Back to top

Analyst Blog

On Apr 11, 2013, shares of Fidelity National Financial, Inc. (FNF - Snapshot Report) reached a 52-week high of $26.78.

Fidelity National has a consistent track record of acquisitions and partnerships to strengthen its existing lines of businesses. On Feb 25, the company announced the formation of a luxury restaurant company, J. Alexander’s LLC, targeting the upscale dining segment.

The deal is expected to augment the existing upscale dining oriented restaurant operations of Fidelity National. With the formation of J. Alexander’s LLC, the company aims to enhance its upscale dining operations and hence maximize its overall value of restaurant operations.

Earlier, on Feb 14, Digital Insurance – a wholly owned subsidiary of Fidelity National – announced a partnership with CUNA Mutual Group, a financial service provider dedicated to catering to the members and customers of employee unions.

Fidelity National reported positive earnings surprises in all four quarters of 2012 with an average beat of 18.06%. The company is expected to report its first-quarter 2013 financial results after the closing bell on May 1.

The valuation of Fidelity National’s shares is attractive. The shares are trading at a small premium to the peer group average on a price-to-book basis and discount to the peer group average on a forward price-to-earnings basis. The return on equity of 11.3% is substantially higher than the peer group average of 8.0%. 

Fidelity National currently carries a Zacks Rank #3 (Hold). Other property and casualty insurers worth considering are W.R. Berkley Corporation (WRB - Analyst Report), Cincinnati Financial Corp. (CINF - Analyst Report) and Everest Re Group Ltd. (RE - Analyst Report), all of which carry a Zacks Rank #1 (Strong Buy).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 3.80 +7.04%
TRAVELCENTE… TA 11.84 +6.38%
BANCO DO BR… BDORY 14.74 +5.66%
AIR INDUSTR… AIRI 9.99 +4.15%
EQT MIDSTRM… EQM 98.14 +3.38%