Q3 EPS Estimate for Fairfax Financial Lifted by Analyst

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) – Stock analysts at National Bank Financial lifted their Q3 2024 earnings per share (EPS) estimates for shares of Fairfax Financial in a research note issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now expects that the financial services provider will post earnings per share of $34.06 for the quarter, up from their previous forecast of $30.54. The consensus estimate for Fairfax Financial’s current full-year earnings is $149.57 per share. National Bank Financial also issued estimates for Fairfax Financial’s Q4 2024 earnings at $49.25 EPS.

Fairfax Financial (OTCMKTS:FRFHF) last released its quarterly earnings results on Thursday, August 1st. The financial services provider reported $37.18 earnings per share for the quarter. The firm had revenue of $7.49 billion during the quarter. Fairfax Financial had a return on equity of 15.83% and a net margin of 14.01%.

Fairfax Financial Stock Performance

Shares of FRFHF opened at $1,245.52 on Friday. The stock has a market capitalization of $28.92 billion, a price-to-earnings ratio of 7.74 and a beta of 0.78. The firm has a fifty day simple moving average of $1,235.48 and a 200 day simple moving average of $1,163.02. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.42. Fairfax Financial has a 12 month low of $808.75 and a 12 month high of $1,295.00.

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.