Financial Performance - Net earnings attributable to common shareholders for Q4 2024 were $450 million, or $1.65 per diluted share, compared to a net loss of $69 million, or $0.25 per share, in Q4 2023[3]. - Adjusted net earnings for Q4 2024 were $366 million, or $1.34 per share, up from $204 million, or $0.75 per share, in Q4 2023[4]. - Total revenue for Q4 2024 was $3.621 billion, a 5.5% increase from $3.432 billion in Q4 2023[8]. - Total revenue for the twelve months ended December 31, 2024, was $13,681 million, an increase from $11,752 million in the previous year[38][42]. - Adjusted net earnings attributable to common shareholders for the twelve months ended December 31, 2024, were $1,265 million, with an adjusted EPS of $4.63[40]. - Adjusted net earnings for the full year 2024 reached $475 million, with $433 million from alternative investments and $39 million from CLO redemptions[56]. - Adjusted net earnings for Q4 2024 were $123 million, including $116 million from alternative investments, $13 million from CLO redemptions, and $6 million from actuarial model refinements[56]. Revenue Breakdown - The Title Segment generated $2.0 billion in revenue for Q4 2024, a 17.6% increase from $1.7 billion in Q4 2023[13]. - Total revenue for the fourth quarter was $3,621 million, with a breakdown of $2,012 million from title and $1,559 million from F&G[31]. - Total commercial revenue for Q4 2024 was $376 million, up from $290 million in Q4 2023, indicating a 29.6% increase[50]. Expenses and Margins - Total expenses for the quarter amounted to $2,981 million, with personnel costs of $832 million and agent commissions of $606 million[31]. - The adjusted pre-tax title margin for Q4 2024 was 16.6%, compared to 11.8% in Q4 2023, reflecting improved operational efficiencies[10]. - Adjusted pre-tax earnings for the twelve months ended December 31, 2024, were $1,737 million, reflecting a strong performance across segments[40]. - Total expenses for the twelve months ended December 31, 2024, were $11,939 million, compared to $11,059 million in the previous year[38][42]. Assets and Investments - F&G's assets under management (AUM) before flow reinsurance reached $65.3 billion at the end of Q4 2024, a 17% increase from Q4 2023[18]. - Total assets increased to $95,372 million as of December 31, 2024, up from $80,614 million in 2023, representing a growth of 18.3%[46]. - Cash and investment portfolio increased to $67,094 million as of December 31, 2024, compared to $58,816 million in 2023, marking a growth of 14.8%[46]. - The company reported $342 million in investment income from alternative investments for the twelve months ended December 31, 2023[56]. Sales and Orders - F&G Segment gross sales for Q4 2024 were $3.5 billion, a 15% decrease from Q4 2023, while full year gross sales reached a record $15.3 billion, a 16% increase over 2023[15]. - Total opened orders in Q4 2024 were 299,000, with a purchase percentage of 72%, compared to 257,000 orders and 78% purchase percentage in Q4 2023[50]. - Total annuity sales for Q4 2024 were $2,445 million, a decrease from $2,895 million in Q4 2023, while full year sales increased to $11,834 million from $9,765 million[58]. - Pension risk transfer sales for Q4 2024 were $983 million, up from $764 million in Q4 2023, with full year sales at $2,242 million compared to $1,976 million[58]. Dividends and Shareholder Returns - FNF paid common dividends of $0.50 per share totaling $141 million in Q4 2024, ending the year with $786 million in cash and short-term liquid investments[7]. - The total equity attributable to common shareholders rose to $7,754 million as of December 31, 2024, compared to $6,908 million in 2023, reflecting a growth of 12.3%[46]. Risks and Market Conditions - The company highlighted risks including changes in economic conditions and competition in the title insurance market[27].

Core Insights - Fidelity National Financial, Inc. (FNF) reported strong financial results for Q4 and the full year 2024, with net earnings attributable to common shareholders of $450 million, or $1.65 per diluted share, compared to a net loss of $69 million, or $0.25 per share, in Q4 2023 [2][3] - The company achieved adjusted net earnings of $366 million, or $1.34 per share, for Q4 2024, up from $204 million, or $0.75 per share, in Q4 2023 [3][6] - For the full year 2024, FNF's total revenue reached $13.681 billion, a 16.4% increase from $11.752 billion in 2023 [6][32] Financial Performance - Total revenue for Q4 2024 was $3.621 billion, compared to $3.432 billion in Q4 2023, marking a 5.5% increase [6][15] - The Title Segment generated $2.0 billion in revenue for Q4 2024, a 17.6% increase from $1.7 billion in Q4 2023 [8][15] - F&G Segment achieved record gross sales of $15.3 billion for the full year 2024, a 16% increase over 2023 [12][16] Segment Contributions - The Title Segment contributed $263 million and $877 million for Q4 and full year 2024, respectively, compared to $174 million and $760 million in the same periods of 2023 [8][11] - The F&G Segment contributed $123 million and $475 million for Q4 and full year 2024, respectively, compared to $64 million and $285 million in 2023 [8][11] - F&G's assets under management (AUM) reached $65.3 billion at year-end 2024, a 17% increase from the previous year [5][16] Operational Efficiency - FNF achieved an industry-leading adjusted pre-tax Title margin of 16.6% for Q4 2024, compared to 11.8% in Q4 2023 [5][9] - The company has focused on operational efficiencies through its integrated operating platform, enhancing customer experience and exploring innovations such as generative AI tools [9][12] - The Title Segment's adjusted pre-tax earnings for the full year were $1.2 billion, up from $964 million in 2023 [15][32] Dividend and Cash Position - FNF paid common dividends of $0.50 per share, totaling $141 million in Q4 2024, and ended the year with $786 million in cash and short-term liquid investments [8][16] - The company maintains a strong balance sheet, supporting its sustainable dividend policy [8][12]

Group 1 - Fidelity National Financial, Inc. (FNF) will release its fourth quarter and full year 2024 earnings on February 20, 2025, after market close [1] - A conference call to discuss the earnings results will take place on February 21, 2025, at 11:00 a.m. Eastern Time [2] - FNF is a leading provider of title insurance and transaction services in the real estate and mortgage industries, and also offers insurance solutions through its subsidiary F&G Annuities & Life, Inc. [3] Group 2 - FNF is the largest title insurance company in the United States, issuing more title insurance policies than any other company through its various underwriters [3] - The company’s Investor Relations website will provide additional information regarding the quarterly financial results [2][5] - Access to the conference call can be made via internet webcast or telephone, with specific dial-in numbers provided for both domestic and international participants [5]

Core Insights - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] Group 1 - The service offers a free two-week trial for potential investors to explore top ideas across exclusive income-focused portfolios [1] Group 2 - The analyst has over 14 years of investment experience and an MBA in Finance, focusing on defensive stocks with a medium- to long-term investment horizon [2]

2025 Trends in 1031 Exchanges and Commercial Real EstateCHICAGO, Jan. 23, 2025 /PRNewswire/ -- Investment Property Exchange Services, Inc. (IPX1031), the national leader in 1031 Qualified Intermediary services, has released its annual 1031 trends, outlining the key developments expected in the commercial real estate (CRE) market and the 1031 Exchange landscape for 2025. As economic conditions and market dynamics evolve, staying informed on these trends is crucial for investors and property owners. "Utilizin ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are ...

FNF Group (FNF) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power of a c ...

Shares of Fidelity National Financial (FNF) have rallied 24.5%  year to date, outperforming the Finance sector’s increase of 22.8%. It, however, underperformed the industry’s increase of 35.3% as well as the S&P 500 composite’s rise of 26%. FNF stock is trading well above the 50-day moving average, indicating a bullish trend, and is near its 52-week high. With a capitalization of $17.4 billion, FNF has a market-leading position in residential purchase, refinance and commercial markets.  Market share growth, ...

Fidelity National Financial (NYSE: FNF ) is a provider of title insurance and settlement services to the mortgage industry, and a provider of annuity and life insurance through F&G which owns approximately 85% of. We believe we are at theBuildingBenjamins is a free stock picking and market commentary investment newsletter. Building Benjamins is the DBA (doing businesses as) publishing entity for Tradition Investment Management, LLC, a registered investment adviser. Benjamin Halliburton, our founder, also fo ...