Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore 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 a variety of methods, including tried-and-true valuation metrics, to find these stocks.Luckily, Zack ...

JACKSONVILLE, Fla., May 8, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) today announced that its Board of Directors has declared a quarterly cash dividend of $0.48 per common share. The dividend will be payable June 28, 2024, to stockholders of record as of June 14, 2024. About Fidelity National Financial, Inc. Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries, and a leading provide ...

Financial Performance - Net earnings attributable to common shareholders for Q1 2024 were $248 million, or $0.91 per diluted share, compared to a net loss of $59 million, or $0.22 per share in Q1 2023[3]. - Adjusted net earnings for Q1 2024 were $206 million, or $0.76 per share, up from $151 million, or $0.56 per share in Q1 2023, reflecting a 36% increase in adjusted net earnings year-over-year[4]. - Total revenue for Q1 2024 was $3.3 billion, a 33% increase from $2.5 billion in Q1 2023, with the Title Segment contributing $1.7 billion, a 7% increase from $1.6 billion in Q1 2023[8]. - Total revenue for Q1 2024 was $3,299 million, an increase from $2,474 million in Q1 2023, representing a growth of 33.3%[28]. - Adjusted EPS attributable to common shareholders for Q1 2024 was $0.76, up from $0.56 in Q1 2023, reflecting a 35.7% increase[30]. - Total title and escrow revenue for Q1 2024 was $2,314 million, compared to $1,858 million in Q1 2023, marking a 24.5% increase[28]. - Interest and investment income rose to $710 million in Q1 2024, up from $611 million in Q1 2023, a growth of 16.2%[28]. - Total expenses for Q1 2024 were $2,968 million, compared to $2,548 million in Q1 2023, an increase of 16.5%[28]. - The company reported a pre-tax earnings of $331 million for Q1 2024, a significant improvement from a pre-tax loss of $74 million in Q1 2023[30]. - Adjusted net earnings attributable to common shareholders for Q1 2024 were $95 million, compared to $52 million in Q1 2023[44]. Segment Performance - The Title Segment's adjusted pre-tax margin was 10.7% for Q1 2024, compared to 10.0% in Q1 2023, indicating improved profitability despite market challenges[7]. - F&G Segment gross sales reached $3.5 billion in Q1 2024, a 6% increase from $3.3 billion in Q1 2023, driven by strong retail and institutional market sales[15]. - F&G's assets under management (AUM) hit a record $49.8 billion as of March 31, 2024, a 10% increase from $45.3 billion a year earlier[16]. - Total annuity sales for Q1 2024 were $2,764 million, a slight increase from $2,724 million in Q1 2023[46]. Market Conditions - Purchase orders opened increased by 5% daily, while refinance orders closed decreased by 4% compared to Q1 2023, reflecting mixed market conditions[13]. - The percentage of purchase orders from total opened orders was 79% in Q1 2024, consistent with Q1 2023[42]. Capital Management - The Company paid common dividends of $0.48 per share totaling $130 million, ending Q1 2024 with $618 million in cash and short-term liquid investments[7]. - The Company plans to maintain a balanced capital allocation strategy focused on growth through acquisitions while returning capital to shareholders[6]. Operational Metrics - Total opened orders for Q1 2024 reached 315,000, a 2.3% increase from Q4 2023's 308,000[40]. - Total closed orders in Q1 2024 were 186,000, a decrease of 3.1% compared to Q4 2023's 192,000[40]. - Total commercial revenue for Q1 2024 was $238 million, down 19.1% from $294 million in Q4 2023[40]. - Total staffing for field operations increased to 10,000 employees in Q1 2024, up from 9,900 in Q4 2023[40]. - The company reported actual title claims paid of $70 million in Q1 2024, an increase from $64 million in Q4 2023[40]. Product Development - F&G launched a new RILA product in Q1 2024, which is expected to contribute significantly to future sales growth[15]. Financial Position - Cash and investment portfolio increased to $60,895 million as of March 31, 2024, up from $58,816 million at the end of 2023[36]. - Total assets grew to $84,496 million as of March 31, 2024, compared to $80,614 million at the end of 2023, indicating a growth of 4.6%[36]. - The fee per file in Q1 2024 was $3,555, a decrease from $3,806 in Q4 2023[40]. - The total commercial fee per file in Q1 2024 was $9,800, down from $11,200 in Q4 2023[40].

Wall Street expects a year-over-year increase in earnings on higher revenues when FNF Group (FNF) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yie ...

JACKSONVILLE, Fla., April 23, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF" or the "Company") today announced the successful completion of the previously announced consent solicitations of the holders of each of its 4.500% Senior Notes due 2028 (the "2028 Notes"), 3.400% Senior Notes due 2030 (the "2030 Notes"), 2.450% Senior Notes due 2031 (the "2031 Notes") and 3.200% Senior Notes due 2051 (the "2051 Notes" and, collectively with the 2028 Notes, 2030 Notes and the 2031 Notes, t ...

JACKSONVILLE, Fla., April 16, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF" or the "Company") today announced the commencement of separate and distinct consent solicitations of the holders of each of its 4.500% Senior Notes due 2028 (the "2028 Notes"), 3.400% Senior Notes due 2030 (the "2030 Notes"), 2.450% Senior Notes due 2031 (the "2031 Notes") and 3.200% Senior Notes due 2051 (the "2051 Notes" and, collectively with the 2028 Notes, 2030 Notes and the 2031 Notes, the "Notes"; ...

VIRGINIA BEACH, Va., April 15, 2024 /PRNewswire/ -- LoanCare®, LLC, a top U.S. mortgage subservicer, announced today that Fitch Ratings has assigned the company the U.S. residential primary servicer for specialty Closed-End Second Lien products rating of RPS2+; Outlook Stable. In addition, Fitch affirmed LoanCare's U.S. residential primary servicer for Prime product and specialty subservicer ratings at RPS2+ in 2023, reflecting the company's strong focus on advancing processes and providing subservicing exc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FIDELITY NATIONAL FINANCIAL, INC. (Exact name of registrant as specified in its charter) Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-32630 Delaware 16-1725106 (State or other jurisdiction of incorporation or or ...

Fidelity National Financial, Inc. (NYSE:FNF) Q4 2023 Earnings Conference Call February 22, 2024 11:00 AM ET Company Participants Lisa Foxworthy-Parker - Senior Vice President, Investor and External Relations Mike Nolan - Chief Executive Officer Tony Park - Chief Financial Officer Chris Blunt - President & Chief Executive Officer of F&G Annuities & Life Wendy Young - Chief Financial Officer of F&G Conference Call Participants Bose George - KBW Mark DeVries - Deutsche Bank Soham Bhonsle - BTIG John Campbell ...