Fairfax Financial (FRFHF) Expected to Announce Earnings on Thursday

Fairfax Financial (OTCMKTS:FRFHF) is expected to post its quarterly earnings results after the market closes on Thursday, February 20th. Analysts expect Fairfax Financial to post earnings of $43.72 per share for the quarter.

Fairfax Financial Trading Up 1.3 %

Shares of Fairfax Financial stock opened at $1,404.11 on Thursday. 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 1-year low of $954.45 and a 1-year high of $1,464.00. The company’s fifty day simple moving average is $1,388.75 and its 200-day simple moving average is $1,297.13. The stock has a market capitalization of $32.14 billion, a PE ratio of 8.59 and a beta of 0.80.

Fairfax Financial Announces Dividend

The company also recently announced an annual dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, January 16th were paid a dividend of $15.00 per share. This represents a dividend yield of 1.09%. The ex-dividend date of this dividend was Thursday, January 16th. Fairfax Financial’s dividend payout ratio (DPR) is 9.17%.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lifted their target price on shares of Fairfax Financial from $1,425.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Monday, November 4th.

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.