OTCMKTS:FRFHF

Fairfax Financial (FRFHF) Stock Price, News & Analysis

$1,078.29
-6.66 (-0.61%)
(As of 04/24/2024 ET)
Today's Range
$1,076.33
$1,089.41
50-Day Range
$996.00
$1,141.64
52-Week Range
$650.03
$1,149.56
Volume
2,522 shs
Average Volume
3,610 shs
Market Capitalization
$25.93 billion
P/E Ratio
6.22
Dividend Yield
N/A
Price Target
$747.00

Fairfax Financial MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.7% Downside
$747.00 Price Target
Short Interest
Bearish
0.36% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.31 out of 5 stars

FRFHF stock logo

About Fairfax Financial Stock (OTCMKTS:FRFHF)

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. It insures against losses to property from fire, explosion, earthquake, windstorm, flood, terrorism, boiler explosion, machinery breakdown, and construction defects, as well as underwrites automobile, commercial and personal property, and crop insurance. The company also offers workers' compensation, automobile, employer's liability, accident and health, medical malpractice, professional liability, and umbrella coverage insurance products; marine, aerospace, surety risk, and other risks and liabilities insurance products; and reinsurance products. In addition, it franchises, owns, and operates restaurants; retails sports lifestyle products; provides integrated travel and travel-related financial services, as well as advanced digital tools for agriculture; owns and operates holiday resorts; originates, processes, and distributes value-added pulses and staple foods; develops, manages, and invests in hospitality real estate. The company was formerly known as Markel Financial Holdings Limited and changed its name to Fairfax Financial Holdings Limited in 1987. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada.

FRFHF Stock Price History

FRFHF Stock News Headlines

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Is Fairfax Financial Stock a Buy?
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Current Symbol
OTCMKTS:FRFHF
Employees
51,044
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$747.00
High Stock Price Target
$1,200.00
Low Stock Price Target
$525.00
Potential Upside/Downside
-30.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$4.38 billion
Pretax Margin
63.02%

Debt

Sales & Book Value

Annual Sales
$26.93 billion
Cash Flow
$206.17 per share
Book Value
$1,087.60 per share

Miscellaneous

Free Float
N/A
Market Cap
$25.93 billion
Optionable
Not Optionable
Beta
0.81
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Key Executives

  • Mr. V. Prem Watsa (Age 74)
    Founder, Chairman & CEO
    Comp: $442.02k
  • Mr. Peter S. Clarke (Age 52)
    President & COO
    Comp: $1.95M
  • Ms. Jennifer J. S. Allen (Age 54)
    VP & CFO
    Comp: $1.46M
  • Mr. Jean Cloutier (Age 60)
    VP & Chairman of International
    Comp: $1.77M
  • Mr. Bryan Bailey
    Vice President of Tax
  • Mr. Vinodh Loganadhan
    Vice President of Administrative Services
  • Mr. Derek Bulas
    VP & Chief Legal Officer
  • Mr. John Charles Varnell CPA (Age 67)
    Vice President of Corporate Development
    Comp: $731.03k
  • Mr. Paul Adamson (Age 56)
    Chief Executive Officer of GIG Gulf
  • Mr. Khaled Saoud Abdul Aziz Al Hasan (Age 71)
    Group Chief Executive Officer of Gulf Insurance

Should I Buy Fairfax Financial Stock? FRFHF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Fairfax Financial Holdings Limited:

  • Fairfax Financial's stock price reached a new 52-week high, indicating positive market sentiment and potential for further growth.
  • The company has a strong return on equity of 18.14%, showcasing efficient use of shareholder funds to generate profits.
  • Fairfax Financial increased its annual dividend, providing investors with a higher yield and potentially attracting income-focused investors.
  • The company operates in multiple segments including property and casualty insurance, reinsurance, and investment management, diversifying its revenue streams and reducing risk.
  • With a market capitalization of $27.51 billion, Fairfax Financial is a well-established and sizable player in the industry, offering stability to investors.

Cons

Investors should be bearish about investing in Fairfax Financial Holdings Limited for these reasons:

  • Despite the positive aspects, Fairfax Financial's stock price volatility may pose risks to investors seeking stable returns.
  • The company's debt-to-equity ratio of 0.37 indicates a moderate level of leverage, which could increase financial risk during economic downturns.
  • While the company reported strong earnings, investors should be cautious of potential market fluctuations impacting Fairfax Financial's profitability.
  • Fairfax Financial's price-to-earnings ratio of 6.55 may suggest that the stock is currently overvalued, potentially limiting upside potential for investors.
  • Investors should consider the competitive landscape in the insurance and reinsurance industry, as increased competition could impact Fairfax Financial's market position and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Fairfax Financial pros and cons to contact@marketbeat.com.

FRFHF Stock Analysis - Frequently Asked Questions

Should I buy or sell Fairfax Financial stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fairfax Financial in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" FRFHF shares.
View FRFHF analyst ratings
or view top-rated stocks.

What is Fairfax Financial's stock price target for 2024?

1 equities research analysts have issued 12-month price objectives for Fairfax Financial's stock. Their FRFHF share price targets range from $525.00 to $1,200.00. On average, they expect the company's stock price to reach $747.00 in the next twelve months. This suggests that the stock has a possible downside of 30.7%.
View analysts price targets for FRFHF
or view top-rated stocks among Wall Street analysts.

How have FRFHF shares performed in 2024?

Fairfax Financial's stock was trading at $920.7615 at the beginning of 2024. Since then, FRFHF stock has increased by 17.1% and is now trading at $1,078.29.
View the best growth stocks for 2024 here
.

Are investors shorting Fairfax Financial?

Fairfax Financial saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 79,200 shares, an increase of 7.2% from the March 15th total of 73,900 shares. Based on an average daily trading volume, of 21,000 shares, the days-to-cover ratio is currently 3.8 days.
View Fairfax Financial's Short Interest
.

How were Fairfax Financial's earnings last quarter?

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) issued its earnings results on Thursday, February, 15th. The financial services provider reported $52.87 earnings per share for the quarter. The financial services provider earned $6.90 billion during the quarter. Fairfax Financial had a net margin of 16.27% and a trailing twelve-month return on equity of 18.14%.

How often does Fairfax Financial pay dividends? What is the dividend yield for Fairfax Financial?

Fairfax Financial declared an annual dividend on Wednesday, January 3rd. Shareholders of record on Thursday, January 18th will be given a dividend of $15.00 per share on Thursday, January 25th. This represents a yield of 1.56%. The ex-dividend date is Wednesday, January 17th. This is an increase from the stock's previous annual dividend of $10.00.
Read our dividend analysis for FRFHF
.

How do I buy shares of Fairfax Financial?

Shares of FRFHF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:FRFHF) was last updated on 4/25/2024 by MarketBeat.com Staff

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