Cormark Issues Positive Estimate for OTCMKTS:FRFHF Earnings

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) – Research analysts at Cormark boosted their FY2025 earnings estimates for Fairfax Financial in a research report issued to clients and investors on Monday, May 5th. Cormark analyst J. Fenwick now anticipates that the financial services provider will earn $173.91 per share for the year, up from their previous estimate of $171.64. The consensus estimate for Fairfax Financial’s current full-year earnings is $166.85 per share.

Fairfax Financial (OTCMKTS:FRFHF) last released its quarterly earnings data on Thursday, May 1st. The financial services provider reported $42.70 earnings per share for the quarter, topping the consensus estimate of $31.92 by $10.78. Fairfax Financial had a return on equity of 14.43% and a net margin of 12.47%. The business had revenue of $8.47 billion during the quarter, compared to analyst estimates of $7.76 billion.

A number of other research firms have also issued reports on FRFHF. Raymond James raised shares of Fairfax Financial to a “moderate buy” rating in a research report on Thursday, April 10th. National Bankshares reiterated an “outperform” rating on shares of Fairfax Financial in a research report on Wednesday, April 30th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Fairfax Financial in a report on Monday.

Fairfax Financial Trading Down 0.9 %

OTCMKTS FRFHF opened at $1,597.01 on Wednesday. The firm’s 50 day moving average price is $1,450.22 and its two-hundred day moving average price is $1,404.36. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.45 and a current ratio of 3.65. Fairfax Financial has a twelve month low of $1,027.00 and a twelve month high of $1,622.28. The stock has a market cap of $36.22 billion, a price-to-earnings ratio of 9.92 and a beta of 0.76.

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.