Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) have received an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

A number of research firms have issued reports on FRFHF. Zacks Research lowered Fairfax Financial from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Scotiabank reissued an “outperform” rating on shares of Fairfax Financial in a research report on Friday, January 30th. BMO Capital Markets downgraded shares of Fairfax Financial from an “outperform” rating to a “hold” rating in a research note on Wednesday, January 21st. Finally, National Bank Financial reaffirmed an “outperform” rating on shares of Fairfax Financial in a research report on Monday, October 27th.

Fairfax Financial Stock Performance

Shares of FRFHF opened at $1,707.88 on Monday. The company has a market capitalization of $37.37 billion, a PE ratio of 7.98 and a beta of 0.60. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.78 and a quick ratio of 2.77. Fairfax Financial has a one year low of $1,292.53 and a one year high of $1,949.00. The company’s fifty day moving average price is $1,779.28 and its 200 day moving average price is $1,730.69.

Fairfax Financial (OTCMKTS:FRFHF) last issued its quarterly earnings results on Thursday, February 19th. The financial services provider reported $57.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $55.45 by $2.12. The company had revenue of $7.71 billion for the quarter, compared to the consensus estimate of $7.62 billion. Fairfax Financial had a return on equity of 16.25% and a net margin of 15.10%. As a group, analysts expect that Fairfax Financial will post 166.85 earnings per share for the current year.

Fairfax Financial Company Profile

Fairfax Financial (OTCMKTS:FRFHF) is a Toronto-based financial holding company primarily engaged in property and casualty insurance, reinsurance and investment management. The company underwrites a broad range of commercial and personal insurance products, operates specialty and run-off reinsurance businesses, and manages a diversified investment portfolio largely funded by insurance float. Fairfax conducts its insurance operations through a network of subsidiaries and affiliated companies that provide local underwriting and claims services across multiple markets.

On the insurance side, Fairfax writes a mix of short-tail and long-tail coverages across specialty lines, commercial casualty, property and other niche markets, while its reinsurance activities include treaty and facultative solutions for cedants and intermediaries.