
NASDAQ:FSV
This summary was created by AI, based on 1 opinions in the last 12 months.
Firstservice Corp (FSV-Q) stands out as North America's largest property management company, demonstrating resilience amid economic fluctuations due to its diverse business model. While current growth rates are down, experts believe that they will bounce back, enhancing the stock's appeal as a buying opportunity. The company also excels in servicing related businesses, such as roof repair, which mitigates its sensitivity to economic downturns. With a consistent history of long-term performance, the stock's growth typically hovers in the single digits, but strategic acquisitions have historically propelled it into double-digit growth. This combination of stability and potential for future growth makes Firstservice an attractive investment prospect.
(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%.