Cormark Has Negative Forecast for TSE:FFH FY2026 Earnings

Key Points

• Cormark analyst J. Fenwick has cut the FY2026 EPS estimate for Fairfax Financial to $225.94, down from $275.37, while maintaining a "Hold" rating on the stock.
• Recent target price adjustments from several firms have raised forecasts for Fairfax Financial, with BMO Capital Markets and National Bank both increasing their target prices substantially.
• Insider transactions revealed significant stock sales, with a total of 2,424 shares sold by insiders over the last 90 days, indicating potential concerns from within the company.

Fairfax Financial Holdings Limited (TSE:FFH - Free Report) - Investment analysts at Cormark cut their FY2026 EPS estimates for Fairfax Financial in a report issued on Wednesday, August 6th. Cormark analyst J. Fenwick now forecasts that the company will post earnings per share of $225.94 for the year, down from their prior estimate of $275.37. Cormark currently has a "Hold" rating on the stock. The consensus estimate for Fairfax Financial's current full-year earnings is $212.30 per share.

Other research analysts have also recently issued reports about the stock. BMO Capital Markets increased their target price on shares of Fairfax Financial from C$2,500.00 to C$2,800.00 in a report on Friday, July 11th. National Bankshares upped their target price on Fairfax Financial from C$2,700.00 to C$3,000.00 and gave the stock an "outperform" rating in a report on Tuesday, July 29th. Royal Bank Of Canada boosted their price target on Fairfax Financial from C$2,050.00 to C$2,200.00 and gave the stock an "outperform" rating in a research report on Tuesday. Scotiabank lifted their target price on Fairfax Financial from C$2,500.00 to C$2,900.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Finally, CIBC lifted their price objective on shares of Fairfax Financial from C$2,500.00 to C$2,700.00 in a research report on Friday, May 2nd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$2,742.86.

Fairfax Financial Stock Performance

TSE FFH traded down C$14.09 on Friday, reaching C$2,388.90. 13,373 shares of the stock traded hands, compared to its average volume of 54,612. Fairfax Financial has a 12 month low of C$1,459.66 and a 12 month high of C$2,521.95. The company has a fifty day moving average price of C$2,410.42 and a 200-day moving average price of C$2,189.43. The company has a market cap of C$38.32 billion, a price-to-earnings ratio of 9.15, a PEG ratio of 0.27 and a beta of 0.83.

Insider Transactions at Fairfax Financial

In other news, Director Kleven Sava sold 181 shares of the company's stock in a transaction on Monday, June 23rd. The shares were sold at an average price of C$2,465.95, for a total value of C$446,336.95. Also, Director F. Brian Bradstreet sold 700 shares of the stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of C$2,503.00, for a total value of C$1,752,100.00. Over the last 90 days, insiders bought 19 shares of company stock valued at $45,878 and sold 2,424 shares valued at $5,746,799. 3.76% of the stock is owned by company insiders.

About Fairfax Financial

Fairfax Financial is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.

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