Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1,388.75 and traded as low as $1,388.21. Fairfax Financial shares last traded at $1,404.11, with a volume of 2,491 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada upped their price target on 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.
Check Out Our Latest Research Report on Fairfax Financial
Fairfax Financial Trading Up 4.0 %
The stock has a market capitalization of $33.51 billion, a P/E ratio of 8.95 and a beta of 0.80. 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 business's 50 day simple moving average is $1,388.13 and its 200-day simple moving average is $1,301.99.
Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last posted its earnings results on Thursday, February 13th. The financial services provider reported $50.42 earnings per share (EPS) for the quarter, topping 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 company had revenue of $7.74 billion during the quarter. As a group, analysts forecast that Fairfax Financial Holdings Limited will post 151.42 EPS for the current year.
Fairfax Financial Dividend Announcement
The firm also recently announced an annual dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, January 16th were paid a $15.00 dividend. The ex-dividend date was Thursday, January 16th. This represents a yield of 1.09%. Fairfax Financial's payout ratio is 9.17%.
About Fairfax Financial
(
Get Free Report)
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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