National Bank Financial Boosts Fairfax Financial (OTCMKTS:FRFHF) Price Target to C$1,300.00

Fairfax Financial (OTCMKTS:FRFHF – Get Rating) had its price objective boosted by National Bank Financial from C$1,200.00 to C$1,300.00 in a report issued on Wednesday morning, The Fly reports.

A number of other equities analysts also recently commented on the stock. CIBC lifted their price objective on shares of Fairfax Financial from C$950.00 to C$1,050.00 in a report on Tuesday, January 24th. BMO Capital Markets lifted their price objective on shares of Fairfax Financial from C$1,050.00 to C$1,150.00 in a report on Tuesday, February 21st. Royal Bank of Canada lifted their price objective on shares of Fairfax Financial from $700.00 to $775.00 in a report on Tuesday, February 21st. Finally, Scotiabank boosted their price target on shares of Fairfax Financial from C$1,050.00 to C$1,100.00 in a report on Tuesday, February 21st.

Fairfax Financial Stock Down 2.1 %

FRFHF stock opened at $641.23 on Wednesday. Fairfax Financial has a twelve month low of $439.80 and a twelve month high of $702.00. The company has a current ratio of 6.23, a quick ratio of 6.18 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $15.73 billion, a P/E ratio of 15.42 and a beta of 0.85. The firm has a 50 day simple moving average of $652.02 and a 200-day simple moving average of $568.60.

Fairfax Financial (OTCMKTS:FRFHF – Get Rating) last released its quarterly earnings data on Thursday, February 16th. The financial services provider reported $78.33 EPS for the quarter. The firm had revenue of $9.72 billion during the quarter. Fairfax Financial had a net margin of 4.09% and a return on equity of 6.16%.

Fairfax Financial Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, January 26th. Stockholders of record on Thursday, January 19th were issued a dividend of $10.00 per share. This represents a dividend yield of 1.62%. The ex-dividend date of this dividend was Wednesday, January 18th. Fairfax Financial’s dividend payout ratio (DPR) is 24.05%.

Fairfax Financial Company Profile

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Fairfax Financial Holdings Ltd. is a holding company, which engages in the provision of property and casualty insurance, and reinsurance, and investment management. It operates through the following segments: Insurance and Reinsurance, Runoff, and Other. The Insurance and Reinsurance segment comprises of Group Re, Bryte Insurance, Advent, Fairfax Latin America and Fairfax Central; and Eastern Europe, which focuses on third party business and specialty property reinsurance and insurance risks.