Michael Stein - FirstService Corp Independent Director
| FSV Stock | CAD 253.71 0.57 0.23% |
Director
Mr. Michael Leon Stein was Independent Director of the Company. Mr. Stein is the founder, Chairman and CEO of the MPI Group, a property development and investment group with a track record in incubating, investing in, and managing successful companies. Between 1978 and 1987, Mr. Stein held progressively senior positions with the Mortgage Insurance Company of Canada, ultimately holding the position of Executive VicePresident responsible for operations. Mr. Stein is a founder of CAPREIT, Canadas first TSX listed apartment REIT, where he continues to serve as chairman. He currently serves as a director of McEwen Mining Inc., chairman of Cliffside Capital Ltd. and previously served as a director of Goldcorp Inc since 2015.
| Age | 68 |
| Tenure | 10 years |
| Professional Marks | MBA |
| Address | 1255 Bay Street, Toronto, ON, Canada, M5R 2A9 |
| Phone | 416 960 9566 |
| Web | https://www.firstservice.com |
Michael Stein Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Stein against FirstService Corp stock is an integral part of due diligence when investing in FirstService Corp. Michael Stein insider activity provides valuable insight into whether FirstService Corp is net buyers or sellers over its current business cycle. Note, FirstService Corp insiders must abide by specific rules, including filing SEC forms every time they buy or sell FirstService Corp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Stein over six months ago Disposition of 10845 shares by Michael Stein of Genie Energy at 16.125 subject to Rule 16b-3 | ||
Michael Stein over a year ago Payment of 10846 shares by Michael Stein of Genie Energy subject to Rule 16b-3 | ||
Michael Stein over a year ago Bona fide gift to Michael Stein of 4000 shares of Genie Energy subject to Section 16 | ||
Michael Stein over a year ago Payment of 26683 shares by Michael Stein of Genie Energy subject to Rule 16b-3 |
FirstService Corp Management Efficiency
The company has return on total asset (ROA) of 0.0516 % which means that it generated a profit of $0.0516 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1254 %, meaning that it generated $0.1254 on every $100 dollars invested by stockholders. FirstService Corp's management efficiency ratios could be used to measure how well FirstService Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, FirstService Corp's Return On Tangible Assets are very stable compared to the past year. As of the 27th of February 2025, Return On Capital Employed is likely to grow to 0.12, while Return On Assets are likely to drop 0.02. At this time, FirstService Corp's Fixed Asset Turnover is very stable compared to the past year. As of the 27th of February 2025, Asset Turnover is likely to grow to 1.79, while Non Currrent Assets Other are likely to drop about 16.3 M.Similar Executives
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Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0516 |
FirstService Corp Leadership Team
Elected by the shareholders, the FirstService Corp's board of directors comprises two types of representatives: FirstService Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FirstService. The board's role is to monitor FirstService Corp's management team and ensure that shareholders' interests are well served. FirstService Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FirstService Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Stein, Independent Director | ||
| Angela Bai, Vice Development | ||
| Mark Hopkins, Pres Ontario | ||
| Brendan Calder, Independent Director | ||
| Alex CFA, Senior Development | ||
| Sarah Alberts, Director Ontario | ||
| Abel Juarez, Senior Management | ||
| D Patterson, President, Chief Executive Officer, Director | ||
| Alex Nguyen, Senior Vice President - Strategy and Corporate Development | ||
| Douglas CPA, Corporate VP | ||
| Patrick Tran, Senior Tax | ||
| Douglas Cooke, Senior Vice President, Corporate Controller, Corporate Secretary | ||
| Charlie Chase, President and Chief Executive Officer of FirstService Brands | ||
| Jay CM, Founder Chairman | ||
| Jeremy Rakusin, Chief Financial Officer | ||
| Bernard Ghert, Lead Independent Director | ||
| Charles Fallon, Chief Executive Officer of FirstService Residential | ||
| Erin Wallace, Independent Director | ||
| Roger Thompson, Vice President - Strategy and Sustainability | ||
| Frederick Reichheld, Independent Director | ||
| Steve Carpenter, Sustainability Technology | ||
| Joan Sproul, Independent Director | ||
| Scott Patterson, CEO and President and Director | ||
| David Diestel, Chief Residential | ||
| Jay Hennick, Chairman of the Board, Founder |
FirstService Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is FirstService Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0516 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 13.44 B | ||||
| Shares Outstanding | 45.44 M | ||||
| Shares Owned By Insiders | 10.65 % | ||||
| Shares Owned By Institutions | 76.54 % | ||||
| Number Of Shares Shorted | 353.44 K | ||||
| Price To Earning | 105.87 X |
Pair Trading with FirstService Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FirstService Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FirstService Corp will appreciate offsetting losses from the drop in the long position's value.Moving against FirstService Stock
| 0.5 | CAE | CAE Inc | PairCorr |
| 0.44 | LOU | Lucero Energy Corp | PairCorr |
| 0.36 | SOU | Southern Energy Corp | PairCorr |
| 0.35 | GOOG | Alphabet CDR | PairCorr |
The ability to find closely correlated positions to FirstService Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FirstService Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FirstService Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FirstService Corp to buy it.
The correlation of FirstService Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FirstService Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FirstService Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FirstService Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstService Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in FirstService Stock, please use our How to Invest in FirstService Corp guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.