Fairfax Financial (FRFHF) to Release Quarterly Earnings on Thursday

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) will likely be releasing its Q4 2024 earnings data after the market closes on Thursday, February 13th. Analysts expect Fairfax Financial to post earnings of $43.72 per share for the quarter.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The financial services provider reported $50.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $43.72 by $6.70. Fairfax Financial had a return on equity of 15.21% and a net margin of 13.40%. The business had revenue of $7.74 billion during the quarter. On average, analysts expect Fairfax Financial to post $151 EPS for the current fiscal year and $166 EPS for the next fiscal year.

Fairfax Financial Stock Performance

Shares of OTCMKTS:FRFHF traded up $56.15 on Friday, hitting $1,463.92. The company had a trading volume of 7,694 shares, compared to its average volume of 3,730. The stock has a market cap of $33.51 billion, a price-to-earnings ratio of 8.95 and a beta of 0.80. The stock has a 50 day moving average price of $1,388.13 and a 200 day moving average price of $1,301.99. Fairfax Financial has a 1-year low of $985.00 and a 1-year high of $1,493.52. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.39.

Fairfax Financial Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada boosted their price objective on Fairfax Financial from $1,425.00 to $1,500.00 and gave the stock an "outperform" rating in a report 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.