Cormark Reduces Earnings Estimates for Fairfax Financial

Fairfax Financial Holdings Limited (TSE:FFH - Free Report) - Investment analysts at Cormark cut their FY2025 earnings per share estimates for shares of Fairfax Financial in a research note issued on Monday, May 5th. Cormark analyst J. Fenwick now anticipates that the company will post earnings of $243.47 per share for the year, down from their prior estimate of $243.73. The consensus estimate for Fairfax Financial's current full-year earnings is $212.30 per share. Cormark also issued estimates for Fairfax Financial's FY2026 earnings at $275.37 EPS.

A number of other equities analysts have also recently weighed in on the company. CIBC upped their price target on Fairfax Financial from C$2,500.00 to C$2,700.00 in a report on Friday, May 2nd. Raymond James set a C$2,600.00 price target on Fairfax Financial and gave the stock an "outperform" rating in a report on Friday, April 11th. BMO Capital Markets upped their price target on Fairfax Financial from C$2,400.00 to C$2,500.00 in a report on Monday, May 5th. Scotiabank upped their price target on Fairfax Financial from C$2,400.00 to C$2,500.00 and gave the stock a "sector perform" rating in a report on Thursday, April 24th. Finally, National Bankshares upped their price target on Fairfax Financial from C$2,600.00 to C$2,700.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. One analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of C$2,446.43.

Fairfax Financial Stock Performance

Shares of TSE:FFH traded up C$1.66 during trading on Thursday, reaching C$2,201.01. 30,961 shares of the stock were exchanged, compared to its average volume of 62,468. Fairfax Financial has a 12-month low of C$1,425.00 and a 12-month high of C$2,252.93. The firm has a market cap of C$35.30 billion, a price-to-earnings ratio of 8.43, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83. The firm's 50-day moving average price is C$2,049.32 and its 200 day moving average price is C$1,992.42.

Insider Buying and Selling at Fairfax Financial

In related news, Director Roger Lace sold 100 shares of the company's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of C$2,210.87, for a total transaction of C$221,087.00. Also, Director Brian David Young sold 3,337 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of C$1,934.05, for a total value of C$6,453,923.52. Insiders have sold a total of 6,792 shares of company stock valued at $13,498,692 in the last three months. Corporate insiders own 3.76% of the company's stock.

Fairfax Financial Company Profile

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.