Market Recap Check: Fidelity National Financial Inc (FNF)’s Positive Finish at 53.61, Up/Down 0.87

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Fidelity National Financial Inc (NYSE: FNF) closed at $53.61 in the last session, up 0.87% from day before closing price of $53.15. In other words, the price has increased by $0.87 from its previous closing price. On the day, 1.01 million shares were traded. FNF stock price reached its highest trading level at $54.432 during the session, while it also had its lowest trading level at $53.16.

Ratios:

We take a closer look at FNF’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 04 ’24 when PARK ANTHONY sold 85,000 shares for $50.82 per share. The transaction valued at 4,320,091 led to the insider holds 99,049 shares of the business.

Dhanidina Halim sold 3,000 shares of FNF for $151,908 on Apr 26 ’24. The Director now owns 14,906 shares after completing the transaction at $50.64 per share. On Mar 04 ’24, another insider, THOMPSON CARY H, who serves as the Director of the company, sold 23,410 shares for $51.11 each. As a result, the insider received 1,196,473 and left with 40,317 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 14648290304 and an Enterprise Value of 15717301248. As of this moment, Fidelity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.65, and their Forward P/E ratio for the next fiscal year is 9.40. 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 2.06. Its current Enterprise Value per Revenue stands at 1.247 whereas that against EBITDA is 8.251.

Stock Price History:

Over the past 52 weeks, FNF has reached a high of $55.37, while it has fallen to a 52-week low of $37.10. The 50-Day Moving Average of the stock is 5.99%, while the 200-Day Moving Average is calculated to be 10.49%.

Shares Statistics:

According to the various share statistics, FNF traded on average about 1.00M shares per day over the past 3-months and 1095530 shares per day over the past 10 days. A total of 273.25M shares are outstanding, with a floating share count of 258.83M. Insiders hold about 5.27% of the company’s shares, while institutions hold 83.56% stake in the company. Shares short for FNF as of 1676419200 were 3960372 with a Short Ratio of 3.39, 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

The forward annual dividend rate for FNF is 1.89, which was 1.86 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.034995295The stock’s 5-year Average Dividend Yield is 3.8.

Most Popular