First National Financial Co. (TSE:FN) Declares $0.71 Annual Dividend

First National Financial Co. (TSE:FN) declared an annual dividend on Tuesday, October 29th,Zacks Dividends reports. Investors of record on Friday, November 29th will be paid a dividend of 0.708 per share on Friday, December 13th. This represents a yield of 1.71%. The ex-dividend date of this dividend is Friday, November 29th.

First National Financial Stock Performance

Shares of TSE:FN traded up C$0.21 during midday trading on Wednesday, reaching C$44.65. The company’s stock had a trading volume of 15,000 shares, compared to its average volume of 30,704. The firm has a market capitalization of C$2.68 billion, a PE ratio of 11.69, a P/E/G ratio of 0.70 and a beta of 1.04. The stock has a fifty day moving average of C$40.82 and a 200 day moving average of C$38.12. First National Financial has a twelve month low of C$35.15 and a twelve month high of C$45.10. 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.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FN. National Bankshares increased their price target on shares of First National Financial from C$41.00 to C$42.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. CIBC increased their target price on shares of First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Finally, TD Securities lifted their price target on First National Financial from C$42.00 to C$46.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of C$42.67.

Insider Buying and Selling at First National Financial

In related news, insider FNSC Holdings Inc. purchased 105,214 shares of First National Financial stock in a transaction dated Thursday, November 14th. The shares were acquired at an average price of C$42.73 per share, for a total transaction of C$4,495,794.22. In the last quarter, insiders acquired 147,553 shares of company stock worth $6,146,094. Insiders own 71.45% of the company’s stock.

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.