Fairfax Financial Holdings Limited (OTCMKTS:FRFHF – Free Report) – Stock analysts at National Bank Financial boosted their FY2024 earnings per share estimates for shares of Fairfax Financial in a research note issued to investors on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now expects that the financial services provider will post earnings per share of $154.34 for the year, up from their prior forecast of $151.00. The consensus estimate for Fairfax Financial’s current full-year earnings is $149.75 per share. National Bank Financial also issued estimates for Fairfax Financial’s Q4 2024 earnings at $43.72 EPS.
Separately, Royal Bank of Canada raised their target price on Fairfax Financial from $1,425.00 to $1,500.00 and gave the company an “outperform” rating in a report on Monday, November 4th.
Fairfax Financial Stock Performance
Fairfax Financial stock opened at $1,388.00 on Wednesday. The stock’s 50-day moving average is $1,390.75 and its 200-day moving average is $1,287.41. The company has a market cap of $31.77 billion, a price-to-earnings ratio of 8.26 and a beta of 0.80. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.45 and a quick ratio of 2.45. Fairfax Financial has a 12 month low of $904.98 and a 12 month high of $1,464.00.
Fairfax Financial Dividend Announcement
The business also recently announced an annual dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, January 16th were issued a dividend of $15.00 per share. The ex-dividend date was Thursday, January 16th. This represents a dividend yield of 1.09%. Fairfax Financial’s payout ratio is currently 9.17%.
Fairfax Financial Company Profile
Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.
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