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

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF) have earned an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities analysts recently issued reports on FRFHF shares. BMO Capital Markets downgraded Fairfax Financial from an “outperform” rating to a “hold” rating in a report on Wednesday, January 21st. Zacks Research raised Fairfax Financial from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Fairfax Financial in a report on Friday, January 30th.

Fairfax Financial Stock Performance

Shares of FRFHF opened at $1,641.88 on Friday. The stock has a 50 day moving average price of $1,714.20 and a 200 day moving average price of $1,723.36. The company has a quick ratio of 3.78, a current ratio of 3.66 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $35.32 billion, a price-to-earnings ratio of 8.11 and a beta of 0.53. Fairfax Financial has a 52-week low of $1,528.10 and a 52-week high of $1,949.00.

Fairfax Financial (OTCMKTS:FRFHF) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported $31.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $36.17 by ($5.06). The business had revenue of $7.82 billion during the quarter, compared to analyst estimates of $8.62 billion. Fairfax Financial had a net margin of 14.16% and a return on equity of 15.05%. Research analysts predict that Fairfax Financial will post 205.68 EPS for the current fiscal 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.