Media stories about FNF Group of Fidelity National Financial (NYSE:FNF) have trended positive on Sunday, according to Alpha One Sentiment Analysis. The research firm, a unit of Accern, scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FNF Group of Fidelity National Financial earned a news sentiment score of 0.44 on Alpha One’s scale. Alpha One also gave news stories about the financial services provider an impact score of 100 out of 100, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Alpha One’s scoring:
A number of research analysts have recently issued reports on the company. Zacks Investment Research downgraded FNF Group of Fidelity National Financial from a “buy” rating to a “hold” rating in a report on Wednesday. Monness Crespi & Hardt raised their price objective on FNF Group of Fidelity National Financial from $42.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, May 5th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $38.00 price objective on shares of FNF Group of Fidelity National Financial in a research report on Wednesday, April 19th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $44.20.
Shares of FNF Group of Fidelity National Financial (FNF) opened at 43.58 on Friday. The firm has a market cap of $11.87 billion, a PE ratio of 18.69 and a beta of 0.80. FNF Group of Fidelity National Financial has a 12 month low of $31.64 and a 12 month high of $43.73. The firm’s 50-day moving average price is $41.01 and its 200-day moving average price is $37.12.
FNF Group of Fidelity National Financial (NYSE:FNF) last announced its quarterly earnings data on Wednesday, May 3rd. The financial services provider reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.05. FNF Group of Fidelity National Financial had a net margin of 7.51% and a return on equity of 10.61%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the prior year, the firm earned $0.33 EPS. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. Analysts expect that FNF Group of Fidelity National Financial will post $2.52 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 16th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Wednesday, June 14th. FNF Group of Fidelity National Financial’s payout ratio is 42.74%.
In other FNF Group of Fidelity National Financial news, CFO Anthony Park sold 138,941 shares of the business’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $41.28, for a total transaction of $5,735,484.48. Following the completion of the transaction, the chief financial officer now directly owns 228,280 shares of the company’s stock, valued at approximately $9,423,398.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Daniel D. Lane sold 27,097 shares of the company’s stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of $38.51, for a total transaction of $1,043,505.47. Following the completion of the sale, the director now directly owns 256,766 shares of the company’s stock, valued at $9,888,058.66. The disclosure for this sale can be found here. Insiders have sold a total of 183,326 shares of company stock valued at $7,448,900 over the last three months. 5.00% of the stock is currently owned by company insiders.
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About FNF Group of 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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