Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) have received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several analysts have weighed in on the stock. Scotiabank reissued an “outperform” rating on shares of Fairfax Financial in a research note on Friday, January 30th. Zacks Research cut Fairfax Financial from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Finally, BMO Capital Markets cut Fairfax Financial from an “outperform” rating to a “hold” rating in a research note on Wednesday, January 21st.

Fairfax Financial Trading Down 0.1%

FRFHF stock opened at $1,684.37 on Friday. The company has a market capitalization of $36.85 billion, a PE ratio of 7.87 and a beta of 0.59. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.78 and a current ratio of 3.78. Fairfax Financial has a one year low of $1,292.53 and a one year high of $1,949.00. The company’s 50 day moving average price is $1,700.05 and its two-hundred day moving average price is $1,726.91.

Fairfax Financial (OTCMKTS:FRFHF) last announced its quarterly earnings data on Thursday, February 19th. The financial services provider reported $57.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $55.45 by $2.12. Fairfax Financial had a net margin of 15.10% and a return on equity of 16.29%. The company had revenue of $7.71 billion during the quarter, compared to analysts’ expectations of $7.62 billion. As a group, analysts predict that Fairfax Financial will post 166.85 earnings per share for the current fiscal year.

Fairfax Financial Company Profile

Fairfax Financial (OTCMKTS:FRFHF) is a Toronto-based financial holding company primarily engaged in property and casualty insurance, reinsurance and investment management. The company underwrites a broad range of commercial and personal insurance products, operates specialty and run-off reinsurance businesses, and manages a diversified investment portfolio largely funded by insurance float. Fairfax conducts its insurance operations through a network of subsidiaries and affiliated companies that provide local underwriting and claims services across multiple markets.

On the insurance side, Fairfax writes a mix of short-tail and long-tail coverages across specialty lines, commercial casualty, property and other niche markets, while its reinsurance activities include treaty and facultative solutions for cedants and intermediaries.