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Fidelity National Financial (FNF): The Perfect Mix of Value and Rising Earnings Estimates?

Zacks Equity Research

Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Fidelity National Financial, Inc. (FNF).

Fidelity National Financial in Focus

FNF may be an interesting play thanks to its forward PE of 16.2, its P/S ratio of 0.9, and its decent dividend yield of 2.22%. These factors suggest that Fidelity National Financial is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that FNF has decent revenue metrics to back up its earnings.

But before you think that Fidelity National Financial is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current quarter earnings, the consensus estimate trend has gone up by 5.9% in the past 30 days, though there were no upward estimate revisions.

This estimate strength is actually enough to push FNF to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. So really, Fidelity National Financial is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

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