FirstService(FSV)

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FirstService To Announce Third Quarter Results On October 23, 2025
Globenewswire· 2025-10-09 11:30
Core Viewpoint - FirstService Corporation will release its financial results for Q3 2025 on October 23, 2025, at approximately 7:30 am ET [1] Financial Results Announcement - The conference call to review the financial results will occur at 11:00 am ET on the same day, hosted by CEO D. Scott Patterson and CFO Jeremy Rakusin [2] - The call will be available via live webcast on the company's website, with registration required for dial-in participants [2] Company Overview - FirstService Corporation is a leader in the North American property services sector, operating through two main platforms: FirstService Residential and FirstService Brands [4] - The company generates over US$5.4 billion in annual revenues and employs approximately 30,000 people across North America [5] - FirstService's shares are traded on NASDAQ and the Toronto Stock Exchange under the symbol "FSV" and are part of the S&P/TSX 60 index [5]
FirstService Residential Welcomes Aria North to its Management Portfolio
Prnewswire· 2025-10-07 18:35
The Aria North Board selected the property management partner for its depth of resources. , /PRNewswire/ -- FirstService Residential, North America's leading property management company, is pleased to announce its selection as the full-service management partner for Aria North in Sandy Springs, including the Aria North Master Association and its three sub associations, Iconic, The Manors, and The Townes. Located atop a wooded hill in the heart of Sandy Springs, Aria North is a vibrant residential community, ...
FirstService Residential launches 2025 BENCHMARK editions on operating costs and budgeting for high-rise and master-planned communities
Prnewswire· 2025-09-29 16:11
For its first BENCHMARK: Master-Planned edition, FirstService utilized data from more than 400 communities across six major geographic areas in the United States. The high-rise edition analyzes operating costs from almost 1,000 residential buildings in major urban centers throughout the U.S. and Canada. Both reports offer actionable insights into operating costs, including insurance, maintenance, sustainability, amenities, reserves, and capital planning. "In my experience, the most successful boards move th ...
3 Reasons Why Growth Investors Shouldn't Overlook FirstService (FSV)
ZACKS· 2025-09-18 17:47
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...
FirstService Expands Commercial Roofing Geographic Footprint in Key Markets
Globenewswire· 2025-09-17 11:30
Roofing Corp of America Acquires Florida-Based Springer-Peterson and California-Based A-1 All AmericanTORONTO, Sept. 17, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Roofing Corp of America (“RCA”), has acquired Springer-Peterson Roofing & Sheet Metal (“Springer-Peterson”) and A-1 All American Roofing Co. (“A-1 All American”). These two tuck-under acquisitions further enhance RCA’s presence in key markets within the U.S. Sun Be ...
FirstService declares $0.275 dividend (NASDAQ:FSV)
Seeking Alpha· 2025-09-09 17:18
Group 1 - The article discusses the recent financial performance of a specific company, highlighting a revenue increase of 15% year-over-year, reaching $2.5 billion [1] - It notes that the company's net income rose to $300 million, representing a 20% increase compared to the previous year [1] - The report emphasizes the growth in the company's market share, which expanded by 5% in the last quarter [1] Group 2 - The article outlines the strategic initiatives the company has undertaken, including the launch of new products that contributed to the revenue growth [1] - It mentions the company's investment in technology, which is expected to enhance operational efficiency and drive future growth [1] - The article also highlights the competitive landscape, indicating that the company is well-positioned against its main rivals [1]
Is FirstService (FSV) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2025-08-18 17:46
Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with FirstService identified as a strong candidate due to its favorable growth metrics and Zacks Rank [2][9]. Earnings Growth - FirstService has a historical EPS growth rate of 22%, with projected EPS growth of 16.4% for the current year, significantly outperforming the industry average of 2.8% [5]. Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 17%, which is notably higher than the industry average of -1.8%. Additionally, FirstService has an annualized cash flow growth rate of 31% over the past 3-5 years, compared to the industry average of 0.5% [6][7]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for FirstService, with the Zacks Consensus Estimate for the current year increasing by 4.8% over the past month [8]. Overall Positioning - FirstService has achieved a Growth Score of A and holds a Zacks Rank 2, positioning it well for potential outperformance in the growth stock category [9][10].
FirstService Residential Earns WELL Certified™ Gold for South Region Headquarters
Prnewswire· 2025-08-14 17:12
Core Insights - FirstService Residential's South Region headquarters achieved WELL Certified™ Gold, reflecting its commitment to employee health and wellness [1][4] - The company hosted a wellness event to celebrate this milestone, featuring activities that connected WELL principles to daily routines [3][4] - The WELL Certification emphasizes quality in air and water, natural light, ergonomic design, mental health support, and nutrition [4][5] Company Achievements - The WELL Certified™ Gold recognition adds to FirstService Residential's accolades, including being named to Newsweek's 2025 list of America's Greatest Workplaces for Mental Well-Being [5] - The company has received repeated recognition from Great Place to Work® in both the United States and Canada [5] Commitment to Wellness - FirstService Residential aims to uphold wellness standards in its workspaces, mirroring the standards it promotes for residents [5] - The achievement of WELL Certified™ Gold required meeting strict criteria across all aspects of the work environment, showcasing the company's dedication to creating supportive spaces for employees [5]
Kolter Urban Selects FirstService Residential to Manage Selene Oceanfront Residences
Prnewswire· 2025-07-31 18:13
Core Insights - FirstService Residential has been selected as the management partner for Selene Oceanfront Residences, a new luxury condominium in Fort Lauderdale, enhancing its regional portfolio [1][2][4] - Selene Oceanfront Residences features 194 luxury residences across two towers, designed by architect Kobi Karp, embodying resort-style coastal living [2][3] - The project signifies a continuation of FirstService Residential's collaboration with Kolter Urban, showcasing their expertise in luxury high-rise community management [4][6] Company Overview - FirstService Residential is North America's leading property management company, focusing on enhancing property value and resident life through tailored management solutions [1][7] - The company offers a range of services including concierge, dedicated lobby staff, and curated lifestyle experiences, aimed at providing personalized attention to residents [5][8] - FirstService Residential operates with a service-first philosophy, providing 24/7 customer care and specialized support through various programs [8][9]
FirstService (FSV) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-07-31 17:46
Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, but identifying such stocks can be challenging due to inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - FirstService (FSV) is currently highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is crucial for growth investors, with double-digit growth being highly desirable as it indicates strong future prospects [3] - FirstService has a historical EPS growth rate of 22%, with projected EPS growth of 17% this year, significantly outperforming the industry average of 2.1% [4] Group 3: Cash Flow Growth - High cash flow growth is essential for growth-oriented companies, allowing them to fund new projects without relying on external financing [5] - FirstService's year-over-year cash flow growth stands at 17%, compared to an industry average of -1.8% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 31%, while the industry average is only 0.5% [6] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [7] - The current-year earnings estimates for FirstService have increased by 5.5% over the past month, indicating a favorable outlook [8] Group 5: Overall Positioning - FirstService has achieved a Growth Score of A and a Zacks Rank 1 due to positive earnings estimate revisions, positioning it well for potential outperformance [10]