FNF Group of Fidelity National Financial, Inc. (FNF) Company Bio
Fidelity National Financial, Inc., together with its subsidiaries, provides title insurance, and technology and transaction services to the real estate and mortgage industries in the United States. The company was founded in 1847 and is based in Jacksonville, Florida.
FNF Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Fidelity National Financial Inc. To summarize, we found that Fidelity National Financial Inc ranked in the 86th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for FNF, they are:
The compound growth rate in the free cash flow of Fidelity National Financial Inc over the past 5.75 years is 0.54%; that's higher than 86.05% of free cash flow generating stocks in the Financial Services sector.
FNF's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 37.01% of tickers in our DCF set.
Fidelity National Financial Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 22.49. This coverage rate is greater than that of 87.63% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as FNF, try GAIN, TREE, AFG, TCRD, and CNFR.
Fidelity National Financial (FNF) calculates the final proration factor of 0.667723490 for FGL Holdings shareholders who chose to be paid in cash for their shares.As a result, shares held by cash-electing shareholders will be exchanged for $1.47M in cash and almost 15M FNF shares.FGL shareholders who didn't make a valid election and...
Fidelity National Financial, Inc. ("FNF") (NYSE: FNF) and F&G;, a leading provider of fixed indexed annuities and life insurance, announced today that the companies will host an F&G; Investment Portfolio Update via webcast for institutional investors and analysts on Tuesday, June 16, 2020 from 3:00 p.m. to 5:00 p.m. ET.
Fidelity National Financial, Inc. ("FNF") (NYSE: FNF) today announced the final results of the elections made by former shareholders of FGL Holdings ("F&G;") regarding the form of merger consideration they wished to receive in connection with FNF's acquisition of F&G; pursuant to that certain merger agreement by and among FNF, F&G;, F I Corp. and F II Corp. (the "merger agreement"), which closed on June 1, 2020.
Fidelity National Financial (FNF) completes the acquisition of FGL Holdings by FNF on June 1, 2020.FNF issued ~27M shares of FNF common stock and paid ~$1.8B in cash to former holders of FGL ordinary and preferred shares....
JACKSONVILLE, Fla., June 1, 2020 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF") and FGL Holdings ("F&G"), today announced the completed acquisition of FGL Holdings by FNF on June 1, 2020. Under the terms of the definitive agreement, FNF issued approximately 27…