According to the information provided by investing.com, on Friday, January 13, Fairfax Financial Holdings Limited (OTCMKTS: FRFHF) announced that it would be distributing a dividend. Stockholders of record as of January 19 will receive a dividend payment of $10.00 per share from the company that provides financial services on January 26. This payment will be made to stockholders who held their shares on record as of that date. As a direct consequence of this, the yield that is achieved is equal to 1.62%. After the ex-dividend date, which is this coming Wednesday, January 18, the dividend will not be distributed until further notice.
On November 3, the most recent quarterly earnings report that Fairfax Financial released was made available to the public and can be found under the ticker symbol OTCMKTS: FRFHF. According to the company that provides financial services, the earnings per share for the preceding three-month period were reported to be $3.65. The return on equity for Fairfax Financial was 0.53%, while the company’s net margin was 0.40%. The company generated total revenue of 6.84 billion dollars during the period in question.
Several equity research analysts have published papers on the FRFHF stock over the past few years. The price objective that Scotiabank has set for the common shares of Fairfax Financial has increased from C$910.00 to C$995.00, as stated in a report that was made public on Monday, November 7. In the previous iteration, the price target was established at $910.00. The price target that Royal Bank of Canada has set for Fairfax Financial shares has dropped from $725.00 to $700.00, as stated in a report that was distributed on Wednesday, October 12. The price objective that BMO Capital Markets has placed on Fairfax Financial shares has increased from C$780.00 to C$800.00, as stated in a report released on Friday, November 4. The last and most significant modification was made here.
OTCMKTS: FRFHF was listed for trading for the first time on Friday for $618.79. During the previous year, the price of Fairfax Financial ranged from $363.48 to $625 on average, with a low point of $363.48 and a high point of $625. There is a ratio of 0.48 debt to equity, 6.18 quick ratio to current ratio, and 6.18 current ratio to quick ratio, respectively. The ratio of the current ratio to the quick ratio is also 6.18. The company has a price-to-earnings ratio of -198.97, and its beta value comes in at 0.84. The market capitalization of the company is $15.22 billion. The moving average for the company over the previous two hundred days is $526.10, and the moving average for the previous fifty days is $575.78.
Through its subsidiaries, Fairfax Financial Holdings Limited offers various services, such as property and liability insurance, reinsurance, and investment management, in several countries and regions worldwide. These countries and regions include the United States of America, Canada, Asia, and other places. The corporation can be divided into three distinct divisions: the run-off, the non-insurance companies, and the insurance and reinsurance divisions.