Fidelity National Financial (FNF) Scheduled to Post Earnings on Wednesday

Fidelity National Financial (NYSE:FNF) is scheduled to announce its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.86 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Fidelity National Financial (NYSE:FNF) last released its earnings results on Wednesday, February 21st. The financial services provider reported $0.75 earnings per share for the quarter, missing the consensus estimate of $1.02 by ($0.27). The company had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Fidelity National Financial had a return on equity of 13.91% and a net margin of 4.40%. During the same period in the prior year, the firm posted $1.06 EPS. On average, analysts expect Fidelity National Financial to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Fidelity National Financial Stock Up 1.0 %

Fidelity National Financial stock opened at $51.52 on Monday. Fidelity National Financial has a fifty-two week low of $32.02 and a fifty-two week high of $53.96. The company has a market cap of $14.08 billion, a PE ratio of 26.97 and a beta of 1.33. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.21 and a current ratio of 0.21. The business’s 50-day simple moving average is $50.57 and its two-hundred day simple moving average is $48.31.

Fidelity National Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.48 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.92 dividend on an annualized basis and a yield of 3.73%. Fidelity National Financial’s dividend payout ratio is currently 100.52%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Keefe, Bruyette & Woods raised their price target on shares of Fidelity National Financial from $54.00 to $56.00 and gave the company a “market perform” rating in a research report on Thursday, March 21st. Barclays lifted their price target on 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. Truist Financial increased their price target on Fidelity National Financial from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft began coverage on Fidelity National Financial in a research report on Wednesday, January 10th. They issued a “hold” rating for the company. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Fidelity National Financial currently has a consensus rating of “Hold” and a consensus price target of $54.20.

Insider Transactions at Fidelity National Financial

In related news, Director Halim Dhanidina sold 3,000 shares of Fidelity National Financial stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $50.64, for a total transaction of $151,920.00. Following the transaction, the director now owns 14,906 shares in the company, valued at $754,839.84. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, Director Cary H. Thompson sold 23,410 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $51.11, for a total transaction of $1,196,485.10. Following the sale, the director now directly owns 40,317 shares of the company’s stock, valued at approximately $2,060,601.87. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Halim Dhanidina sold 3,000 shares of the stock in a transaction on Friday, April 26th. The shares were sold at an average price of $50.64, for a total value of $151,920.00. Following the completion of the sale, the director now owns 14,906 shares in the company, valued at $754,839.84. The disclosure for this sale can be found here. Insiders own 5.40% of the company’s stock.

About Fidelity National Financial

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.