Fidelity National Financial, Inc. (NYSE:FNF – Get Free Report) has been given an average rating of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $55.80.
A number of research firms have weighed in on FNF. Keefe, Bruyette & Woods decreased their price target on Fidelity National Financial from $56.00 to $55.00 and set a “market perform” rating for the company in a research note on Monday, May 13th. Stephens upped their price target on shares of Fidelity National Financial from $59.00 to $60.00 and gave the stock an “overweight” rating in a research report on Friday, May 10th. Truist Financial lifted their price objective on shares of Fidelity National Financial from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. Finally, Barclays raised their target price on shares of Fidelity National Financial from $52.00 to $56.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 9th.
Read Our Latest Research Report on FNF
Insider Transactions at Fidelity National Financial
Institutional Investors Weigh In On Fidelity National Financial
Large investors have recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC bought a new stake in shares of Fidelity National Financial during the 4th quarter worth approximately $27,000. New Covenant Trust Company N.A. acquired a new position in Fidelity National Financial during the first quarter valued at approximately $30,000. Covestor Ltd lifted its stake in Fidelity National Financial by 109.0% during the first quarter. Covestor Ltd now owns 581 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 303 shares during the last quarter. Salomon & Ludwin LLC boosted its holdings in shares of Fidelity National Financial by 231.0% in the 1st quarter. Salomon & Ludwin LLC now owns 609 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 425 shares in the last quarter. Finally, Mather Group LLC. bought a new position in shares of Fidelity National Financial in the 1st quarter valued at $31,000. Institutional investors and hedge funds own 81.17% of the company’s stock.
Fidelity National Financial Stock Performance
Shares of FNF stock opened at $50.75 on Friday. Fidelity National Financial has a 12 month low of $33.61 and a 12 month high of $53.96. The company’s fifty day simple moving average is $50.95 and its 200-day simple moving average is $49.49. The firm has a market cap of $13.87 billion, a PE ratio of 16.69 and a beta of 1.33. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.50.
Fidelity National Financial (NYSE:FNF – Get Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The financial services provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.08). The business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $2.72 billion. Fidelity National Financial had a return on equity of 14.24% and a net margin of 6.55%. The company’s quarterly revenue was up 33.3% compared to the same quarter last year. During the same period last year, the firm earned $0.52 earnings per share. Equities research analysts expect that Fidelity National Financial will post 4.73 EPS for the current fiscal year.
Fidelity National Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.92 annualized dividend and a yield of 3.78%. Fidelity National Financial’s dividend payout ratio is currently 63.16%.
Fidelity National Financial Company Profile
Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products.
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