FY2027 Earnings Estimate for FNF Issued By DOWLING & PARTN

Fidelity National Financial, Inc. (NYSE:FNF) – Equities research analysts at DOWLING & PARTN cut their FY2027 earnings estimates for Fidelity National Financial in a note issued to investors on Tuesday, October 20th. DOWLING & PARTN analyst G. Dunn now anticipates 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.

Several other research analysts have also commented on the company. National Bank Financial set a $54.00 price target on Fidelity National Financial in a research report on Friday, August 7th. Zacks Research upgraded Fidelity National Financial from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 26th. Barclays decreased their price objective on Fidelity National Financial from $54.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Monday, October 5th. Stephens lowered their price objective on Fidelity National Financial from $55.00 to $50.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Keefe, Bruyette & Woods dropped their target price on Fidelity National Financial from $64.00 to $61.00 and set an “outperform” rating for the company in a report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Fidelity National Financial presently has an average rating of “Moderate Buy” and a consensus price target of $54.20.

Fidelity National Financial Stock Up 0.3%

Shares of NYSE FNF opened at $40.62 on Thursday. The firm’s 50-day moving average price is $43.41 and its 200-day moving average price is $47.05. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $10.89 billion, a price-to-earnings ratio of 14.34, a P/E/G ratio of 0.62 and a beta of 0.94. Fidelity National Financial has a 12-month low of $37.88 and a 12-month high of $60.37.

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Root Financial Partners LLC purchased a new stake in shares of Fidelity National Financial in the third quarter worth approximately $38,000. Reyes Financial Architecture Inc. lifted its stake in shares of Fidelity National Financial by 1,080.7% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 1,039 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 951 shares during the last quarter. Axxcess Wealth Management LLC boosted its holdings in Fidelity National Financial by 20.1% during the 3rd quarter. Axxcess Wealth Management LLC now owns 7,428 shares of the financial services provider’s stock valued at $287,000 after acquiring an additional 1,244 shares during the period. Net Worth Advisory Group boosted its holdings in Fidelity National Financial by 21.4% during the 3rd quarter. Net Worth Advisory Group now owns 5,857 shares of the financial services provider’s stock valued at $229,000 after acquiring an additional 1,034 shares during the period. Finally, Focused Alpha LLC boosted its holdings in Fidelity National Financial by 4.8% during the 3rd quarter. Focused Alpha LLC now owns 8,928 shares of the financial services provider’s stock valued at $345,000 after acquiring an additional 405 shares during the period. Hedge funds and other institutional investors own 81.17% of the company’s stock.

Fidelity National Financial Dividend Announcement

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. This represents a $2.08 annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Wednesday, September 16th. Fidelity National Financial’s payout ratio 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.