Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Free Report) - Research analysts at National Bank Financial raised their FY2024 EPS estimates for shares of Fairfax Financial in a research report issued 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 $151.42 per share. National Bank Financial also issued estimates for Fairfax Financial's Q4 2024 earnings at $43.72 EPS.
Separately, Royal Bank of Canada upped 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 report on Monday, November 4th.
View Our Latest Research Report on FRFHF
Fairfax Financial Price Performance
Shares of OTCMKTS FRFHF traded down $3.48 during trading on Wednesday, hitting $1,410.32. 13,397 shares of the company were exchanged, compared to its average volume of 3,730. Fairfax Financial has a 1 year low of $904.98 and a 1 year high of $1,464.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.45 and a quick ratio of 2.45. The firm's fifty day moving average price is $1,390.78 and its 200 day moving average price is $1,289.03. The company has a market cap of $32.28 billion, a price-to-earnings ratio of 8.63 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 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 payout ratio is currently 9.17%.
About Fairfax Financial
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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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