Fairfax Financial (OTCMKTS:FRFHF) Rating Lowered to "Hold" at Cormark

Key Points

• Fairfax Financial has been downgraded from a "moderate buy" to a "hold" rating by analysts at Cormark, who also projected FY2025 earnings at $177.03 EPS.
• In contrast, analysts from National Bankshares and BMO Capital Markets maintained their "outperform" ratings, showcasing mixed sentiment among investment firms.
• Fairfax Financial's recent quarterly earnings report revealed an EPS of $61.61, surpassing analyst expectations, however, revenue fell short of predictions at $9.18 billion.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) was downgraded by analysts at Cormark from a "moderate buy" rating to a "hold" rating in a research note issued on Wednesday,Zacks.com reports. Cormark also issued estimates for Fairfax Financial's FY2025 earnings at $177.03 EPS.

Other research analysts have also issued research reports about the company. National Bankshares reissued an "outperform" rating on shares of Fairfax Financial in a research report on Wednesday, April 30th. Royal Bank Of Canada raised Fairfax Financial to a "moderate buy" rating in a research report on Wednesday, June 18th. Raymond James Financial raised Fairfax Financial to a "moderate buy" rating in a research report on Thursday, April 10th. Wall Street Zen lowered Fairfax Financial from a "strong-buy" rating to a "buy" rating in a research report on Sunday. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Fairfax Financial in a research report on Monday, May 5th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Fairfax Financial has an average rating of "Moderate Buy" and an average target price of $1,500.00.

Fairfax Financial Trading Down 1.2%

FRFHF opened at $1,736.97 on Wednesday. The business has a 50 day simple moving average of $1,759.97 and a two-hundred day simple moving average of $1,565.71. The firm has a market capitalization of $39.31 billion, a price-to-earnings ratio of 8.80 and a beta of 0.79. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.20 and a quick ratio of 4.20. Fairfax Financial has a one year low of $1,037.00 and a one year high of $1,833.48.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The financial services provider reported $61.61 EPS for the quarter, beating analysts' consensus estimates of $60.25 by $1.36. The business had revenue of $9.18 billion during the quarter, compared to analyst estimates of $9.30 billion. Fairfax Financial had a return on equity of 16.39% and a net margin of 14.68%. Analysts predict that Fairfax Financial will post 166.85 EPS for the current year.

About Fairfax Financial

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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