FirstService Corporation (FSV) AI Stock Analysis

FirstService Corporation provides property services across residential and commercial sectors throughout the United States and Canada. It operates via two segments: FirstService Residential and FirstService Brands. FirstService Residential manages private residential communities, including condominiums, co-operatives, homeowner associations, and master-planned developments, offering building maintenance staffing, amenity management, security, property insurance brokerage, energy management, advisory, and resale processing services. FirstService Brands provides residential and commercial property services through franchise networks and company-owned locations, featuring brands such as Paul Davis Restoration, CertaPro Painters, California Closets, and Floor Coverings International.

Revenue expanded from $3.25B in FY2021 to $5.52B in FY2025, reflecting a 5-year revenue CAGR of 14.8%. However, annual revenue growth decelerated from 20.4% in FY2024 to 5.8% in FY2025. Over the same timeframe, gross margin adjusted from 32.2% in FY2021 to 31.8% in FY2025, while operating margin went from 6.2% to 6.1%. Net income totaled $145.6M in FY2025, generating EPS of $5.76. In the latest quarter ended June 30, 2026, quarterly revenue grew 2.4% year-over-year, while quarterly earnings declined 1.1%.

As of June 30, 2026, FirstService held $173.4M in cash and short-term investments against total debt of $1.56B, resulting in net debt of $1.38B. The company recorded a current ratio of 1.67 and a debt-to-equity ratio of 1.28 against shareholders' equity of $1.22B. Operating cash flow improved to $453.7M in FY2025, with free cash flow standing at $323.8M after capital expenditures of $129.9M. The company also allocated $48.9M toward dividends paid during FY2025.

FSV trades at a trailing P/E of 38.5x, above the median of its US-listed Real Estate peers of 21.6x. Its forward P/E of 19.5x and enterprise value-to-EBITDA of 13.0x compare to peer medians of 23.5x and 14.7x, respectively. The company carries a price-to-sales multiple of 1.1x versus the peer median of 3.7x. Over the past year, FSV fell 25.2% against a 16.8% gain for the S&P 500 (SPY), and its 5-year return sits at -27.9% compared to an 83.0% gain for the benchmark.

FirstService Corporation pays a quarterly dividend, supported by a forward annual dividend of $1.22 per share, representing a dividend yield of 0.90%. The company has maintained consecutive dividend payments for 12 years and shows a 5-year annualized dividend growth rate of 10.8%. The payout ratio stands at 20.9%, with the last ex-dividend date on September 30, 2026.

Wall Street coverage includes 5 Strong Buy, 3 Buy, and 2 Hold recommendations, with no Sell or Strong Sell ratings. The mean price target is $173.25, representing a 27.7% premium over the last close of $135.67. Consensus estimates project current fiscal year revenue of $5.73B and EPS of $6.12, reflecting 6.5% earnings growth. FirstService has beaten EPS estimates in each of the last 4 quarters, with the next earnings release scheduled for October 22, 2026.

This page is an AI-written research summary of FirstService Corporation (FSV). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: FSV income statement, FSV balance sheet, FSV key metrics, FSV analyst forecast, FSV chart. See the FSV stock overview for the latest quote and news.