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Fidelity National Financial Announces Quarterly Cash Dividend of $0.48
Prnewswire· 2024-05-09 04:56
JACKSONVILLE, Fla., May 8, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) today announced that its Board of Directors has declared a quarterly cash dividend of $0.48 per common share. The dividend will be payable June 28, 2024, to stockholders of record as of June 14, 2024. About Fidelity National Financial, Inc. Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries, and a leading provide ...
Fidelity National Financial(FNF) - 2024 Q1 - Quarterly Results
2024-05-09 04:19
FNF 公司财报要点 - FNF 第一季度净利润为2.48亿美元,每股收益为0.91美元,较去年同期净亏损5.9亿美元,每股亏损0.22美元[2] - FNF 第一季度调整后净利润为2.06亿美元,每股收益为0.76美元,较去年同期的1.51亿美元,每股收益0.56美元有所增长[3] - FNF 第一季度总收入为32.99亿美元,较去年同期的24.74亿美元有所增长[5] - FNF 第一季度结束时持有现金及短期流动投资6.18亿美元[4] - FNF 首席执行官表示,公司将继续谨慎管理业务,以适应当前环境并为未来做好准备[7] F&G 部门财报要点 - Title 部门第一季度总收入为17亿美元,较去年同期增长7%;F&G 部门第一季度总收入为35亿美元,较去年同期增长6%[4] - Title 部门调整前税前利润率为13.1%,调整后税前利润率为10.7%,较去年同期分别为10.1%和10.0%[7] - F&G 部门第一季度净利润为9800万美元,较去年同期的净亏损1.64亿美元有所改善[10] - F&G 部门调整后净利润为9500万美元,较去年同期的5200万美元有所增长[10] - F&G 部门资产管理规模为497.87亿美元,较去年同期453.11亿美元有所增长[5] FNF-E 公司财报要点 - FNF-E公司的直接标题保费为440百万美元,代理标题保费为593百万美元,总标题和托管费为2,314百万美元[21] - FNF-E公司2024年第一季度净利润归属于普通股股东为248百万美元,调整后的净利润为206百万美元[22] - FNF-E公司2024年第一季度现金和投资组合为60,895百万美元,总资产为84,496百万美元[25] - FNF-E公司2024年第一季度调整后的净利润归属于普通股股东为95百万美元[28] 其他财务要点 - 第一季度2023年调整后净收益为5,200万美元,其中来自另类投资的投资收益为8,300万美元[30] - 总年金销售为27.64亿美元,较去年同期增长[30] - 调整后净收益是公司用来评估每个期间的财务表现的非GAAP经济指标[32] - 资产管理规模(AUM)是公司认为对内部和投资者和分析师有用的非GAAP财务指标[33] - AUM在流量再保险之前包括与AUM一致的组成部分,但也包括流量再保险资产[35] - 平均资产管理规模(AAUM)是根据期间开始和结束时的AUM计算的[37] - 销售不是从任何特定的GAAP财务报表账户或行项目中派生的[39] - 管理认为销售的呈现增强了对业务的理解,并有助于描绘长期趋势[39]
FNF Group (FNF) to Report Q1 Results: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-24 23:08
FNF集团盈利预期 - FNF集团将在2024年3月结束的季度公布财报,预计盈利将同比增长,市场普遍认为这一共识展望对于评估公司的盈利情况至关重要[1] - 分析师们对FNF集团的季度盈利预期进行了修订,预计每股盈利为0.86美元,同比增长65.4%,营收预计为27.3亿美元,同比增长10.3%[4] - 分析师们最近对FNF集团的盈利前景变得悲观,最准确的预估值低于Zacks共识预估值,导致盈利预期偏差为-2.12%,但股票目前持有Zacks排名第2[12] - FNF集团在过去四个季度中只有一次击败共识盈利预期,上一季度预计每股盈利1.02美元,实际盈利0.75美元,出现-26.47%的惊喜[15]
FNF Group (FNF) is a Top Dividend Stock Right Now: Should You Buy?
Zacks Investment Research· 2024-04-24 00:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yi ...
Fidelity National Financial, Inc. Announces Successful Completion of Consent Solicitation
Prnewswire· 2024-04-23 18:25
JACKSONVILLE, Fla., April 23, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF" or the "Company") today announced the successful completion of the previously announced consent solicitations of the holders of each of its 4.500% Senior Notes due 2028 (the "2028 Notes"), 3.400% Senior Notes due 2030 (the "2030 Notes"), 2.450% Senior Notes due 2031 (the "2031 Notes") and 3.200% Senior Notes due 2051 (the "2051 Notes" and, collectively with the 2028 Notes, 2030 Notes and the 2031 Notes, t ...
Fidelity National Financial, Inc. Announces Commencement of Consent Solicitation
Prnewswire· 2024-04-16 18:25
JACKSONVILLE, Fla., April 16, 2024 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) ("FNF" or the "Company") today announced the commencement of separate and distinct consent solicitations of the holders of each of its 4.500% Senior Notes due 2028 (the "2028 Notes"), 3.400% Senior Notes due 2030 (the "2030 Notes"), 2.450% Senior Notes due 2031 (the "2031 Notes") and 3.200% Senior Notes due 2051 (the "2051 Notes" and, collectively with the 2028 Notes, 2030 Notes and the 2031 Notes, the "Notes"; ...
LoanCare® Receives Fitch Rating for Closed-End Second Lien Products
Prnewswire· 2024-04-15 20:00
VIRGINIA BEACH, Va., April 15, 2024 /PRNewswire/ -- LoanCare®, LLC, a top U.S. mortgage subservicer, announced today that Fitch Ratings has assigned the company the U.S. residential primary servicer for specialty Closed-End Second Lien products rating of RPS2+; Outlook Stable. In addition, Fitch affirmed LoanCare's U.S. residential primary servicer for Prime product and specialty subservicer ratings at RPS2+ in 2023, reflecting the company's strong focus on advancing processes and providing subservicing exc ...
Fidelity National Financial(FNF) - 2023 Q4 - Annual Report
2024-02-29 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 Commission File Number: 001-32630 FIDELITY NATIONAL FINANCIAL, INC. (Exact name of registrant as specified in its charter) Delaware 16-1725106 (State or other jurisdiction of (I.R.S. Employer in ...
Fidelity National Financial(FNF) - 2023 Q4 - Earnings Call Transcript
2024-02-23 05:58
财务数据和关键指标变化 - 公司2023年全年总收入为119亿美元,同比下降9%,主要由于标题订单量下降 [22] - 公司2023年全年调整后净收益为9.62亿美元,同比下降35% [23] - 标题业务2023年全年调整后税前利润为9.64亿美元,调整后税前利润率为13.7% [25] - 标题业务2023年第四季度调整后税前利润为1.98亿美元,调整后税前利润率为11.8% [24] 各条业务线数据和关键指标变化 - 标题业务直接保费收入同比下降10%,代理保费收入同比下降13%,其他费用收入同比下降4% [24] - 标题业务人工成本同比下降4%,其他运营费用同比下降10% [24] - F&G业务2023年全年毛销售额达132亿美元,同比增长17% [28] - F&G业务2023年第四季度毛销售额达41亿美元,同比增长52% [28] - F&G业务2023年全年净销售额达92亿美元 [29] - F&G业务2023年第四季度净销售额达25亿美元 [29] 各个市场数据和关键指标变化 - 2023年第四季度,购买订单量同比增长1%,再融资订单量同比下降11% [11] - 2024年1月,购买订单量同比增长7%,再融资订单量同比下降1% [11] - 2023年第四季度,商业订单量同比下降3% [12] - 2024年1月,商业订单量同比持平 [12] 公司战略和发展方向及行业竞争 - 公司持续专注于管理费用,2023年全年标题业务现场员工人数减少约8% [9] - 公司继续投资于inHere平台,2023年有超过100万代理人、交易协调员和消费者使用该平台,同比增长50% [15][16] - 公司认为中长期房地产市场基本面向好,将继续投资技术、招聘人才、进行战略性收购 [14] - F&G业务资产管理规模持续增长,2023年底达到563亿美元,公司将投资2.5亿美元支持F&G业务发展 [17][18] 管理层对经营环境和未来前景的评论 - 公司对2024年第一季度保持谨慎,因为订单量处于历史低位,可能会像去年一样压缩行业利润率 [13] - 公司认为如果2024年利率下降,可能会带来标题业务的上行空间 [40][41] - F&G业务在利率上升环境下表现出色,但即使利率下降,公司也不预期F&G业务会出现大幅下滑 [62][63] 问答环节重要的提问和回答 问题1 **Bose George 提问** 对2024年利润率的预期 [38] **Mike Nolan 回答** 第一季度利润率可能与去年类似,但随着全年推进可能会有所改善,主要取决于利率走势 [39][40] 问题2 **Mark DeVries 提问** 公司为何决定向F&G投资2.5亿美元,以及未来资本配置的考虑 [47] **Tony Park 回答** 公司认为F&G表现出色,值得继续投资以支持资产规模增长,这是独立于未来是否分拆F&G的考虑 [48][49][55] 问题3 **Soham Bhonsle 提问** 利率下降是否会对F&G业务造成重大影响 [60] **Chris Blunt 回答** F&G业务在不同利率环境下都能保持较为稳定的盈利能力,公司已经对一半浮动利率敞口进行了对冲 [62][63][64]
Fidelity National Financial(FNF) - 2023 Q4 - Annual Results
2024-02-21 00:00
FNF Reports Fourth Quarter and Full Year 2023 Financial Results Jacksonville, Fla. – (February 21, 2024) - Fidelity National Financial, Inc. (NYSE:FNF) (“FNF” or the “Company”), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & Life, Inc. (NYSE:FG) (“F&G”), today reporte ...