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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Based on the reviews from experts, First National Financial is showing strong financial performance with its EPS beating estimates, revenue growth, and an increase in total assets. The company anticipates lower mortgage originations due to recent rate hikes, but experts believe that the stock is undervalued, offers a good dividend, and has potential for growth as interest rates ease. It is recommended as a buy for income investors and is considered one of the favorites within the mortgage sector.

Consensus
Buy
Valuation
Undervalued
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We will mark questions 'private' if a similar question has already been posted or if there are too many symbols within one question. FN EPS of 72c beat estimates of 67c. Revenue of $503M was nicely ahead of estimates and rose 21%. Total assets rose 5% to ~$46B. The company expects lower mortgage orginations as recent rate hikes continue to impact demand. The stock is very cheap, with a good dividend, and should do better as interest rates ease. We would consider it a buy for income investors, and it is one of our favourites within the mortgage sector. 
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Financial Services
BUY
It’s slowly moved up from $28. The pullback is a natural phenomenon after the pop. Lots of volume. He would buy it here.
Financial Services
HOLD
Alternative mortgage companies have been under pressure lately. Longer term, FN-T has done a good job and is a well-managed company. Management owns a large stake too. Eventually he thinks it could become attractive to other players and could be an acquisition target. It has been a consistent dividend grower. Yield 5.9%
Financial Services
HOLD
They have raised dividends, which signals confidence by management – who also owns the majority of shares. It has a service advantage and get loan turnarounds quickly. Brokers have technological advantages and there is reoccurring capital. Once a mortgage is closed it becomes highly visible and it shows the cash flow path.
Financial Services
COMMENT
Undervalued? Familiar with it but doesn't own it. Anytime you're looking at the financial players especially if they are Canada-centric you want to understand if there is any mortage business and what that book looks like. He is concerned about Canadian household debt now that we see rates start to rise. The discount that you see often in the smaller financial centers in Canada is not that the market is not aware of it or that it's a bargain, it's more to speak to the fact that there is risk in being concentrated on the Canadian economy.
Financial Services
HOLD

Follows it. Well-managed with a decent yield. Very conservative managers. But what happens when the two big shareholders retire or move on? Hold on.

Financial Services
BUY

Buy on the dip or wait? They were seriously looking at this stock, but never bought it. A descending triangle, technically you want to buy on the breakout, and it just recently broke out. So long as its hold above $27-26 it's probably a buy. 6% yield.

Financial Services
PAST TOP PICK

(A Top Pick April 28/16. Down 1%.) At a higher level than Home Capital (HCG-T), but on a par with Bank of Nova Scotia (BNS-T), which is at the top of the pile. The latest quarter was a tiny bit mixed, but that is probably your opportunity to Buy.

Financial Services
COMMENT

This is a different mortgage player. They basically raise their own money and put that into mortgages. They service mortgages, as opposed to using capital as an intermediary to earn a spread. This has been a well-run company. Their software is 2nd to none. It got caught in the downdraft.

Financial Services
COMMENT

$25 was an old point of resistance. Old resistance becomes new support, and this chart shows it. There is a possibility of this moving up, especially if there is good fundamental news such as a takeover. You might see this rise into the $28 area.

Financial Services
COMMENT

One of the alternative lenders. A great earnings story and a stable company. The fears regarding real estate is what caused the draft down in the stock price, in the latter half of 2016. However, as a dividend generator, it is a pretty stable business. A very tightly controlled company which he likes. Their software is 2nd to none. This is the kind of name you can own and feel comfortable doing so.

Financial Services
DON'T BUY

A non-traditional, mortgage only bank. Mortgage rule changes last week have caused a pullback. No one knows for sure what the impact of the rule changes will be. She would stay with the big six banks rather than this group. 6.8% yield.

Financial Services
BUY

(Market Call Minute) This is the highest grade of mortgage, non-bank companies in the land. It ranks up there with BNS-T.

Financial Services
TOP PICK

He hopes there will be a cheaper entry point. The company is brilliant because they are the top of their class in mortgage broking. They are above all the other banks. TD-T sends them their external mortgage broking business.

Financial Services
DON'T BUY

Are the preferreds a good long term investment? They are in the mortgage origination financing business. It has a speculative triple ‘B’ rating. There is a possibility that the company does not do well. Thinks it will not get called. 5.5% yield. The return on the equity is 7%.

Financial Services
Showing 1 to 15 of 37 entries

First National Financial(FN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for First National Financial is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

First National Financial(FN-T) Frequently Asked Questions

What is First National Financial stock symbol?

First National Financial is a Canadian stock, trading under the symbol FN-T on the Toronto Stock Exchange (FN-CT). It is usually referred to as TSX:FN or FN-T

Is First National Financial a buy or a sell?

In the last year, 1 stock analyst published opinions about FN-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for First National Financial.

Is First National Financial a good investment or a top pick?

First National Financial was recommended as a Top Pick by on . Read the latest stock experts ratings for First National Financial.

Why is First National Financial stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is First National Financial worth watching?

1 stock analyst on Stockchase covered First National Financial In the last year. It is a trending stock that is worth watching.

What is First National Financial stock price?

On 2024-06-14, First National Financial (FN-T) stock closed at a price of $36.01.