On January 24, 2023, Fidelity National Financial Inc. (NYSE: FNF) opened at $42.20, higher 0.68% from the last session. During the day, the shares moved up to $43.14 and dropped to $42.00 before settling in for the closing price of $42.58. Price fluctuations for FNF have ranged from $33.17 to $49.41 over the past 52 weeks.
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Annual sales at Financial sector company grew by 16.60% over the past five years. Company’s average yearly earnings per share was noted 65.70% at the time writing. With a float of $255.82 million, this company’s outstanding shares have now reached $273.00 million.
Let’s look at the performance matrix of the company that is accounted for 28290 employees.
Fidelity National Financial Inc. (FNF) Insider Updates
A key investor’s attitude towards the stock of the Insurance – Specialty industry is another important factor to consider. The insider ownership of Fidelity National Financial Inc. is 2.90%, while institutional ownership is 82.30%. The most recent insider transaction that took place on Dec 05, was worth 207,053. In this transaction Director of this company sold 5,531 shares at a rate of $37.44, taking the stock ownership to the 271,325 shares. Before that another transaction happened on Sep 14, when Company’s Director sold 13,389 for $40.83, making the entire transaction worth $546,619. This insider now owns 200,642 shares in total.
Fidelity National Financial Inc. (FNF) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $1.9 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.61) by $0.29. This company achieved a net margin of +15.44 while generating a return on equity of 27.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 65.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -11.03% during the next five years compared to 38.40% growth over the previous five years of trading.
Fidelity National Financial Inc. (NYSE: FNF) Trading Performance Indicators
Check out the current performance indicators for Fidelity National Financial Inc. (FNF). In the past quarter, the stock posted a price to sales ratio for the trailing twelve months stands at 0.83. Likewise, its price to free cash flow for the trailing twelve months is 2.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.64, a number that is poised to hit 1.17 in the next quarter and is forecasted to reach 5.06 in one year’s time.
Technical Analysis of Fidelity National Financial Inc. (FNF)
Fidelity National Financial Inc. (NYSE: FNF) saw its 5-day average volume 1.64 million, a positive change from its year-to-date volume of 1.51 million. As of the previous 9 days, the stock’s Stochastic %D was 95.60%. Additionally, its Average True Range was 0.97.
During the past 100 days, Fidelity National Financial Inc.’s (FNF) raw stochastic average was set at 96.87%, which indicates a significant increase from 95.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.14% in the past 14 days, which was lower than the 34.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.12, while its 200-day Moving Average is $39.29. Nevertheless, the first resistance level for the watch stands at $43.34 in the near term. At $43.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $44.48. If the price goes on to break the first support level at $42.20, it is likely to go to the next support level at $41.53. Assuming the price breaks the second support level, the third support level stands at $41.06.
Fidelity National Financial Inc. (NYSE: FNF) Key Stats
There are currently 272,132K shares outstanding in the company with a market cap of 11.45 billion. Presently, the company’s annual sales total 15,643 M according to its annual income of 2,422 M. Last quarter, the company’s sales amounted to 3,207 M and its income totaled 289,000 K.