cover. FirstService Corp has about 160.48 M in cash with 285.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.63.
Check FirstService Corp Probability Of Bankruptcy
Ownership Allocation
FirstService Corp holds a total of 44.97 Million outstanding shares. The majority of FirstService Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in FirstService Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in FirstService Corp. Please pay attention to any change in the institutional holdings of FirstService Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check FirstService Ownership Details

FirstService Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of FirstService Corp jumping above the current price in 90 days from now is close to 99%. The FirstService Corp probability density function shows the probability of FirstService Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4118. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FirstService Corp will likely underperform. Additionally, firstService Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 149.38HorizonTargetOdds Above 149.38
0.23%90 days
 149.38 
99.76%
Based on a normal probability distribution, the odds of FirstService Corp to move above the current price in 90 days from now is close to 99 (This FirstService Corp probability density function shows the probability of FirstService Stock to fall within a particular range of prices over 90 days) .

FirstService Stock Institutional Holders

Institutional Holdings refers to the ownership stake in FirstService Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of FirstService Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing FirstService Corp's value.
InstituionRecorded OnShares
Goldman Sachs Group Inc2023-12-31
676.2 K
Renaissance Technologies Corp2023-12-31
646.2 K
Cibc Global Asset Management Inc2023-12-31
520.4 K
Norges Bank2023-12-31
509.2 K
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
504.3 K
Cibc World Markets Inc.2023-12-31
476.4 K
Royce & Associates, Lp2023-12-31
450.3 K
American Century Companies Inc2023-12-31
443.8 K
Morgan Stanley - Brokerage Accounts2023-12-31
417.5 K
Durable Capital Partners Lp2023-12-31
2.9 M
Mackenzie Investments2023-12-31
2.4 M
View FirstService Corp Diagnostics

FirstService Corp Historical Income Statement

FirstService Corp Income Statement is one of the three primary financial statements used for reporting FirstService's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of FirstService Corp revenue and expense. FirstService Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, FirstService Corp's Interest Income is fairly stable compared to the past year. View More Fundamentals

FirstService Stock Against Markets

Picking the right benchmark for FirstService Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FirstService Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FirstService Corp is critical whether you are bullish or bearish towards FirstService Corp at a given time. Please also check how FirstService Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in FirstService Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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FirstService Corp Corporate Directors

FirstService Corp corporate directors refer to members of a FirstService Corp board of directors. The board of directors generally takes responsibility for the FirstService Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of FirstService Corp's board members must vote for the resolution. The FirstService Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy FirstService Stock?

Before investing in FirstService Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in FirstService Corp. To buy FirstService Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of FirstService Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase FirstService Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located FirstService Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased FirstService Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as FirstService Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.

Already Invested in FirstService Corp?

The danger of trading FirstService Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FirstService Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FirstService Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FirstService Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether FirstService Corp is a strong investment it is important to analyze FirstService Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstService Corp's future performance. For an informed investment choice regarding FirstService Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstService Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running FirstService Corp's price analysis, check to measure FirstService Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstService Corp is operating at the current time. Most of FirstService Corp's value examination focuses on studying past and present price action to predict the probability of FirstService Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstService Corp's price. Additionally, you may evaluate how the addition of FirstService Corp to your portfolios can decrease your overall portfolio volatility.
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Is FirstService Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstService Corp. If investors know FirstService will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstService Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.84)
Dividend Share
0.9
Earnings Share
2.24
Revenue Per Share
97.282
Quarterly Revenue Growth
0.058
The market value of FirstService Corp is measured differently than its book value, which is the value of FirstService that is recorded on the company's balance sheet. Investors also form their own opinion of FirstService Corp's value that differs from its market value or its book value, called intrinsic value, which is FirstService Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstService Corp's market value can be influenced by many factors that don't directly affect FirstService Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstService Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstService Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstService Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.