
Fidelity National Financial, Inc. (NYSE:FNF – Free Report) – Investment analysts at DOWLING & PARTN upped their FY2026 earnings estimates for Fidelity National Financial in a report released on Monday, August 24th. DOWLING & PARTN analyst G. Dunn now forecasts that the financial services provider will post earnings of $5.14 per share for the year, up from their prior forecast of $5.02. The consensus estimate for Fidelity National Financial’s current full-year earnings is $5.14 per share.
A number of other research analysts have also weighed in on FNF. Stephens reissued an “overweight” rating and set a $55.00 price target on shares of Fidelity National Financial in a research note on Monday. National Bank Financial set a $54.00 price objective on Fidelity National Financial in a research report on Friday, August 7th. Barclays upped their target price on Fidelity National Financial from $51.00 to $54.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Zacks Research downgraded Fidelity National Financial from a “hold” rating to a “strong sell” rating in a research report on Friday, May 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Fidelity National Financial in a research note on Thursday, June 11th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $56.00.
Fidelity National Financial Stock Up 0.3%
FNF stock opened at $47.51 on Thursday. The stock has a market capitalization of $12.74 billion, a P/E ratio of 16.77, a PEG ratio of 0.71 and a beta of 0.95. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.26 and a current ratio of 0.26. Fidelity National Financial has a one year low of $42.78 and a one year high of $61.40. The company has a 50 day moving average price of $49.29 and a two-hundred day moving average price of $49.33.
Fidelity National Financial (NYSE:FNF – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.08. Fidelity National Financial had a net margin of 5.03% and a return on equity of 16.07%. The business had revenue of $4.05 billion during the quarter, compared to analyst estimates of $3.79 billion. During the same quarter in the previous year, the business posted $1.16 earnings per share. The company’s revenue was up 11.4% on a year-over-year basis.
Institutional Investors Weigh In On Fidelity National Financial
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its stake in shares of Fidelity National Financial by 4,524.8% in the 2nd quarter. California State Teachers Retirement System now owns 20,659,240 shares of the financial services provider’s stock valued at $974,290,000 after purchasing an additional 20,212,535 shares in the last quarter. HB Wealth Management LLC grew its holdings in shares of Fidelity National Financial by 26.5% during the 2nd quarter. HB Wealth Management LLC now owns 24,799 shares of the financial services provider’s stock worth $1,170,000 after purchasing an additional 5,191 shares during the period. Saudi Central Bank increased its position in Fidelity National Financial by 89.7% during the 2nd quarter. Saudi Central Bank now owns 18,031 shares of the financial services provider’s stock worth $850,000 after purchasing an additional 8,524 shares in the last quarter. AlphaGrep UK Ltd acquired a new stake in Fidelity National Financial during the 2nd quarter worth approximately $573,000. Finally, Markowski Investments acquired a new stake in Fidelity National Financial during the 2nd quarter worth approximately $51,000. 81.17% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Fidelity National Financial
In other news, EVP Peter T. Sadowski sold 69,196 shares of the company’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $45.70, for a total transaction of $3,162,257.20. Following the completion of the sale, the executive vice president directly owned 5,702 shares in the company, valued at $260,581.40. This represents a 92.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 5.70% of the stock is currently owned by insiders.
Fidelity National Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Wednesday, September 16th. Fidelity National Financial’s dividend payout ratio is presently 73.50%.
Fidelity National Financial Company Profile
Fidelity National Financial (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.
FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.
Further Reading
- Five stocks we like better than Fidelity National Financial
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for Fidelity National Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Financial and related companies with MarketBeat.com's FREE daily email newsletter.
