Fairfax Financial Holdings Limited (TSE:FFH) Insider Sells C$498,704.00 in Stock

Fairfax Financial Holdings Limited (TSE:FFH) insider Andrew Barnard sold 439 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of C$1,136.00, for a total transaction of C$498,704.00.

Andrew Barnard also recently made the following trade(s):

• On Friday, March 15th, Andrew Barnard sold 2,572 shares of Fairfax Financial stock. The shares were sold at an average price of C$1,120.68, for a total transaction of C$2,882,388.96.

Fairfax Financial Stock Up 0.7 %

Shares of TSE:FFH opened at C$1,562.45 on Friday. The company has a debt-to-equity ratio of 37.45, a quick ratio of 0.93 and a current ratio of 3.87. The company has a market cap of C$34.50 billion, a PE ratio of 7.36, a price-to-earnings-growth ratio of 0.27 and a beta of 0.86. Fairfax Financial Holdings Limited has a 52 week low of C$915.03 and a 52 week high of C$1,575.31. The firm has a 50 day simple moving average of C$1,496.69 and a 200 day simple moving average of C$1,345.74.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings results on Thursday, February 15th. The company reported C$71.98 EPS for the quarter, missing the consensus estimate of C$81.40 by C($9.42). The firm had revenue of C$9.40 billion during the quarter, compared to analysts’ expectations of C$10.25 billion. Fairfax Financial had a net margin of 12.26% and a return on equity of 17.26%. As a group, research analysts expect that Fairfax Financial Holdings Limited will post 193.642409 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on FFH. Royal Bank of Canada increased their price objective on shares of Fairfax Financial from C$1,200.00 to C$1,275.00 and gave the company an “outperform” rating in a report on Monday. Cormark increased their target price on shares of Fairfax Financial from C$1,600.00 to C$1,800.00 in a research note on Thursday, April 18th. Scotiabank cut their target price on shares of Fairfax Financial from C$2,000.00 to C$1,950.00 and set an “outperform” rating for the company in a research note on Monday. BMO Capital Markets increased their target price on shares of Fairfax Financial from C$1,650.00 to C$1,800.00 in a research note on Monday. Finally, CIBC increased their target price on shares of Fairfax Financial from C$1,700.00 to C$2,000.00 in a research note on Wednesday, March 13th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$1,820.83.

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.