Zacks Investment Research·5 days ago
Is the Options Market Predicting a Spike in Fidelity National Financial Stock?Investors need to pay close attention to FNF stock based on the movements in the options market lately.
Fidelity National Financial, Inc.(FNF)Earnings, Financials & Key Ratios
FNF•NYSE•Insurance & Managed Care
$48.71
22.0× P/E·Price updated Jul 6, 2026
AboutFidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty insurance. The company also provides technology and transaction services to the real estate and mortgage industries; and mortgage transaction services, including title-related services and facilitation of production and management of mortgage loans. In addition, it offers annuity and life insurance products, such as deferred annuities that include fixed indexed, fixed rate, and immediate annuities, as well as indexed universal life insurance products. Further, the company engages in the real estate brokerage business. Fidelity National Financial, Inc. was founded in 1847 and is headquartered in Jacksonville, Florida.Show more
- Revenue$14.51B+8.6%
- Combined Ratio90.13%+3.6%
- Net Income$602M-52.6%
- Return on Equity6.88%-56.7%
- Medical Cost Ratio1.81%-96.2%
- Operating Margin9.87%-24.3%
- Net Margin4.15%-56.4%
- ROA0.59%-59.2%
- Equity / Assets8.23%-8.0%
FNF Price & Volume
Fidelity National Financial, Inc. (FNF) stock price & volume — 10-year historical chart
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Cyclical Recovery Masks Underlying Reserve Provisioning Volatility
Investment Thesis • Updated 2026Q1
VerdictNeutral: While the forward P/E of 8.83 suggests potential value
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Robust
Primary Risk:Cyclical housing market exposure
Key Thesis Takeaways
- Fidelity National Financial has demonstrated a robust operational recovery from its 2023Q4 net loss of $69 million, leveraging its diversified title and annuity business to drive revenue growth of 20.6% by 2026Q1.
- While the firm maintains a resilient equity base of $8.7 billion, investors should monitor the extreme variance in loss ratios, which plummeted from 67.3% in 2023Q4 to 1.9% in 2026Q1, as this may indicate significant management discretion in reserve provisioning.
- The company's ability to sustain a 4.3% dividend yield while navigating housing market sensitivity remains a key pillar of the investment case, though long-tail liability risks warrant continued caution.
Verdict Logic
the extreme volatility in loss ratios and sensitivity to housing cycles warrant a cautious approach until reserve provisioning stabilizes.
FNF Growth Metrics
Fidelity National Financial, Inc. (FNF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years8.09%
5 Years6.27%
3 Years8.19%
TTM15.84%
Profit CAGR
10 Years1.34%
5 Years-15.85%
3 Years-22.51%
TTM-31.04%
EPS CAGR
10 Years3.88%
5 Years-15.03%
3 Years-22.07%
TTM-30.2%
Return on Capital
10 Years5.13%
5 Years2.96%
3 Years1.56%
Last Year1.76%
FNF Recent Earnings
Fidelity National Financial, Inc. (FNF) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.93-14.7%
$1.09
Rev
$3.2B-10.7%
$3.6B
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$1.41-6.6%
$1.51
Rev
$4.1B+10.7%
$3.7B
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$1.57+10.6%
$1.42
Rev
$3.9B+10.4%
$3.6B
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$1.16-15.3%
$1.37
Rev
$3.6B+2.7%
$3.5B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.93vs $1.09-14.7% | $3.2Bvs $3.6B-10.7% |
| Q1 2026 | Feb 19, 2026 | $1.41vs $1.51-6.6% | $4.1Bvs $3.7B+10.7% |
| Q4 2025 | Nov 6, 2025 | $1.57vs $1.42+10.6% | $3.9Bvs $3.6B+10.4% |
| Q3 2025 | Aug 6, 2025 | $1.16vs $1.37-15.3% | $3.6Bvs $3.5B+2.7% |
Based on last 12 quarters of dataView full earnings history →
Latest FNF News
Recent stock market news and headlines for Fidelity National Financial, Inc. (FNF)
Seeking Alpha·Jun 18, 2026
Banging The Drum For Fidelity National FinancialFidelity National Financial operates the largest U.S. title insurance platform. A growing annuities, life insurance, and retirement segment compliments and diversifies the earnings stream. Even modest improvement in the housing market is likely to bolster the FNF bottom line. The business model features strong cash generation, a sound balance sheet, and solid margins; thereby supporting the current 4.3% dividend and meaningful share buybacks.
Peers Comparison
Key metrics vs top competitors for Fidelity National Financial, Inc. (FNF)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $48.71 | $13.11B | 22.04 | 8.61% | 4.15% | 6.88% | 4.12% | |
| $70.09 | $7.17B | 11.68 | 21.64% | 11.19% | 12.54% | — | |
| $67.58 | $2.06B | 16.73 | 17.32% | 4.19% | 8.32% | — | |
| $281.46 | $531.39M | 15.16 | 5.6% | 13.59% | 14.03% | — | |
| $38.19 | $5.2B | 9.22 | -3.36% | 40.28% | 12.01% | — | |
| $64.53 | $5.95B | 9.35 | -0.49% | 53.34% | 12.01% | — |
Compare FNF vs Peers
Fidelity National Financial, Inc. (FNF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FNF SEC Filings & Documents
Fidelity National Financial, Inc. (FNF) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Feb 19, 2026·SEC
Material company update
Dec 18, 2025·SEC
10-K Annual Reports
310-Q Quarterly Reports
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FNF Frequently Asked Questions
Fidelity National Financial, Inc. (FNF) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Fidelity National Financial, Inc. growing?
Fidelity National Financial, Inc. (FNF) grew revenue by 8.6% over the past year. This is steady growth.
Is FNF profitable?
Yes, Fidelity National Financial, Inc. (FNF) is profitable, generating $762.0M in net income for fiscal year 2025 (4.2% net margin).
Dividend & Returns
Does FNF pay dividends?
Yes, Fidelity National Financial, Inc. (FNF) pays a dividend with a yield of 4.12%. This makes it attractive for income-focused investors.
What is FNF's return on equity?
Fidelity National Financial, Inc. (FNF) has a return on equity (ROE) of 6.9%. This is below average, suggesting room for improvement.
Industry Metrics
What is Fidelity National Financial, Inc.'s combined ratio?
Fidelity National Financial, Inc. (FNF) has a combined ratio of 90.1%. A ratio below 100% indicates underwriting profitability.