Company Overview - Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services in the real estate and mortgage industries [2] - The company is also a major provider of insurance solutions for retail annuity and life customers, as well as institutional clients through its subsidiary F&G Annuities & Life, Inc. (NYSE: FG) [2] - FNF is recognized as the largest title insurance company in the United States, with its title insurance underwriters collectively issuing more title insurance policies than any other company in the country [2] Upcoming Events - Mike Nolan, CEO, and Tony Park, CFO of Fidelity National Financial, will participate in a fireside chat at the Stephens Annual Investment Conference on November 19, 2024, at approximately 9:00 am Eastern Time [1] - The event will be available for live streaming and replay via audio webcast on the company's investor relations website [1]

Fidelity National Financial, Inc.’s (FNF) board of directors approved a 4% hike in cash dividend to 50 cents. Shareholders, as of the close of business on Dec. 17, 2024, will receive the quarterly dividend on Dec. 31, 2024.FNF’s distribution of wealth to shareholders via dividend hikes is impressive. Fidelity National has increased dividends at a 10-year CAGR of 9.7%. The dividend yield is 3.2%, better than the industry average of 0.3%.Fidelity National enjoys a scale advantage, given its market-leading pos ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-32630 | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------|--------------------------- ...

FNF Group (FNF) came out with quarterly earnings of $1.30 per share, missing the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.80%. A quarter ago, it was expected that this provider of title insurance and mortgage services would post earnings of $1.27 per share when it actually produced earnings of $1.24, delivering a surprise of -2.36%.Over t ...

PRESS RELEASE FNF Reports Third Quarter 2024 Financial Results Jacksonville, Fla. – (November 6, 2024) - Fidelity National Financial, Inc. (NYSE:FNF) ("FNF" or the "Company"), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & Life, Inc. (NYSE:FG) ("F&G"), today reported ...

JACKSONVILLE, Fla., Oct. 23, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF"), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & Life, Inc. (NYSE:FG) ("F&G"), will release third quarter 2024 earnings after the close of regular market trading on ...

VIRGINIA BEACH, Va., Oct. 21, 2024 /PRNewswire/ -- LoanCare®, a leading national mortgage subservicer, announced today the launch of Digital Recapture. The new suite of tools connects homeowners with lending products that help inform them about potential home equity or lower interest rates, while keeping their lending partner top of mind.LoanCare's Digital Recapture provides lenders with a streamlined process to engage homeowners who are looking for affordable homeownership and financial flexibility through ...

Acquisition Expands National Commercial Services Portfolio of Companies JACKSONVILLE, Fla., Oct. 2, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE:FNF) ("FNF" or the "Company"), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & Life, Inc., today announced t ...

Shares of Fidelity National Financial (FNF) closed at $60.52 on Wednesday, near its 52-week high of $62.00. Market share growth, solid margin, competitive advantages, strong track record of technology innovation and wealth distribution are driving this title insurer. Shares of FNF have gained 23.2% in the past three months, outperforming the industry's growth of 11.7%, the Finance sector's increase of 2.1% and the Zacks S&P 500 composite's increase of 4%. FNF shares are trading well above the 50-day moving ...

Company Performance - Shares of Fidelity National Financial (FNF) have gained 14.5% year to date, underperforming the industry's increase of 28.1% and the S&P 500 composite's increase of 18% [1] - The bottom line of FNF has continually dropped from 2021 to 2023, declining 77.4%, while revenues declined 24.9% during the same period [1] - Earnings per share (EPS) missed the consensus estimate in the last two reported quarters of 2024 [1] Market Conditions - FNF's transaction volumes were affected as U.S. home sales suffered due to higher mortgage rates, with refinance orders declining 1% year over year in Q2 2024 [2] - The average rate on the 30-year fixed-rate mortgage dropped to 6.47% as of August 8 from 6.73% a week prior, indicating a positive development for the housing market [2] - An interest rate cut is likely in the September FOMC, with each 25-basis point decrease expected to result in an approximate $15 million annualized decline in FNF's interest and investment income [3] Financial Metrics - Notes payable increased 7.4% as of June 30, 2024, with leverage deteriorating to 52.3, which is 182 basis points worse than the previous period [4] - FNF's return on equity in the trailing 12 months was 9.5%, better than the industry average of 6.2%, reflecting efficiency in utilizing shareholders' funds [10] Growth Projections - The Zacks Consensus Estimate for FNF's 2024 earnings is pegged at $4.58, indicating a 29% increase from the year-ago figure on 9.9% higher revenues of $12.9 billion [11] - The consensus estimate for 2025 earnings is pegged at $5.63, indicating a 23.1% increase year over year on 9.2% higher revenues of $14.1 billion [11] Dividend History - FNF has increased dividends at a 10-year CAGR of 9.7%, with a dividend yield of 3.3%, better than the industry average of 0.3% [12] Strategic Positioning - Fidelity National has a market-leading position in residential purchase, refinance, and commercial markets, providing a scale advantage [6] - The strategic acquisition of F&G Annuities & Life helps shield FNF from volatility in the core title insurance business [6] - FNF is investing in technology to enhance its market-leading position amid accelerated digitalization in the industry [7] Conclusion - FNF is positioned for growth due to its market-leading position, higher direct premiums, strong origination demand, and effective capital deployment [13]