Fairfax Financial Holdings Limited (OTCMKTS:FRFHF – Free Report) – National Bank Financial lifted their FY2024 earnings per share (EPS) estimates for Fairfax Financial in a research report issued on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now expects that the financial services provider will post earnings per share of $154.34 for the year, up from their prior forecast of $151.00. The consensus estimate for Fairfax Financial’s current full-year earnings is $149.75 per share. National Bank Financial also issued estimates for Fairfax Financial’s Q4 2024 earnings at $43.72 EPS.
Separately, Royal Bank of Canada increased their price target on shares of Fairfax Financial from $1,425.00 to $1,500.00 and gave the company an “outperform” rating in a report on Monday, November 4th.
Fairfax Financial Stock Up 0.5 %
FRFHF stock opened at $1,394.81 on Wednesday. The firm has a market capitalization of $31.93 billion, a PE ratio of 8.53 and a beta of 0.80. The business’s 50 day simple moving average is $1,390.58 and its 200 day simple moving average is $1,288.16. Fairfax Financial has a 1-year low of $904.98 and a 1-year high of $1,464.00. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.39.
Fairfax Financial Dividend Announcement
The firm also recently disclosed an annual dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, January 16th were paid a $15.00 dividend. This represents a yield of 1.09%. The ex-dividend date of this dividend was Thursday, January 16th. Fairfax Financial’s dividend payout ratio (DPR) is 9.17%.
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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