FNF - Fidelity National Financial: Dividend Growth Should Continue

2024-02-13 00:46:41 ET

Summary

• Fidelity National Financial is a financial company that offers various financial products and services, including title insurance and mortgage-related services.
• The company has strong market leadership in the title insurance market, with a nationwide market share of 31% and a market share of 40% in direct sales.
• While the company's title insurance business is expected to recover once interest rates drop and demand for mortgages rises, there are concerns about its reliance on struggling commercial real estate.
• The valuation is higher than its 5-year average, but a dividend yield of 3.75% and dividend growth history might make up for it.

Fidelity National Financial ( FNF ) is a financial company that offers a variety of financial products and services, including but not limited to title insurance, mortgage related services, real estate technology services, annuities and life insurance products. The company also owns a majority stake in F&G Annuities & Life ( FG ) which it spans off as a separate company recently....

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