Fidelity National Financial Inc. (FNF) Announces Quarterly Dividend of $0.18
Fidelity National Financial (NYSE:FNF) announced a quarterly dividend on Wednesday, October 23rd, StockRatingsNetwork reports. Stockholders of record on Monday, December 16th will be paid a dividend of $0.18 per share on Monday, December 30th. This represents a $0.72 annualized dividend and a dividend yield of 2.71%.
FNF has been the subject of a number of recent research reports. Analysts at Janney Montgomery Scott initiated coverage on shares of Fidelity National Financial in a research note to investors on Thursday, October 17th. They set a “neutral” rating on the stock. On a related note, analysts at Zacks upgraded shares of Fidelity National Financial from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 8th. They now have a $27.50 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods upgraded shares of Fidelity National Financial from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, September 3rd. They now have a $31.00 price target on the stock, up previously from $27.00. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Fidelity National Financial has an average rating of “Hold” and a consensus price target of $28.83.
Fidelity National Financial (NYSE:FNF) traded down 1.41% on Wednesday, hitting $26.52. The stock had a trading volume of 6,346,121 shares. Fidelity National Financial has a 52 week low of $19.71 and a 52 week high of $27.17. The stock’s 50-day moving average is $24. and its 200-day moving average is $24.91. The company has a market cap of $5.967 billion and a price-to-earnings ratio of 10.04.
Fidelity National Financial (NYSE:FNF) last announced its earnings results on Tuesday, October 29th. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.49 by $0.01. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Analysts expect that Fidelity National Financial will post $1.96 EPS for the current fiscal year.
Fidelity National Financial, Inc (NYSE:FNF) is a holding company.
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