Fidelity National Financial Inc (NYSE:FNF) shares, rose in value, with the stock price up by 0.18% to the previous day’s close as strong demand from buyers drove the stock to $51.31.
Actively observing the price movement in the recent trading, the stock is buoying the session at $51.22, falling within a range of $50.6052 and $52.02. The value of beta (5-year monthly) is 1.07 whereas the PE ratio is 12.68 over 12-month period. Referring to stock’s 52-week performance, its high was $66.72, and the low was $49.93. On the whole, FNF has fluctuated by -7.10% over the past month.
With the market capitalization of Fidelity National Financial Inc currently standing at about $14.09 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08. The company’s Forward Dividend Ratio is 1.98, with its dividend yield at 3.86%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 13.89B, with a low estimate of 3.63B and a high estimate of 3.65B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.64B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FNF’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.78, with the price of FNF currently trading nearly -7.38% and -9.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.18, while the 7-day volatility ratio is showing 3.29% which for the 30-day chart, stands at 2.09%. Furthermore, Fidelity National Financial Inc (FNF)’s beta value is 1.04.
A comparison of Fidelity National Financial Inc (FNF) with its peers suggests the former has fared considerably weaker in the market. FNF showed an intraday change of 0.18% in today’s session so far, and over the past year, it shrunk by -8.60%%.
Data on historical trading for Fidelity National Financial Inc (NYSE:FNF) indicates that the trading volumes over the past 10 days have averaged 2.6 and over the past 3 months, they’ve averaged 1.74 million. According to company’s latest data on outstanding shares, there are 275.00 million shares outstanding.
Nearly 5.58% of Fidelity National Financial Inc’s shares belong to company insiders and institutional investors own 80.53% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.96 million shares as on 2023-02-15, resulting in a short ratio of 3.37. According to the data, the short interest in Fidelity National Financial Inc (FNF) stood at 176.00 of shares outstanding as of 2023-02-15; the number of short shares registered in 2022-12-30 reached 4.12 million. The stock has risen by 6.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FNF stock heading into the next quarter.
