
NASDAQ:FSV
This summary was created by AI, based on 1 opinions in the last 12 months.
Firstservice Corp (FSV-Q) has been recognized as a top pick by experts, despite recent declines in its growth rates. As North America's largest property manager, the company is well-positioned due to its dual business model, which includes managing properties and providing essential services like roof repairs. This diversification helps mitigate sensitivity to economic fluctuations, suggesting that current conditions may present a beneficial buying opportunity. Analysts believe that while growth may be slowing to single digits, strategic acquisitions could push growth rates back into double digits, reinforcing the company's longstanding strong performance and resilience.
(A Top Pick April 4/12. Up 10.43%.) Did a bit of a capital restructure earlier this year. They eliminated the preferred shares. With that move, they decided to pay their 1st dividend ever. He loves when companies do this. Since then, they have come out with a couple of quarters. Last quarter was well ahead of earnings estimates. Still likes.
Property management company. One of the largest players in the US. About a year ago they cleaned up their capital structure. This is a situation where it was late to the party for the real estate recovery in the US but they now have a piece of almost every pie in the US real estate market as well as in Canada. Last quarter, they grew at 9% revenue. Yield of 0.94%.