National Western Life Group, Inc., through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company. It operates through Domestic Life Insurance, International Life Insurance, Annuities, and ONL and Affiliates segments. The company provides life products, including universal life insurance, interest-sensitive whole life, and traditional products, such as term insurance coverage; and annuity products comprising flexible premium and single premium deferred annuities, equity-index annuities, and single premium immediate annuities. The company also engages in the real estate and other investment activities. It markets and distributes its insurance products primarily through independent national marketing organizations. The company was founded in 1956 and is based in Austin, Texas.
National Western Life Group Trading Down 1.3 %
Shares of NWLI traded down $2.73 on Wednesday, reaching $201.67. 1,649 shares of the company's stock traded hands, compared to its average volume of 7,335. The stock's 50 day simple moving average is $202.68 and its two-hundred day simple moving average is $206.50. National Western Life Group has a 52-week low of $192.66 and a 52-week high of $236.97. The stock has a market cap of $734.08 million, a PE ratio of 5.26 and a beta of 0.91.
National Western Life Group (NASDAQ:NWLI - Get Rating) last released its earnings results on Monday, August 8th. The financial services provider reported $8.70 EPS for the quarter. The company had revenue of $117.16 million for the quarter. National Western Life Group had a return on equity of 5.55% and a net margin of 21.15%.