The closing price of Fidelity National Financial Inc (NYSE: FNF) was $50.09 for the day, up 1.21% from the previous closing price of $49.49. In other words, the price has increased by $+0.60 from its previous closing price. On the day, 1354828 shares were traded. FNF stock price reached its highest trading level at $50.11 during the session, while it also had its lowest trading level at $49.39.
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Ratios:
Our analysis of FNF’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.56.
On November 15, 2023, Barclays started tracking the stock assigning a Equal Weight rating and target price of $44.
Keefe Bruyette Downgraded its Outperform to Mkt Perform on October 02, 2023, whereas the target price for the stock was revised from $45 to $43.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 17 when LANE DANIEL D sold 6,131 shares for $48.19 per share. The transaction valued at 295,465 led to the insider holds 271,495 shares of the business.
Dhanidina Halim sold 3,265 shares of FNF for $161,095 on Jan 12. The Director now owns 17,906 shares after completing the transaction at $49.34 per share. On Sep 11, another insider, Nolan Michael Joseph, who serves as the Chief Executive Officer of the company, sold 30,000 shares for $43.12 each. As a result, the insider received 1,293,600 and left with 354,786 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FNF now has a Market Capitalization of 13.67B and an Enterprise Value of 14.95B. As of this moment, Fidelity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.27, and their Forward P/E ratio for the next fiscal year is 8.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 1.27.
Stock Price History:
Over the past 52 weeks, FNF has reached a high of $52.94, while it has fallen to a 52-week low of $31.84. The 50-Day Moving Average of the stock is 49.99, while the 200-Day Moving Average is calculated to be 42.12.
Shares Statistics:
FNF traded an average of 1.67M shares per day over the past three months and 1.95M shares per day over the past ten days. A total of 272.31M shares are outstanding, with a floating share count of 257.13M. Insiders hold about 5.52% of the company’s shares, while institutions hold 83.68% stake in the company. Shares short for FNF as of Feb 15, 2023 were 3.96M with a Short Ratio of 2.67, compared to 4.12M on Dec 30, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.45% and a Short% of Float of 1.76%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.83, FNF has a forward annual dividend rate of 1.83. Against a Trailing Annual Dividend Yield of 3.70%, it implies a Forward Annual Dividend Yield of 3.83%. The stock’s 5-year Average Dividend Yield is 3.76. The current Payout Ratio is 95.81% for FNF, which recently paid a dividend on Mar 29, 2024 with an ex-dividend date of Mar 14, 2024. Stock splits for the company last occurred on Oct 02, 2017 when the company split stock in a 1385:1000 ratio.
Earnings Estimates
The firm’s stock currently is rated by 6 analysts. On average, analysts expect EPS of $0.86 for the current quarter, with a high estimate of $0.95 and a low estimate of $0.81, while EPS last year was $0.52. The consensus estimate for the next quarter is $1.33, with high estimates of $1.45 and low estimates of $1.27.
Analysts are recommending an EPS of between $5.25 and $4.46 for the fiscal current year, implying an average EPS of $4.91. EPS for the following year is $5.74, with 6 analysts recommending between $6.2 and $5.24.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $2.94B to a low estimate of $2.52B. As of the current estimate, Fidelity National Financial Inc’s year-ago sales were $2.42B, an estimated increase of 13.50% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $3.23B, an increase of 4.70% less than the figure of $13.50% in the same quarter last year. There is a high estimate of $3.49B for the next quarter, whereas the lowest estimate is $2.92B.
A total of 5 analysts have provided revenue estimates for FNF’s current fiscal year. The highest revenue estimate was $13.4B, while the lowest revenue estimate was $11.55B, resulting in an average revenue estimate of $12.49B. In the same quarter a year ago, actual revenue was $11.75B, up 6.30% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $14.14B in the next fiscal year. The high estimate is $15.94B and the low estimate is $12.7B. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.
