Fairfax Financial (OTCMKTS:FRFHF) Rating Increased to Moderate Buy at Raymond James

Raymond James upgraded shares of Fairfax Financial (OTCMKTS:FRFHF - Free Report) to a moderate buy rating in a research note published on Thursday, April 10th,Zacks.com reports.

Separately, National Bankshares reaffirmed an "outperform" rating on shares of Fairfax Financial in a research report on Monday, February 3rd.

Fairfax Financial Price Performance

Shares of OTCMKTS:FRFHF traded up $16.86 during trading on Thursday, reaching $1,479.50. The stock had a trading volume of 6,075 shares, compared to its average volume of 4,423. Fairfax Financial has a 52 week low of $1,027.00 and a 52 week high of $1,519.00. The stock has a market capitalization of $33.72 billion, a PE ratio of 9.19 and a beta of 0.58. 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 business's 50-day moving average price is $1,414.83 and its 200 day moving average price is $1,373.47.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last issued its earnings results on Thursday, February 20th. The financial services provider reported $50.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $43.72 by $6.70. The company had revenue of $7.74 billion for the quarter, compared to analyst estimates of $7.51 billion. Fairfax Financial had a net margin of 12.47% and a return on equity of 14.43%. As a group, equities analysts predict that Fairfax Financial will post 166.85 earnings per share for the current year.

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.