FNF - Fidelity National Financial, Inc.
| Previous Close | 43.37 |
| Open | 43.21 |
| Bid | 0.00 x 1200 |
| Ask | 45.00 x 900 |
| Day's Range | 42.94 - 43.58 |
| 52 Week Range | 29.50 - 45.40 |
| Volume | 1,784,207 |
| Avg. Volume | 1,191,646 |
| Market Cap | 11.945B |
| Beta (3Y Monthly) | 0.95 |
| PE Ratio (TTM) | 16.04 |
| EPS (TTM) | 2.71 |
| Earnings Date | Oct 22, 2019 - Oct 28, 2019 |
| Forward Dividend & Yield | 1.24 (2.85%) |
| Ex-Dividend Date | 2019-09-13 |
| 1y Target Est | 48.89 |
- GuruFocus.com
Fidelity National Financial Inc (FNF) COO Roger S Jewkes Sold $4.8 million of Shares
COO of Fidelity National Financial Inc (30-Year Financial, Insider Trades) Roger S Jewkes (insider trades) sold 108,363 shares of FNF on 09/12/2019 at an average price of $44.2 a share. Continue reading...
- American City Business Journals
Non-Deal of the Week: $1.2B deal to acquire Stewart Information Services called off
The proposed deal ran into regulatory opposition last week, when the Federal Trade Commission sued to block the transaction.
- GuruFocus.com
Fidelity National Financial Inc (FNF) EVP, Chief Legal Officer Peter T Sadowski Sold $2. ...
EVP, Chief Legal Officer of Fidelity National Financial Inc (30-Year Financial, Insider Trades) Peter T Sadowski (insider trades) sold 64,883 shares of FNF on 09/10/2019 at an average price of $43.86 a share. Continue reading...
- Zacks
Stewart Information & Fidelity National's Merger Falls Apart
Stewart Information's (STC) merger with Fidelity National gets cancelled, on failure to gain approval by the U.S. Federal Trade Commission.
- Zacks
Are You Looking for a High-Growth Dividend Stock? FNF Group (FNF) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does FNF Group (FNF) have what it takes? Let's find out.
- American City Business Journals
Houston title co.'s stock boosted after buyout canceled, but challenges remain
Analysts caution that Stewart Information Services Corp., the parent company of Stewart Title, has a way to go to prove to the market that it can remain a strong player in the title insurance sector.
- American City Business Journals
$1.2B acquisition of Houston-based real estate services co. canceled, new CEO named
The termination comes just days after the Federal Trade Commission filed a lawsuit to block the $1.2 billion deal, which would have combined two of the four largest title insurance underwriters in the U.S.
- MarketWatch
Fidelity National to terminate deal to buy Stewart Information Services, citing FTC concerns
Fidelity National Financial Inc. said Tuesday it has terminated the deal to buy Stewart Information Services Corp. , after the Federal Trade Commission moved the block the merger. Fidelity National said it will pay Stewart a break-up fee of $50 million. Shares of both Fidelity National and Stewart were still inactive in premarket trading. On Friday, Stewart's stock had tumbled 7.0% after the FTC issued an "administrative complaint" seeking to block the merger with title insurer Fidelity National, saying it believed the merger would substantially reduce competition. The merger was first announced in March, and was valued at the time at $1.2 billion. Stewart's stock has dropped 18.9% over the past three months and Fidelity National shares have rallied 13.1%, while the S&P 500 has gained 3.2%.
- PR Newswire
Fidelity National Financial, Inc. Announces Termination of Proposed Merger with Stewart Information Services Corporation
JACKSONVILLE, Fla., Sept. 10, 2019 /PRNewswire/ -- Fidelity National Financial, Inc. (FNF) today announced that FNF and Stewart Information Services Corporation ("Stewart") have agreed to terminate FNF's proposed merger with Stewart due to the Federal Trade Commission's issuance of an administrative complaint seeking to block the merger. Under the terms of the merger agreement, FNF will make a payment of $50 million to Stewart in connection with the termination of the proposed merger. Fidelity National Financial, Inc. is a leading provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. More information about FNF can be found at fnf.com.
- TheStreet.com
Fidelity National, Stewart Information Pull Plug on Merger After FTC Complaint
Fidelity National Financial says it will pay $50 million to Stewart Information Services to terminate their merger after the FTC sought to block the $1.2 billion purchase.
- Simply Wall St.
Fidelity National Financial, Inc. (NYSE:FNF) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
- PR Newswire
Fidelity National Financial, Inc. Announces FTC Administrative Complaint Challenging the Proposed Merger with Stewart Information Services Corporation
JACKSONVILLE, Fla. , Sept. 6, 2019 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) today announced that the Federal Trade Commission ("FTC") has issued an administrative complaint ...
- MarketWatch
Stewart Information Services' stock dives after FTC looks to block buyout by Fidelity National
Shares of Stewart Information Services Corp. took an afternoon dive Friday toward a 3 1/2-year low, after the Federal Trade Commission issued "an administrative complaint" seeking to block the company's acquisition by title insurance provider Fidelity National Financial Inc. . Stewart's stock was down about 4.9% in afternoon trading, but losses accelerated to 8.1% at current levels. The stock was on track to close at the lowest price since March 2016. Fidelity National's stock was up about 1% in afternoon trading, but has swung to a loss of 0.4%. The FTC said it believes the merger would "substantially reduce competition" in state markets for title insurance underwriting for large commercial deals, and in several local markets for title information services. In March 2018, Stewart said it agreed to be acquired by Fidelity National in a deal valued at the time at $1.2 billion. Based on stock closing prices at the time, the deal had valued Stewart's stock at a little over $50 each; at current prices, the same deal terms would value Stewart shares at nearly $54 each. Over the past year, Fidelity National shares have gained 11% and Stewart's stock has dropped 26%, while the S&P 500 has tacked on 3.6%.
- Reuters
UPDATE 2-U.S. sues to block merger of title insurance providers
The U.S. Federal Trade Commission said on Friday that it had filed an administrative complaint aimed at preventing title insurance provider Fidelity National Financial, Inc. from buying rival Stewart Information Services Corp. "Competitive title insurance and title information markets are essential to providing Americans affordable and high-quality title insurance products," said Bureau of Competition Director Bruce Hoffman in a statement.
- TheStreet.com
Fidelity National's Merger With Stewart Information Challenged by FTC
The Federal Trade Commission on Friday issued an administrative complaint seeking to block Fidelity National Financial's $1.2 billion purchase of Stewart Information Services on the grounds that it will limit competition in title insurance. The FTC identifies Fidelity and Stewart as "two of the four largest title insurance underwriters in the U.S." The top four title insurers account for more than 85% of all title insurance sales, according to the FTC. "Competitive title insurance and title information markets are essential to providing Americans affordable and high-quality title insurance products," said Bureau of Competition Director Bruce Hoffman.
- PR Newswire
Fidelity National Financial, Inc. to Present at Barclays 2019 Global Financial Services Conference
JACKSONVILLE, Fla., Sept. 5, 2019 /PRNewswire/ -- Fidelity National Financial, Inc. (FNF) today announced that it will present at the Barclays 2019 Global Financial Services Conference at 2 p.m. Eastern Time on Tuesday, September 10, 2019. A live webcast will be available on FNF's investor relations website at fnf.com. Fidelity National Financial, Inc. is a leading provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. More information about FNF can be found at fnf.com.
- Simply Wall St.
Fidelity National Financial (NYSE:FNF) Shareholders Have Enjoyed A 58% Share Price Gain
Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses...
- Zacks
Why FNF Group (FNF) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does FNF Group (FNF) have what it takes? Let's find out.
- Simply Wall St.
Do Institutions Own Shares In Fidelity National Financial, Inc. (NYSE:FNF)?
A look at the shareholders of Fidelity National Financial, Inc. (NYSE:FNF) can tell us which group is most powerful...
- GlobeNewswire
Cloudvirga Promotes Long-time Mortgage Technology Leader Dan Sogorka to CEO in Step to Accelerate Digital Mortgages
Cloudvirga, the leading provider of intelligent point-of-sale (POS) mortgage technology, today announced the promotion of Daniel Sogorka to Chief Executive Officer. Sogorka, who joined Cloudvirga as Chief Revenue Officer in January this year, has more than 20 years of experience removing inefficiency and costs from the mortgage industry. “In a short period of time, Dan Sogorka has had a profound impact on Cloudvirga’s growth, and he is without question the right person to take this company to the next level,” said Cloudvirga Co-founder Mark Attaway.
- Zacks
Should Value Investors Buy FNF Group (FNF) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Moody's
FNF Servicing, Inc. -- Moody's affirms LoanCare's SQ assessments
Moody's Investors Service (Moody's) has affirmed the servicer quality (SQ) assessments of LoanCare, LLC (LoanCare) at SQ2- as a Primary Servicer of Prime residential mortgage loans and SQ3+ as a Special Servicer of residential mortgage loans. Since our prior review, LoanCare opened two new operation centers in Arizona and Pennsylvania and upgraded their interactive voice response system.
- Zacks
First American Financial (FAF) Hits 52-Week High, Can the Run Continue?
First American Financial (FAF) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- Zacks
Why FNF Group (FNF) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does FNF Group (FNF) have what it takes? Let's find out.
