FNF Stock Intrinsic Value – TD Asset Management Inc Increases Investment in Fidelity National Financial,
December 4, 2023
☀️Trending News
TD Asset Management Inc has recently increased its investment in Fidelity National Financial ($NYSE:FNF), Inc. (FNF), a leading provider of title insurance, mortgage services, and diversified financial services. The company’s businesses are organized into four segments: Title, Black Knight, FNF Ventures, and Corporate. Through its Title segment, FNF provides title insurance, escrow, and closing services. Black Knight, its leading technology and data solutions business, provides technology related to the mortgage and real estate industries. Its FNF Ventures segment includes several business entities in the insurance, home warranty, and restaurant industries.
The Corporate segment includes debt financing activities and other corporate activities. FNF stock is traded on the New York Stock Exchange under the ticker symbol “FNF”. With TD Asset Management Inc increasing its investment in FNF, the company is well positioned to continue to provide quality services to its customers.
Stock Price
The stock opened at $44.7 and closed at the same price, representing a 0.5% decline from its previous closing price of 44.9. Despite the slight decrease, TD Asset Management Inc’s decision to increase investment signals confidence in FNF’s future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FNF. More…
| Total Revenues | Net Income | Net Margin |
| 10.7k | 423 | 4.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FNF. More…
| Operations | Investing | Financing |
| 5.59k | -8.39k | 3.54k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FNF. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 74k | 67.42k | 22.63 |
Key Ratios Snapshot
Some of the financial key ratios for FNF are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.5% | – | 7.1% |
| FCF Margin | ROE | ROA |
| 51.0% | 7.7% | 0.6% |
Analysis – FNF Stock Intrinsic Value
At GoodWhale, we have performed an in-depth analysis of the fundamentals of FIDELITY NATIONAL FINANCIAL. Our proprietary Valuation Line enabled us to determine the intrinsic value of FIDELITY NATIONAL FINANCIAL’s stock, which we estimate to be around $43.9. Currently, FIDELITY NATIONAL FINANCIAL’s stock is still trading at $44.7, making it a fair price that is slightly overvalued by 1.8%. We believe that this slight overvaluation is due to its recent financial performance. More…
Peers
The competition among Fidelity National Financial Inc and its competitors is fierce. Each company is looking to gain market share and increase profits. They are all fighting for the same customers and trying to outdo each other in terms of product offerings, customer service, and price.
– First Acceptance Corp ($OTCPK:FACO)
First Acceptance Corporation is a provider of personal and commercial insurance products, including auto, homeowner’s, life, health, and commercial insurance. The company was founded in 1926 and is headquartered in Nashville, Tennessee. As of 2022, First Acceptance Corporation had a market capitalization of 51.52 million and a return on equity of -12.16%. The company’s primary business is providing insurance products to high-risk drivers, including those with poor driving records, limited experience, or poor credit histories.
– First American Financial Corp ($NYSE:FAF)
First American Financial Corp is a provider of title insurance, settlement services and risk solutions for real estate transactions in the United States. The company has a market cap of 4.63B as of 2022 and a return on equity of 15.64%. The company’s products and services include title insurance, title searches, escrow and closing services, and home warranty products. First American Financial Corp also offers risk management solutions for lenders and investors in the real estate market.
– Tiptree Inc ($NASDAQ:TIPT)
Tiptree Inc. is a holding company that focuses on acquiring and managing life insurance companies. The company was founded in 2006 and is headquartered in New York, New York. As of 2022, Tiptree had a market capitalization of 429.89 million and a return on equity of 9.05%. The company’s primary subsidiaries are Tiptree Financial Partners, L.P. and Tiptree Insurance Holding Company, LLC. Tiptree Financial Partners is a diversified holding company that invests in businesses across a variety of industries, including insurance, real estate, and hospitality. Tiptree Insurance Holding Company is a holding company for life insurance companies.
Summary
TD Asset Management Inc recently increased its stake in Fidelity National Financial, Inc. (FNF). FNF is a leading provider of title insurance, mortgage services, and diversified services. Their services are used in residential and commercial real estate related transactions. Investment analysis into FNF reveals that the company has a strong balance sheet, a solid dividend yield, and a diverse revenue base that is supported by its leadership in the title insurance industry and its expanding portfolio of mortgage-related services.
The company’s stock has risen steadily over the past several years, with strong earnings growth and increasing cash flows. Going forward, analysts expect FNF to continue to benefit from strong demand for its services and expand its market share in the title insurance industry. Investors may also want to consider FNF’s recent acquisitions which have strengthened the company’s competitive position and improved its financial position.
