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Has Fidelity National Financial (FNF) Outpaced Other Finance Stocks This Year?

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Investors focused on the Finance space have likely heard of Fidelity National Financial (FNF - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.

Fidelity National Financial is one of 839 companies in the Finance group. The Finance group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. FNF is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for FNF's full-year earnings has moved 15.05% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, FNF has returned 47.52% so far this year. Meanwhile, stocks in the Finance group have gained about 20.16% on average. This means that Fidelity National Financial is performing better than its sector in terms of year-to-date returns.

Looking more specifically, FNF belongs to the Insurance - Property and Casualty industry, a group that includes 42 individual stocks and currently sits at #171 in the Zacks Industry Rank. This group has gained an average of 12.12% so far this year, so FNF is performing better in this area.

FNF will likely be looking to continue its solid performance, so investors interested in Finance stocks should continue to pay close attention to the company.


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