Fairfax Financial (FRFHF) Projected to Post Earnings on Thursday

Fairfax Financial (OTCMKTS:FRFHF) is expected to be releasing its results after the market closes on Thursday, November 6th. Analysts expect Fairfax Financial to post earnings of $41.00 per share for the quarter.

Fairfax Financial Price Performance

Shares of FRFHF opened at $1,593.16 on Wednesday. The business’s 50-day moving average is $1,713.77 and its two-hundred day moving average is $1,706.20. The company has a market capitalization of $35.60 billion, a P/E ratio of 8.07 and a beta of 0.80. Fairfax Financial has a fifty-two week low of $1,292.50 and a fifty-two week high of $1,833.48. The company has a debt-to-equity ratio of 0.45, a quick ratio of 4.20 and a current ratio of 4.20.

Wall Street Analysts Forecast Growth

FRFHF has been the topic of several analyst reports. National Bankshares reaffirmed an “outperform” rating on shares of Fairfax Financial in a report on Monday, October 27th. Wall Street Zen upgraded Fairfax Financial from a “hold” rating to a “buy” rating in a research report on Sunday, August 31st. Cormark lowered shares of Fairfax Financial from a “moderate buy” rating to a “hold” rating in a report on Wednesday, August 6th. Raymond James Financial reiterated an “outperform” rating on shares of Fairfax Financial in a research note on Thursday, October 16th. Finally, Scotiabank reissued an “outperform” rating on shares of Fairfax Financial in a report on Wednesday, October 22nd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Fairfax Financial currently has a consensus rating of “Moderate Buy”.

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.