Published on 19 Jun 2024 on Simply Wall St. · via Yahoo Finance
Fidelity National Financial, Inc.'s (NYSE:FNF) Fundamentals Look Pretty Strong:...
It is hard to get excited after looking at Fidelity National Financial's (NYSE:FNF) recent performance, when its stock has declined 2.7% over the past three months. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. In this article, we decided to focus on Fidelity National Financial's ROE.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.