Fidelity National Financial (FNF) to Release Earnings on Wednesday

Fidelity National Financial (NYSE:FNF - Get Free Report) will be announcing its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.86 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Fidelity National Financial (NYSE:FNF - Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.02 by ($0.27). Fidelity National Financial had a return on equity of 13.91% and a net margin of 4.40%. The business had revenue of $3.43 billion for the quarter, compared to analysts' expectations of $2.80 billion. During the same period last year, the firm earned $1.06 earnings per share. On average, analysts expect Fidelity National Financial to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Fidelity National Financial Stock Performance

Shares of Fidelity National Financial stock traded up $0.64 on Wednesday, hitting $50.14. The stock had a trading volume of 632,407 shares, compared to its average volume of 1,557,206. Fidelity National Financial has a 52-week low of $32.02 and a 52-week high of $53.96. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.52. The stock has a market cap of $13.70 billion, a price-to-earnings ratio of 26.25 and a beta of 1.34. The company's 50 day moving average price is $50.52 and its 200 day moving average price is $48.09.

Fidelity National Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 3.83%. The ex-dividend date of this dividend was Thursday, March 14th. Fidelity National Financial's payout ratio is currently 100.52%.

Insider Activity at Fidelity National Financial

In related news, Director Cary H. Thompson sold 23,410 shares of the business's stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $51.11, for a total value of $1,196,485.10. Following the transaction, the director now owns 40,317 shares in the company, valued at approximately $2,060,601.87. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Fidelity National Financial news, Director Cary H. Thompson sold 23,410 shares of the business's stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $51.11, for a total transaction of $1,196,485.10. Following the transaction, the director now owns 40,317 shares in the company, valued at approximately $2,060,601.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Halim Dhanidina sold 3,000 shares of the business's stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $50.64, for a total value of $151,920.00. Following the transaction, the director now owns 14,906 shares in the company, valued at approximately $754,839.84. The disclosure for this sale can be found here. 5.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Truist Financial boosted their target price on Fidelity National Financial from $55.00 to $60.00 and gave the company a "buy" rating in a report on Friday, February 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on Fidelity National Financial in a report on Wednesday, January 10th. They issued a "hold" rating for the company. Keefe, Bruyette & Woods boosted their target price on Fidelity National Financial from $54.00 to $56.00 and gave the company a "market perform" rating in a report on Thursday, March 21st. Finally, Barclays boosted their target price on Fidelity National Financial from $52.00 to $56.00 and gave the company an "equal weight" rating in a report on Tuesday, April 9th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $54.20.

About Fidelity National Financial

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.