About National Interstate (NASDAQ:NATL)
National 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:
- Industry: Property & Casualty Insurance
- Sub-Industry: Property & Casualty Insurance
- Sector: Property & Casualty Insurance - NEC
- Symbol: NASDAQ:NATL
- CUSIP: 63654U10
- Web: invest.nationalinterstate.com
- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 0.39%
- Quick Ratio: 0.38%
- Annual Dividend: $0.56
- Dividend Yield: 1.7%
- Trailing EPS: $1.38
- Net Margins: 5.91%
- Return on Equity: 10.13%
- Return on Assets: 1.94%
- Employees: 715
- Outstanding Shares: 19,930,000
Frequently Asked Questions for National Interstate (NASDAQ:NATL)
What is National Interstate's stock symbol?
National Interstate trades on the NASDAQ under the ticker symbol "NATL."
How were National Interstate's earnings last quarter?
National Interstate Co. (NASDAQ:NATL) issued its earnings results on Tuesday, August, 2nd. The insurance provider reported $0.51 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.11. The insurance provider had revenue of $163.01 million for the quarter, compared to analyst estimates of $165.90 million. National Interstate had a return on equity of 10.13% and a net margin of 5.91%. View National Interstate's Earnings History.
Who are some of National Interstate's key competitors?
Some companies that are related to National Interstate include Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK.A), Axa SA (CS), Allstate Corporation (The) (ALL), The Travelers Companies (TRV), Sun Life Financial (SLF), Assicurazioni Generali SpA (G), Suncorp Group Limited (SUN), Insurance Australia Group Ltd (IAG), Loews Corporation (L), QBE Insurance Group Ltd (QBE), Markel Corporation (MKL), Intact Financial (IFC), CNA Financial Corporation (CNA), Power Co. of Canada (POW), Arch Capital Group (ACGL), Cincinnati Financial Corporation (CINF) and XL Group (XL).
Who are National Interstate's key executives?
National Interstate's management team includes the folowing people:
- Joseph E. Consolino, Chairman of the Board (Age 49)
- Anthony J. Mercurio, President, Chief Executive Officer, Director (Age 42)
- Julie A. McGraw, Chief Financial Officer, Vice President, Treasurer (Age 51)
- Arthur J. Gonzales, Senior Vice President, General Counsel, Secretary (Age 54)
- Terry E. Phillips, Senior Vice President (Age 65)
- Gary N. Monda, Chief Investment Officer, Vice President (Age 58)
- Ronald J. Brichler, Director
- Patrick J. Denzer, Director
- Gary J. Gruber, Director (Age 59)
- Keith A. Jensen, Director (Age 64)
How do I buy National Interstate stock?
Shares of National Interstate 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 National Interstate's stock price today?
One share of National Interstate stock can currently be purchased for approximately $32.51.
How can I contact National Interstate?
National Interstate's mailing address is 3250 Interstate Dr, RICHFIELD, OH 44286-9000, United States. The insurance provider can be reached via phone at +1-330-6598900.
MarketBeat Community Rating for National Interstate (NASDAQ NATL)MarketBeat's community ratings are surveys of what our community members think about National Interstate and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for National Interstate (NASDAQ:NATL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for National Interstate (NASDAQ:NATL)
Analysts' Ratings History for National Interstate (NASDAQ:NATL)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/15/2016||Raymond James Financial, Inc.||Downgrade||Market Perform -> Underperform||N/A|
Earnings History and Estimates Chart for National Interstate (NASDAQ:NATL)
Earnings History by Quarter for National Interstate (NASDAQ NATL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2016||Q2||$0.40||$0.51||$165.90 million||$163.01 million||View||N/A|
|5/2/2016||Q1||$0.39||$0.38||$163.71 million||$160.50 million||View||N/A|
|2/23/2016||Q4||$0.38||$0.13||$176.20 million||$162.70 million||View||Listen|
|11/3/2015||Q3||$0.37||$0.39||$154.66 million||$162.46 million||View||N/A|
|8/4/2015||Q215||$0.28||$0.32||$155.43 million||$154.61 million||View||N/A|
|4/27/2015||Q115||$0.42||$0.33||$148.90 million||$149.40 million||View||N/A|
|2/24/2015||Q414||$0.34||$0.23||$175.20 million||$154.43 million||View||N/A|
|10/28/2014||Q314||$0.37||$0.36||$1.02 billion||$12.83 million||View||N/A|
|7/28/2014||Q214||$0.37||($0.58)||$148.32 million||$149.80 million||View||N/A|
|5/6/2014||Q114||$0.39||$0.39||$144.55 million||$142.97 million||View||N/A|
|2/25/2014||Q4 13||$0.37||$0.43||$136.98 million||$147.12 million||View||N/A|
|1/30/2014||Q413||$0.38||$0.40||$134.18 million||$179.28 million||View||N/A|
|2/26/2013||Q4 2012||$0.29||$0.42||$115.45 million||$137.50 million||View||N/A|
Earnings Estimates for National Interstate (NASDAQ:NATL)
2017 EPS Consensus Estimate: $1.65
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for National Interstate (NASDAQ:NATL)
|Most Recent Dividend:||11/10/2016|
|Payout Ratio:||40.58% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for National Interstate (NASDAQ NATL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for National Interstate (NASDAQ NATL)
Insider Ownership Percentage: 11.80%
Institutional Ownership Percentage: 84.89%
Insider Trades by Quarter for National Interstate (NASDAQ NATL)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/8/2015||Anthony J. Mercurio||COO||Sell||5,940||$26.45||$157,113.00|| |
|11/11/2015||Anthony J. Mercurio||COO||Sell||1,613||$27.47||$44,309.11|| |
|8/24/2015||Julie A. Mcgraw||CFO||Sell||9,520||$26.90||$256,088.00|| |
|8/21/2015||Julie A. Mcgraw||CFO||Sell||30,280||$27.89||$844,509.20|| |
|12/19/2014||Anthony J Mercurio||COO||Sell||12,447||$29.33||$365,070.51|| |
|12/17/2014||Gary N Monda||VP||Sell||3,500||$29.75||$104,125.00|| |
|9/26/2014||Gary N Monda||VP||Sell||12,000||$27.73||$332,760.00|| |
|3/13/2014||Joel Schiavone||Director||Sell||3,600||$30.02||$108,072.00|| |
|12/31/2013||Joel Schiavone||Director||Sell||4,000||$23.60||$94,400.00|| |
|12/23/2013||Joel Schiavone||Director||Sell||10,000||$24.58||$245,800.00|| |
|6/7/2013||Joel Schiavone||Director||Sell||3,500||$30.94||$108,290.00|| |
|5/7/2013||Joel Schiavone||Director||Sell||6,000||$27.62||$165,720.00|| |
|9/13/2012||Terry E Phillips||VP||Sell||13,768||$26.06||$358,794.08|| |
|8/9/2012||Terry E Phillips||VP||Sell||7,298||$24.01||$175,224.98|| |
Latest Headlines for National Interstate (NASDAQ NATL)
National Interstate (NASDAQ NATL) Chart for Sunday, November, 19, 2017