FirstService Corporation $FSV reported third-quarter 2026 revenue of $1.5 billion, up 5.8% from a year ago, as the company continued to grow its top line. Gross profit rose to $497.3 million, while cost of sales increased to $1.0 billion.
Profitability was softer in the quarter. Operating profit fell 7.1% year over year to $107.4 million, net income attributable to common shareholders declined 24.9% to $42.9 million, and diluted earnings per share dropped to $0.99.
Cash generation also eased, with operating cash flow at $84.2 million and capital spending at $28.5 million. Cash and cash equivalents stood at $185.8 million, while total liabilities increased to $3.0 billion. The stock rose 5.2% since the market opened this morning.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
FirstService Corporation Hedge Fund Activity
We have seen 125 institutional investors add shares of FirstService Corporation stock to their portfolio, and 161 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- 1832 ASSET MANAGEMENT L.P. added 1,266,414 shares (+302.9%) to their portfolio in Q2 2026, for an estimated $179,970,093
- MACKENZIE FINANCIAL CORP removed 715,093 shares (-48.6%) from their portfolio in Q2 2026, for an estimated $101,621,866
- WELLINGTON MANAGEMENT GROUP LLP removed 286,467 shares (-49.5%) from their portfolio in Q2 2026, for an estimated $40,709,825
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 285,297 shares (-47.8%) from their portfolio in Q2 2026, for an estimated $40,543,556
- MORGAN STANLEY added 261,473 shares (+42.8%) to their portfolio in Q2 2026, for an estimated $37,157,928
- VOYA INVESTMENT MANAGEMENT LLC removed 241,009 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $34,249,788
- CONESTOGA CAPITAL ADVISORS, LLC removed 188,567 shares (-13.4%) from their portfolio in Q2 2026, for an estimated $26,797,256
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
FirstService Corporation Congressional Stock Trading
Members of Congress have traded $FSV stock 6 times in the past 6 months. Of those trades, 6 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FSV stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 6 times. They made 6 purchases worth up to $90,000 on 08/19, 06/11, 05/11, 05/07, 05/01, 04/24 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
FirstService Corporation Price Targets
Multiple analysts have issued price targets for $FSV recently. We have seen 2 analysts offer price targets for $FSV in the last 6 months, with a median target of $189.5.
Here are some recent targets:
- Himanshu Gupta from Scotiabank set a target price of $175.0 on 06/30/2026
- Tim James from TD Cowen set a target price of $204.0 on 06/03/2026
