Fidelity National Financial Inc. Sets New 1-Year High at $27.31 (FNF)
Fidelity National Financial (NYSE:FNF) set a new 52-week high during trading on Thursday, AmericanBankingNews.com reports. The stock traded as high as $27.31 and last traded at $27.23, with a volume of 9,081,792 shares. The stock had previously closed at $26.52.
A number of analysts have recently weighed in on FNF shares. 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. Separately, 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 research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $28.83.
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 $6.084 billion and a price-to-earnings ratio of 9.90.
Fidelity National Financial (NYSE:FNF) last announced its earnings results on Tuesday, October 29th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters 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. On average, analysts predict that Fidelity National Financial will post $1.96 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 30th. Stockholders of record on Monday, December 16th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.71%.
Fidelity National Financial, Inc (NYSE:FNF) is a holding company.
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