
Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF – Free 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”.
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
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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