The real estate industry has had a mixed bag of fortune over the last year or so. While residential real estate has seen robust demand and homebuilding has been going strong, commercial real estate has been witnessing difficult times. It may be a good idea to look at some of the best insurance company stocks, especially those connected to the real estate industry. One such company is Fidelity National Financial. It is a Fortune 500 title insurance and settlement service company. The real estate and mortgage industries are its major customer segments. In the US, Fidelity National Financial is the largest title insurance company and a market leader. If you are an investor looking at insurance stocks, then market leaders and dominant players in sub-sectors are good places to begin your research.
Some More Information About Fidelity National Financial
Fidelity National Financial is headquartered in Jacksonville, Florida. It has over 27,000 employees across two primary business groups, FNF Core Operations and FNF Ventures. The Core Operations group deals with escrow, title insurance, and title-related services while providing technology and transaction solutions. FNF Ventures, meanwhile, is an investment arm for Fidelity National Financial. It invests in other companies and has stakes in restaurant group ABRH. Almost 50% of Fidelity National Financial’s revenue comes from title insurance premiums. Other core operations activities account for about 30% of the firm’s revenue. Fidelity National Financial also earns significant income from the restaurant business due to its investment in ABRH. Geographically, most of the income is earned in the United States. As a result, Fidelity National Financial is one of the top insurance company stocks that investors can analyze.
Fidelity National Financial’s stock closed at $44.63 on 16th April 2021. The stock was trading at a reasonable dividend yield of 3.23%. The price had risen by a significant 13% over the preceding 30 days. The 1-year returns were also robust at 75%.