First National Financial Corp (TSE:FN) had its price target trimmed by Laurentian Bank of Canada from C$28.00 to C$27.00 in a report released on Thursday, July 27th, StockTargetPrices.com reports.
Several other research analysts also recently commented on the stock. National Bank Financial lifted their target price on shares of First National Financial Corp from C$24.00 to C$25.00 and gave the stock a sector perform rating in a report on Tuesday, July 25th. Royal Bank Of Canada downgraded shares of First National Financial Corp from a sector perform rating to an underperform rating and dropped their target price for the stock from C$27.00 to C$25.00 in a report on Wednesday, July 26th. Scotiabank reiterated a sector perform rating and issued a C$27.00 target price on shares of First National Financial Corp in a report on Wednesday, April 26th. Finally, TD Securities decreased their price target on shares of First National Financial Corp from C$28.00 to C$26.00 and set a hold rating on the stock in a research report on Thursday, April 27th.
First National Financial Corp (TSE:FN) traded up 0.24% during trading on Thursday, reaching $25.14. 12,473 shares of the company’s stock were exchanged. The company’s 50-day moving average is $26.34 and its 200-day moving average is $26.52. The company has a market capitalization of $1.51 billion and a PE ratio of 6.74. First National Financial Corp has a 1-year low of $22.18 and a 1-year high of $32.05.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Monday, July 31st will be given a dividend of $0.154 per share. This is a positive change from First National Financial Corp’s previous monthly dividend of $0.10. This represents a $1.85 annualized dividend and a dividend yield of 7.35%. The ex-dividend date of this dividend is Thursday, July 27th.
In other First National Financial Corp news, Director Robert William Pearce bought 3,500 shares of the firm’s stock in a transaction dated Friday, July 28th. The shares were acquired at an average cost of C$24.75 per share, for a total transaction of C$86,625.00.
About First National Financial Corp
First National Financial Corporation is a Canada-based parent company of First National Financial LP (FNFLP), which is an originator, underwriter and servicer of prime residential (single-family and multi-unit) and commercial mortgages. The Company operates through two segments: Residential (which includes single-family residential mortgages) and Commercial (which includes multi-unit residential and commercial mortgages).
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