First National Financial Co. (FN) To Go Ex-Dividend on September 27th

First National Financial Co. (TSE:FN) announced 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 annualized dividend and a yield of 6.39%. The ex-dividend date of this dividend is Friday, September 27th.

First National Financial Stock Performance

TSE FN traded up C$0.01 during trading hours on Wednesday, hitting C$38.32. The company had a trading volume of 1,513 shares, compared to its average volume of 30,646. First National Financial has a fifty-two week low of C$32.86 and a fifty-two week high of C$41.41. 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. The business has a fifty day simple moving average of C$37.18 and a 200-day simple moving average of C$36.90. The firm has a market cap of C$2.30 billion, a P/E ratio of 10.08, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04.

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

Insider Buying and Selling

In other news, insider FNSC Holdings Inc. bought 41,145 shares of the stock in a transaction that occurred on Wednesday, July 10th. The shares were purchased at an average cost of C$35.86 per share, with a total value of C$1,475,459.70. 71.45% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Scotiabank increased their target price 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 given a buy rating to the stock. According to MarketBeat, First National Financial has an average rating of “Hold” and an average price target of C$40.67.

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.