Cormark Increases Earnings Estimates for Fairfax Financial

Fairfax Financial Holdings Limited (TSE:FFH) – Investment analysts at Cormark upped their FY2025 EPS estimates for shares of Fairfax Financial in a note issued to investors on Tuesday, February 18th. Cormark analyst J. Fenwick now expects that the company will post earnings of $243.73 per share for the year, up from their previous estimate of $234.01. The consensus estimate for Fairfax Financial’s current full-year earnings is $212.30 per share.

Several other equities analysts have also recently weighed in on the stock. BMO Capital Markets lifted their price objective on shares of Fairfax Financial from C$1,850.00 to C$2,200.00 in a research report on Monday, November 4th. CIBC lifted their price objective on shares of Fairfax Financial from C$2,200.00 to C$2,400.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Scotiabank lifted their target price on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 in a research note on Monday, November 4th. Finally, National Bankshares lifted their target price on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$2,112.50.

Fairfax Financial Stock Performance

TSE FFH opened at C$2,071.53 on Thursday. Fairfax Financial has a twelve month low of C$1,343.50 and a twelve month high of C$2,119.64. The stock has a market cap of C$33.23 billion, a price-to-earnings ratio of 7.93, a PEG ratio of 0.27 and a beta of 0.83. The firm’s 50 day moving average price is C$1,994.49 and its two-hundred day moving average price is C$1,814.00.

Insider Buying and Selling at Fairfax Financial

In related news, Director R. William Mcfarland sold 4,800 shares of Fairfax Financial stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of C$25.21, for a total value of C$121,008.00. Also, Director F. Brian Bradstreet sold 1,500 shares of Fairfax Financial stock in a transaction on Friday, November 22nd. The shares were sold at an average price of C$1,971.00, for a total transaction of C$2,956,500.00. In the last quarter, insiders purchased 111 shares of company stock valued at $232,454 and sold 6,313 shares valued at $3,103,234. Company insiders own 3.76% of the company’s stock.

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.