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TSE:FN

First National Financial (FN.TO)

47.98
-0.01 (0.02%)
as of Oct 23, 2025, 8:00:01 pm Market Open.
79 watching
0
HOLD
Originate and then sell mortgages. In Q1 they reported lower mortgage origination than analysts had expected. Cut distribution in anticipation of conversion. Some concern that volumes will drop on mortgage originations. Management owns more than 70% of the shares. Good company.
PAST TOP PICK
(A Top Pick Oct 16/09. Up 13.55%.) Will Sell above $18.50-$19.
PAST TOP PICK
(Top Pick Oct 16/09, Up 32%) Keeps thinking he will sell it but then they come out with a quarter that is higher than he expected. Nice consistent yield. More of a prime mortgage player.
PAST TOP PICK
(Top Pick Oct 16/09, Up 26%) Doing very well.
BUY
Best managed of financial trusts. Feels distributions will be maintained once they become a dividend paying company. 7.6% yield.
PAST TOP PICK
(A Top Pick Oct 16/09. Up 18%.) Very well managed. Expect they will revert back to a corporation in 2011. Expects the 7.8% distribution is sustainable. ROE is around 90%. Still has a lot of upside.
TOP PICK
Mortgage lender, originator and server. A big source of their profits is derived from servicing of mortgages. About a 90% ROE. 9.2% yield.
TOP PICK
Current yield of 8.5%. Mortgage broker, but also manages mortgages. Have software that allows mortgage brokers to get real-time information about mortgage applications. Gives them a very strong niche.
Showing 31 to 38 of 38 entries