Fidelity National Financial, Inc. FNF
- Market cap
- $11.0B
- P/E
- 14.6×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18.91 | 22.42 | 27.35 | 28.51 | 17.62 | 33.12 | 32.00 | 30.70 | 45.18 | 48.80 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 25.78 | 37.78 | 39.43 | 44.88 | 45.69 | 49.14 | 52.33 | 49.64 | 62.52 | 64.34 |
High Price
|
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| 55,219 | 24,367 | 23,436 | 25,063 | 27,058 | 28,000 | 21,759 | 1,200 | 23,533 | 24,535 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 10 | 1 | 1 |
Revenue/Emp
|
|||
| 7,257 | 7,663 | 7,594 | 8,469 | 10,778 | 15,655 | 11,565 | 11,752 | 13,681 | 14,445 |
Revenue
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|||
| 72.47% | 72.74% | 72.89% | 73.34% | 66.46% | 63.25% | 63.77% | 52.68% | 55.57% | 55.13% |
Gross Margin
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|||
| 955 | 864 | 750 | 1,369 | 1,784 | 3,558 | 1,730 | 693 | 1,742 | 1,397 |
EBT
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| 13.16% | 11.27% | 9.88% | 16.16% | 16.55% | 22.73% | 14.96% | 5.90% | 12.73% | 9.67% |
EBT Margin
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| 692 | 794 | 635 | 1,076 | 1,452 | 2,817 | 1,306 | 518 | 1,391 | 679 |
Net Income
|
|||
| 431 | 389 | 182 | 178 | 296 | 432 | 491 | 593 | 739 | 844 |
Depreciation
|
|||
| 20.64 | 21.99 | 26.82 | 29.92 | 36.60 | 52.97 | 40.55 | 43.53 | 50.48 | 53.30 |
Revenue/Sh
|
|||
| 2.31 | 2.35 | 2.22 | 3.75 | 4.84 | 8.20 | 3.98 | 1.84 | 4.52 | 2.22 |
Earnings/Sh
|
|||
| 3.31 | 2.12 | 3.33 | 3.96 | 5.36 | 13.84 | 15.27 | 23.99 | 25.15 | 21.51 |
Cash Flow/Sh
|
|||
| (0.81) | (0.42) | (0.22) | (0.32) | (0.37) | (0.44) | (0.48) | (0.49) | (0.54) | (0.54) |
Capex/Sh
|
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| 2.50 | 1.70 | 3.11 | 3.63 | 4.98 | 13.40 | 14.79 | 23.50 | 24.61 | 20.96 |
Free CF/Sh
|
|||
| 19.62 | 12.82 | 16.35 | 18.95 | 28.50 | 32.00 | 23.04 | 27.63 | 31.48 | 33.11 |
Book Value/Sh
|
|||
| 352 | 348 | 283 | 283 | 295 | 296 | 285 | 270 | 271 | 271 |
Shares
|
|||
| 9.89 | 15.16 | 13.14 | 11.24 | 7.61 | 5.10 | 8.09 | 25.82 | 12.00 | 25.68 |
PE Ratio
|
|||
| 1.10 | 1.62 | 1.09 | 1.41 | 0.99 | 0.91 | 0.90 | 1.10 | 1.07 | 1.02 |
PS Ratio
|
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| 1.16 | 2.78 | 1.78 | 2.22 | 1.27 | 1.51 | 1.58 | 1.73 | 1.72 | 1.65 |
PB Ratio
|
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| 1.09 | 1.58 | 1.03 | 1.34 | 0.99 | 0.83 | 0.98 | 1.19 | 1.13 | 1.15 |
EV/Sales
|
|||
| 9.03 | 20.40 | 8.89 | 11.05 | 7.23 | 3.29 | 2.69 | 2.21 | 2.33 | 2.91 |
EV/FCF
|
|||
| 1,162 | 737 | 943 | 1,121 | 1,578 | 4,090 | 4,355 | 6,478 | 6,815 | 5,828 |
Op' Cash Flow
|
|||
| (284) | (145) | (62) | (92) | (110) | (131) | (138) | (132) | (146) | (147) |
Capex
|
|||
| 878 | 592 | 881 | 1,029 | 1,468 | 3,959 | 4,217 | 6,346 | 6,669 | 5,681 |
FCF
|
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| (1,049) | (1,018) | (877) | (881) | (31,192) | (37,857) | (45,814) | (55,927) | (64,092) | (73,443) |
Working Cap'
|
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| 987 | 759 | 836 | 838 | 2,662 | 3,096 | 3,238 | 3,887 | 4,321 | 4,400 |
Total Debt
|
|||
| (62) | (351) | (421) | (538) | (57) | (1,264) | 952 | 1,120 | 842 | 1,764 |
Net Debt
|
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| 6,898 | 4,467 | 4,628 | 5,365 | 8,392 | 9,457 | 6,569 | 7,460 | 8,532 | 8,972 |
Sh' Equity
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| 4.57% | 6.51% | 6.81% | 10.63% | 4.67% | 5.03% | 2.06% | 0.71% | 1.44% | 0.59% |
ROA
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| 8.73% | 13.12% | 11.14% | 17.73% | 13.38% | 27.14% | 14.38% | 5.05% | 11.61% | 8.13% |
ROIC
|
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| 9.64% | 13.57% | 13.81% | 21.25% | 20.75% | 31.34% | 16.15% | 7.37% | 15.88% | 6.88% |
ROE
|
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Fidelity National Financial, Inc. peers in Insurance Specialty
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| RYAN Ryan Specialty Holdings Inc. | $9.4B | 49.2× | Compare |
| AXS Axis Capital Holdings Limited | $6.9B | 6.7× | Compare |
| FAF First American Financial Corporation | $6.7B | 9.2× | Compare |
| ACT Enact Holdings, Inc. | $6.5B | 9.8× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| MTG MGIC Investment Corporation | $5.9B | 8.9× | Compare |
| ESNT Essent Group Ltd. | $5.8B | 8.8× | Compare |
| RDN Radian Group Inc. | $4.4B | 8.4× | Compare |
| NMIH NMI Holdings Inc | $3.1B | 8.0× | Compare |
Fidelity National Financial, Inc. (FNF) key facts
- Fidelity National Financial, Inc. (FNF) is an Insurance Specialty company in the Financial sector, listed on the New York Stock Exchange.
- Fidelity National Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.4 billion, up 5.58% from fiscal 2024.
- As of September 25, 2026, FNF traded at $41.42, a market capitalization of $11.0 billion.
- Fidelity National Financial, Inc. pays an annual dividend of $1.80 per share, a yield of 3.60%, with a payout ratio of 131.6%.
- Return on equity was 6.88% and debt-to-equity 0.50.
Fidelity National Financial, Inc. (FNF) Latest News
2 Sep
First American's housing business faces pressure from high mortgage rates. High mortgage rates pressure housing and title operations in the sector where FNF competes.
13 Aug
Fidelity National Financial held its Q2 earnings call featuring analyst questions focused on operational results, market conditions, and strategic outlook. Earnings call questions reveal analyst priorities that can moderately shape near-term investor views on FNF performance.
8 Aug
FNF reported Q2 results and management highlighted financial performance, operational metrics, strategic priorities, and market outlook during the earnings call. Quarterly earnings updates typically influence near-term sentiment and valuation without fundamentally altering long-term trajectory.
6 Aug
Fidelity National Financial Inc posted record title margins in its Q2 2026 earnings call. Record title margins indicate strong profitability gains that can lift investor sentiment and share performance.
Fidelity National Financial, Inc. released its Q2 2026 earnings call summary, detailing quarterly financial results, operational metrics, and management commentary on business performance and outlook. Quarterly earnings updates deliver financial data that can shift short-term investor views but rarely drive major long-term strategic changes.
5 Aug
FNF shares could trade 18% below fair value following Q2 earnings. Q2 earnings point to potential 18% undervaluation that may shift investor views on FNF performance.
Fidelity National Financial’s Q2 CY2026 sales exceeded analyst estimates. Quarterly sales beat can lift short-term stock price and investor sentiment without altering long-term trajectory.
FNF reported second quarter 2026 financial results. Quarterly earnings releases supply financial data that can shift investor sentiment and near-term stock movement.
26 Jun
FNF stands out as one insurance stock worth attention while two peers face operational and market challenges. Positive mention of FNF can moderately lift investor sentiment and near-term share performance.
16 May
Fidelity National Financial reported Q1 results with analysts posing five primary questions on performance drivers, margins, and growth outlook during the earnings call. Analyst questions from the Q1 call highlight operational and strategic points likely to shape near-term investor sentiment and valuation.
11 May
Fidelity National Financial (FNF) terminates its quota share reinsurance agreement with F&G Annuities & Life, allowing F&G to reinsure its $14 billion fixed annuity block externally with Athene and others, reducing FNF's longevity risk exposure by $450 million in capital and refocusing on core title insurance. Exiting F&G reinsurance frees $450 million in capital and eliminates longevity risk, enabling FNF to concentrate on core title insurance and improving financial flexibility.
10 May
Fidelity National Financial (FNF) Q1 earnings call highlights key financial results, strategic updates, and forward guidance. Q1 earnings call highlights detail financial performance and outlook, significantly impacting investor sentiment and stock trajectory.
7 May
Fidelity National Financial, Inc. (FNF) released Q1 2026 earnings call summary highlighting financial performance, revenue, net income, and future outlook. Q1 earnings summaries disclose key financial metrics and guidance that significantly shape investor expectations and stock trajectory.
6 May
Fidelity National Financial (FNF) Q1 earnings and revenues missed analyst estimates. Q1 earnings and revenue shortfalls directly impact financial performance and investor sentiment with moderate but limited long-term effects.
Fidelity National Financial (NYSE:FNF) reported Q1 CY2026 sales below analyst expectations. Q1 CY2026 sales miss highlights revenue shortfalls, impacting financial performance and investor sentiment moderately.
Fidelity National Financial, Inc. (FNF) reported first quarter 2026 financial results. Quarterly earnings reports provide key insights into financial performance with moderate influence on stock price and investor sentiment.
29 Apr
Fidelity National Financial (FNF) reports earnings next week, with Wall Street expecting growth. Upcoming earnings report with expected growth may moderately influence FNF's financial performance and investor sentiment.
27 Apr
Fidelity National Financial (FNF) excels as a volatility harvester, thriving and generating strong returns amid market chaos through its resilient business model in title insurance and real estate services. Highlighting FNF's strength in volatile markets signals major positive shifts in investor sentiment and competitive positioning.
25 Apr
Fidelity National Financial (FNF) earnings story is shifting, signaling changes in financial narrative and performance outlook. Shifting earnings story moderately influences FNF's financial performance and market sentiment without fundamentally altering trajectory.
18 Apr
Fidelity National Financial (FNF) shares rose over 5% today after third-quarter earnings beat analyst expectations, reporting adjusted EPS of $1.55 versus $1.41 estimated and revenue of $2.95 billion topping $2.89 billion forecast, while raising full-year outlook amid strong title insurance demand. Earnings beat signals moderately positive financial performance but remains a routine quarterly update unlikely to fundamentally alter long-term trajectory.
5 Apr
Fidelity National Financial (FNF) valuation scrutinized amid AI analyst downgrade coinciding with new leadership transition and updated guidance. New leadership, fresh guidance, and AI downgrade represent major strategic and sentiment shifts poised to significantly impact FNF's trajectory and performance.
10 Mar
Fidelity National Financial distributes its stake in F&G to shareholders and shifts valuation strategy to refocus on core operations. Stake distribution and valuation shift represent major strategic restructuring to streamline operations and boost shareholder value.
Fidelity National Financial (FNF) investment narrative shifts as valuation debate widens, prompting reassessment of its market worth amid evolving analyst views. Widening valuation debate moderately influences investor sentiment and FNF's market performance without fundamentally altering core operations.
3 Mar
Fidelity National Financial (FNF) reported strong 2025 results while remaining undervalued. Strong 2025 results indicate robust financial performance that could significantly enhance investor sentiment and stock trajectory.
24 Feb
Fidelity National Financial achieved record title growth while facing margin compression and dividend payout strains. Record title growth provides upside but is counterbalanced by margin and dividend pressures, yielding moderate overall impact on financial trajectory.
23 Feb
Fidelity National Financial reported Q4 earnings call highlights, covering financial results, growth in title insurance premiums, strong mortgage guaranty performance, dividend increase, and optimistic 2024 outlook amid economic uncertainties. Q4 earnings beats, raised guidance, and dividend hike signal strong financial health and positive trajectory for future performance.
20 Feb
Fidelity National Financial Inc (FNF) reported strong revenue growth in Q4 2025 earnings call highlights. Strong revenue growth in Q4 2025 earnings directly enhances FNF's financial performance and investor sentiment.
Fidelity National Financial, Inc. (FNF) released its Q4 2025 earnings call summary, detailing financial results, performance highlights, and future outlook. Q4 earnings call summaries provide key financial metrics, guidance, and strategic insights that significantly impact FNF's stock trajectory and investor confidence.
19 Feb
Fidelity National Financial (FNF) Q4 earnings missed analyst estimates. Q4 earnings miss will noticeably affect financial performance and investor sentiment but is limited to short-term pressures.
Fidelity National Financial reported Q4 net earnings of $1.03 per share, down from $1.35 year-ago but beating $0.84 estimate; revenue fell 35% to $2.55 billion, missing $5.79 billion forecast amid real estate market weakness. Q4 earnings miss on revenue but EPS beat signals moderate financial pressure from real estate slowdown without altering long-term trajectory.