Insider Buying: Fairfax Financial Holdings Limited (TSE:FFH) Director Buys 9 Shares of Stock

Fairfax Financial Holdings Limited (TSE:FFH) Director David Lloyd Johnston acquired 9 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was purchased at an average cost of C$1,666.98 per share, with a total value of C$15,002.82.

David Lloyd Johnston also recently made the following trade(s):

• On Tuesday, June 25th, David Lloyd Johnston bought 10 shares of Fairfax Financial stock. The stock was purchased at an average price of C$1,515.19 per share, for a total transaction of C$15,151.90.

Fairfax Financial Price Performance

FFH opened at C$1,689.33 on Thursday. The company has a current ratio of 3.75, a quick ratio of 0.93 and a debt-to-equity ratio of 40.13. The firm has a market cap of C$36.20 billion, a price-to-earnings ratio of 7.64, a PEG ratio of 0.27 and a beta of 0.83. The stock’s 50-day moving average price is C$1,585.42 and its 200 day moving average price is C$1,542.80. Fairfax Financial Holdings Limited has a 12-month low of C$1,070.00 and a 12-month high of C$1,699.91.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings results on Thursday, August 1st. The company reported C$50.87 EPS for the quarter, missing the consensus estimate of C$51.23 by C($0.36). Fairfax Financial had a net margin of 12.27% and a return on equity of 17.91%. The business had revenue of C$10.25 billion during the quarter. As a group, sell-side analysts expect that Fairfax Financial Holdings Limited will post 208.2727273 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Scotiabank lifted their price target on shares of Fairfax Financial from C$1,950.00 to C$2,000.00 in a research report on Wednesday, July 24th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$1,829.17.

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.