Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) – Equities research analysts at Cormark raised their Q1 2019 earnings per share (EPS) estimates for Fairfax Financial Holdings Ltd Subordinate Voting Shares in a report issued on Tuesday, February 19th. Cormark analyst J. Fenwick now forecasts that the company will earn $16.47 per share for the quarter, up from their previous forecast of $14.04. Cormark also issued estimates for Fairfax Financial Holdings Ltd Subordinate Voting Shares’ Q2 2019 earnings at $17.65 EPS, Q3 2019 earnings at $18.39 EPS, Q4 2019 earnings at $18.65 EPS and FY2019 earnings at $71.17 EPS.
FFH has been the subject of several other research reports. Royal Bank of Canada dropped their price target on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$650.00 to C$625.00 and set an “outperform” rating for the company in a research report on Monday, November 5th. CIBC increased their price target on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$700.00 to C$725.00 and gave the company an “average” rating in a research report on Friday, February 15th. National Bank Financial decreased their price objective on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$850.00 to C$775.00 and set an “outperform” rating for the company in a report on Monday, January 28th. Finally, BMO Capital Markets decreased their price objective on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$720.00 to C$680.00 in a report on Friday, February 15th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Fairfax Financial Holdings Ltd Subordinate Voting Shares currently has an average rating of “Buy” and an average target price of C$696.67.
Shares of FFH opened at C$658.28 on Friday. The firm has a market cap of $17.24 billion and a price-to-earnings ratio of 56.50. The company has a debt-to-equity ratio of 37.32, a current ratio of 4.85 and a quick ratio of 3.08. Fairfax Financial Holdings Ltd Subordinate Voting Shares has a twelve month low of C$565.99 and a twelve month high of C$788.88.
The business also recently disclosed an annual dividend, which was paid on Monday, January 28th. Shareholders of record on Monday, January 28th were issued a $10.00 dividend. The ex-dividend date was Thursday, January 17th. This represents a yield of 1.71%. Fairfax Financial Holdings Ltd Subordinate Voting Shares’s dividend payout ratio (DPR) is presently 113.56%.
About Fairfax Financial Holdings Ltd Subordinate Voting Shares
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 also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and franchises, owns, and operates dining restaurants and holiday resorts.