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Market-leading position, higher direct premiums, agency premiums, strong origination demand and effective capital deployment poise Fidelity National (FNF) for growth.
Higher direct premiums, agency premiums, strong origination demand and effective capital deployment poise Fidelity National (FNF) for growth.
Fidelity National Financial's core business is title insurance and related services, which is suffering due to high mortgage rates and low real estate activity. Title insurance business appears at the bottom of its cycle and even a slight reduction in mortgage rates is expected to jumpstart it. FNF's subsidiary, F&G Annuities & Life, primarily offers fixed annuities and is likely to be spun off tax-free to FNF shareholders in 2025. It enjoys strong growth.
Here is how FNF Group (FNF) and CME Group (CME) have performed compared to their sector so far this year.
Fidelity National's (FNF) market-leading position Higher direct premiums, agency premiums, strong origination demand and effective capital poise it well for growth.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, FNF Group (FNF) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Fidelity National Financial (FNF) is rated Sell today, more bearish than the consensus from analysts and the quant system. Positives: dividend growth & stability / 4% dividend yield, financial health of company. Headwinds: overvalued vs sector, decline in YoY earnings, share price is +$10/share above the spring price dip and well above the moving average.
Fidelity National Financial (NYSE:FNF) traded higher after Citigroup Inc (NYSE:C) increased its stake in the insurance and financial services administrator. A filing, late on Friday, previously informed the market that Citi had increased its interest in the company to 23.2% earlier this year.
Fidelity National Financial is an insurance company with strong free cash generation and continuous expansion outside of title insurance. FNF has a significant stake in the title insurance market, utilizing a multi-brand strategy to increase scale and maintain higher margins. FNF has invested in technology platforms and operates F&G as a majority-owned subsidiary, with strong adoption and growth in assets under management.
Fidelity National (FNF) Q2 results reflect significant decline in Title volumes.