Fairfax Financial Holdings Limited (TSE:FFH – Free Report) – Equities researchers at Cormark issued their Q3 2023 earnings per share estimates for shares of Fairfax Financial in a note issued to investors on Monday, October 30th. Cormark analyst J. Fenwick expects that the company will post earnings of $25.87 per share for the quarter. The consensus estimate for Fairfax Financial’s current full-year earnings is $177.86 per share. Cormark also issued estimates for Fairfax Financial’s Q4 2023 earnings at $52.44 EPS.
Fairfax Financial (TSE:FFH – Get Free Report) last announced its earnings results on Thursday, August 3rd. The company reported C$38.68 earnings per share for the quarter, missing the consensus estimate of C$41.60 by C($2.92). Fairfax Financial had a return on equity of 12.49% and a net margin of 8.39%. The business had revenue of C$8.94 billion for the quarter.
Fairfax Financial Stock Performance
Shares of FFH opened at C$1,160.69 on Wednesday. The stock has a 50-day moving average of C$1,131.58 and a two-hundred day moving average of C$1,042.91. Fairfax Financial has a one year low of C$657.62 and a one year high of C$1,175.56. The company has a debt-to-equity ratio of 35.80, a quick ratio of 0.93 and a current ratio of 3.66. The stock has a market cap of C$28.26 billion, a P/E ratio of 8.38, a P/E/G ratio of 0.27 and a beta of 0.87.
Insider Activity at Fairfax Financial
In related news, insider Andrew Barnard sold 100 shares of Fairfax Financial stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of C$842.00, for a total value of C$84,200.00. 3.61% of the stock is owned by company insiders.
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.
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