Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $1,829.00 and last traded at $1,825.00, with a volume of 9485 shares changing hands. The stock had previously closed at $1,807.36.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the stock. National Bankshares restated an "outperform" rating on shares of Fairfax Financial in a research note on Wednesday, April 30th. Royal Bank Of Canada raised shares of Fairfax Financial to a "moderate buy" rating in a report on Wednesday, June 18th. Raymond James Financial raised shares of Fairfax Financial to a "moderate buy" rating in a report on Thursday, April 10th. Finally, BMO Capital Markets reaffirmed an "outperform" rating on shares of Fairfax Financial in a report on Monday, May 5th.
View Our Latest Analysis on FRFHF
Fairfax Financial Trading Down 0.4%
The company's fifty day moving average price is $1,650.17 and its two-hundred day moving average price is $1,488.36. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.44. The firm has a market cap of $40.32 billion, a P/E ratio of 10.30 and a beta of 0.77.
Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The financial services provider reported $42.70 EPS for the quarter, topping analysts' consensus estimates of $31.92 by $10.78. Fairfax Financial had a net margin of 13.10% and a return on equity of 14.90%. The firm had revenue of $8.47 billion for the quarter, compared to analyst estimates of $7.76 billion. As a group, sell-side analysts predict that Fairfax Financial Holdings Ltd. will post 166.85 EPS for the current fiscal year.
About Fairfax Financial
(
Get Free Report)
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.
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