FedNat Holding Company, through its subsidiaries, engages in insurance underwriting, distribution, and claims processing business in the United States. The company underwrites homeowner's multi-peril, personal automobile, commercial general liability, federal flood, and other lines of insurance. It markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The company was formerly known as Federated National Holding Company and changed its name to FedNat Holding Company in May 2018. FedNat Holding Company was founded in 1991 and is based in Sunrise, Florida.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:FNHC
Previous Symbol
CUSIPN/A
Phone800-293-2532
Debt
Debt-to-Equity Ratio0.20
Current Ratio0.40
Quick Ratio0.40
Price-To-Earnings
Trailing P/E Ratio35.55
Forward P/E Ratio15.24
P/E GrowthN/A
Sales & Book Value
Annual Sales$391.66 million
Price / Sales0.70
Cash Flow$0.9972 per share
Price / Cash Flow21.39
Book Value$17.42 per share
Price / Book1.22
Profitability
EPS (Most Recent Fiscal Year)$0.60
Net Income$7.98 million
Net Margins7.61%
Return on Equity14.35%
Return on Assets3.49%
Miscellaneous
Employees419
Outstanding Shares12,770,000
Market Cap$273.37 million
OptionableOptionable
Federated National (NASDAQ:FNHC) Frequently Asked Questions
What is Federated National's stock symbol?
Federated National trades on the NASDAQ under the ticker symbol "FNHC."
How often does Federated National pay dividends? What is the dividend yield for Federated National?
Federated National declared a quarterly dividend on Tuesday, October 2nd. Stockholders of record on Thursday, November 1st will be paid a dividend of $0.08 per share on Monday, December 3rd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Wednesday, October 31st. View Federated National's Dividend History.
How will Federated National's stock buyback program work?
Federated National announced that its Board of Directors has authorized a share buyback program on Wednesday, December 20th 2017, which authorizes the company to repurchase $10,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.
How were Federated National's earnings last quarter?
Federated National Holding Co (NASDAQ:FNHC) released its earnings results on Tuesday, November, 6th. The insurance provider reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.27. The insurance provider had revenue of $105.28 million for the quarter, compared to the consensus estimate of $91.89 million. Federated National had a net margin of 7.61% and a return on equity of 14.35%. View Federated National's Earnings History.
When is Federated National's next earnings date?
What price target have analysts set for FNHC?
2 brokerages have issued 1 year price targets for Federated National's shares. Their predictions range from $27.00 to $27.00. On average, they anticipate Federated National's stock price to reach $27.00 in the next year. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Federated National.
What is the consensus analysts' recommendation for Federated National?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Federated National in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Strong Buy." View Analyst Ratings for Federated National.
Has Federated National been receiving favorable news coverage?
Media stories about FNHC stock have trended very positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Federated National earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave media headlines about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of Federated National's key competitors?
Some companies that are related to Federated National include Third Point Reinsurance (TPRE), BlackRock TCP Capital (TCPC), United Insurance (UIHC), EMC Insurance Group (EMCI), HCI Group (HCI), Global Indemnity (GBLI), Donegal Group (DGICA), Heritage Insurance (HRTG), Donegal Group (DGICB), Greenlight Capital Re (GLRE), NI (NODK), Protective Insurance (PTVCB), Protective Insurance (PTVCA), Tiptree (TIPT) and Maiden (MHLD).
Who are Federated National's key executives?
Federated National's management team includes the folowing people:
- Mr. Michael Herbert Braun, Pres, CEO & Director (Age 51)
- Mr. Erick Anthony Fernandez, Chief Accounting Officer & Treasurer (Age 39)
- Mr. Ronald Arthur Jordan, Chief Financial Officer (Age 50)
- Mr. James Gordon Jennings III, VP of Risk Management and Pres of Federated National Underwriters Inc (Age 60)
- Mr. C. Brian Turnau, Pres of Federated National Adjusting Inc (Age 51)
Who are Federated National's major shareholders?
Federated National's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.60%), BlackRock Inc. (6.99%), Renaissance Technologies LLC (4.98%), Capital Returns Management LLC (4.64%), Vanguard Group Inc. (4.63%) and Heartland Advisors Inc. (2.81%). Company insiders that own Federated National stock include Carl Dorf, Jenifer G Kimbrough and Richard W Wilcox, Jr. View Institutional Ownership Trends for Federated National.
Which major investors are selling Federated National stock?
FNHC stock was sold by a variety of institutional investors in the last quarter, including Capital Returns Management LLC, Renaissance Technologies LLC, Heartland Advisors Inc., TIAA CREF Investment Management LLC, Los Angeles Capital Management & Equity Research Inc., Acadian Asset Management LLC and Foundry Partners LLC. Company insiders that have sold Federated National company stock in the last year include Carl Dorf, Jenifer G Kimbrough and Richard W Wilcox, Jr. View Insider Buying and Selling for Federated National.
Which major investors are buying Federated National stock?
FNHC stock was bought by a variety of institutional investors in the last quarter, including Man Group plc, Assenagon Asset Management S.A., JPMorgan Chase & Co., JPMorgan Chase & Co., Bridgeway Capital Management Inc., AQR Capital Management LLC, Hillsdale Investment Management Inc. and Allianz Asset Management GmbH. View Insider Buying and Selling for Federated National.
How do I buy shares of Federated National?
Shares of FNHC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Federated National's stock price today?
One share of FNHC stock can currently be purchased for approximately $21.33.
How big of a company is Federated National?
Federated National has a market capitalization of $273.37 million and generates $391.66 million in revenue each year. The insurance provider earns $7.98 million in net income (profit) each year or $0.60 on an earnings per share basis. Federated National employs 419 workers across the globe.
What is Federated National's official website?
How can I contact Federated National?
Federated National's mailing address is 14050 N.W. 14thStreet Suite 180, Sunrise FL, 33323. The insurance provider can be reached via phone at 800-293-2532 or via email at [email protected]
MarketBeat Community Rating for Federated National (NASDAQ FNHC)
MarketBeat's community ratings are surveys of what our community members think about Federated National and other stocks. Vote "Outperform" if you believe FNHC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FNHC will underperform the S&P 500 over the long term. You may vote once every thirty days.
