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Stock impact report

Fidelity National: Refinancing Activity Boosts Q3 [Seeking Alpha]

Fidelity National Financial, Inc. (FNF) 
Last fidelity national financial, inc. earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.fnf.com
Company Research Source: Seeking Alpha
Title business performance improved with 13% revenue growth and strong margins, aided by rising refinancing and commercial activity as mortgage rates eased. FNF increased its dividend and maintains robust financial health, but buybacks are expected to remain modest amid a cautious outlook for mortgage rates. Shares are rated a "Hold," reflecting fair valuation in a low-growth environment; further upside depends on a decisive drop in mortgage rates below 6%. fcafotodigital/iStock via Getty Images Shares of Fidelity National Financial, Inc. ( FNF ) have been a mixed performer over the past year, essentially trading flat, as the title insurance giant has struggled with weak mortgage activity amidst elevated rates. However, investors received welcome news Thursday when the company reported This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions wi Show less Read more
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