Fidelity National Financial, Inc. (NYSE:FNF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Fidelity National Financial, Inc. (NYSE:FNF) have been given a consensus rating of “Moderate Buy” by the six research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $69.8333.

A number of equities analysts have weighed in on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Fidelity National Financial in a research note on Saturday, September 27th. Barclays reiterated a “cautious” rating on shares of Fidelity National Financial in a research note on Monday. Finally, National Bankshares set a $64.00 price objective on Fidelity National Financial in a research note on Monday.

Institutional Investors Weigh In On Fidelity National Financial

A number of institutional investors have recently modified their holdings of the business. Gilbert & Cook Inc. grew its position in shares of Fidelity National Financial by 3.0% during the 1st quarter. Gilbert & Cook Inc. now owns 5,814 shares of the financial services provider’s stock valued at $378,000 after acquiring an additional 168 shares during the period. Journey Strategic Wealth LLC grew its position in shares of Fidelity National Financial by 1.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 14,482 shares of the financial services provider’s stock valued at $943,000 after acquiring an additional 175 shares during the period. Commerce Bank grew its position in shares of Fidelity National Financial by 3.1% during the 1st quarter. Commerce Bank now owns 5,977 shares of the financial services provider’s stock valued at $389,000 after acquiring an additional 177 shares during the period. Peddock Capital Advisors LLC grew its position in shares of Fidelity National Financial by 3.2% during the 1st quarter. Peddock Capital Advisors LLC now owns 5,663 shares of the financial services provider’s stock valued at $369,000 after acquiring an additional 178 shares during the period. Finally, My Legacy Advisors LLC grew its position in shares of Fidelity National Financial by 2.3% during the 1st quarter. My Legacy Advisors LLC now owns 8,716 shares of the financial services provider’s stock valued at $567,000 after acquiring an additional 197 shares during the period. 81.17% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Financial Stock Performance

NYSE FNF opened at $58.10 on Tuesday. The stock has a 50-day simple moving average of $59.34 and a two-hundred day simple moving average of $58.59. The firm has a market capitalization of $15.79 billion, a P/E ratio of 14.75 and a beta of 1.05. Fidelity National Financial has a fifty-two week low of $50.61 and a fifty-two week high of $66.72. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.24 and a current ratio of 0.24.

Fidelity National Financial (NYSE:FNF) last released its quarterly earnings data on Wednesday, August 6th. The financial services provider reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.24). The company had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Fidelity National Financial had a net margin of 7.93% and a return on equity of 14.30%. The business’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.24 EPS. On average, equities analysts forecast that Fidelity National Financial will post 6.28 earnings per share for the current year.

Fidelity National Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. Fidelity National Financial’s dividend payout ratio (DPR) is 50.76%.

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.