Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Short Interest Up 16.9% in February

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 87,300 shares, an increase of 16.9% from the February 13th total of 74,700 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is presently 13.4 days. Currently, 0.4% of the company's shares are sold short.

Fairfax Financial Stock Down 0.7 %

Shares of OTCMKTS:FRFHF traded down $9.74 during midday trading on Friday, reaching $1,388.39. The company had a trading volume of 2,520 shares, compared to its average volume of 4,441. The stock has a market cap of $31.64 billion, a PE ratio of 8.62 and a beta of 0.80. 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 has a 1-year low of $1,027.00 and a 1-year high of $1,493.52. The business's 50 day moving average price is $1,400.20 and its 200 day moving average price is $1,349.46.

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

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Fairfax Financial Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 16th were paid a $15.00 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 1.09%. Fairfax Financial's payout ratio is 9.31%.

Wall Street Analysts Forecast Growth

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

About Fairfax Financial

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.