FNF · NYSE · Insurance - Specialty

Fidelity National Financial (FNF)

Combines U.S. title insurance and closing services with F&G annuities and life insurance.

$42.52
vs last close+0.05 (+0.13%)
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Fidelity National Financial, Inc.FNF
Financial sector

Underwrites title insurance and provides escrow, closing and mortgage-transaction services, mainly in the United States. Majority-owned F&G adds annuities and life insurance, pairing a transaction-driven title franchise with a separately traded, regulated insurance platform.

Underwrites title insurance and provides escrow, closing, mortgage-transaction and related real-estate services through a family of established title brands. Title operations are concentrated in the United States and organized around local responsibility within a centralized underwriting group.

Adds annuities and life insurance through majority-owned, separately traded F&G, including retail retirement products, funding agreements and pension-risk-transfer solutions. The portfolio combines transaction-driven title earnings with a regulated insurance platform that uses different products, capital requirements and distribution channels.

Title order volumes depend on home purchases, refinancing and commercial real-estate activity. Both operating businesses face insurance regulation, while title and escrow workflows depend on information systems that have previously been disrupted by a cyber incident.

Company facts

CEOMichael J. Nolan
ListedNov 10, 2006
ExchangeNYSE
HeadquartersJacksonville, FL
CountryUnited States
Employees18,800
CIK0001331875
ISINUS31620R3030

Market cap$11.43B
EPS (ttm)$2.88
P/E (ttm)14.74
ROE10.1%
P/B1.53
P/S0.7479
Dividend yieldDiv yield4.90%
Beta0.36vs XLF 0.86

Price target$56.00+31.9%Average of 17 analysts
ConsensusBuy14 of 17 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 7, 2026National BankTarget
Target: $51
Target: $54
Jul 7, 2026National BankTarget
Target: $50
Target: $51
May 12, 2026StephensTarget
Target: $60
Target: $58
May 11, 2026National BankTarget
Target: $67
Target: $50
Apr 10, 2026National BankTarget
Target: $71
Target: $67

Next report
Nov 5, 26
in 44 days
EPS estimate
$1.39
Revenue estimate
$3.87B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$1.34$0.78$1.16$1.57$1.41$0.93$1.39Pending
Estimate$1.23$1.10$1.37$1.42$1.51$1.09$1.31$1.39
Surprise+8.9%−29.1%−15.3%+10.6%−6.6%−14.7%+6.1%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$3.53B$718.0M$3.64B$3.94B$4.05B$3.23B$4.05BPending
Estimate$3.33B$3.32B$3.54B$3.57B$3.66B$3.61B$3.79B$3.87B
Surprise+6.0%−78.4%+2.7%+10.4%+10.7%−10.7%+6.9%
Estimate$1.39
ReportedDue Nov 5, 2026
Estimate$3.87B
ReportedDue Nov 5, 2026
View details

Debt to equity63.60%
Current ratio189,080.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.52B$3.53B$2.67B$3.58B$3.94B$4.07B$3.22B$4.05B
Net income$266.0M$450.0M$83.0M$278.0M$358.0M−$117.0M$243.0M$288.0M
Net margin7.6%12.8%3.1%7.8%9.1%0.0%7.5%7.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$313.0M$640.0M$111.0M$382.0M$453.0M$450.0M$496.0M$594.0M
YoY growth−48.1%Turned profit−66.6%−16.8%+44.7%−29.7%+346.8%+55.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $57.86B · Total debt $4.74B · Total assets $114.53B · Shareholders' equity $7.45B

Revenue
$4.05B
Operating income
$594.0M
Net income
$288.0M
View details

Dividend yield
4.90%
Next ex-date
Dec 16, 26
estimated · in 85 days
Annual dividend
$2.08
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.50$0.50$0.482$0.482$0.52$0.52$0.52$0.52
Annual yield3.33%3.02%3.58%3.36%3.55%4.12%4.28%4.83%
Ex-dateDec 17Mar 17Jun 16Sep 16Dec 17Mar 17Jun 16Sep 16
Payment dateDec 31Mar 31Jun 30Sep 30Dec 31Mar 31Jun 30Sep 30
View details

Institutions86.21%232.03M shares
719 holders · as of Jun 30, 2026
Insiders3.19%8.58M shares
15 holders · as of Jun 29, 2026
Other10.60%28.55M shares
remainder

269.16M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
13.95%37.54Mas of Jun 30, 2026
Windacre Partnership LLCInstitution
7.77%20.90Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
4.51%12.14Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.28%11.51Mas of Jun 30, 2026
State Street CorpInstitution
3.63%9.78Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 26, 2026Peter T. Sadowskiofficer: EVP, Chief Legal Officer−69,196$45.70
Jun 24, 2026Halim Dhanidinadirector−9,543$418.25
Apr 8, 2026Peter T. Sadowskiofficer: EVP, Chief Legal Officer−473$47.67
Jan 5, 2026Halim Dhanidinadirector−6,000$55.90
Nov 17, 2025Daniel D. Lanedirector−6,367$57.63
View details

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