Chart of the Day: Fidelity National Financial (FNF)
About Fidelity National Financial Inc.
Fidelity National Financial Inc. (FNF) is engaged in providing title insurance and transaction services to real estate and mortgage industries. Its services include title insurance, escrow, and other title-related services, including trust activities, trustee sales guarantees, recordings, and…
reconveyances and home warranty products, and technology and transaction services to the real estate and mortgage industries.
The company has two business groups, FNF Core Operations, and FNF Ventures. The Core operations group provides escrow, insurance, and other titles related to service. FNF Ventures investors in other companies. Title insurance premiums make up almost half of FNF’s total revenue. The company is one of the largest title insurance providers in the nation.
In Q4 2019, the company reported $2.4 billion in revenue, up from $1.7 billion in the previous year
FNF has strong financials. In Q4 2019, the company reported $2.4 billion in revenue, which was up from $1.7 billion in the previous year. The company beat earnings estimates with adjusted earnings per share of $0.95. This was up from $0.63 in the fourth quarter of 2018.
FNF recently diversified into the retirement business. It acquired FGL Holdings on February 7th. This should help the company in periods of economic distress that are challenging to title insurance.
Take a look at the 1-year chart of Fidelity National Financial Inc. below with the added notations…
See chart and continue reading at STOCKNEWS.com
(Want free training resources? Check our our training section for videos and tips!)
Christian Tharp, CMT
Our Experts Found 9 Stocks You Will Hold Forever
With individual stock selection now more critical than ever, this report is designed to bring you some of our top ideas for the year ahead. One of the companies highlighted in this report controls the smartphone market and now has its sights set on owning a bigger technology. It has the potential to be the most valuable stock in the history of investing. You need to find out the name of this company before the rest of the market does. This Report Is Completely Free, Download Your Copy Today