National General Holdings Corp., a specialty personal lines insurance holding company, provides various insurance products and services in the United States. The company operates in two segments, Property and Casualty, and Accident and Health. The Property and Casualty segment offers standard, preferred, and nonstandard automobile insurance products; and recreational vehicle (RV) insurance products that carry RV-specific endorsements comprising automatic personal effects coverage, optional replacement cost coverage, RV storage coverage, and full-time liability coverage. It also provides homeowners policies consisting of property and liability coverages for one-and two-family, and owner-occupied residences, as well as additional personal umbrella coverage to the homeowners. In addition, this segment offers small business automobile insurance products, which covers liability and physical damage caused by light-to-medium duty commercial vehicles; motorcycle insurance products for various types of motorcycles, as well as golf carts and all-terrain vehicles; and lender-placed insurance products, including fire, home, and flood products, as well as collateral protection insurance and guaranteed asset protection products for automobiles. The Accident and Health segment provides accident and non-major medical health insurance products, such as accident/AD&D coverage in the event of bodily injury or death due to accidental means; hospital indemnity; short term coverage post discharge from acute care/rehab center to the nursing home setting; and short-term medical plans. This segment also offers cancer/critical illness policies, stop loss programs for small and large employers, and basic dental and vision coverage products. In addition, it distributes life and health insurance to groups and individuals. The company was formerly known as American Capital Acquisition Corporation. National General Holdings Corp. was founded in 1939 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:NGHC
Previous Symbol
CUSIPN/A
Phone212-380-9500
Debt
Debt-to-Equity RatioN/A
Current Ratio0.57
Quick Ratio0.57
Price-To-Earnings
Trailing P/E Ratio23.83
Forward P/E Ratio11.10
P/E GrowthN/A
Sales & Book Value
Annual Sales$4.43 billion
Price / Sales0.63
Cash Flow$2.1278 per share
Price / Cash12.21
Book Value$14.87 per share
Price / Book1.75
Profitability
EPS (Most Recent Fiscal Year)$1.09
Net Income$105.84 million
Net Margins3.63%
Return on Equity15.64%
Return on Assets2.75%
Miscellaneous
Employees7,570
Outstanding Shares107,130,000
Market Cap$2.65 billion
OptionableOptionable
National General (NASDAQ:NGHC) Frequently Asked Questions
What is National General's stock symbol?
National General trades on the NASDAQ under the ticker symbol "NGHC."
How often does National General pay dividends? What is the dividend yield for National General?
National General announced a quarterly dividend on Tuesday, October 30th. Shareholders of record on Tuesday, January 1st will be paid a dividend of $0.04 per share on Tuesday, January 15th. This represents a $0.16 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Friday, December 28th. View National General's Dividend History.
How were National General's earnings last quarter?
National General Holdings Corp (NASDAQ:NGHC) released its quarterly earnings data on Tuesday, October, 30th. The insurance provider reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.25. The insurance provider earned $1.13 billion during the quarter, compared to the consensus estimate of $1.11 billion. National General had a net margin of 3.63% and a return on equity of 15.64%. The company's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.26 EPS. View National General's Earnings History.
When is National General's next earnings date?
What price target have analysts set for NGHC?
5 equities research analysts have issued 12 month target prices for National General's stock. Their forecasts range from $27.00 to $32.00. On average, they expect National General's share price to reach $30.20 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price. View Analyst Price Targets for National General.
What is the consensus analysts' recommendation for National General?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National General in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for National General.
Has National General been receiving favorable news coverage?
News coverage about NGHC stock has been trending somewhat positive recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. National General earned a news impact score of 1.6 on InfoTrie's scale. They also gave news stories about the insurance provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.
Who are some of National General's key competitors?
Some companies that are related to National General include W. R. Berkley (WRB), American Financial Group (AFG), Alleghany (Y), Everest Re Group (RE), RenaissanceRe (RNR), Kemper (KMPR), Hanover Insurance Group (THG), Axis Capital (AXS), Enstar Group (ESGR), Selective Insurance Group (SIGI), Mercury General (MCY), RLI (RLI), White Mountains Insurance Group (WTM), AmTrust Financial Services (AFSI) and Aspen Insurance (AHL).
Who are National General's key executives?
National General's management team includes the folowing people:
- Mr. Barry Samuel Karfunkel, Co-Chairman & CEO (Age 38)
- Mr. Robert Mark Karfunkel, Co-Chairman & Pres (Age 34)
- Mr. Michael Hal Weiner CFA, Exec. VP & CFO (Age 46)
- Mr. Peter Andrew Rendall, Chief Operating Officer, Exec. VP and Treasurer (Age 45)
- Mr. Jeffrey Allan Weissmann, Exec. VP, Gen. Counsel & Sec. (Age 40)
Who are National General's major shareholders?
National General's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.96%), Fuller & Thaler Asset Management Inc. (3.17%), Wells Fargo & Company MN (3.12%), Dimensional Fund Advisors LP (2.60%), Brown Advisory Inc. (1.37%) and PNC Financial Services Group Inc. (1.10%). Company insiders that own National General stock include Barry Karfunkel, John Drake Nichols, Michael Hal Weiner, Peter A Rendall, Robert Karfunkel and Thomas Newgarden. View Institutional Ownership Trends for National General.
Which major investors are selling National General stock?
NGHC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Fuller & Thaler Asset Management Inc., Russell Investments Group Ltd., Prudential Financial Inc., Elk Creek Partners LLC, Wells Fargo & Company MN and PNC Financial Services Group Inc.. Company insiders that have sold National General company stock in the last year include Peter A Rendall and Thomas Newgarden. View Insider Buying and Selling for National General.
Which major investors are buying National General stock?
NGHC stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, James Investment Research Inc., Bank of Montreal Can, Matarin Capital Management LLC, State Board of Administration of Florida Retirement System, BlackRock Inc., AXA and Zeke Capital Advisors LLC. Company insiders that have bought National General stock in the last two years include Barry Karfunkel, John Drake Nichols and Robert Karfunkel. View Insider Buying and Selling for National General.
How do I buy shares of National General?
Shares of NGHC 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 General's stock price today?
One share of NGHC stock can currently be purchased for approximately $25.98.
How big of a company is National General?
National General has a market capitalization of $2.65 billion and generates $4.43 billion in revenue each year. The insurance provider earns $105.84 million in net income (profit) each year or $1.09 on an earnings per share basis. National General employs 7,570 workers across the globe.
What is National General's official website?
How can I contact National General?
National General's mailing address is 59 MAIDEN LANE 38TH FLOOR, NEW YORK NY, 10038. The insurance provider can be reached via phone at 212-380-9500 or via email at [email protected]
MarketBeat Community Rating for National General (NASDAQ NGHC)
MarketBeat's community ratings are surveys of what our community members think about National General and other stocks. Vote "Outperform" if you believe NGHC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NGHC will underperform the S&P 500 over the long term. You may vote once every thirty days.
