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
- Symbol: NASDAQ:NATL
- CUSIP: 63654U10
- Web: www.nationalinterstate.com
- 50 Day Moving Avg: $32.46
- 200 Day Moving Avg: $31.69
- 52 Week Range: $21.15 - $34.49
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 17.18
- P/E Growth: 0.00
- Net Margins: 4.24%
- Return on Equity: 8.17%
- Return on Assets: 1.55%
- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 0.39%
- Quick Ratio: 0.38%
- Average Volume: 18,183 shs.
- Beta: 0.88
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 often does National Interstate pay dividends? What is the dividend yield for National Interstate?
National Interstate announced a special dividend on Wednesday, November 2nd. Stockholders of record on Thursday, November 10th will be paid a dividend of $0.50 per share on Thursday, November 10th. This represents a dividend yield of 1.73%. The ex-dividend date is Tuesday, November 8th. View National Interstate's Dividend History.
How were National Interstate's earnings last quarter?
National Interstate Co. (NASDAQ:NATL) released its quarterly earnings data on Tuesday, August, 2nd. The company reported $0.51 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.11. The firm earned $163.01 million during the quarter, compared to the consensus estimate of $165.90 million. National Interstate had a return on equity of 8.17% and a net margin of 4.24%. 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-A), American International Group (AIG), Travelers Companies (TRV), Allstate Corp (ALL), Progressive Corp (PGR), Sun Life Financial (SLF), Hartford Financial Services Group (HIG), Loews (L), Markel (MKL), Arch Capital Group (ACGL), Cna Financial Corp (CNA), Cincinnati Financial (CINF), XL Group (XL), Everest Re Group Ltd (RE), Alleghany (Y), American Financial Group (AFG), W. R. Berkley Corp (WRB) and Partnerre Ltd (PRE).
Who are National Interstate's key executives?
National Interstate's management team includes the folowing people:
- Joseph E. Consolino, Chairman of the Board
- Anthony J. Mercurio, President, Chief Executive Officer, Director
- Julie A. McGraw, Chief Financial Officer, Vice President, Treasurer
- Arthur J. Gonzales, Senior Vice President, General Counsel, Secretary
- Terry E. Phillips, Senior Vice President
- Gary N. Monda, Chief Investment Officer, Vice President
- Ronald J. Brichler, Director
- Patrick J. Denzer, Director
- Gary J. Gruber, Director
- Keith A. Jensen, Director
How do I buy National Interstate stock?
Shares of National Interstate can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is National Interstate's stock price today?
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.
One share of National Interstate stock can currently be purchased for approximately $32.65.
Consensus Ratings for National Interstate (NASDAQ:NATL) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for National Interstate (NASDAQ:NATL)
(Data available from 5/29/2015 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 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) |
29.95% (Based on This Year's Estimates)
29.47% (Based on Next Year's Estimates)
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%Insider Trades by Quarter for National Interstate (NASDAQ:NATL)
Institutional Ownership Percentage: 84.89%
(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|| |
Headline Trends for National Interstate (NASDAQ:NATL)
Latest Headlines for National Interstate (NASDAQ:NATL)
National Interstate (NATL) Chart for Monday, May, 29, 2017