Q3 EPS Forecast for Fairfax Financial Increased by Analyst

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Free Report) - Investment analysts at National Bank Financial increased their Q3 2024 earnings estimates for shares of Fairfax Financial in a note issued to investors on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now forecasts that the financial services provider will post earnings per share of $34.06 for the quarter, up from their previous estimate of $30.54. The consensus estimate for Fairfax Financial's current full-year earnings is $149.57 per share. National Bank Financial also issued estimates for Fairfax Financial's Q4 2024 earnings at $49.25 EPS.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The financial services provider reported $37.18 earnings per share (EPS) for the quarter. Fairfax Financial had a return on equity of 15.83% and a net margin of 14.01%. The firm had revenue of $7.49 billion during the quarter.

Fairfax Financial Price Performance

Shares of FRFHF traded down $16.90 during trading hours on Friday, reaching $1,245.52. 1,953 shares of the company traded hands, compared to its average volume of 4,070. The stock has a fifty day simple moving average of $1,237.02 and a 200 day simple moving average of $1,163.59. Fairfax Financial has a fifty-two week low of $808.75 and a fifty-two week high of $1,295.00. The stock has a market capitalization of $28.92 billion, a PE ratio of 7.64 and a beta of 0.78. The company has a quick ratio of 4.09, a current ratio of 4.09 and a debt-to-equity ratio of 0.42.

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.