Fairfax Financial Holdings Limited (TSE:FFH – Get Rating) – Cormark raised their Q2 2022 earnings per share estimates for Fairfax Financial in a note issued to investors on Monday, May 2nd. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $21.67 for the quarter, up from their prior estimate of $18.02. Cormark currently has a “Outperform” rating and a $860.00 target price on the stock. Cormark also issued estimates for Fairfax Financial’s Q3 2022 earnings at $21.72 EPS, Q4 2022 earnings at $23.35 EPS, FY2022 earnings at $72.49 EPS, Q1 2023 earnings at $22.34 EPS, Q2 2023 earnings at $24.23 EPS, Q3 2023 earnings at $24.51 EPS, Q4 2023 earnings at $27.43 EPS and FY2023 earnings at $98.50 EPS.
Fairfax Financial (TSE:FFH – Get Rating) last posted its earnings results on Thursday, February 10th. The company reported C$42.41 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$49.47 by C($7.06). The business had revenue of C$8.73 billion for the quarter, compared to analysts’ expectations of C$10.05 billion.
Shares of TSE FFH opened at C$683.46 on Wednesday. The company has a market cap of C$21.11 billion and a PE ratio of 4.37. Fairfax Financial has a 12 month low of C$493.00 and a 12 month high of C$716.59. The company has a debt-to-equity ratio of 41.72, a current ratio of 1.43 and a quick ratio of 1.01. The company has a 50-day simple moving average of C$649.45 and a 200-day simple moving average of C$609.13.
In other news, insider Andrew Barnard sold 2,588 shares of the business’s stock in a transaction on Tuesday, February 22nd. The shares were sold at an average price of C$646.33, for a total transaction of C$1,672,695.04. Following the completion of the transaction, the insider now owns 60,865 shares of the company’s stock, valued at C$39,338,710.87.
About Fairfax Financial (Get Rating)
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 Insurance and Reinsurance, Run-off, and Non-Insurance Companies segments.
- What’s Next For Starbucks (NASDAQ: SBUX)?
- 3 Earnings Plays With Big Move Potential
- There Are Weeds In The Garden At Scotts Miracle-Gro
- It’s Time For FuboTV to Stand Out in the Sea of Streaming
- Landstar Systems Stock Can Bottom Down Here
Receive News & Ratings for Fairfax Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fairfax Financial and related companies with MarketBeat.com's FREE daily email newsletter.