First National Financial Co. (TSE:FN) Director Stephen Smith acquired 11,124 shares of the business’s stock in a transaction dated Thursday, March 15th. The stock was purchased at an average cost of C$26.97 per share, with a total value of C$300,014.28.
FN opened at C$26.01 on Monday. First National Financial Co. has a 52-week low of C$22.18 and a 52-week high of C$29.99.
First National Financial (TSE:FN) last released its quarterly earnings data on Tuesday, February 27th. The company reported C$0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.74 by C$0.01. First National Financial had a net margin of 17.02% and a return on equity of 38.00%. The company had revenue of C$270.02 million during the quarter, compared to the consensus estimate of C$129.30 million.
The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 16th. Shareholders of record on Monday, April 16th will be paid a dividend of $0.1542 per share. The ex-dividend date is Wednesday, March 28th. This represents a $1.85 annualized dividend and a yield of 7.11%.
Separately, National Bank Financial boosted their target price on shares of First National Financial from C$25.00 to C$26.00 and gave the company an “underperform” rating in a report on Thursday, February 1st.
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About First National Financial
First National Financial Corporation, through its subsidiaries, originates, underwrites, and services residential and commercial mortgages in Canada. It offers single family residential, and multi-unit residential and commercial mortgages, as well as engages in the mortgage broker distribution channel operations.
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