Fairfax Financial Holdings Limited (TSE:FFH – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$1,771.00 and last traded at C$1,766.76, with a volume of 10136 shares traded. The stock had previously closed at C$1,749.99.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on FFH shares. Scotiabank increased their price objective on Fairfax Financial from C$1,950.00 to C$2,000.00 in a report on Wednesday, July 24th. Royal Bank of Canada increased their price target on shares of Fairfax Financial from C$1,325.00 to C$1,425.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd.
Read Our Latest Stock Analysis on FFH
Fairfax Financial Stock Up 0.3 %
Fairfax Financial (TSE:FFH – Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported C$50.87 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of C$10.25 billion during the quarter. Equities research analysts expect that Fairfax Financial Holdings Limited will post 212.3039807 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, Senior Officer Olivier Elie Quesnel sold 173 shares of Fairfax Financial stock in a transaction dated 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 sale, the insider now owns 202 shares in the company, valued at C$316,358.26. This trade represents a 0.00 % decrease in their ownership of the stock. In other news, Senior Officer Olivier Elie Quesnel sold 173 shares of the stock in a transaction dated 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 directly owns 202 shares in the company, valued at C$316,358.26. This represents a 0.00 % decrease in their ownership of the stock. Also, Senior Officer Peter Clarke sold 2,000 shares of the business’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of C$1,646.93, for a total transaction of C$3,293,860.00. Following the transaction, the insider now owns 632 shares in the company, valued at C$1,040,859.76. The trade was a 0.00 % decrease in their ownership of the stock. Over the last ninety days, insiders sold 6,953 shares of company stock worth $11,304,176. Company insiders own 3.76% of the company’s stock.
About Fairfax Financial
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.
See Also
- Five stocks we like better than Fairfax Financial
- What is the Euro STOXX 50 Index?
- Is McDonald’s Stock a Smart Buy After Sell-Off and Earnings?
- How to Calculate Retirement Income: MarketBeat’s Calculator
- QuantumScape: Solid State EV Batteries Nearing Commercialization
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- MicroStrategy: Is This Bitcoin-Powered Stock a Buy or a Gamble?
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.