TSX · Asset Management · CAD

Fiera Capital Corporation (FSZ.TO) Stock Analysis

Fiera Capital Corporation (FSZ.TO) is a Asset Management stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

FSZ.TO

CA$3.09

−CA$0.13 (−4.04%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare FSZ.TO with… →

FSZ.TO Key Statistics

As of Oct 21, 2026

Trading

Open: CA$3.21
Previous Close: CA$3.22
Day's Range: 3.03–3.23
52-Week Range: 2.99–6.74
Volume: 633.00K
Beta: 0.88

Valuation

Market Cap: CA$327.33M
P/E Ratio: 17.17
Forward P/E: 3.23
P/S ratio: 0.50
EPS (ttm): 0.18

Financials (FY)

Revenue (FY): CA$666.38M−1.45%
Net Income (FY): CA$39.05M+56.27%
Profit margin: 3.03%
Shares Outstanding: 86.52M
1-Year Return: −45.30%

Dividend and dates

Dividend: CA$0.43+13.42%
Ex-Dividend Date: August 20, 2026
Earnings Date: November 11, 2026
Avg Volume: 494.19K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, FSZ.TO closed at CA$3.09, −45.30% over 1 year.

Fiera Capital Corporation (FSZ.TO) has a market capitalization of CA$327.33M.

In fiscal 2025, FSZ.TO reported revenue of CA$666.38M.

FSZ.TO Stock Return by Calendar Year

Fiera Capital Corporation (FSZ.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$5,470; −45.30%
5 years: CA$10,000 CA$4,615; −53.85%
10 years: CA$10,000 CA$5,766; −42.34%

If you had invested CA$10,000 in Fiera Capital Corporation (FSZ.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$5,766 at the close on October 21, 2026: −42.34% in total, −5.36% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+64.40%−48.16%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−48.16%
2025	−25.18%
2024	+64.40%
2023	−20.20%
2022	−9.43%
2021	+6.43%
2020	+0.20%
2019	+11.75%
2018	−7.28%
2017	+6.99%
2016 (partial year)	+1.99%

As of October 21, 2026.

FSZ.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$666.38M	CA$39.05M	5.9%
2024	CA$676.20M	CA$24.99M	3.7%
2023	CA$675.53M	CA$58.45M	8.7%
2022	CA$664.89M	CA$25.35M	3.8%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$666.38M	CA$423.94M	CA$121.35M	CA$39.05M	5.9%
2024	CA$676.20M	CA$430.91M	CA$112.77M	CA$24.99M	3.7%
2023	CA$675.53M	CA$444.04M	CA$128.44M	CA$58.45M	8.7%
2022	CA$664.89M	CA$425.29M	CA$97.03M	CA$25.35M	3.8%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

FSZ.TO Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

CA$0.54−37.3% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	CA$0.32	3	—
2025	CA$0.54	4	−37.3%
2024	CA$0.86	4	+0.1%
2023	CA$0.86	4	+0.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	CA$0.32	3	—
2025	CA$0.54	4	−37.3%
2024	CA$0.86	4	+0.1%
2023	CA$0.86	4	+0.0%
2022	CA$0.86	4	+1.8%
2021	CA$0.85	4	+0.6%
2020	CA$0.84	4	+0.0%
2019	CA$0.84	4	+7.7%
2018	CA$0.78	4	+11.4%
2017	CA$0.70	4	+337.5%
2016	CA$0.16	1	—

Most recent payment: CA$0.11 per share, ex-dividend August 20, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

FSZ.TO Valuation vs Asset Management Median

Median of 512 stocks

Metric	FSZ.TO	Asset Management median	vs median
P/E	17.17	9.44	82% above
P/S ratio	0.50	8.59	0.1x the median
Profit margin	3.03%	74.97%	71.9 pts below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values Fiera Capital Corporation (FSZ.TO) at CA$327.33M. The company sits in the Financial Services sector, in the Asset Management industry. Headcount on file is 769.

FSZ.TO last closed at CA$3.09 on October 21, 2026. That is −CA$0.13 (−4.04%) against the previous close. The 52-week range on file runs from CA$2.99 to CA$6.74. The latest close sits 3.34% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$666.38M. That is −1.45% against the prior fiscal year, when revenue was CA$676.20M. Net income for the same year was CA$39.05M. That is +56.27% against the prior fiscal year. The reported profit margin is 3.03%. That is 71.9 percentage points below the Asset Management median of 74.97%. Trailing earnings per share are 0.18.

Across the 4 fiscal years on file, revenue moves from CA$664.89M in 2022 to CA$666.38M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

FSZ.TO trades at a trailing price-to-earnings ratio of 17.17. That is 81.89% above the Asset Management median of 9.44. The forward P/E on file is 3.23. The price-to-sales ratio is 0.5. On price-to-sales that is 0.1 times the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is −45.30%. Across 10 years the annualized return works out at −5.36%. The reported beta is 0.88. Annualized volatility over the trailing 10 years is 31.63%.

Growth & Income

The trailing dividend yield is 13.42%. That is 4.5 percentage points above the Asset Management median yield of 8.91%. The indicated annual rate is CA$0.43 a share. The ex-dividend date on file is August 20, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling CA$0.32 a share. The year before, 2025, totalled CA$0.54 a share.

2026 is still running; the total return is −48.16% year to date. Across the complete calendar years on file, 2024 returned +64.40% and 2025 returned −25.18%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Fiera Capital Corporation (FSZ.TO) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Fiera Capital Corporation	FSZ.TO	CA$327.33M	17.2
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Asset Management industry average P/E ratio is 9.4x. Fiera Capital Corporation trades at a P/E of 17.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Asset Management Stocks

BLK

BlackRock, Inc.

$184.31B

Blackstone Inc.

$127.43B

Brookfield Corporation

$83.74B

KKR

KKR & Co. Inc.

$83.00B

BAM

Brookfield Asset Management Ltd.

$73.36B

APO

Apollo Global Management, Inc.

$65.96B

View all Asset Management stocks →

Popular Financial Services Stocks

BRK-B

Berkshire Hathaway Inc.

$1.11T

JPM

JPMorgan Chase & Co.

$890.13B

Visa Inc.

$765.68B

Mastercard Incorporated

$545.42B

BAC

Bank of America Corporation

$358.24B

View all Financial Services stocks →

About Fiera Capital Corporation

Fiera Capital Corporation is an publicly owned investment manager. The firm primarily provides its services to institutional investors, financial intermediaries, high net worth individuals, family offices, foundations, and endowments. The firm manages separate client-focused mutual funds, pooled funds, and alternative investment vehicles. The firm invests in equities, fixed income, balanced, alternative investments, and private markets. The firm employs fundamental and quantitative analysis to make its investments. The firm uses both in-house and external research to complement its investment process. It was founded in 2003 and is based in Montreal, Quebec.

Visit website →