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:
Below please find a table outlining a discounted cash flow forecast for FNF, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Fidelity National Financial Inc ranked in the 77th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 397%. In terms of the factors that were most noteworthy in this DCF analysis for FNF, they are:
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 33.13% 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 88.44% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Financial Services), Fidelity National Financial Inc has a reliance on debt greater than only 24.39% of them.
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 ATAX, FAF, RNR, MMAC, and CUII.
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Fidelity National Financial, Inc. (NYSE: FNF), a leading provider of title insurance and transaction services to the real estate and mortgage industries, will release 2nd quarter 2020 earnings after the close of regular market trading on Tuesday, August 4, 2020. A conference call will follow at 12:00 p.m. Eastern Time on Wednesday, August 5, 2020. Those wishing to participate via the webcast should access the call through FNF's Investor Relations website at fnf.com. Those wishing to participate via the telephone may dial-in at 1-877-407-0784 (USA) or 1-201-689-8560 (International). The conference call replay will be available via webcast through FNF's Investor Relations website at fnf.com. The telephone replay will be available from 3:00 p.m. Eastern Time on August 5, 2020, thro...