Fairfax Financial (FRFHF) Stock Price, News & Analysis

Company Overview

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. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, terrorism, boiler explosion, machinery breakdown, and construction defects, as well as underwrites automobile, commercial and personal property, and crop insurance. The company also offers workers' compensation, automobile, employer's liability, accident and health, medical malpractice, professional liability, and umbrella coverage insurance products; marine, aerospace, surety risk, and other risks and liabilities insurance products; and reinsurance products. In addition, it franchises, owns, and operates restaurants; retails sports lifestyle products; provides integrated travel and travel-related financial services, as well as advanced digital tools for agriculture; owns and operates holiday resorts; originates, processes, and distributes value-added pulses and staple foods; develops, manages, and invests in hospitality real estate. The company was formerly known as Markel Financial Holdings Limited and changed its name to Fairfax Financial Holdings Limited in 1987. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: $1,365.90 to $1,396.00
• 50-Day Range: $1,209.45 to $1,394.69
• 52-Week Range: $875.73 to $1,396.00
• Volume: 3,768 shs
• Average Volume: 3,390 shs
• Market Capitalization: $32.35 billion
• P/E Ratio: 8.53
• Dividend Yield: 1.08%
• Price Target: $1,500.00
• Consensus Rating: Buy

Fairfax Financial Stock Analysis - MarketRank™

Fairfax Financial scored higher than 36% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Fairfax Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Fairfax Financial has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.32%

Earnings Growth

Earnings for Fairfax Financial are expected to grow by 10.32% in the coming year, from $149.75 to $165.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Fairfax Financial is 8.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Fairfax Financial is 8.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.38.

Price to Book Value per Share Ratio

Fairfax Financial has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.25% of the outstanding shares of Fairfax Financial have been sold short.

Short Interest Ratio / Days to Cover

Fairfax Financial has a short interest ratio ("days to cover") of 14.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Fairfax Financial has recently increased by 6.36%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Fairfax Financial pays a meaningful dividend of 1.10%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Fairfax Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Fairfax Financial is 9.17%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Fairfax Financial will have a dividend payout ratio of 9.08% next year. This indicates that Fairfax Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.25% of the outstanding shares of Fairfax Financial have been sold short.

Short Interest Ratio / Days to Cover

Fairfax Financial has a short interest ratio ("days to cover") of 14.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Fairfax Financial has recently increased by 6.36%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Fairfax Financial has a news sentiment score of 1.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Fairfax Financial this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 2 people have added Fairfax Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Fairfax Financial insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 10.41% of the stock of Fairfax Financial is held by institutions.

FRFHF Stock Analysis - Frequently Asked Questions

How have FRFHF shares performed this year?

Fairfax Financial's stock was trading at $920.7615 at the beginning of 2024. Since then, FRFHF shares have increased by 51.5% and is now trading at $1,394.69.
View the best growth stocks for 2024 here.

How were Fairfax Financial's earnings last quarter?

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) announced its quarterly earnings results on Thursday, November, 4th. The financial services provider reported $16.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $15.36. The financial services provider had revenue of $6.71 billion for the quarter. Fairfax Financial had a trailing twelve-month return on equity of 15.21% and a net margin of 13.40%.

How do I buy shares of Fairfax Financial?

Shares of FRFHF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 11/04/2021
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• Current Symbol: OTCMKTS:FRFHF
• Previous Symbol: NYSE:FFH
• CUSIP: N/A
• CIK: 915191
• Web: www.fairfax.ca
• Phone: (416) 367-4941
• Fax: 416-367-4946
• Employees: 51,044
• Year Founded: 1985

Price Target and Rating

• Average Stock Price Target: $1,500.00
• High Stock Price Target: $1,500.00
• Low Stock Price Target: $1,500.00
• Potential Upside/Downside: +7.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $163.49
• Trailing P/E Ratio: 8.53
• Forward P/E Ratio: 9.31
• P/E Growth: N/A
• Net Income: $4.38 billion
• Net Margins: 13.40%
• Pretax Margin: 18.74%
• Return on Equity: 15.21%
• Return on Assets: 4.33%

Debt

• Debt-to-Equity Ratio: 0.39
• Current Ratio: 2.45
• Quick Ratio: 2.45

Sales & Book Value

• Annual Sales: $26.93 billion
• Price / Sales: 1.20
• Cash Flow: $212.28 per share
• Price / Cash Flow: 6.57
• Book Value: $1,087.60 per share
• Price / Book: 1.28

Miscellaneous

• Outstanding Shares: 23,200,000
• Free Float: N/A
• Market Cap: $32.36 billion
• Optionable: Not Optionable
• Beta: 0.79