Brokerages Set First National Financial Co. (TSE:FN) Target Price at C$42.67

First National Financial Co. (TSE:FN) has been given a consensus rating of “Hold” by the six ratings firms that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$42.67.

A number of research firms have recently weighed in on FN. CIBC upped their price objective on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. National Bankshares upped 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 report on Wednesday, October 30th. Finally, TD Securities upped their price objective on First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th.

First National Financial Stock Up 2.1 %

TSE:FN opened at C$39.80 on Monday. First National Financial has a 52 week low of C$35.15 and a 52 week high of C$45.10. The stock’s fifty day moving average is C$41.75 and its two-hundred day moving average is C$39.28. 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 stock has a market capitalization of C$2.39 billion, a price-to-earnings ratio of 10.47, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04.

First National Financial Announces Dividend

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

Insider Activity at First National Financial

In other news, insider FNSC Holdings Inc. acquired 105,214 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were bought at an average price of C$42.73 per share, with a total value of C$4,495,794.22. Insiders have acquired 112,368 shares of company stock valued at $4,775,913 over the last quarter. 71.45% of the stock is owned by insiders.

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.