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FNF Group (FNF) Outpaces Stock Market Gains: What You Should Know
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FNF Group (FNF - Free Report) closed the most recent trading day at $37.78, moving +0.24% from the previous trading session. This change outpaced the S&P 500's 0.16% gain on the day. Elsewhere, the Dow lost 0.42%, while the tech-heavy Nasdaq added 0.48%.
Heading into today, shares of the provider of title insurance and mortgage services had lost 11.13% over the past month, lagging the Finance sector's loss of 7.94% and the S&P 500's loss of 6.79% in that time.
Investors will be hoping for strength from FNF Group as it approaches its next earnings release. On that day, FNF Group is projected to report earnings of $1.63 per share, which would represent a year-over-year decline of 20.87%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.3 billion, down 14.45% from the year-ago period.
FNF's full-year Zacks Consensus Estimates are calling for earnings of $6.07 per share and revenue of $13.34 billion. These results would represent year-over-year changes of -23.16% and -14.73%, respectively.
Investors might also notice recent changes to analyst estimates for FNF Group. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. FNF Group is currently a Zacks Rank #3 (Hold).
Looking at its valuation, FNF Group is holding a Forward P/E ratio of 6.21. For comparison, its industry has an average Forward P/E of 13.89, which means FNF Group is trading at a discount to the group.
The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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FNF Group (FNF) Outpaces Stock Market Gains: What You Should Know
FNF Group (FNF - Free Report) closed the most recent trading day at $37.78, moving +0.24% from the previous trading session. This change outpaced the S&P 500's 0.16% gain on the day. Elsewhere, the Dow lost 0.42%, while the tech-heavy Nasdaq added 0.48%.
Heading into today, shares of the provider of title insurance and mortgage services had lost 11.13% over the past month, lagging the Finance sector's loss of 7.94% and the S&P 500's loss of 6.79% in that time.
Investors will be hoping for strength from FNF Group as it approaches its next earnings release. On that day, FNF Group is projected to report earnings of $1.63 per share, which would represent a year-over-year decline of 20.87%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.3 billion, down 14.45% from the year-ago period.
FNF's full-year Zacks Consensus Estimates are calling for earnings of $6.07 per share and revenue of $13.34 billion. These results would represent year-over-year changes of -23.16% and -14.73%, respectively.
Investors might also notice recent changes to analyst estimates for FNF Group. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. FNF Group is currently a Zacks Rank #3 (Hold).
Looking at its valuation, FNF Group is holding a Forward P/E ratio of 6.21. For comparison, its industry has an average Forward P/E of 13.89, which means FNF Group is trading at a discount to the group.
The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 168, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.