Fairfax Financial Holdings Limited (TSE:FFH) to Post Q4 2022 Earnings of $27.48 Per Share, National Bank Financial Forecasts

Fairfax Financial Holdings Limited (TSE:FFHGet Rating) – Equities research analysts at National Bank Financial decreased their Q4 2022 earnings estimates for shares of Fairfax Financial in a research note issued on Monday, August 1st. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings per share of $27.48 for the quarter, down from their prior forecast of $32.77. The consensus estimate for Fairfax Financial’s current full-year earnings is $85.69 per share. National Bank Financial also issued estimates for Fairfax Financial’s Q2 2023 earnings at $28.19 EPS and FY2023 earnings at $107.07 EPS.

A number of other brokerages have also issued reports on FFH. CIBC raised their price target on shares of Fairfax Financial from C$825.00 to C$950.00 in a report on Tuesday, April 26th. Cormark raised their target price on shares of Fairfax Financial from C$735.00 to C$860.00 and gave the stock an “outperform” rating in a research report on Monday, May 2nd. National Bankshares raised their target price on shares of Fairfax Financial from C$1,000.00 to C$1,050.00 and gave the stock an “outperform” rating in a research report on Friday, April 29th. BMO Capital Markets raised their target price on shares of Fairfax Financial from C$760.00 to C$780.00 in a research report on Friday, April 29th. Finally, Scotiabank raised their target price on shares of Fairfax Financial from C$845.00 to C$860.00 in a research report on Tuesday.

Fairfax Financial Price Performance

Shares of Fairfax Financial stock opened at C$674.25 on Thursday. The firm has a market cap of C$16.78 billion and a PE ratio of 30.29. Fairfax Financial has a 12-month low of C$493.00 and a 12-month high of C$716.59. The company has a quick ratio of 1.01, a current ratio of 1.86 and a debt-to-equity ratio of 38.99. The company’s fifty day simple moving average is C$675.59 and its two-hundred day simple moving average is C$658.34.

About Fairfax Financial

(Get Rating)

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 Insurance and Reinsurance, Run-off, and Non-Insurance Companies segments.

Read More

Earnings History and Estimates for Fairfax Financial (TSE:FFH)

Receive News & Ratings for Fairfax Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fairfax Financial and related companies with MarketBeat.com's FREE daily email newsletter.