FirstService Q2 EPS Beats Estimates, Stock Rises 3%

FirstService reported second-quarter earnings above consensus and set a September 30 record date for its next dividend payment.
Key points
- FirstService Q2 EPS of USD 1.75 beat the USD 1.71 consensus estimate by USD 0.04.
- The stock closed at USD 132.95, up 2.97 percent, with a market cap of USD 5.81 billion.
- A quarterly dividend of USD 0.305 per share will be paid on October 7, 2026.
FirstService Corporation closed at USD 132.95 on Nasdaq on September 21, 2026, marking a 2.97 percent gain. The property-services firm, with a market capitalization of USD 5.81 billion, traded well below its 52-week high of USD 202.04 despite the positive session.
The price movement followed the release of second-quarter results reported on July 23, 2026. The company posted earnings per share of USD 1.75, exceeding the consensus estimate of USD 1.71 by USD 0.04, according to data cited by AD HOC NEWS.
Revenue and margin performance
Revenue for the quarter reached USD 1.44 billion, matching analyst expectations and representing a 2.4 percent increase from the same period last year. The company recorded a net margin of 2.88 percent and a return on equity of 18.07 percent for the reporting period.
Valuation and forward targets
Market sentiment remains cautiously optimistic, with a consensus rating of Moderate Buy based on eight buy and four hold recommendations. The average price target stands at USD 184.20, significantly above the current share price, though the stock has declined 14.8 percent since the start of 2026.
Valuation metrics present a mixed picture, with a price-to-earnings ratio of 37.66. The 52-week trading range spans from USD 119.41 to USD 202.04, reflecting the stock's volatility and current discount to its peak levels.
Upcoming dividend schedule
FirstService has set September 30, 2026, as the record date for its quarterly dividend of USD 0.305 per share. Payment is scheduled for October 7, 2026, resulting in an annualized dividend of USD 1.22 and an indicated yield of 0.9 percent.






