NASDAQ:NGHCNational General Stock Price, Forecast & News

$22.33

+1.14 (+5.38 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$21.89

Now: $22.33▼

$22.63

50-Day Range

$15.42

MA: $18.31▼

$21.03

52-Week Range

$11.82

Now: $22.33▼

$25.39

Volume397,321 shs

Average Volume294,037 shs

Market Capitalization$2.54 billion

P/E Ratio8.00

Dividend Yield0.94%

Beta0.83

National General Holdings Corp., a specialty personal lines insurance holding company, provides various insurance products and services in the United States, Bermuda, Luxembourg, and Sweden. The company's 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; and 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, 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. It sells its products through retail store fronts, Web/mobile, phone contact centers, and kiosks; and agents and affinity partners. The company's 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 medical plans; cancer/critical illness policies; basic dental coverage; and life insurance products for individuals, as well as stop loss programs for employers. It sells its products through agents, managing general underwriters, employers, Internet; and directly. 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.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
National General has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.33, National General has a potential upside of 35.8% from its current price of $22.33.
Amount of Analyst Coverage
National General has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
National General has received 253 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
National General has received 283 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
National General has received 52.80% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
National General is a leading dividend payer. It pays a dividend yield of 0.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
National General has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of National General is 7.27 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, National General will have a dividend payout ratio of 6.25 % next year. This indicates that National General will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, National General insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.45% of the stock of National General is held by insiders.
Percentage Held by Institutions
52.65% of the stock of National General is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for National General are expected to decrease by -0.31% in the coming year, from $3.21 to $3.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of National General is 8.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of National General is 8.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.86.
Price to Book Value per Share Ratio
National General has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.23 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Fire, marine, & casualty insurance

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:NGHC

Previous Symbol

CUSIPN/A

CIK1578735

Webwww.nationalgeneral.com

Phone212-380-9500

Debt

Debt-to-Equity RatioN/A

Current Ratio0.55

Quick Ratio0.55

Price-To-Earnings

Trailing P/E Ratio8.00

Forward P/E Ratio6.96

P/E GrowthN/A

Sales & Book Value

Annual Sales$5.18 billion

Price / Sales0.49

Cash Flow$4.17 per share

Price / Cash Flow5.35

Book Value$19.13 per share

Price / Book1.17

Profitability

EPS (Most Recent Fiscal Year)$2.75

Net Income$348.07 million

Net Margins6.60%

Return on Equity16.97%

Return on Assets3.66%

Miscellaneous

Employees9,200

Outstanding Shares113,750,000

Market Cap$2.54 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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National General (NASDAQ:NGHC) Frequently Asked Questions

How has National General's stock been impacted by COVID-19 (Coronavirus)?

National General's stock was trading at $17.20 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NGHC shares have increased by 29.8% and is now trading at $22.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of National General?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National General in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for National General.

When is National General's next earnings date?

National General is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for National General.

How were National General's earnings last quarter?

National General Holdings Corp (NASDAQ:NGHC) announced its quarterly earnings results on Wednesday, April, 29th. The insurance provider reported $0.91 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.86 by $0.05. The insurance provider had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.45 billion. National General had a net margin of 6.60% and a return on equity of 16.97%. The company's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.77 earnings per share. View National General's earnings history.

How often does National General pay dividends? What is the dividend yield for National General?

National General announced a quarterly dividend on Thursday, April 30th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.05 per share on Wednesday, July 15th. This represents a $0.20 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Tuesday, June 30th. View National General's dividend history.

What price target have analysts set for NGHC?

3 equities research analysts have issued 1 year target prices for National General's shares. Their forecasts range from $26.00 to $36.00. On average, they anticipate National General's share price to reach $30.33 in the next year. This suggests a possible upside of 35.8% from the stock's current price. View analysts' price targets for National General.

Has National General been receiving favorable news coverage?

Headlines about NGHC stock have been trending very negative on Saturday, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. National General earned a media sentiment score of -3.1 on InfoTrie's scale. They also assigned media coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutNational General.

Are investors shorting National General?

National General saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 417,800 shares, an increase of 12.6% from the April 30th total of 370,900 shares. Based on an average trading volume of 375,400 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.6% of the shares of the stock are sold short. View National General's Current Options Chain.

Who are some of National General's key competitors?

Some companies that are related to National General include Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Cna Financial (CNA), RenaissanceRe (RNR), Alleghany (Y), American Financial Group (AFG), Kemper (KMPR), Hanover Insurance Group (THG), RLI (RLI), Kinsale Capital Group (KNSL), Enstar Group (ESGR), Axis Capital (AXS), Selective Insurance Group (SIGI), White Mountains Insurance Group (WTM), Mercury General (MCY) and Palomar (PLMR). View all competitors.

What other stocks do shareholders of National General own?

Based on aggregate information from My MarketBeat watchlists, some companies that other National General investors own include Intelsat (I), Fossil Group (FOSL), AMC Entertainment (AMC), Bank of America (BAC), Apollo Global Management (APO), Associated British Foods (ABF), Chaarat Gold (CGH), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and First Data (FDC).

Who are National General's key executives?

National General's management team includes the following people:

Mr. Barry Samuel Karfunkel, CEO & Co-Chairman (Age 39)
Mr. Robert Mark Karfunkel, Pres & Co-Chairman (Age 35)
Mr. Michael Hal Weiner C.F.A., CFA, Exec. VP & CFO (Age 47)
Mr. Peter Andrew Rendall, Exec. VP & COO (Age 46)
Mr. Jeffrey Allan Weissmann, Exec. VP, Gen. Counsel & Sec. (Age 41)

What is National General's stock symbol?

National General trades on the NASDAQ under the ticker symbol "NGHC."

Who are National General's major shareholders?

National General's stock is owned by a variety of institutional and retail investors. Top institutional investors include Park West Asset Management LLC (5.07%), BlackRock Inc. (4.82%), Fuller & Thaler Asset Management Inc. (3.40%), Wells Fargo & Company MN (1.91%), Nut Tree Capital Management LP (1.63%) and State Street Corp (1.24%). Company insiders that own National General stock include Barry Karfunkel, Michael Hal Weiner, Peter A Rendall and Robert Karfunkel. View institutional ownership trends for National General.

Which institutional investors are selling National General stock?

NGHC stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Philadelphia Financial Management of San Francisco LLC, First Quadrant L P CA, Mackay Shields LLC, Federated Hermes Inc., Morgan Stanley, Morgan Stanley, and Fuller & Thaler Asset Management Inc.. Company insiders that have sold National General company stock in the last year include Michael Hal Weiner, and Peter A Rendall. View insider buying and selling activity for National General.

Which institutional investors are buying National General stock?

NGHC stock was purchased by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, BlackRock Inc., Park West Asset Management LLC, Nut Tree Capital Management LP, Nuveen Asset Management LLC, Parametric Portfolio Associates LLC, AQR Capital Management LLC, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have bought National General stock in the last two years include Barry Karfunkel, and Robert Karfunkel. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is National General's stock price today?

One share of NGHC stock can currently be purchased for approximately $22.33.

How big of a company is National General?

National General has a market capitalization of $2.54 billion and generates $5.18 billion in revenue each year. The insurance provider earns $348.07 million in net income (profit) each year or $2.75 on an earnings per share basis. National General employs 9,200 workers across the globe.

What is National General's official website?

The official website for National General is www.nationalgeneral.com.

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff