Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1,395.49 and traded as high as $1,438.28. Fairfax Financial shares last traded at $1,438.28, with a volume of 5,513 shares changing hands.
Wall Street Analyst Weigh In
Separately, National Bankshares reiterated an "outperform" rating on shares of Fairfax Financial in a report on Monday, February 3rd.
Get Our Latest Research Report on Fairfax Financial
Fairfax Financial Trading Up 1.9 %
The company has a debt-to-equity ratio of 0.43, a current ratio of 3.65 and a quick ratio of 2.45. The stock's 50-day moving average is $1,397.48 and its two-hundred day moving average is $1,330.72. The company has a market cap of $33.01 billion, a P/E ratio of 8.96 and a beta of 0.80.
Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The financial services provider reported $50.42 earnings per share for the quarter, beating the consensus estimate of $43.72 by $6.70. Fairfax Financial had a return on equity of 14.43% and a net margin of 12.47%. The firm had revenue of $7.74 billion for the quarter, compared to analysts' expectations of $7.51 billion. As a group, equities research analysts predict that Fairfax Financial Holdings Limited will post 166.85 earnings per share for the current fiscal year.
Fairfax Financial Announces Dividend
The company also recently announced an annual dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, January 16th were given 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 payout ratio is 9.31%.
Fairfax Financial Company Profile
(
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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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