FY2027 Earnings Estimate for FNF Issued By DOWLING & PARTN

Fidelity National Financial, Inc. (NYSE:FNF) – Analysts at DOWLING & PARTN cut their FY2027 EPS estimates for shares of Fidelity National Financial in a research report issued on Tuesday, October 20th. DOWLING & PARTN analyst G. Dunn now forecasts that the financial services provider will post earnings per share of $5.60 for the year, down from their previous forecast of $5.80. The consensus estimate for Fidelity National Financial’s current full-year earnings is $5.05 per share.

Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.08. The company had revenue of $4.05 billion during the quarter, compared to analyst estimates of $3.79 billion. Fidelity National Financial had a net margin of 5.03% and a return on equity of 16.07%. The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the business posted $1.16 EPS.

FNF has been the subject of several other research reports. Barclays decreased their price target on shares of Fidelity National Financial from $54.00 to $47.00 and set an “equal weight” rating for the company in a research note on Monday, October 5th. National Bank Financial set a $54.00 price objective on Fidelity National Financial in a research note on Friday, August 7th. Zacks Research upgraded Fidelity National Financial from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 26th. Stephens decreased their target price on Fidelity National Financial from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Fidelity National Financial in a report on Tuesday, September 8th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Fidelity National Financial presently has a consensus rating of “Moderate Buy” and an average target price of $54.20.

Fidelity National Financial Price Performance

Shares of FNF stock opened at $40.62 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.26 and a quick ratio of 0.26. The company has a market capitalization of $10.89 billion, a P/E ratio of 14.34, a P/E/G ratio of 0.62 and a beta of 0.94. The company’s 50-day simple moving average is $43.41 and its two-hundred day simple moving average is $47.05. Fidelity National Financial has a one year low of $37.88 and a one year high of $60.37.

Institutional Investors Weigh In On Fidelity National Financial

Several hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp bought a new position in shares of Fidelity National Financial during the second quarter valued at approximately $112,882,000. Dimensional Fund Advisors LP raised its stake in Fidelity National Financial by 30.1% in the first quarter. Dimensional Fund Advisors LP now owns 4,210,824 shares of the financial services provider’s stock worth $195,287,000 after buying an additional 973,891 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in Fidelity National Financial by 70.3% during the first quarter. Hsbc Holdings PLC now owns 896,177 shares of the financial services provider’s stock worth $41,524,000 after buying an additional 369,908 shares during the period. Squarepoint Ops LLC lifted its holdings in Fidelity National Financial by 74.4% during the second quarter. Squarepoint Ops LLC now owns 688,380 shares of the financial services provider’s stock worth $32,464,000 after buying an additional 293,761 shares during the period. Finally, SEB Asset Management AB bought a new stake in Fidelity National Financial during the 1st quarter valued at $13,359,000. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $2.08 dividend on an annualized basis and a yield of 5.1%. Fidelity National Financial’s dividend payout ratio (DPR) is 73.50%.

About Fidelity National Financial

Fidelity National Financial, Inc (NYSE:FNF) is a provider of title insurance and transaction services in the United States. Through its title insurance businesses, the company protects property buyers, lenders and other parties against certain risks associated with real estate ownership and transfers. Its services include title searches, title examinations, escrow and closing services, and related technology and transaction-support solutions.

FNF operates through a group of title insurance brands, including Fidelity National Title, Chicago Title, Commonwealth Land Title and Alamo Title.