Q4 Earnings Forecast for Fiera Capital Issued By Desjardins

Fiera Capital Co. (TSE:FSZ) – Desjardins upped their Q4 2024 earnings estimates for Fiera Capital in a research report issued on Wednesday, October 23rd. Desjardins analyst G. Ho now forecasts that the company will post earnings of $0.33 per share for the quarter, up from their prior forecast of $0.32. Desjardins has a “Hold” rating and a $9.00 price objective on the stock. The consensus estimate for Fiera Capital’s current full-year earnings is $1.09 per share. Desjardins also issued estimates for Fiera Capital’s FY2026 earnings at $1.17 EPS.

Fiera Capital (TSE:FSZ) last issued its quarterly earnings data on Wednesday, August 7th. The company reported C$0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.19 by C$0.04. The firm had revenue of C$164.79 million during the quarter, compared to analysts’ expectations of C$160.80 million. Fiera Capital had a net margin of 8.97% and a return on equity of 22.95%.

Several other research firms have also weighed in on FSZ. National Bank Financial lowered Fiera Capital from a “hold” rating to a “strong sell” rating in a report on Sunday, July 28th. National Bankshares cut shares of Fiera Capital from a “sector perform” rating to an “underperform” rating and boosted their price objective for the stock from C$7.00 to C$8.00 in a research note on Monday, July 29th. Scotiabank raised their target price on shares of Fiera Capital from C$8.50 to C$9.00 in a research note on Wednesday, July 24th. CIBC dropped their target price on shares of Fiera Capital from C$9.00 to C$8.00 in a report on Thursday, August 8th. Finally, TD Securities decreased their price target on shares of Fiera Capital from C$8.00 to C$7.50 in a report on Thursday, August 8th. Two investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$8.14.

Fiera Capital Price Performance

Shares of TSE:FSZ opened at C$9.26 on Friday. The company has a debt-to-equity ratio of 259.56, a current ratio of 1.39 and a quick ratio of 1.05. The stock has a market capitalization of C$812.57 million, a P/E ratio of 17.15, a P/E/G ratio of -0.87 and a beta of 1.64. The business has a 50-day moving average of C$8.07 and a two-hundred day moving average of C$7.69. Fiera Capital has a fifty-two week low of C$4.32 and a fifty-two week high of C$9.32.

Insider Activity at Fiera Capital

In related news, Senior Officer John Valentini sold 28,000 shares of the business’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$8.57, for a total transaction of C$240,046.80. In other Fiera Capital news, Senior Officer John Valentini sold 28,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$8.57, for a total transaction of C$240,046.80. Also, insider FIERA CAPITAL S.E.C. sold 10,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of C$7.30, for a total value of C$73,049.00. Over the last 90 days, insiders sold 207,400 shares of company stock worth $1,601,622. Company insiders own 0.86% of the company’s stock.

Fiera Capital Company Profile

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.