FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment provides property services through 5 franchise networks; and company-owned locations, including 19 California Closets and 11 Paul Davis Restoration locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, Interstate Restoration, FirstOnSite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NASDAQ
Website: firstservice.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/11/2024 | $170.00 | Sector Perform | Scotiabank |
6/30/2023 | $166.00 → $176.00 | Market Perform → Outperform | BMO Capital Markets |
4/27/2023 | $150.00 → $170.00 | Hold → Buy | TD Securities |
4/19/2023 | $165.00 | Outperform | RBC Capital Mkts |
9/27/2022 | $148.00 → $135.00 | Sector Outperform | Scotiabank |
3/30/2022 | $143.00 | Hold | Deutsche Bank |
1/24/2022 | $195.00 → $200.00 | Market Perform → Outperform | Raymond James |
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TORONTO, Aug. 19, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ:FSV) ("FirstService") announced today that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by FirstService of its intention to make a normal course issuer bid (the "NCIB") with respect to its outstanding common shares. The notice provides that FirstService may, during the 12 month period commencing August 26, 2025 and ending no later than August 25, 2026, purchase through the facilities of the TSX, alternative Canadian Trading Systems and/or The NASDAQ Stock Market ("NASDAQ") up to 1,600,000 common shares in total, being 3.9% of the "public float" of common shares as of August 12, 2025.
Company commemorates workplace excellence milestone with an immersive wellness event for associates in their South Region headquarters in Florida PLANTATION, Fla., Aug. 14, 2025 /PRNewswire/ -- FirstService Residential, North America's leading residential property management company, announced today that its South Region headquarters has achieved WELL Certified™ Gold from the International WELL Building Institute. The recognition is awarded to spaces that prioritize health, safety, and well-being through measurable performance criteria and reflects FirstService Residential's commitment to cultivating employee-centered workplaces.
FirstService Residential will deliver property management and lifestyle services to this striking new Ft. Lauderdale high-rise FORT LAUDERDALE, Fla., July 31, 2025 /PRNewswire/ -- FirstService Residential, North America's leading property management company, has been selected as the management partner for Selene Oceanfront Residences, adding another premier community to its growing regional portfolio. Rising above the shoreline with 194 luxury residences across two towers, Selene is a striking new addition to Fort Lauderdale's skyline. Designed by renowned architect Kobi Karp,
PISCATAWAY, N.J., July 30, 2025 /PRNewswire/ -- FirstService Residential, the leading residential community management company, is proud to announce it has been selected to provide full-service property management for Society Hill at Piscataway Condominium Association in Piscataway, New Jersey. "We're excited to have Society Hill at Piscataway as part of the FirstService Residential family," said Michael Mendillo, President, FirstService Residential. "We're honored to have been chosen by the board to help execute their vision and support the long-term success of this exception
Operating highlights: Three months ended Six months ended June 30 June 30 2025 2024 2025 2024 Revenues (millions)$1,415.7 $1,297.5 $2,666.6 $2,455.5Adjusted EBITDA (millions) (note 1) 157.1 132.5 260.4 215.9Adjusted EPS (note 2) 1.71 1.36 2.63 2.03 GAAP Operating Earnings 97.3 83.9 136.5 122.0GAAP Diluted EPS 1.01 0.78 1.07 0.92 TORONTO, July 24, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV, NASDAQ:FSV) today reported results for its second quarter ended June 30, 2025. All amounts are in US dollars. Consolidated revenues for the second quarter were $1.42 billion, a 9% increase relative to the same quarter in the prio
TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ:FSV) ("FirstService") announced today that it will release its financial results for the second quarter ended June 30, 2025 by press release on Thursday, July 24, 2025 at approximately 7:30 am ET. The conference call to review these financial results will take place at 11:00 am ET on Thursday, July 24, 2025, and will be hosted by D. Scott Patterson, CEO, and Jeremy Rakusin, CFO. This call is being webcast live at the Company's website at www.firstservice.com. Participants may register for the call here https://register.vevent.com/register/BI4a1fa34337944f40a129a667fecbe126 to receive the dial-in number and
HODA® delivers instant, multilingual, tech-enabled support for residents while freeing up time for property managers to focus on strategic community goals TORONTO, June 16, 2025 /CNW/ - FirstService Residential, North America's leading residential property management company, today introduced HODA®, a proprietary AI-powered Homeowner Digital Assistant built to deliver faster, elevated support to residents, boards, and councils. The global launch follows a multi-market pilot during which residents in 900 communities leveraged the tool to get instant answers to their questions. With a 90% first-contact resolution rate, HODA® sets the industry standard for resident responsiveness.
TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ:FSV) ("FirstService") announced today that its subsidiary, Century Fire Protection ("Century"), has recently acquired TST Fire Protection, Inc. ("TST") and Alliance Fire & Safety ("Alliance"), two related fire protection companies based in Utah. The leadership teams of both companies will continue to lead day-to-day operations and will retain minority equity interests. Terms of the transaction were not disclosed. Founded in 1998 and based in Salt Lake City, Utah, TST is a leading fire sprinkler installation company serving the northern region of Utah. TST provides fire sprinkler system design, installation,
Acquisition expands FirstService Residential's footprint in Edmonton, Alberta, and Western Canada EDMONTON, AB, May 8, 2025 /CNW/ - FirstService Residential announced the acquisition of Edmonton-based Core Real Estate Group. Core Real Estate Group, serving residential properties in Edmonton since 2011, manages more than 15,000 residential units. The acquisition brings the number of residential units under FirstService management in Canada to more than 250,000, reinforcing FirstService's leadership position in property management in Canada. "We are proud to welcome Core Real Es
TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV, NASDAQ:FSV) ("FirstService") announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of US$0.275 per Common Share. The dividend is payable on July 8, 2025 to holders of Common Shares of record at the close of business on June 30, 2025. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes. About FirstService CorporationFirstService Corporation is a North American leader in the property services sector, serving its customers through two industry-leading service platforms: FirstService Residential, North America's largest
6-K - FirstService Corp (0001637810) (Filer)
6-K - FirstService Corp (0001637810) (Filer)
6-K - FirstService Corp (0001637810) (Filer)
6-K - FirstService Corp (0001637810) (Filer)
6-K - FirstService Corp (0001637810) (Filer)
6-K - FirstService Corp (0001637810) (Filer)
6-K - FirstService Corp (0001637810) (Filer)
6-K - FirstService Corp (0001637810) (Filer)
6-K - FirstService Corp (0001637810) (Filer)
6-K - FirstService Corp (0001637810) (Filer)
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Scotiabank resumed coverage of FirstService with a rating of Sector Perform and set a new price target of $170.00
BMO Capital Markets upgraded FirstService from Market Perform to Outperform and set a new price target of $176.00 from $166.00 previously
TD Securities upgraded FirstService from Hold to Buy and set a new price target of $170.00 from $150.00 previously
RBC Capital Mkts initiated coverage of FirstService with a rating of Outperform and set a new price target of $165.00
Scotiabank resumed coverage of FirstService with a rating of Sector Outperform and set a new price target of $135.00 from $148.00 previously
Deutsche Bank initiated coverage of FirstService with a rating of Hold and set a new price target of $143.00
Raymond James upgraded FirstService from Market Perform to Outperform and set a new price target of $200.00 from $195.00 previously
TD Securities downgraded FirstService from Buy to Hold and set a new price target of $180.00 from $175.00 previously
RBC Capital reiterated coverage of FirstService with a rating of Sector Perform and set a new price target of $190.00 from $160.00 previously
CIBC downgraded FirstService from Sector Outperform to Neutral and set a new price target of $180.00 from $161.00 previously
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Operating highlights: Three months ended Six months ended June 30 June 30 2025 2024 2025 2024 Revenues (millions)$1,415.7 $1,297.5 $2,666.6 $2,455.5Adjusted EBITDA (millions) (note 1) 157.1 132.5 260.4 215.9Adjusted EPS (note 2) 1.71 1.36 2.63 2.03 GAAP Operating Earnings 97.3 83.9 136.5 122.0GAAP Diluted EPS 1.01 0.78 1.07 0.92 TORONTO, July 24, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV, NASDAQ:FSV) today reported results for its second quarter ended June 30, 2025. All amounts are in US dollars. Consolidated revenues for the second quarter were $1.42 billion, a 9% increase relative to the same quarter in the prio
TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ:FSV) ("FirstService") announced today that it will release its financial results for the second quarter ended June 30, 2025 by press release on Thursday, July 24, 2025 at approximately 7:30 am ET. The conference call to review these financial results will take place at 11:00 am ET on Thursday, July 24, 2025, and will be hosted by D. Scott Patterson, CEO, and Jeremy Rakusin, CFO. This call is being webcast live at the Company's website at www.firstservice.com. Participants may register for the call here https://register.vevent.com/register/BI4a1fa34337944f40a129a667fecbe126 to receive the dial-in number and
Acquisition expands FirstService Residential's footprint in Edmonton, Alberta, and Western Canada EDMONTON, AB, May 8, 2025 /CNW/ - FirstService Residential announced the acquisition of Edmonton-based Core Real Estate Group. Core Real Estate Group, serving residential properties in Edmonton since 2011, manages more than 15,000 residential units. The acquisition brings the number of residential units under FirstService management in Canada to more than 250,000, reinforcing FirstService's leadership position in property management in Canada. "We are proud to welcome Core Real Es
TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV, NASDAQ:FSV) ("FirstService") announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of US$0.275 per Common Share. The dividend is payable on July 8, 2025 to holders of Common Shares of record at the close of business on June 30, 2025. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes. About FirstService CorporationFirstService Corporation is a North American leader in the property services sector, serving its customers through two industry-leading service platforms: FirstService Residential, North America's largest
Operating highlights: Three monthsended March 31 2025 2024 Revenues (millions)$1,250.8 $1,158.0 Adjusted EBITDA (millions) (note 1) 103.3 83.4 Adjusted EPS (note 2) 0.92 0.67 GAAP Operating Earnings (millions) 39.3 38.1 GAAP EPS 0.06 0.14 TORONTO, April 24, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV, NASDAQ:FSV) today reported operating and financial results for its first quarter ended March 31, 2025. All amounts are in US dollars. Consolidated revenues for the first quarter were $1.25 billion, up 8% relative to the same quarter in the prior year. Adjusted EBITDA (note 1) increased 24% to $103.3 million, and Adjusted EPS (n
Annual Meeting of Shareholders on April 2, 2025 Release of First Quarter 2025 Results on April 24, 2025 TORONTO, March 12, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ:FSV) ("FirstService") announced today that it will hold its Annual Meeting of Shareholders on Wednesday, April 2, 2025 at 11:00 a.m. ET. The meeting will be webcast live and can be either accessed via FirstService's website at www.firstservice.com in the "Investors" section under the "Newsroom" tab prior to the meeting or by accessing the LUMI AGM platform directly at meetings.lumiconnect.com/400-964-924-218. Shareholders wishing to attend the virtual general meeting must log in via the LUMI AGM platfo
Operating highlights: Three months ended Year ended December 31 December 31 2024 2023 2024 2023 Revenues (millions)$1,365.3 $1,079.3 $5,216.9 $4,334.5Adjusted EBITDA (millions) (note 1) 137.9 103.3 513.7 415.7Adjusted EPS (note 2) 1.34 1.11 5.00 4.66 GAAP Operating Earnings 89.6 48.1 337.5 244.9GAAP EPS 0.71 0.14 2.97 2.24 TORONTO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV, NASDAQ:FSV) today announced strong fourth quarter and full year results for the year ended December 31, 2024. All amounts are in US dollars. Consolidated revenues for the fourth quarter were $1.37 billion, a 27% increase relative to the same
TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV, NASDAQ:FSV) ("FirstService") announced today that its Board of Directors has approved a 10% increase in the quarterly cash dividend on the outstanding Common Shares of the Company and declared a quarterly dividend of US$0.275 per Common Share, up from the previous US$0.25 per Common Share. The dividend is payable on April 7, 2025 to holders of Common Shares of record at the close of business on March 31, 2025. The Company's dividend will be US$1.10 on an annualized basis, up from US$1.00 during the past year. This distribution represents our tenth consecutive year of at least 10% annual dividend growth, reflecti
TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ:FSV) ("FirstService") announced today that it will release its financial results for the fourth quarter ended December 31, 2024 by press release on Wednesday, February 5, 2025 at approximately 7:30 am ET. The conference call to review these financial results will take place at 11:00 am ET on Wednesday, February 5, 2025, and will be hosted by D. Scott Patterson, CEO, and Jeremy Rakusin, CFO. This call is being webcast live at the Company's website at www.firstservice.com. Participants may register for the call here https://register.vevent.com/register/BIc0caa93df85548909c3b68b8c526df66 to receive the dial-i
Acquisition significantly bolsters The Amenity Collective's fitness and recreation division, enhancing capabilities and market reach The Amenity Collective, North America's leader in full-service facilities management across the fitness, aquatics, and recreation industries, is pleased to announce the strategic acquisition of Advantage Sport & Fitness Inc., a premier fitness equipment distributor and facility design provider in the United States. As part of the acquisition, Advantage Sport & Fitness Inc. will be partnered with LIVunLtd, creating North America's largest distributor and servicer of fitness equipment, expanding its reach in new and existing markets. "We're dedicated to buil
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TORONTO, April 02, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV) (NASDAQ:FSV) ("FirstService") today announced that at its annual meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService's management information circular dated February 12, 2025 (the "Circular") were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below. NomineeVotes For% Votes ForVotes Withheld% Votes WithheldYousry Bissada29,196,77598.814%350,561 1.186%Elizabeth Carducci29,196,98198.814%350,355 1.186%Steve H. Grimshaw27,419,07092
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV) (NASDAQ:FSV) ("FirstService") today announced that at its annual meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService's management information circular dated February 23, 2024 (the "Circular") were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below. NomineeVotes For% Votes ForVotes Withheld% VotesWithheldYousry Bissada24,560,38097.801%552,2412.199%Elizabeth Carducci24,541,23697.725%571,3852.275%Steve H. Grimshaw23,563,70393.832
TORONTO, April 06, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV) (NASDAQ:FSV) ("FirstService") today announced that at its annual and special meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService's management information circular dated February 27, 2023 (the "Circular") were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below. NomineeVotes For% Votes ForVotes Withheld% Votes WithheldYousry Bissada34,129,82390.31%3,662,4859.69%Elizabeth Carducci37,753,98499.90%38,3240.10%Steve H. Grimshaw34,093
TORONTO, July 14, 2022 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV, NASDAQ:FSV) today announced the appointment of Elizabeth Carducci to its Board of Directors. The addition of Ms. Carducci expands the Board to nine directors, eight of whom are independent directors. Ms. Carducci brings relevant and deep domain expertise to FirstService, particularly centered around her visionary leadership working with technology-driven organizations in the areas of customer and employee experience. She is currently an advisor and investor in early stage companies, having recently retired from a 21-year career at Medallia, a leading software company in the customer experience space. As a member
TORONTO, April 07, 2022 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV) (NASDAQ:FSV) ("FirstService") today announced that at its annual meeting of shareholders, held in Toronto yesterday, the eight director nominees listed in FirstService's management information circular dated February 25, 2022 (the "Circular") were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below. NomineeVotes For% Votes ForVotes Withheld% Votes WithheldYousry Bissada25,902,76385.443%4,413,07214.557%Bernard I. Ghert29,472,45697.218%843,379 2.782%Steve H. Grimshaw30,031,68999.063
TORONTO, May 11, 2021 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV, NASDAQ:FSV) today announced the appointment of Steve H. Grimshaw to its Board of Directors. Mr. Grimshaw's appointment expands the Board to nine directors, seven of whom are independent directors. Mr. Grimshaw brings extensive experience to FirstService, particularly centered around his stewardship of leading service-based businesses. Mr. Grimshaw is currently the full-time Executive Chairman of Caliber, Inc., one of the largest automotive service companies in the U.S. Mr. Grimshaw initially joined Caliber as CEO in 2009, and has overseen the significant growth of the business from 68 locations in two states gene
TORONTO, April 07, 2021 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV) (NASDAQ: FSV) (“FirstService”) today announced that at its annual and special meeting of shareholders, held in Toronto yesterday, the eight director nominees listed in FirstService’s management information circular dated February 19, 2021 (the “Circular”) were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below. NomineeVotes For% Votes ForVotes Withheld% Votes WithheldBrendan Calder27,592,72992.302%2,301,089 7.698%Bernard I. Ghert29,732,72499.461% 161,094 0.539%Jay S. Hen
TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of US$0.165 per Common Share. The dividend is payable on January 7, 2021 to holders of Common Shares of record at the close of business on December 31, 2020. The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes. About FirstService CorporationFirstService Corporation is a North American leader in the essential outsourced property services sector, serving its customers through two industry-leading service platforms: FirstService Resid
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