FRFHF Stock Recent News
FRFHF LATEST HEADLINES
Management's consistent execution showing up as strong financial results. The Sleep Country acquisition might be a preview of things to come. Fairfax is in an excellent position to continue its growth and is a buy for long-term owners.
Over the last three years, Fairfax has delivered amazing returns due to performance of its insurance subsidiaries. It trades at P/BVPS ~ 1.3 and may deserve even higher valuations due to the insurance business's ongoing growth. The stock may climb higher but, assessed conservatively, is a hold, due to valuations and risks.
Fairfax Financial Holdings Limited stock has had a great run, outperforming SPY and TSX. Q3 earnings show solid performance. Cyclical forces are at play in the insurance sector.
Fairfax Financial Holdings Limited (OTCPK:FRFHF) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Peter Clarke - President, Chief Operating Officer Jennifer Allen - Vice President, Chief Financial Officer Derek Bulas - Vice President, Chief Legal Officer Wade Burton - President, Chief Investment Officer, Hamblin Watsa Conference Call Participants Nik Priebe - CIBC Capital Markets Tom MacKinnon - BMO Capital Markets Jaeme Gloyne - National Bank Financial Scott Heleniak - RBC Capital Markets Unknown Speaker - private investor Michael Kane - Davenport & Co. Ruby Lougheed Yawney - Innova Wealth Partners Marco Pistorius - private investor Operator Good morning and welcome to Fairfax's 2024 third quarter results conference call. Your lines have been placed in a listen-only mode.
SOHO, FRFHF and RGA made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 1, 2024.
( Note : All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited interim consolidated financial statements for the three and nine months ended September 30, 2024 prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards") applicable to the preparation of interim financial statements, including International Accounting Standard 34 Interim Financial Reporting. This news release contains certain non-GAAP and other financial measures, including underwriting profit (loss), adjusted operating income (loss), combined ratio (both discounted and undiscounted), book value per basic share, total debt to total capital ratio excluding non-insurance companies and excess (deficiency) of fair value over carrying value, that do not have a prescribed meaning under IFRS Accounting Standards and may not be comparabl
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
TORONTO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid (“NCIB”) through the facilities of the TSX (or other alternative Canadian trading systems) for its Subordinate Voting Shares and the following series of its Preferred Shares: Cumulative 5-Year Rate Reset Preferred Shares, Series C (“Series C Shares”), Cumulative Floating Rate Preferred Shares, Series D (“Series D Shares”), Cumulative 5-Year Rate Reset Preferred Shares, Series E (“Series E Shares”), Cumulative Floating Rate Preferred Shares, Series F (“Series F Shares”), Cumulative 5-Year Rate Reset Preferred Shares, Series G (“Series G Shares”), Cumulative Floating Rate Preferred Shares, Series H (“Series H Shares”), Cumulative 5-Year Rate Reset Preferred Shares, Series I (“Series I Shares”
Fairfax Financial Holdings Limited (OTCPK:FRFHF) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Derek Bulas - Vice President and Chief Legal Officer Peter Clarke - President and Chief Operating Officer Wade Burton - President and Chief Investment Officer of Hamblin Watsa Jennifer Allen - Vice President and Chief Financial Officer Conference Call Participants Nik Priebe - CIBC Capital Markets Tom MacKinnon - BMO Capital Markets Jaeme Gloyn - National Bank Financial Scott Heleniak - RBC Capital Markets Jaeme Gloyn - National Bank Operator Good morning, and welcome to Fairfax 2024 Second Quarter Results Conference Call. Your lines have been placed in a listen-only mode.