Fidelity Investments: Ticker Symbol Explained

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation. It is one of the largest asset managers in the world, with $5.8 trillion in assets under management and $15 trillion in assets under administration as of September 2024. The company was established in 1946 and is based in Boston, Massachusetts. It operates a brokerage firm, manages mutual funds, provides fund distribution and investment advice, and offers a range of financial services. The ticker symbol for Fidelity National Financial Inc., a title insurance company, is FNF:NYSE.

Fidelity National Financial Inc. (FNF) stock price

The ticker symbol for Fidelity Investments is FNF, which stands for Fidelity National Financial Inc. The company's stock price has been fluctuating in a relatively narrow range over the past year, with a 52-week low of $31.84 and a 52-week high of $52.93.

Fidelity National Financial Inc. is a title insurance company that provides title insurance and transaction services to the real estate and mortgage industries. It was founded by William P. Foley, II in 1984 and is headquartered in Jacksonville, Florida. The company operates through three segments: Title, F&G, and Corporate and Other. The Title segment consists of title insurance operations, while the F&G segment deals with annuities and life insurance-related businesses. The Corporate and Other segment includes real estate brokerage businesses.

As of February 20, 2024, the stock was trading at around $52 per share, with a volume of 306.69K. The company has a relatively low short interest of 4.47M as of January 31, 2024, representing 1.74% of the float.

Fidelity National Financial Inc. has been making headlines with its recent acquisitions and financial performance. In February 2020, the company announced a deal to acquire FGL Holdings for $2.7 billion, offering a premium of 2.9% on FGL's closing price. However, in September 2019, the company had to terminate its deal to buy Stewart Information Services due to FTC concerns.

In terms of financial performance, Fidelity National Financial Inc.'s revenues beat expectations in its Full Year 2023 results, with a revenue of US$11.8 billion, an increase of 1.3% from the previous year. The company has also been declared a "Buy" by Argus Research, with a target price of $57.00.

FNF's target price raised to $57.00

Fidelity Investments is a multinational financial services corporation that offers a range of financial products and services, including mutual funds, retirement planning, wealth management, and investment advice. The company is one of the largest providers of financial services in the world and is known for its mutual funds and brokerage services.

Regarding the ticker symbol, Fidelity National Financial Inc. is publicly listed on the New York Stock Exchange (NYSE) under the ticker symbol 'FNF'.

Fidelity National Financial, Inc. (NYSE: FNF) has received a boost in its target share price from Argus Research, who have raised it to $57.00. This updated assessment comes with an Investment Rating of BUY. In addition, the stock has been given a range of subratings:

• Industry Subrating: Low
• Management Subrating: Medium
• Safety Subrating: Medium
• Financial Strength Subrating: Medium
• Growth Subrating: Medium
• Value Subrating: High

This positive outlook for FNF is supported by other research firms, such as Truist Financial, who gave a buy rating and raised their target price to $60.00 on February 23rd, 2024. Keefe, Bruyette & Woods also increased their target price to $56.00 and assigned a market perform rating on March 21st, 2024.

Fidelity National Financial, Inc. is a provider of title insurance and transaction services to the real estate and mortgage industries. The company operates through three main segments: Title, F&G, and Corporate and Other.

The Title segment encompasses title insurance underwriting and related businesses, offering services such as escrow, trust activities, trustee sales guarantees, and home warranty products.

The F&G segment involves annuities and life insurance-related operations.

Finally, the Corporate and Other segment includes real estate brokerage businesses.

FNF's stock price has experienced fluctuations, with a 52-week range of $31.84 to $52.93 as of November 22, 2024. The company has a market capitalisation of $13.26 billion, a P/E ratio of 25.41, and a beta of 1.34.

In summary, the raised target price of $57.00 for FNF by Argus Research, coupled with its 'BUY' rating and positive subratings, presents a promising outlook for investors. With a focus on the real estate and mortgage industries, FNF's performance is tied to the health of those sectors. The company's financial metrics and the assessments of other research firms further reinforce the potential upside for investors considering FNF.

FNF's dividend and yield

Fidelity Investments is a multinational financial services corporation and is one of the largest providers of financial services in the world. The ticker symbol for Fidelity National Financial Inc. is FNF:NYSE.

Fidelity National Financial, Inc. (FNF) has a history of providing regular dividends to its shareholders. FNF's dividend and yield performance is an important aspect of its investment profile. FNF has demonstrated a commitment to returning value to its shareholders through consistent dividend payments.

FNF has a history of dividend payments, with a current TTM dividend payout of $1.92 as of November 21, 2024. This indicates a steady stream of dividend income for investors. The company has also shown dividend growth over the years, with a dividend CAGR of 8% over the last 3 years, which is considered top 40% in its industry. This growth rate is calculated based on the dividend payouts over the previous five payouts, which have shown variability and growth.

The dividend yield for FNF is also an attractive feature. As of December 26, 2024, the forward dividend yield was 3.52%, placing it in the top 30% of its industry. This means that an investor can expect an annual return of 3.52% of the stock price by holding FNF shares. The ex-dividend date, or the date that a shareholder must own shares by to be eligible for the dividend, was announced as March 14, 2024, with a cash dividend of 0.48.

FNF's dividend payout ratio, which examines if a company’s earnings can support the current dividend payment amount, is also worth noting. FNF has a forward payout ratio, calculated by dividing the forward annualized dividend by the FY1 EPS, of 2.6.

FNF has also demonstrated consecutive years of dividend increases, with 13 years of consecutive dividend growth. This indicates a long-term commitment to increasing shareholder value.

FNF's dividend performance is an important aspect of its investment profile, and the company has shown a strong track record in this area.

FNF's revenue and growth

Fidelity National Financial Inc. (FNF) is a title insurance company that provides title insurance and transaction services to the real estate and mortgage industries. It has three segments: Title, F&G, and Corporate and Other.

FNF's revenue for the full year 2023 was US$11.8 billion, up 1.3% from the previous year. The company's revenue (TTM) as of January 2025 was $13.529 billion, with a net margin of 5.65%.

In terms of growth, FNF has a Growth Subrating of Medium from Argus Research. The company's revenue grew by 1.3% in 2023, demonstrating a modest increase. FNF's revenue growth has likely contributed to its overall financial performance and profitability.

Overall, FNF's revenue and growth are important factors for investors to consider when evaluating the company's financial health and potential. The company's performance in these areas contributes to its overall standing in the market and its ability to generate returns for shareholders.

FNF's industry, management, safety, and financial strength subratings

Fidelity National Financial, Inc. (FNF) has a target price of $57.000000, an industry subrating of low, a management subrating of medium, a safety subrating of medium, a financial strength subrating of medium, a growth subrating of medium, and a value subrating of high.

Fidelity National Financial, Inc. (FNF) is a title insurance company that operates through three segments: Title, F&G, and Corporate and Other. The company provides title insurance, escrow, and other title-related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products. In addition, it offers technology and transaction services to the real estate and mortgage industries, annuity and life insurance products, and engages in the real estate brokerage business.

Fidelity National Financial's management subrating of medium can be attributed to its executive team, which includes a Chief Executive Officer, an Executive Vice-Chairman, a Chief Legal Officer, a Chief Compliance Officer, a Chief Human Resources Officer, and various Vice Presidents overseeing legal, investor relations, sales, and corporate secretary responsibilities.

The company's safety and financial strength subratings of medium reflect its position as a provider of insurance products and services. Insurance companies are generally considered to have a medium level of safety and financial strength due to the inherent risks and capital requirements associated with the industry.

Fidelity National Financial's industry subrating of low indicates that it operates in a specialised or niche market. As a provider of title insurance and related services, the company caters to a specific segment of the insurance and real estate industries.

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