As of Friday close, Fidelity National Financial Inc.’s (NYSE:FNF) stock was down -$0.28, moving down -0.67 percent to $41.52. The average number of shares traded per day over the past five days has been 2,794,740 shares. 3 times new highs have been achieved over the past 5 days, with a -$1.30 fall in that time frame. In the last twenty days, the average volume was 4,018,295, while in the previous 50 days, it was 2,214,856.
Since last month, FNF stock rose 3.90%. Shares of the company fell to $39.42 on 08/23/23, the lowest level in the past month. A 52-week high of $45.51 was reached on 02/02/23 after having rallying from a 52-week low of $31.84. Since the beginning of this year, FNF’s stock price has risen by 10.37% or $3.90, and marked a new high 15 times. However, the stock has declined by -8.77% since its 52-week high.
FNF stock investors should be aware that Fidelity National Financial Inc. (FNF) stock had its last reported insider trading activity 12 days ago on Sep 11. Nolan Michael Joseph, the Chief Executive Officer of the company, disposed of 30,000 shares for $43.12 on Sep 11. It resulted in a $1,293,600 divestment by the insider. LANE DANIEL D sold 5,531 shares at an average price of $37.44 on Dec 05. The insider now owns 271,325 shares following the transaction.
Valuation Metrics
Right now, Fidelity National Financial Inc. (FNF) has a P/E ratio of about 21.96. The stock’s beta is 1.33. Besides these, the trailing price-to-sales (P/S) ratio of 0.98, the price-to-book (PB) ratio of 1.80, and the price-to-cash flow ratio of 1.90 may also be considered.
The latest dividend of $0.45 per share was paid out, remained unchanged from last year’s $0.45. On Thursday November 3 2022, a $0.01 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.59, and the total debt-to-equity ratio was 0.59. In the year ended June 29, operating margins totaled 7.40%. Based on annual data, FNF earned $1.55 billion in gross profit and brought in $11.56 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.40%. Return on equity (ROE) for the past 12 months was 8.50%.
In Fidelity National Financial Inc.’s quarter-end financial report for June 29, it reported total debt of $3.7 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. FNF’s revenue rose 14.24% to $2.47 billion during the quarter, while net income inched up to $3.07 billion. While analysts expected Fidelity National Financial Inc. to report $1.01 quarterly earnings, the actual figure was $1.01 per share. During the quarter, the company generated $526.0 million in EBITDA. The value of shareholders’ equity is $272.17 million.
Technical Picture
This quick technical analysis looks at Fidelity National Financial Inc.’s (FNF) price momentum. With a historical volatility rate of 13.40%, the RSI 9-day stood at 40.38% on 22 September.
With respect to its five-day moving average, the current Fidelity National Financial Inc. price is down by -3.04% percent or -$1.30. At present, FNF shares trade +3.44% above its 20-day simple moving average and +17.52% percent above its 100-day simple moving average. However, the stock is currently trading approximately +8.18% above its SMA50 and +10.84% above its SMA200.
Stochastic coefficient K was 19.68% and Stochastic coefficient D was 42.20%, while ATR was 0.76. Given the Stochastic reading of 3.55% for the 14-day period, the RSI (14) reading has been calculated as 49.04%. As of today, the MACD Oscillator reading stands at -0.57, while the 14-day reading stands at -0.65.
Analyst Ratings
Fidelity National Financial Inc. (FNF) has been rated Overweight by analysts. According to 0 brokerage firms, FNF is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Fidelity National Financial Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $48.00, the current consensus forecast for the stock is $45.00 – $52.00. Based on these forecasts, analysts predict Fidelity National Financial Inc. (FNF) will achieve an average price target of $48.25.
