FY2027 EPS Estimate for Fairfax Financial Lowered by Analyst

Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHFFree Report) – Equities researchers at DOWLING & PARTN cut their FY2027 earnings per share estimates for Fairfax Financial in a report issued on Friday, August 7th. DOWLING & PARTN analyst J. Ferguson now anticipates that the financial services provider will post earnings of $125.00 per share for the year, down from their prior estimate of $127.74. The consensus estimate for Fairfax Financial’s current full-year earnings is $170.73 per share. DOWLING & PARTN also issued estimates for Fairfax Financial’s FY2028 earnings at $128.57 EPS.

FRFHF has been the topic of several other reports. Zacks Research cut shares of Fairfax Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 3rd. Canadian Imperial Bank of Commerce started coverage on shares of Fairfax Financial in a research report on Friday, June 26th. They set a “neutral” rating for the company. Finally, Scotiabank restated an “outperform” rating on shares of Fairfax Financial in a research note on Friday, July 24th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on Fairfax Financial

Fairfax Financial Price Performance

Fairfax Financial stock opened at $1,679.27 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.60 and a quick ratio of 3.60. The business has a 50 day simple moving average of $1,648.96 and a 200-day simple moving average of $1,674.65. Fairfax Financial has a 12 month low of $1,500.00 and a 12 month high of $1,949.00. The stock has a market capitalization of $34.98 billion, a PE ratio of 8.23 and a beta of 0.49.

About Fairfax Financial

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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.

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