Fairfax Financial Holdings Limited (OTCMKTS:FRFHF – Free Report) – Analysts at National Bank Financial boosted their FY2024 EPS 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 of $154.34 per share 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 lifted their price target on shares of Fairfax Financial from $1,425.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th.
Fairfax Financial Stock Performance
OTCMKTS:FRFHF opened at $1,394.81 on Wednesday. The firm’s 50-day moving average is $1,390.58 and its 200-day moving average is $1,288.16. The company has a market cap of $31.93 billion, a price-to-earnings ratio of 8.53 and a beta of 0.80. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.45 and a current ratio of 2.45. Fairfax Financial has a 52-week low of $904.98 and a 52-week high of $1,464.00.
Fairfax Financial Dividend Announcement
The company also recently disclosed an annual dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, January 16th were issued a dividend of $15.00 per share. This represents a yield of 1.09%. The ex-dividend date of this dividend was Thursday, January 16th. Fairfax Financial’s dividend payout ratio is 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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