National Interstate Corp. Company Profile (NASDAQ:NATL)

Analyst Ratings

Consensus Ratings for National Interstate Corp. (NASDAQ:NATL) (?)
Ratings Breakdown: 1 Sell Rating(s)
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: N/A

Analysts' Ratings History for National Interstate Corp. (NASDAQ:NATL)
Show:
DateFirmActionRatingPrice TargetActions
4/15/2016Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/31/2014Keefe, Bruyette & WoodsLower Price Target$28.00 -> $27.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/29/2014 forward)

Earnings

Earnings History for National Interstate Corp. (NASDAQ:NATL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/2/2016        
5/2/2016Q1$0.39$0.38ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2016Q4$0.38$0.10$176.20 million$162.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015Q3$0.37$0.39$128.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/4/2015Q215$0.28$0.32$157.19 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/27/2015Q115$0.42$0.33$148.90 million$149.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/24/2015Q414$0.34$0.25$175.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2014Q314$1.17$0.44$1.02 billion$12.83 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/28/2014Q214$0.35($0.57)$148.32 million$149.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/6/2014Q114$0.39$0.39$133.96 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2014Q4 13$0.39$0.40$139.48 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/30/2014Q413$0.38$0.40$134.18 million$179.28 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2013Q4 2012$0.29$0.42$115.45 million$137.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/7/2013Q412$0.39$0.39$100.76 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2012$0.41$0.43ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2012$0.46$0.37ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/22/2012$0.56$0.56ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/1/2011$0.44$0.31ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/3/2011$0.44$0.40ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2011$0.42$0.52ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2011$0.45$0.36ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for National Interstate Corp. (NASDAQ:NATL)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.38$0.38$0.38
Q2 20161$0.40$0.40$0.40
Q3 20161$0.40$0.40$0.40
Q4 20161$0.37$0.37$0.37
Q1 20171$0.40$0.40$0.40
Q2 20171$0.42$0.42$0.42
Q3 20171$0.43$0.43$0.43
Q4 20171$0.40$0.40$0.40
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for National Interstate Corp. (NASDAQ:NATL)
Annual Dividend:$0.56
Dividend Yield:1.73%
Payout Ratio:54.37% (Based on Trailing 12 Months of Earnings)
35.00% (Based on Current Year Consensus EPS Estimate)
33.94% (Based on Next Year Consensus EPS Estimate)

Dividend History for National Interstate Corp. (NASDAQ:NATL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/10/2016quarterly$0.141.81%5/18/20165/20/20165/31/2016Tweet This Announcement  Share This Announcement on StockTwits
2/29/2016quarterly$0.142.52%3/11/20163/15/20163/25/2016Tweet This Announcement  Share This Announcement on StockTwits
11/12/2015quarterly$0.131.95%11/20/201511/24/201512/9/2015Tweet This Announcement  Share This Announcement on StockTwits
8/11/2015quarterly$0.131.93%8/18/20158/20/20159/3/2015Tweet This Announcement  Share This Announcement on StockTwits
5/4/2015quarterly$0.131.92%5/13/20155/15/20155/29/2015Tweet This Announcement  Share This Announcement on StockTwits
2/25/2015quarterly$0.131.93%3/6/20153/10/20153/24/2015Tweet This Announcement  Share This Announcement on StockTwits
11/10/2014quarterly$0.121.65%11/21/201411/25/201412/9/2014Tweet This Announcement  Share This Announcement on StockTwits
8/1/2014quarterly$0.121.75%8/19/20148/21/20149/4/2014Tweet This Announcement  Share This Announcement on StockTwits
5/9/2014quarterly$0.121.65%5/19/20145/21/20146/5/2014Tweet This Announcement  Share This Announcement on StockTwits
2/28/2014quarterly$0.121.58%3/10/20143/12/20143/27/2014Tweet This Announcement  Share This Announcement on StockTwits
11/7/2013quarterly$0.111.75%11/21/201311/25/201312/9/2013Tweet This Announcement  Share This Announcement on StockTwits
8/5/2013quarterly$0.111.64%8/21/20138/23/20139/9/2013Tweet This Announcement  Share This Announcement on StockTwits
5/8/2013quarterly$0.111.51%5/22/20135/24/20136/11/2013Tweet This Announcement  Share This Announcement on StockTwits
2/14/2013quarterly$0.111.29%3/6/20133/8/20133/22/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for National Interstate Corp. (NASDAQ:NATL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
12/8/2015Anthony J. MercurioCOOSell5,940$26.45$157,113.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/11/2015Anthony J. MercurioCOOSell1,613$27.47$44,309.11View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/24/2015Julie A. McgrawCFOSell9,520$26.90$256,088.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/21/2015Julie A. McgrawCFOSell30,280$27.89$844,509.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/19/2014Anthony J MercurioCOOSell12,447$29.33$365,070.51View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/17/2014Gary N MondaVPSell3,500$29.75$104,125.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/26/2014Gary N MondaVPSell12,000$27.73$332,760.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/13/2014Joel SchiavoneDirectorSell3,600$30.02$108,072.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/31/2013Joel SchiavoneDirectorSell4,000$23.60$94,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/23/2013Joel SchiavoneDirectorSell10,000$24.58$245,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/7/2013Joel SchiavoneDirectorSell3,500$30.94$108,290.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/7/2013Joel SchiavoneDirectorSell6,000$27.62$165,720.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/13/2012Terry E PhillipsVPSell13,768$26.06$358,794.08View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/9/2012Terry E PhillipsVPSell7,298$24.01$175,224.98View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for National Interstate Corp. (NASDAQ:NATL)
DateHeadline
07/28/16 03:51 PMSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning the Fairness of the Sale of National Interstate Corporation to Great American Insurance Company - [Business Wire] - The following statement is being issued by Levi & Korsinsky, LLP:
07/28/16 01:17 PMINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of National Interstate Corporation And Encourages Shareholders To Contact The Firm For Additional Information - [Business Wire] - The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of National Interstate Corporation relating to the proposed buyout of National Interstate by Great American Insurance Company, a subsidiary of American Financial Group, Inc.
07/27/16 04:28 PMHarwood Feffer LLP Announces Investigation of National Interstate Corporation - [PR Newswire] - NEW YORK, July 27, 2016 /PRNewswire/ -- Harwood Feffer LLP ( www.hfesq.com ) is investigating potential claims against the board of directors of National Interstate Corporation ("National Interstate" ...
07/27/16 01:28 PMINVESTOR ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Concerning the Fairness of the Sale of National Interstate Corporation to Great American Insurance Company - [Business Wire] - The following statement is being issued by Levi & Korsinsky, LLP:
07/27/16 10:04 AMNATIONAL INTERSTATE CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout - [Business Wire] - Rigrodsky & Long, P.A.:
07/26/16 07:10 PMSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of National Interstate Corporation And Encourages Investors To Contact The Firm For Additional Information - [Business Wire] - The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of National Interstate Corporation relating to the proposed buyout of National Interstate by Great American Insurance Company, a subsidiary of American Financial Group, Inc.
07/26/16 08:37 AMNational Interstate Accepts $660M Buyout by American Financial
07/26/16 05:04 AMNATIONAL INTERSTATE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Stat -
07/25/16 05:29 PMNATIONAL INTERSTATE CORPORATION Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Great American Insurance Company
07/25/16 05:29 PMNational Interstate (NATL), Great American Insurance Enter Merger Agreement
07/25/16 05:29 PMNATIONAL INTERSTATE CORPORATION SHAREHOLDER ALERT: …
07/25/16 02:24 PMSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of National Interstate Corporation to Great American Insurance Company for $32.00 Per Share is Fair to Shareholders -- NATL - [Accesswire] - NEW YORK, NY / ACCESSWIRE / July 25, 2016 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased National Interstate Corporation ("National Interstate") ...
07/25/16 12:23 PMNational Interstate approves merger with American Financial Group -
07/25/16 11:06 AMNATIONAL INTERSTATE CORPORATION SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Great American Insurance Company - [Business Wire] - Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of National Interstate Corporation concerning the sale to Great American Insurance Company.
07/25/16 09:51 AMNational Interstate To Be Acquired By American Financial Group Unit
07/25/16 09:51 AMInterstate Takes Lindner Bid Valuing Company at $660 Million (2)
07/25/16 09:51 AMAmerican Financial Reaches Deal to Acquire National Interstate Stake
07/25/16 09:51 AMGreat American Insurance To Acquire National Interstate Corp.
07/25/16 09:00 AM[$$] American Financial Reaches Deal to Acquire National Interstate Stake -
07/25/16 08:18 AMAmerican Financial Group, Inc. Enters Into Merger Agreement with National Interstate; Announces Preliminary Second Quarter 2016 Results - [at noodls] - NATL Special Committee unanimously approves AFG's offer price of $32.00 per share and $0.50 per share pre-closing dividend NATL transaction would generate a non-core tax benefit of approximately $64 million ...
07/25/16 08:08 AMGreat American Insurance Company to Acquire National Interstate Corporation - [at noodls] - July 25, 2016 RICHFIELD, Ohio, July 25, 2016 (GLOBE NEWSWIRE) -- National Interstate Corporation (Nasdaq:NATL) ('National Interstate' or the 'Company') announced today that it has entered into a definitive ...
07/25/16 07:59 AMInterstate Takes Lindner Bid Valuing Company at $660 Million -
07/25/16 07:59 AMInterstate Accepts Lindner Bid Valuing Company at $660 Million -
07/19/16 03:30 PMNational Interstate Corporation Announces Earnings Conference Call and Web Cast - [GlobeNewswire] - RICHFIELD, Ohio, July 19, 2016-- National Interstate Corporation announced today that the Company expects to release its 2016 second quarter results after the market closes on Tuesday, August 2, 2016. ...
07/15/16 04:25 PMNational Interstate : Insurance Company Receives 2016 Top Workplaces Award From the Cleveland Plain Dealer
07/13/16 07:44 AMNational Interstate Corp. breached its 50 day moving average in a Bullish Manner : NATL-US : July 13, 2016 -
07/08/16 05:15 PMBRIEF-National Interstate committee considering proposal from Great American Insurance Co - * Special committee is reviewing and evaluating revised proposal together with its financial and legal advisors
07/08/16 04:01 PMSpecial Committee of National Interstate Corporation Considering Latest Proposal from Great American Insurance Company - [at noodls] - July 8, 2016 RICHFIELD, Ohio, July 08, 2016 (GLOBE NEWSWIRE) -- National Interstate Corporation (Nasdaq:NATL) (the 'Company') announced today that the Special Committee of its Board of Directors received ...
07/08/16 08:20 AMAmerican Financial Raises Offer Price for National Interstate
07/07/16 08:16 AMBRIEF-American Financial Group reports 51.2% stake in National Interstate
07/07/16 08:16 AMAmerican Financial Raises Offer For National Interstate To $32/shr
07/06/16 09:36 AMAmerican Financial Group Boosts Offer To Buy Public Minority Stake In National Interstate To $32/Share - American Financial Group, Inc. (NYSE: AFG) announced it sweetened its offer to buy all of the outstanding common shares of National Interstate Corporation (NASDAQ: NATL) to $32.00 per share in cash. The offer is for the stake that isn't currently held by AFG's wholly-owned subsidiary, Great American Insurance Company (GAIC). American Financial Group indicated the planned transaction would not be subject to a financing ...Full story available on Benzinga.com
07/06/16 08:37 AMBRIEF-American Financial increases offer to acquire public minority stake in National Interstate to $32 per share - * Says proposed transaction will not be subject to a financing condition
07/06/16 08:19 AMAmerican Financial boosts bid for National Interstate -
07/06/16 08:11 AMAmerican Financial Group Increases Offer to Acquire Public Minority Stake in National Interstate to $32 per Share - [at noodls] - Best and final offer by AFG Increased cash offer provides full and fair price to National Interstate shareholders CINCINNATI--(BUSINESS WIRE)--Jul. 6, 2016-- American Financial Group, Inc. (NYSE: AFG) ...
07/06/16 08:10 AMNational Interstate's stock jumps after American Financial boosts buyout bid -
06/30/16 05:43 PMBRIEF-National Interstate's special committee of board rejects Great American Insurance Co proposal
06/29/16 07:41 AMSpecial Committee of National Interstate Corporation Rejects Latest Proposal from Great American Insurance Company - [at noodls] - June 29, 2016 RICHFIELD, Ohio, June 29, 2016 (GLOBE NEWSWIRE) -- National Interstate Corporation (Nasdaq:NATL) (the 'Company') announced today that the Special Committee of its Board of Directors has unanimously ...
06/28/16 07:15 AMVanliner Insurance Company and Move For Hunger Honored by Mutual of America Foundation for Community Partnership and Involvement - [GlobeNewswire] - FENTON, Mo., June 28, 2016-- Vanliner Insurance Company and Move For Hunger were both recognized by Mutual of America at their Community Partnership Award Luncheon at the Hollywood Golf Club in Deal, NJ.. ...
06/27/16 10:01 AMBRIEF-American Financial's unit ups offer price to acquire National Interstate to $30.75/shr - * American Financial Group - on June 24, its unit Great American increased price of its earlier proposal to acquire National Interstate Corp by $0.75 to $30.75 per share Source:...
06/27/16 08:12 AM[$$] American Financial Raises Offer for National Interstate -
06/27/16 07:11 AMNational Interstate Corp. breached its 50 day moving average in a Bearish Manner : NATL-US : June 27, 2016 -
06/27/16 07:06 AM8:06 am National Interstate: American Fincl (AFG, 51.2% holder) increases acquisition proposal to $30.75/share in cash -
06/06/16 09:04 AMColorado emerging as a national leader in developing a recreational-based economy
06/03/16 08:11 AMSave the climate and protect America: Build an ‘underground energy interstate’ now - I have called it a “underground energy interstate”. There are now commercial ... and solar generators would have continuous access to the full national market. Fossil fuel plants with CO 2 sequestration could compete on a level playing field.
05/10/16 09:46 AMLindner: American Financial will ‘come out far better’ on new investment rule -
05/05/16 11:27 AMNational Interstate Corp. :NATL-US: Earnings Analysis: Q1, 2016 By the Numbers -
05/03/16 03:05 PMNATIONAL INTERSTATE CORP Files SEC form 8-K, Results of Operations and Financial Condition -
05/03/16 10:25 AMEdited Transcript of NATL earnings conference call or presentation 3-May-16 2:00pm GMT -
05/02/16 05:07 PMNational Interstate posts 1Q profit -

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About National Interstate Corp.

National Interstate Corp. logoNational Interstate Corporation and its subsidiaries operate as an insurance holding company that underwrites and sells traditional and alternative property and casualty insurance products to the passenger transportation, trucking and moving and storage industries, general commercial insurance to small businesses in Hawaii and Alaska and personal insurance to owners of recreational vehicles throughout the United States. The Company is a specialty property and casualty insurance company with a focus on the transportation industry. The Company operates through property and casualty insurance segment. The Company offers approximately 40 product lines in the specialty property and casualty insurance market, which it groups into approximately four general business components: alternative risk transfer (ART), transportation, specialty personal lines, and Hawaii and Alaska based on the class of business, insureds' risk participation or geographic location.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Property & Casualty Insurance
  • Exchange: NASDAQ
  • Symbol: NATL
  • CUSIP: 63654U10
Key Metrics:
  • Previous Close: $32.43
  • 50 Day Moving Average: $30.84
  • 200 Day Moving Average: $28.75
  • P/E Ratio: 31.49
  • P/E Growth: 1.92
  • Market Cap: $646.17M
  • Beta: 0.94
  • Current Year EPS Consensus Estimate: $1.60 EPS
  • Next Year EPS Consensus Estimate: $1.65 EPS
Additional Links:
National Interstate Corp. (NASDAQ:NATL) Chart for Friday, July, 29, 2016