Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Short Interest Update

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 46,200 shares, a decline of 40.1% from the March 15th total of 77,100 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is presently 10.3 days. Approximately 0.2% of the shares of the stock are sold short.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Raymond James raised Fairfax Financial to a “moderate buy” rating in a report on Thursday, April 10th. National Bankshares reaffirmed an “outperform” rating on shares of Fairfax Financial in a research note on Monday, February 3rd.

Fairfax Financial Trading Up 0.5 %

Shares of Fairfax Financial stock traded up $7.20 during trading on Thursday, hitting $1,486.70. The company’s stock had a trading volume of 2,749 shares, compared to its average volume of 4,395. Fairfax Financial has a 52 week low of $1,027.00 and a 52 week high of $1,519.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.65 and a quick ratio of 2.45. The stock has a market cap of $33.88 billion, a price-to-earnings ratio of 9.23 and a beta of 0.58. The stock has a 50-day moving average price of $1,414.83 and a two-hundred day moving average price of $1,373.47.

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

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.