Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Sees Large Decrease in Short Interest

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 74,700 shares, a decline of 24.3% from the January 31st total of 98,700 shares. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is presently 9.3 days.

Fairfax Financial Stock Performance

Shares of FRFHF stock traded up $3.78 on Friday, hitting $1,425.00. The company had a trading volume of 4,302 shares, compared to its average volume of 4,415. The firm has a market cap of $32.59 billion, a P/E ratio of 8.85 and a beta of 0.80. Fairfax Financial has a twelve month low of $1,027.00 and a twelve month high of $1,493.52. The company has a 50-day moving average price of $1,398.94 and a 200-day moving average price of $1,332.13. The company has a quick ratio of 2.45, a current ratio of 3.65 and a debt-to-equity ratio of 0.43.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The financial services provider reported $50.42 EPS for the quarter, topping 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 business had revenue of $7.74 billion for the quarter, compared to analyst estimates of $7.51 billion. As a group, equities research analysts predict that Fairfax Financial will post 166.85 earnings per share for the current fiscal year.

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Fairfax Financial Announces Dividend

The company also recently disclosed 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 was Thursday, January 16th. This represents a dividend yield of 1.09%. Fairfax Financial's dividend payout ratio (DPR) is currently 9.31%.

Analyst Ratings Changes

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

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.