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FSVFirstService CorporationSell5.7·$148.90
SellHigh Confidence
Investment thesis

Four consecutive earnings beats and exceptional cash conversion — free cash flow running at 213% of net income — make the valuation look attractive at 13.4 times operating cash flow, but a confirmed price downtrend with a moving average declining at 5.3% per month and a death cross mean the fundamental quality has not yet translated into price recovery.

Thesis pillars

  • Exceptional Cash Conversion Valuation→Stable
  • Consistent Earnings Beat Record↓Deteriorating
  • Confirmed Price Downtrend↑Improving
  • +1 more pillar — see the Why tab for full reasoning

Pillars as of Jul 3, 2026· older than 90 days

Full reasoning →

Open full analysis

FirstService Corporation (FSV) Stock Analysis

Momentum Cont setup

SellGrowthHigh Confidence

Real Estate · Real Estate Services

Sell if holding. At $148.90, A.R:R 0.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 4.6%; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9).

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and... Read more

$148.90+4.6% A.UpsideScore 5.7/10#7 of 17 Real Estate Services
QualityF-score8 / 9FCF yield4.22%
IncomeYield0.82%(5y avg 0.59%)Payout36.50%
Stop $139.12Analyst target $155.73(−13% haircut)A.R:R 0.3:1
Analyst consensus$179.00+20.2%8 analysts with price targets
$155.73Analyst target
$148.90price
$179.00mean
$203

Sell if holding. At $148.90, A.R:R 0.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 4.6%; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9). Chart setup: Trend continuation, RSI 68, MACD bullish. Score 5.7/10, high confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 91d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

No fresh coverage since Oct 20, 2026

Recent Developments — FirstService Corporation

Latest item Oct 20, 2026 · Generated 2026-11-04T11:49:37Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Feb 4, 202791d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Positive momentum
Risks
Thin upside margin: 4.6%
V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9)
Sector modifier (Real Estate): -1.2

Key Metrics

P/E (TTM)45.7
P/E (Fwd)22.1
Mkt Cap$6.2B
EV/EBITDA15.6
Profit Mgn2.6%
ROE12.1%
Rev Growth5.8%
Beta0.90
Dividend0.82%
Analysts with ratings12

Quality Signals

Piotroski F8/9

Options Flow

P/C0.53bullish
IV49%normal

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
1.4
Support Resistance
1.7
52w Position
5.7

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
1.9
Value Rank
3.9
Quality Rank
6.2
GatesA.R:R 0.3 < 1.5@spotDeath cross (50MA < 200MA)Momentum 7.1>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 91d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARMomentum ContSuitability: Moderate
RSI
68 · Neutral
↑ 20D MA↑ 50D MA↑ 200D MADEATH CROSSSupport $124.94Resistance $153.74

Price Targets

$139
$156
A.Upside+4.6%
A.R:R0.3:1

Position Sizing

ConvictionNone
Suggested %0%
Max %0%
RegimeRisk-Off

Risk Alerts

! asymmetry at 0.3 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
B
4/4 beats
Next Earnings2027-02-04 (91d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is FSV stock a buy right now?

Sell if holding. At $148.90, A.R:R 0.3:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 4.6%; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9). Chart setup: Trend continuation, RSI 68, MACD bullish. Prior stop was $139.12. Score 5.7/10, high confidence.

What is the FSV stock price target?

Analyst target: $155.73 (+4.6% upside). Prior stop was $139.12. Stop-loss: $139.12.

What are the risks of investing in FSV?

Thin upside margin: 4.6%; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9); Sector modifier (Real Estate): -1.2.

Is FSV overvalued or undervalued?

FirstService Corporation trades at a P/E of 45.7 (forward 22.1). TrendMatrix value score: 5.6/10. Verdict: Sell.

What do analysts say about FSV?

12 analysts rate FSV, with a consensus score of 4.1/5. 8 analysts publish price targets averaging $179.

What does FirstService Corporation do?FirstService Corporation, together with its subsidiaries, provides residential property management and other essential...

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment operates as a full-service property manager and provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service amenity management, security, concierge and front desk personnel; proprietary banking and insurance products; and energy conservation and management solutions. This segment serves condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and other residential developments governed by common interest or multi-unit residential community associations. Its FirstService Brands segment offers property services to residential and commercial customers in North America through company-owned operations and franchise systems under the First Onsite Property Restoration, Paul Davis Restoration, Roofing Corp of America, Century Fire Protection, California Closets, CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors brands. This segment also provides light restoration services, including full-service water, fire and mold cleanup, construction rebuild, and restoration services; painting services; custom-designed and installed closet and home storage solutions; home inspection services; and floor covering design and installation services. FirstService Corporation was incorporated in 1988 and is headquartered in Toronto, Canada.

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