Fidelity National Financial (NYSE:FNF – Get Free Report) issued its quarterly earnings data on Wednesday. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by ($0.08), RTT News reports. Fidelity National Financial had a return on equity of 13.91% and a net margin of 4.40%. The firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $2.72 billion. During the same period in the previous year, the business posted $0.52 EPS. The business’s revenue for the quarter was up 33.3% compared to the same quarter last year.
Fidelity National Financial Trading Up 0.9 %
NYSE FNF traded up $0.48 on Thursday, hitting $52.61. 1,495,332 shares of the stock were exchanged, compared to its average volume of 1,524,192. The company’s 50-day moving average price is $50.71 and its two-hundred day moving average price is $48.53. The company has a market capitalization of $14.38 billion, a price-to-earnings ratio of 27.54 and a beta of 1.33. Fidelity National Financial has a 52-week low of $33.61 and a 52-week high of $53.96. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.21 and a quick ratio of 0.21.
Fidelity National Financial Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.65%. Fidelity National Financial’s dividend payout ratio is currently 100.52%.
Analyst Upgrades and Downgrades
Read Our Latest Report on Fidelity National Financial
Insider Buying and Selling at Fidelity National Financial
In other Fidelity National Financial news, Director Halim Dhanidina sold 3,000 shares of Fidelity National Financial stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $50.64, for a total value of $151,920.00. Following the completion of the sale, the director now directly owns 14,906 shares in the company, valued at $754,839.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Halim Dhanidina sold 3,000 shares of the stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $50.64, for a total transaction of $151,920.00. Following the transaction, the director now owns 14,906 shares of the company’s stock, valued at approximately $754,839.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Cary H. Thompson sold 23,410 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were 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 disclosure for this sale can be found here. Company insiders own 5.40% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than Fidelity National Financial
- How to Use the MarketBeat Stock Screener
- Roblox: The Bottom Just Fell Out of the Metaverse
- How to Invest in Biotech Stocks
- Airbnb Stock Plummets After Earnings, But is It a Buy?
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Uber’s Earnings Drop Is Investors Opportunity
Receive News & Ratings for Fidelity National Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Financial and related companies with MarketBeat.com's FREE daily email newsletter.