Fairfax Financial Holdings Limited (TSE:FFH – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$1,699.91 and last traded at C$1,692.00, with a volume of 2197 shares trading hands. The stock had previously closed at C$1,684.98.
Wall Street Analyst Weigh In
Separately, Scotiabank upped their target price on Fairfax Financial from C$1,950.00 to C$2,000.00 in a research report on Wednesday, July 24th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$1,829.17.
Check Out Our Latest Stock Analysis on FFH
Fairfax Financial Price Performance
Fairfax Financial (TSE:FFH – Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The company reported C$50.87 earnings per share (EPS) for the quarter, missing the consensus estimate of C$51.23 by C($0.36). Fairfax Financial had a return on equity of 17.91% and a net margin of 12.27%. The business had revenue of C$10.25 billion during the quarter. On average, equities research analysts forecast that Fairfax Financial Holdings Limited will post 208.2727273 earnings per share for the current fiscal year.
Insider Transactions at Fairfax Financial
In other Fairfax Financial news, Director Brian David Young sold 4,280 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$1,617.96, for a total transaction of C$6,924,875.22. In other Fairfax Financial news, Director Brian David Young sold 4,280 shares of the business’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of C$1,617.96, for a total transaction of C$6,924,875.22. Also, Senior Officer Olivier Elie Quesnel sold 173 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of C$1,566.13, for a total value of C$270,940.49. Following the completion of the sale, the insider now owns 202 shares of the company’s stock, valued at approximately C$316,358.26. Insiders have sold 4,953 shares of company stock valued at $8,010,316 over the last three months. Company insiders own 3.73% 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.
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