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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
TSE:FFH

Fairfax Financial (FFH) Stock Price, News & Analysis

C$1,504.59
+21.39 (+1.44%)
(As of 04/18/2024 ET)
Today's Range
C$1,475.58
C$1,504.59
50-Day Range
C$1,261.17
C$1,548.94
52-Week Range
C$904.60
C$1,563.49
Volume
44,089 shs
Average Volume
84,164 shs
Market Capitalization
C$33.31 billion
P/E Ratio
6.42
Dividend Yield
1.35%
Price Target
C$1,725.00

Fairfax Financial MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.9% Upside
C$1,758.33 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.60mentions of Fairfax Financial in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
C$5.84 M Sold Last Quarter
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.

2.77 out of 5 stars

FFH stock logo

About Fairfax Financial Stock (TSE:FFH)

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.

FFH Stock Price History

FFH Stock News Headlines

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During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
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During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
Making bank complaints in Canada has gotten easier
Fairfax Financial Holdings Ltd (FFH-U.TO)
Fairfax Completes US$1 Billion Senior Notes Offering
Fairfax Financial Holdings Ltd Pref K (FFH_pk)
Fairfax: Confidence Restored By Record Results
Fairfax Financial Holdings Limited (FFH-PM.TO)
See More Headlines
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Company Calendar

Ex-Dividend for 1/25 Dividend
1/17/2024
Dividend Payable
1/25/2024
Last Earnings
2/15/2024
Today
4/18/2024
Next Earnings (Estimated)
5/09/2024

Industry, Sector and Symbol

Industry
Insurance - Property & Casualty
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
47,040
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$1,758.33
High Stock Price Target
C$2,000.00
Low Stock Price Target
C$1,200.00
Potential Upside/Downside
+14.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
C$4.33 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$31.83 billion
Cash Flow
C$641.26 per share
Book Value
C$939.65 per share

Miscellaneous

Free Float
N/A
Market Cap
C$33.31 billion
Optionable
Not Optionable
Beta
0.86
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Key Executives

  • Mr. V. Prem Watsa (Age 74)
    Founder, Chairman & CEO
    Comp: $600k
  • Mr. Peter S. Clarke (Age 52)
    President & COO
    Comp: $2.65M
  • Ms. Jennifer J. S. Allen (Age 54)
    VP & CFO
    Comp: $1.98M
  • Mr. Jean Cloutier (Age 60)
    VP & Chairman of International
    Comp: $2.41M
  • 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: $992.3k
  • 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? FFH Pros and Cons Explained

Pros

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

  • Fairfax Financial Holdings Limited has a strong track record of providing property and casualty insurance, reinsurance, and investment management services in various regions globally, offering diversification and stability to investors.
  • The company has shown consistent growth in revenue and earnings, indicating financial stability and potential for long-term returns.
  • Recent insider buying activity, such as Director David Lloyd Johnston purchasing shares, can be seen as a positive signal about the company's future prospects.
  • Analysts have set optimistic price targets for Fairfax Financial, suggesting potential for stock price appreciation in the future.
  • Despite missing earnings estimates in the last quarter, Fairfax Financial's dividend increase and low dividend payout ratio indicate a commitment to rewarding shareholders and financial strength.

Cons

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

  • While the company has a history of strong performance, its stock price has experienced significant fluctuations, which may introduce volatility and risk for investors.
  • Fairfax Financial's recent earnings miss compared to analyst estimates could raise concerns about the company's ability to meet future financial expectations.
  • The company operates in the insurance industry, which is subject to regulatory changes, catastrophic events, and economic downturns, posing risks to its business operations and financial performance.
  • High debt-to-equity ratio of Fairfax Financial could indicate increased financial leverage and potential vulnerability to economic downturns or interest rate changes.
  • Market analysts have highlighted risks associated with Fairfax Financial's business model and industry exposure, cautioning investors about potential challenges ahead.
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.

FFH Stock Analysis - Frequently Asked Questions

Should I buy or sell Fairfax Financial stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fairfax Financial in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FFH shares.
View FFH analyst ratings
or view top-rated stocks.

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

5 equities research analysts have issued 12-month target prices for Fairfax Financial's stock. Their FFH share price targets range from C$1,200.00 to C$2,000.00. On average, they expect the company's share price to reach C$1,758.33 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price.
View analysts price targets for FFH
or view top-rated stocks among Wall Street analysts.

How have FFH shares performed in 2024?

Fairfax Financial's stock was trading at C$1,222.51 at the beginning of the year. Since then, FFH shares have increased by 23.1% and is now trading at C$1,504.59.
View the best growth stocks for 2024 here
.

When is Fairfax Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our FFH earnings forecast
.

How were Fairfax Financial's earnings last quarter?

Fairfax Financial Holdings Limited (TSE:FFH) issued its quarterly earnings results on Thursday, February, 15th. The company reported $71.98 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $81.40 by $9.42. The company earned $9.40 billion during the quarter, compared to the consensus estimate of $10.25 billion. Fairfax Financial had a trailing twelve-month return on equity of 20.09% and a net margin of 13.76%.

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. Stockholders of record on Thursday, January 18th will be paid a dividend of 19.871 per share on Thursday, January 25th. This represents a yield of 1.63%. The ex-dividend date of this dividend is Wednesday, January 17th. This is a positive change from the stock's previous annual dividend of C$13.42.
Read our dividend analysis for FFH
.

Is Fairfax Financial a good dividend stock?

Fairfax Financial (TSE:FFH) pays an annual dividend of C$20.29 per share and currently has a dividend yield of 1.34%. The dividend payout ratio is 8.66%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FFH.

What other stocks do shareholders of Fairfax Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fairfax Financial investors own include Enbridge (ENB), Costco Wholesale (COST), AT&T (T), Berkshire Hathaway (BRK.B), Pembina Pipeline (PPL), Bank of Nova Scotia (BNS), Dollarama (DOL), Nutrien (NTR), Mastercard (MA) and Toronto-Dominion Bank (TD).

How do I buy shares of Fairfax Financial?

Shares of FFH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:FFH) was last updated on 4/19/2024 by MarketBeat.com Staff

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