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FirstService ( (TSE:FSV) ) has issued an announcement.
On April 23, 2026, FirstService reported first-quarter 2026 results showing consolidated revenue of $1.32 billion, up 5% year on year, with adjusted EBITDA rising 2% to $105.7 million and adjusted EPS up 3% to $0.95. GAAP operating earnings increased to $46.7 million and GAAP EPS jumped to $0.44, with CEO Scott Patterson saying performance was in line with expectations as the group focuses on market share gains and building growth momentum for the rest of 2026.
The FirstService Residential unit delivered 4% revenue growth to $545.7 million entirely from organic gains and lifted adjusted EBITDA 10% as margin improvements reflected labor cost management and efficiency gains. FirstService Brands posted 6% revenue growth to $771.4 million but saw lower adjusted EBITDA of $64.0 million amid competitive pressure in roofing and margin compression at home services, while lower corporate costs also supported group earnings for the quarter ended March 31, 2026.
The most recent analyst rating on (TSE:FSV) stock is a Buy with a C$201.00 price target. To see the full list of analyst forecasts on FirstService stock, see the TSE:FSV Stock Forecast page.
Spark’s Take on FSV Stock
According to Spark, TipRanks’ AI Analyst, FSV is a Neutral.
The score is anchored by solid financial performance (revenue growth, steady operating margins, and improving cash generation) and generally constructive guidance with better leverage and liquidity. These positives are tempered by expensive valuation (high P/E with a low yield) and a mixed-to-weak longer-term technical trend, alongside continued pressure/volatility in parts of the Brands segment.
To see Spark’s full report on FSV stock, click here.
More about FirstService
FirstService Corporation is a North American leader in outsourced property services, operating through two main platforms: FirstService Residential, the continent’s largest manager of residential communities, and FirstService Brands, a major provider of essential property services via company-owned and franchised operations. The Toronto-based group generates over US$5.5 billion in annual revenue and employs about 30,000 people across North America, with its shares listed on Nasdaq and the Toronto Stock Exchange under the symbol FSV.
Average Trading Volume: 123,531
Technical Sentiment Signal: Sell
Current Market Cap: C$9.23B
Find detailed analytics on FSV stock on TipRanks’ Stock Analysis page.