Fidelity National Financial (FNF) to Release Earnings on Tuesday

Fidelity National Financial (NYSE:FNF) will post its quarterly earnings results after the market closes on Tuesday, July 17th. Analysts expect Fidelity National Financial to post earnings of $0.82 per share for the quarter.

Fidelity National Financial (NYSE:FNF) last announced its earnings results on Wednesday, May 2nd. The financial services provider reported $0.42 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.42. Fidelity National Financial had a return on equity of 13.04% and a net margin of 8.66%. The firm had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same period in the previous year, the business earned $0.42 EPS. On average, analysts expect Fidelity National Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

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Shares of Fidelity National Financial opened at $38.29 on Tuesday, Marketbeat Ratings reports. Fidelity National Financial has a 1-year low of $31.89 and a 1-year high of $42.52. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.17. The firm has a market cap of $10.40 billion, a P/E ratio of 16.87 and a beta of 0.80.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 29th. Investors of record on Friday, June 15th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.13%. This is an increase from Fidelity National Financial’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Thursday, June 14th. Fidelity National Financial’s payout ratio is 52.86%.

In other Fidelity National Financial news, insider Brent B. Bickett sold 63,155 shares of Fidelity National Financial stock in a transaction dated Tuesday, April 17th. The stock was sold at an average price of $39.10, for a total transaction of $2,469,360.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Anthony Park sold 55,779 shares of Fidelity National Financial stock in a transaction dated Thursday, June 21st. The stock was sold at an average price of $36.99, for a total value of $2,063,265.21. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 119,998 shares of company stock valued at $4,573,185. 6.10% of the stock is currently owned by insiders.

A number of brokerages have commented on FNF. Zacks Investment Research raised Fidelity National Financial from a “sell” rating to a “hold” rating in a research report on Friday. ValuEngine cut Fidelity National Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, May 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $43.83.

Fidelity National Financial Company Profile

Fidelity National Financial, Inc, together with its subsidiaries, provides title insurance, technology, and transaction services to the real estate and mortgage industries in the United States. The company operates in Title, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including collection and trust activities, trustee sales guarantees, recordings and conveyances, and home warranty insurance.