FY2025 Earnings Estimate for OTCMKTS:FRFHF Issued By Cormark

Key Points

• Cormark increased its FY2025 earnings per share estimate for Fairfax Financial to $177.03, up from $173.91, while maintaining a "Hold" rating on the stock.
• Fairfax Financial's recent quarterly earnings beat expectations, reporting $61.61 per share compared to the consensus estimate of $60.25.
• The company holds an average rating of "Moderate Buy" with a consensus target price of $1,500.00, indicating positive sentiment from several analysts.

Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF - Free Report) - Research analysts at Cormark upped their FY2025 EPS estimates for shares of Fairfax Financial in a research note issued to investors on Wednesday, August 6th. Cormark analyst J. Fenwick now anticipates that the financial services provider will earn $177.03 per share for the year, up from their previous estimate of $173.91. Cormark has a "Hold" rating on the stock. The consensus estimate for Fairfax Financial's current full-year earnings is $166.85 per share.

Several other research firms have also commented on FRFHF. National Bankshares reiterated an "outperform" rating on shares of Fairfax Financial in a research note on Wednesday, April 30th. BMO Capital Markets restated an "outperform" rating on shares of Fairfax Financial in a research note on Monday, May 5th. Raymond James Financial upgraded shares of Fairfax Financial to a "moderate buy" rating in a research report on Thursday, April 10th. Royal Bank Of Canada upgraded shares of Fairfax Financial to a "moderate buy" rating in a research report on Wednesday, June 18th. Finally, Wall Street Zen downgraded Fairfax Financial from a "strong-buy" rating to a "buy" rating in a research report on Sunday. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $1,500.00.

Fairfax Financial Stock Performance

Shares of FRFHF stock opened at $1,736.97 on Thursday. The firm has a 50 day moving average of $1,759.97 and a 200-day moving average of $1,565.71. The company has a market cap of $39.31 billion, a price-to-earnings ratio of 8.80 and a beta of 0.79. The company has a quick ratio of 4.20, a current ratio of 4.20 and a debt-to-equity ratio of 0.45. Fairfax Financial has a 52 week low of $1,037.00 and a 52 week high of $1,833.48.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last issued 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. Fairfax Financial had a net margin of 14.68% and a return on equity of 16.39%. The business had revenue of $9.18 billion for the quarter, compared to analysts' expectations of $9.30 billion.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.