Fairfax Financial (OTCMKTS:FRFHF) Posts Earnings Results

Fairfax Financial (OTCMKTS:FRFHF) posted its quarterly earnings results on Thursday. The financial services provider reported $30.82 EPS for the quarter, reports. The firm had revenue of $7.69 billion during the quarter. Fairfax Financial had a return on equity of 15.86% and a net margin of 13.79%.

Fairfax Financial Stock Performance

Shares of FRFHF stock opened at $1,128.43 on Friday. The stock has a 50 day simple moving average of $1,091.99 and a 200-day simple moving average of $983.82. Fairfax Financial has a 12-month low of $670.00 and a 12-month high of $1,149.56. The company has a market cap of $27.14 billion, a price-to-earnings ratio of 7.29 and a beta of 0.80. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.37.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada lifted their price target on shares of Fairfax Financial from $1,085.00 to $1,200.00 and gave the company an “outperform” rating in a research report on Tuesday, February 20th.

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.