News stories about Fidelity National Financial (NYSE:FNF) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fidelity National Financial earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.0683404297453 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
Fidelity National Financial (FNF) opened at 47.46 on Friday. The firm has a market cap of $12.95 billion, a P/E ratio of 20.70 and a beta of 0.96. The firm has a 50 day moving average of $47.70 and a 200-day moving average of $43.24. Fidelity National Financial has a 12 month low of $31.64 and a 12 month high of $49.37.
Fidelity National Financial (NYSE:FNF) last released its earnings results on Wednesday, July 19th. The financial services provider reported $0.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.03. Fidelity National Financial had a net margin of 7.49% and a return on equity of 10.41%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.14 billion. During the same quarter last year, the business earned $0.74 EPS. The business’s revenue was up 7.2% on a year-over-year basis. On average, equities research analysts forecast that Fidelity National Financial will post $2.55 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.11%. The ex-dividend date was Thursday, September 14th. Fidelity National Financial’s dividend payout ratio (DPR) is 43.67%.
FNF has been the subject of several research analyst reports. Zacks Investment Research raised shares of Fidelity National Financial from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research note on Thursday, August 17th. Piper Jaffray Companies reissued a “buy” rating and set a $48.00 price objective on shares of Fidelity National Financial in a report on Friday, July 14th. Finally, Barclays PLC lifted their price objective on shares of Fidelity National Financial from $48.00 to $49.00 and gave the company an “overweight” rating in a report on Monday, July 3rd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $46.60.
In other Fidelity National Financial news, Director Janet Kerr sold 786 shares of Fidelity National Financial stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $48.41, for a total transaction of $38,050.26. Following the completion of the transaction, the director now owns 11,817 shares in the company, valued at $572,060.97. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Peter T. Sadowski sold 133,215 shares of Fidelity National Financial stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $47.53, for a total transaction of $6,331,708.95. Following the transaction, the executive vice president now owns 89,575 shares of the company’s stock, valued at approximately $4,257,499.75. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 214,001 shares of company stock valued at $10,226,559. 5.00% of the stock is currently owned by company insiders.
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About Fidelity National Financial
Fidelity National Financial, Inc (FNF) is a holding company. FNF, through its subsidiaries, provides title insurance, mortgage services and diversified services. FNF operates in four segments: Fidelity National Title Group, Remy, Restaurant Group and Corporate and Other. The Fidelity National Title Group segment consists of the operations of FNF’s title insurance underwriters and related businesses.
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