Fidelity National Financial
Market Cap
US$12.9b
Last Updated
2021/04/13 22:19 UTC
Data Sources
Company Financials +
Executive Summary
Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 8.9% per year for the next 3 years
Snowflake Analysis
Excellent balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Fidelity National Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FNF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FNF's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
3.1%
FNF
0.9%
US Insurance
1.3%
US Market
1 Year Return
57.0%
FNF
37.9%
US Insurance
53.9%
US Market
Return vs Industry: FNF exceeded the US Insurance industry which returned 41.2% over the past year.
Return vs Market: FNF exceeded the US Market which returned 57.9% over the past year.
Shareholder returns
| FNF | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.1% | 0.9% | 1.3% |
| 30 Day | 5.2% | 1.3% | 2.8% |
| 90 Day | 11.0% | 10.0% | 6.6% |
| 1 Year | 63.1%57.0% | 41.6%37.9% | 56.6%53.9% |
| 3 Year | 24.5%12.3% | 31.5%21.7% | 62.7%52.3% |
| 5 Year | 116.7%34.0% | 76.3%54.2% | 120.5%95.9% |
Long-Term Price Volatility Vs. Market
How volatile is Fidelity National Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Introducing Fidelity National Financial (NYSE:FNF), A Stock That Climbed 51% In The Last Year2 weeks ago | Simply Wall St
What To Know Before Buying Fidelity National Financial, Inc. (NYSE:FNF) For Its Dividend1 month ago | Simply Wall St
Should You Buy Fidelity National Financial, Inc. (NYSE:FNF) For Its Upcoming Dividend?Valuation
Is Fidelity National Financial undervalued compared to its fair value and its price relative to the market?
8.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FNF ($44.15) is trading below our estimate of fair value ($48.02)
Significantly Below Fair Value: FNF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FNF is good value based on its PE Ratio (8.6x) compared to the US Insurance industry average (14.6x).
PE vs Market: FNF is good value based on its PE Ratio (8.6x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: FNF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FNF is overvalued based on its PB Ratio (1.5x) compared to the US Insurance industry average (1.1x).
Future Growth
How is Fidelity National Financial forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-8.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FNF's earnings are forecast to decline over the next 3 years (-8.9% per year).
Earnings vs Market: FNF's earnings are forecast to decline over the next 3 years (-8.9% per year).
High Growth Earnings: FNF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FNF's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: FNF's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FNF's Return on Equity is forecast to be low in 3 years time (14.1%).
Past Performance
How has Fidelity National Financial performed over the past 5 years?
18.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FNF has high quality earnings.
Growing Profit Margin: FNF's current net profit margins (13.4%) are higher than last year (12.5%).
Past Earnings Growth Analysis
Earnings Trend: FNF's earnings have grown by 18.3% per year over the past 5 years.
Accelerating Growth: FNF's earnings growth over the past year (37.1%) exceeds its 5-year average (18.3% per year).
Earnings vs Industry: FNF earnings growth over the past year (37.1%) exceeded the Insurance industry -9.8%.
Return on Equity
High ROE: FNF's Return on Equity (17.6%) is considered low.
Financial Health
How is Fidelity National Financial's financial position?
Financial Position Analysis
Short Term Liabilities: FNF's short term assets ($9.0B) exceed its short term liabilities ($7.4B).
Long Term Liabilities: FNF's short term assets ($9.0B) do not cover its long term liabilities ($34.7B).
Debt to Equity History and Analysis
Debt Level: FNF's debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: FNF's debt to equity ratio has reduced from 40.3% to 31.7% over the past 5 years.
Debt Coverage: FNF's debt is well covered by operating cash flow (59.3%).
Interest Coverage: FNF's interest payments on its debt are well covered by EBIT (20.8x coverage).
Balance Sheet
Dividend
What is Fidelity National Financial current dividend yield, its reliability and sustainability?
3.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FNF's dividend (3.26%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: FNF's dividend (3.26%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: FNF's dividend payments have been volatile in the past 10 years.
Growing Dividend: FNF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.4%), FNF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FNF's dividends in 3 years are forecast to be well covered by earnings (34% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average management tenure
CEO
Randy Quirk (73 yo)
7.33yrs
Tenure
US$9,646,148
Compensation
Mr. Raymond Randall Quirk, also known as Randy, has been Director at FGL Holdings since June 1, 2020. He has been the Chief Executive Officer of Fidelity National Financial, Inc. since December 7, 2013 and...
CEO Compensation Analysis
Compensation vs Market: Randy's total compensation ($USD9.65M) is about average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: FNF's management team is seasoned and experienced (5.6 years average tenure).
Board Members
Experienced Board: FNF's board of directors are seasoned and experienced ( 11.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FNF insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.6%.
Top Shareholders
Company Information
Fidelity National Financial, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fidelity National Financial, Inc.
- Ticker: FNF
- Exchange: NYSE
- Founded: 1847
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$12.855b
- Shares outstanding: 291.17m
- Website: https://www.fnf.com
Number of Employees
Location
- Fidelity National Financial, Inc.
- 601 Riverside Avenue
- Jacksonville
- Florida
- 32204
- United States
Listings
Biography
Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It of...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 22:19 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.