Welcome to our dedicated page for Fidelity National Financial In news (Ticker: FNF), a resource for investors and traders seeking the latest updates and insights on Fidelity National Financial In stock.
Fidelity National Financial, Inc. (NYSE: FNF) is a title insurance and transaction services company serving the real estate and mortgage industries, with additional operations in annuity and life insurance through its majority-owned subsidiary F&G Annuities & Life, Inc. The FNF news stream highlights developments that affect its title segment, F&G segment and related subsidiaries.
Recent news items include announcements of quarterly financial results, where FNF reports segment performance for its Title and F&G businesses, as well as updates on adjusted net earnings and operating margins. The company also issues releases about its capital allocation decisions, such as increases in its quarterly cash dividend and share repurchase activity, providing insight into how it returns capital to shareholders.
FNF’s news flow covers corporate actions involving F&G, including the approval and finalization of a special stock distribution of F&G shares to FNF shareholders. These announcements describe the distribution ratio, record date, distribution date and expected tax treatment of the distribution. Additional items include notices of upcoming earnings releases and conference calls, along with participation by FNF executives in industry and investor conferences.
Subsidiaries associated with FNF, such as LoanCare and IPX1031, also appear in the news with updates on product enhancements, leadership appointments and expanded capabilities. LoanCare reports enhancements to its digital retention tools for mortgage loan subservicing, while IPX1031 announces leadership changes within its 1031 Exchange operations. Investors and market watchers can use this news page to follow FNF’s operating performance, corporate actions and subsidiary developments over time.
Fidelity National Financial (NYSE:FNF) will participate in a fireside chat at the KBW Title Insurance Day on September 21, 2021, at 10:00 a.m. Eastern Time. Key executives, including President Mike Nolan and CFO Tony Park, will represent the company. A live webcast and replay will be available on FNF's Investor Relations website. FNF is the largest title insurance provider in the U.S., offering extensive services through its various subsidiaries.
Fidelity National Financial (FNF) priced $450 million of 3.200% senior notes due September 17, 2051. The notes were priced at 99.770% to yield 3.212% annually, with interest payable semi-annually. Net proceeds will be used for general corporate purposes. The offering involves major underwriters like BofA Securities and J.P. Morgan. As the largest title insurance provider in the U.S., FNF plays a critical role in real estate transactions. However, the company faces various risks, including market volatility and economic conditions that may impact its operations.
Fidelity National Financial (NYSE: FNF) announced its participation in the Barclays Global Financial Services Conference on September 15, 2021, with President Mike Nolan, CFO Tony Park, and F&G's CEO Chris Blunt. The event will be held at 7:30 a.m. ET, and interested investors can access a live webcast and replay on FNF's Investor Relations website. FNF is the largest title insurance company in the U.S., providing title insurance and transaction services to the real estate and mortgage sectors. More details are available on their official website.
Fidelity National Financial (FNF) reported robust operating results for Q2 2021, with total revenue of $3.9 billion, up 62.5% from $2.4 billion in Q2 2020. Net earnings from continuing operations reached $546 million, yielding a diluted EPS of $1.90. Adjusted pre-tax earnings also saw significant growth, reaching $688 million, marking a 81.5% increase year-over-year. Commercial revenues soared 89% to $347 million, while refinance orders decreased 25%. The company continues to prioritize shareholder returns with a 11% increase in dividends.
Fidelity National Financial (NYSE:FNF) has announced a new three-year stock repurchase program, starting on August 3, 2021. The program allows for the buyback of up to 25 million shares of common stock until July 31, 2024. This follows the previous program, which repurchased 17.4 million shares by its conclusion. The company is a leading provider of title insurance and transaction services in the U.S. market.
On August 3, 2021, Fidelity National Financial (NYSE: FNF) announced an 11% increase in its quarterly cash dividend, raising it from $0.36 to $0.40 per share. This dividend will be payable on September 30, 2021, to stockholders of record as of September 16, 2021. This move underscores the company's robust financial health and commitment to returning value to shareholders.
Fidelity National Financial (FNF) has announced the launch of Notarize inHere and the expansion of its Digital Closing Services. These initiatives are designed to enhance the digital closing experience for consumers and real estate professionals. With the rise of remote notarization, FNF emphasizes the importance of maintaining strict security and service standards to ensure the integrity of real estate transactions. The inHere Experience Platform supports remote online notarization in all 30 approved states, promising flexibility and convenience without compromising on risk management.
Fidelity National Financial (NYSE: FNF), a premier title insurance provider, will announce its Q2 2021 earnings on August 3, 2021. A conference call will follow on August 4, 2021 at 12:00 p.m. ET. Participants can join via FNF's Investor Relations website or by phone at 1-877-407-0784 (USA). The company, the largest title insurer in the U.S., aims to deliver strong performance in a competitive market. Further details and replay options for the call will be available on its website.
F&G, part of the FNF family, has entered the funding agreement backed note market with a $750 million note issued by F&G Global Funding. This marks their inaugural offering in the institutional sector, aimed at driving growth and diversification. Proceeds will be managed by Blackstone Insurance Solutions, focusing on high-quality assets aligned with F&G's liabilities. The notes hold A- ratings from S&P and Fitch, reflecting the financial strength of Fidelity & Guaranty Life Insurance Company, F&G's subsidiary.
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