Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $1,608.91 and last traded at $1,584.55, with a volume of 2834 shares changing hands. The stock had previously closed at $1,590.57.
Wall Street Analysts Forecast Growth
Several analysts have commented on FRFHF shares. BMO Capital Markets reiterated an "outperform" rating on shares of Fairfax Financial in a research note on Monday, May 5th. National Bankshares reiterated an "outperform" rating on shares of Fairfax Financial in a report on Wednesday, April 30th. Finally, Raymond James upgraded shares of Fairfax Financial to a "moderate buy" rating in a research note on Thursday, April 10th.
Read Our Latest Analysis on Fairfax Financial
Fairfax Financial Price Performance
The company has a market capitalization of $35.75 billion, a P/E ratio of 9.79 and a beta of 0.76. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.65 and a quick ratio of 2.45. The firm's 50-day moving average is $1,453.44 and its 200-day moving average is $1,407.64.
Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The financial services provider reported $42.70 EPS for the quarter, topping the consensus estimate of $31.92 by $10.78. Fairfax Financial had a return on equity of 14.43% and a net margin of 12.47%. The firm had revenue of $8.47 billion for the quarter, compared to the consensus estimate of $7.76 billion. Analysts predict that Fairfax Financial Holdings Limited will post 166.85 EPS for the current fiscal year.
Fairfax Financial Company Profile
(
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.
See Also
Before you consider Fairfax Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fairfax Financial wasn't on the list.
While Fairfax Financial currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
