Fairfax Financial (OTCMKTS:FRFHF) Reaches New 52-Week High – Still a Buy?

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $1,497.00 and last traded at $1,494.84, with a volume of 4043 shares traded. The stock had previously closed at $1,447.25.

Analyst Ratings Changes

Separately, National Bankshares restated an “outperform” rating on shares of Fairfax Financial in a research report on Monday, February 3rd.

Fairfax Financial Trading Down 1.5 %

The company’s fifty day simple moving average is $1,411.63 and its two-hundred day simple moving average is $1,362.51. The company has a market capitalization of $33.51 billion, a price-to-earnings ratio of 9.13 and a beta of 0.80. The company has a quick ratio of 2.45, a current ratio of 3.65 and a debt-to-equity ratio of 0.43.

Fairfax Financial (OTCMKTS:FRFHF) last posted its earnings results on Thursday, February 20th. The financial services provider reported $50.42 earnings per share for the quarter, topping the consensus estimate of $43.72 by $6.70. The firm had revenue of $7.74 billion for the quarter, compared to analyst estimates of $7.51 billion. Fairfax Financial had a return on equity of 14.43% and a net margin of 12.47%. Research analysts forecast that Fairfax Financial Holdings Limited will post 166.85 earnings per share for the current fiscal year.

Fairfax Financial Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 16th were given a dividend of $15.00 per share. This represents a dividend yield of 1.09%. The ex-dividend date was Thursday, January 16th. Fairfax Financial’s dividend payout ratio is 9.31%.

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.