{
  "id": 9356006,
  "title": "FirstService Corp. (FSV) Endures Tough Q2 as Roofing and Closet Segments Stay Soft",
  "url": "https://urgent.news/2026/09/23/firstservice-corp-fsv-endures-tough-q2-as-roofing-and-closet-segments",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T14:35:03.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/firstservice-corp-fsv-endures-tough-143503176.html"
  },
  "original_language": "en",
  "account": "Osterweis Capital Management shared insights on FirstService Corporation (FSV) in their Q2 2026 investor update, highlighting the company's challenging second quarter due to soft performance in its roofing and residential closet segments. Despite this, the fund maintained its investment in FirstService, anticipating an improvement in the second half of the year driven by better comparative performance and a normalization of their storm restoration business. The company's shares closed at $133.34 per share on September 22, 2026, marking a 7.08% decline over the past month and a 30.21% decrease over the past year. FirstService has a market capitalization of $5.82 billion and its stock has traded between $119.41 and $194.75 over the past 52 weeks. The fund remains cautiously optimistic about the company, seeing potential for accelerated revenue growth and considering it a good value compared to its ten-year historical average. Currently, the company is not among the 40 most popular stocks among hedge funds, with only 25 hedge funds holding it at the end of Q2, down from 27 in the previous quarter.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}