In today’s recent session, 1,515,448 shares of the Fidelity National Financial, Inc.(NYSE:FNF) have been traded, and its beta is 1.39. Most recently the company’s share price was $42.23, and it changed around -$0.41 or -0.01% from the last close, which brings the market valuation of the company to $12.3 Billion. FNF at last check was trading at a discount to its 52-week high of $42.81, offering almost -1.37% off that amount. The share price’s 52-week low was $23.58, which indicates that the recent value has risen by an impressive 44.16% since then. We note from Fidelity National Financial, Inc.’s average daily trading volume that its 10-day average is 2.01 Million shares, with the 3-month average coming to 2.14 Million.
Fidelity National Financial, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 2. If we narrow it down even further, the data shows that none out of 5 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 1 recommended FNF as a Hold, whereas 4 deemed it a Buy, and no one rated it as Underweight. Fidelity National Financial, Inc. is expected to report earnings per share of $1.17 for the current quarter.
Fidelity National Financial, Inc. (NYSE:FNF): Trading Information Today
Although FNF has been showing red trend so far today with a performance of -0.96% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $42.83 on Wednesday, Apr 07 increased the stock’s daily price by 1.38%. The company’s shares are currently up 0.08% year-to-date, but still up 0.0338 over the last five days. On the other hand, Fidelity National Financial, Inc. (NYSE:FNF) is 0.13% up in the 30-day period. We can see from the shorts that 4.49 Million shares have been sold at a short interest cover period of 2.1 day(s).
The consensus price target as assigned by Wall Street analysts is $50.75, which translates to bears needing to increase their stock price by 20.18% from its current value. Analyst projections state that FNF is forecast to be at a low of $48 and a high of $55. In order for the stock price to hit the forecast high, the stock would need to surge +30.24% from its current level, while the stock would need to crash 13.66% from its current level to reach the projected low.
Fidelity National Financial, Inc. (FNF) projections and forecasts
Fidelity National Financial, Inc. share prices are not performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +29.02 percent over the past six months and at a -7.12% annual growth rate that is well below the industry average of 10%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will gain +60.3% in revenue this quarter, and will report an increase of 20.2% in the next quarter. The year-over-year growth rate is expected to be 0.6%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $2.69 Billion in revenue for the current quarter. 4 analysts expect Fidelity National Financial, Inc. to make $2.7 Billion in revenue for the quarter ending June 01, 2021. The company’s sales for the same quarters a year ago were $1.61 Billion and $1.9 Billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 66.9%. Forecasts for the next quarter put sales growth at 42.1%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 32%. Fidelity National Financial, Inc. earnings are expected to increase by 32.4% in 2021, but the outlook is positive 8.1% per year for the next five years.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
FNF Dividend Yield
Fidelity National Financial, Inc.’s next quarterly earnings report is expected to be released around April 20 – April 26, 2021. The annual dividend yield of the stock is 3.45 percent and its annual dividend per share was $1.44. It is important to note, however, that the 3.45% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.97% per year.
Fidelity National Financial, Inc. (NYSE:FNF)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 4.61% of Fidelity National Financial, Inc. shares, and 82.79% of them are in the hands of institutional investors. The stock currently has a share float of 86.79%. Fidelity National Financial, Inc. stock is held by 746 institutions, with Blackrock Inc. being the largest institutional investor. By Dec 30, 2020, it held 8.94% of the shares, which is about 26.02 Million shares worth $1.02 Billion.
Vanguard Group, Inc. (The), with 8.85% or 25.76 Million shares worth $1.01 Billion as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Principal Mid Cap Fund were the top two Mutual Funds as of Dec 30, 2020. The former held 7860345 shares worth $307.26 Million, making up 2.7% of all outstanding shares. On the other hand, Principal Mid Cap Fund held roughly 6.67 Million shares worth around $242.16 Million, which represents about 2.29% of the total shares outstanding.