Fidelity National Financial, Inc. (NYSE:FNF) held its Q4 2024 Earnings Call on February 21, 2025, at 11:00 AM ET. The call featured company representatives including Lisa Parker, Mike Nolan, Tony Park, and Chris Blunt, along with participants from various financial institutions. The operator welcomed everyone to the call, focusing on the company's performance for the fourth quarter and the entire year of 2024.
On February 21, 2025, in Jacksonville, Florida, Fidelity National Financial, Inc. (NYSE: FNF) announced that its Board of Directors has approved a quarterly cash dividend of $0.50 for each share of common stock.
Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Does FNF Group (FNF) meet the criteria?
FNF Group (FNF) reported quarterly earnings of $1.34 per share, which is higher than the Zacks Consensus Estimate of $1.19 per share. This is an increase compared to earnings of $0.75 per share from the same period last year.
On February 20, 2025, Fidelity National Financial, Inc. (NYSE: FNF), a top provider of title insurance and transaction services for the real estate and mortgage sectors, announced its financial results for the fourth quarter and the entire year ending December 31, 2024. The company also offers insurance solutions for retail annuity and life customers through its majority-owned subsidiary, F&G Annuities & Life, Inc. (NYSE: FG).
Fidelity National Financial is still a good investment choice because of its strong market presence, smart diversification, and consistent dividend increases. The company is set for ongoing profits thanks to its investments in technology, AI improvements, and a strong financial position with a 3.4% dividend yield. FNF seems to be undervalued, with a forward price-to-earnings ratio lower than its past average, suggesting there is a lot of potential for growth from asset management and recovery in the commercial sector.
At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.
At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.
Even though FNF has increased its market share, has good profit margins, competitive strengths, and a strong history of technology innovation, it is still smart to be careful.
Fidelity National Financial is expected to gain from a recovery in the housing market by 2026, along with the ongoing trend of an aging population increasing F&G sales. Even with the current low market conditions, FNF continues to provide solid returns to shareholders, offering a 3.3% dividend and a recent 4% increase, demonstrating its strength. Additionally, FNF's title insurance division has a large market share and steady pre-tax margins, while F&G's stable revenue helps maintain overall financial health.