TSE:FN FY2025 EPS Forecast Cut by National Bank Financial

First National Financial Co. (TSE:FN) – National Bank Financial cut their FY2025 earnings estimates for shares of First National Financial in a research note issued on Tuesday, March 4th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $4.23 per share for the year, down from their previous forecast of $4.38. The consensus estimate for First National Financial’s current full-year earnings is $4.02 per share.

FN has been the subject of several other reports. Scotiabank lifted their target price on shares of First National Financial from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a report on Thursday. BMO Capital Markets boosted their price target on shares of First National Financial from C$41.00 to C$42.00 in a report on Thursday. Finally, TD Securities cut their price target on shares of First National Financial from C$46.00 to C$45.00 and set a “buy” rating for the company in a report on Thursday. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of C$43.17.

First National Financial Price Performance

TSE:FN opened at C$40.59 on Friday. The firm has a market cap of C$2.44 billion, a price-to-earnings ratio of 13.22, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. The company has a 50 day moving average price of C$40.43 and a 200-day moving average price of C$40.29. First National Financial has a 1-year low of C$35.15 and a 1-year high of C$45.10.

Insider Buying and Selling

In other First National Financial news, insider FNSC Holdings Inc. bought 6,412 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was acquired at an average price of C$39.00 per share, with a total value of C$250,068.00. In the last quarter, insiders purchased 31,950 shares of company stock valued at $1,280,390. 71.45% of the stock is owned by corporate insiders.

First National Financial Company Profile

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages.