Fidelity National Financial Inc (FNF)’s Market Momentum: Closing Strong at 52.03, Up 0.13

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As of close of business last night, Fidelity National Financial Inc’s stock clocked out at $52.03, up 0.13% from its previous closing price of $51.96. In other words, the price has increased by $0.13 from its previous closing price. On the day, 0.72 million shares were traded. FNF stock price reached its highest trading level at $52.55 during the session, while it also had its lowest trading level at $52.0.

Ratios:

To gain a deeper understanding of FNF’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.60.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 26 ’24 when Dhanidina Halim sold 3,000 shares for $50.64 per share. The transaction valued at 151,908 led to the insider holds 14,906 shares of the business.

THOMPSON CARY H sold 23,410 shares of FNF for $1,196,473 on Mar 04 ’24. The Director now owns 40,317 shares after completing the transaction at $51.11 per share. On Jan 17 ’24, another insider, LANE DANIEL D, who serves as the Director of the company, sold 6,131 shares for $48.19 each. As a result, the insider received 295,465 and left with 271,495 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 14216573952 and an Enterprise Value of 15285584896. As of this moment, Fidelity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.13, and their Forward P/E ratio for the next fiscal year is 9.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 1.212 whereas that against EBITDA is 7.92.

Stock Price History:

The Beta on a monthly basis for FNF is 1.37, which has changed by 0.4802276 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, FNF has reached a high of $53.96, while it has fallen to a 52-week low of $33.61. The 50-Day Moving Average of the stock is 2.51%, while the 200-Day Moving Average is calculated to be 12.53%.

Shares Statistics:

It appears that FNF traded 1.54M shares on average per day over the past three months and 1023370 shares per day over the past ten days. A total of 273.25M shares are outstanding, with a floating share count of 258.24M. Insiders hold about 5.49% of the company’s shares, while institutions hold 82.74% stake in the company. Shares short for FNF as of 1676419200 were 3960372 with a Short Ratio of 2.85, compared to 1672358400 on 4124844. Therefore, it implies a Short% of Shares Outstanding of 3960372 and a Short% of Float of 1.76.

Dividends & Splits

With its trailing 12-month dividend rate of 1.86, FNF has a forward annual dividend rate of 1.86. Against a Trailing Annual Dividend Yield of 0.03579677The stock’s 5-year Average Dividend Yield is 3.78. The current Payout Ratio is 95.92% for FNF, which recently paid a dividend on 2024-03-14 with an ex-dividend date of 1718323200. Stock splits for the company last occurred on 2022-12-01 when the company split stock in a 104:100 ratio.

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