State National Companies Company Profile (NASDAQ:SNC)

About State National Companies (NASDAQ:SNC)

State National Companies logoState National Companies, Inc. is a specialty provider of property and casualty insurance. The Company's segments include Program Services, Lender Services and Corporate. In the Program Services segment, the Company operates an issuing carrier (fronting) business to provide insurance capacity access to the United States property and casualty insurance markets. In the Lender Services segment, the Company specializes in providing collateral protection insurance, which insures automobiles held as collateral for loans made by financial institutions. The Company writes its insurance business through its insurance company subsidiaries, which include State National Insurance Company, Inc. (SNIC), National Specialty Insurance Company (NSIC) and United Specialty Insurance Company (USIC). As of December 31, 2016, SNIC and NSIC were admitted carriers licensed to write property and casualty business in all 50 states and the District of Columbia. USIC is an admitted carrier in Delaware.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: N/A
  • Symbol: NASDAQ:SNC
  • CUSIP: N/A
  • Web: www.statenational.com
Capitalization:
  • Market Cap: $707.24 million
  • Outstanding Shares: 42,173,000
Average Prices:
  • 50 Day Moving Avg: $15.04
  • 200 Day Moving Avg: $14.03
  • 52 Week Range: $9.90 - $16.99
P/E:
  • Trailing P/E Ratio: 13.97
  • Foreward P/E Ratio: 11.57
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $225.96 million
  • Price / Sales: 3.13
  • Book Value: $7.28 per share
  • Price / Book: 2.30
Dividend:
  • Annual Dividend: $0.24
  • Dividend Yield: 1.5%
Profitability:
  • EBIDTA: $86.4 million
  • Net Margins: 23.03%
  • Return on Equity: 17.65%
  • Return on Assets: 1.92%
Debt:
  • Debt-to-Equity Ratio: 0.15%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.99%
Misc:
  • Average Volume: 129,245 shs.
  • Beta: 1.04
  • Short Ratio: 1.03
 

Frequently Asked Questions for State National Companies (NASDAQ:SNC)

What is State National Companies' stock symbol?

State National Companies trades on the NASDAQ under the ticker symbol "SNC."

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

State National Companies declared a quarterly dividend on Friday, May 19th. Stockholders of record on Monday, June 19th will be given a dividend of $0.06 per share on Monday, July 3rd. This represents a $0.24 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, June 15th. View State National Companies' Dividend History.

How were State National Companies' earnings last quarter?

State National Companies Inc (NASDAQ:SNC) released its earnings results on Monday, August, 8th. The company reported $0.24 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.01. The firm had revenue of $48.98 million for the quarter, compared to analyst estimates of $50.60 million. State National Companies had a net margin of 23.03% and a return on equity of 17.65%. View State National Companies' Earnings History.

Where is State National Companies' stock going? Where will State National Companies' stock price be in 2017?

5 equities research analysts have issued 12 month price objectives for State National Companies' stock. Their predictions range from $15.00 to $67.00. On average, they anticipate State National Companies' stock price to reach $26.00 in the next year. View Analyst Ratings for State National Companies.

Who are some of State National Companies' key competitors?

Who owns State National Companies stock?

State National Companies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (3.91%), Vanguard Group Inc. (3.10%), Wellington Management Group LLP (2.02%), Renaissance Technologies LLC (1.17%), Dimensional Fund Advisors LP (1.08%) and Boston Partners (1.01%). View Institutional Ownership Trends for State National Companies.

Who sold State National Companies stock? Who is selling State National Companies stock?

State National Companies' stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Morgan Stanley, Hodges Capital Management Inc., Goldman Sachs Group Inc., Teachers Advisors LLC, First Trust Advisors LP, JPMorgan Chase & Co. and Ameriprise Financial Inc.. View Insider Buying and Selling for State National Companies.

Who bought State National Companies stock? Who is buying State National Companies stock?

State National Companies' stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Dimensional Fund Advisors LP, LSV Asset Management, Wells Fargo & Company MN, Oxford Asset Management, Ativo Capital Management LLC, Hillsdale Investment Management Inc. and Silver Capital Management LLC. View Insider Buying and Selling for State National Companies.

How do I buy State National Companies stock?

Shares of State National Companies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of State National Companies stock cost?

One share of State National Companies stock can currently be purchased for approximately $16.77.

Analyst Ratings

Consensus Ratings for State National Companies (NASDAQ:SNC) (?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $26.00 (55.04% upside)

Analysts' Ratings History for State National Companies (NASDAQ:SNC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/22/2017FBR & CoReiterated RatingBuyMediumView Rating Details
1/23/2017JMP SecuritiesBoost Price TargetOutperform$14.00 -> $16.00N/AView Rating Details
12/25/2016Canaccord GenuityUpgradeBuy$67.00N/AView Rating Details
9/6/2016Singular ResearchInitiated CoverageBuy$15.00N/AView Rating Details
6/2/2016Telsey Advisory GroupBoost Price TargetOutperform$15.00 -> $16.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for State National Companies (NASDAQ:SNC)
Earnings by Quarter for State National Companies (NASDAQ:SNC)
Earnings History by Quarter for State National Companies (NASDAQ:SNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017Q416$0.28$0.33$52.73 million$60.10 millionViewN/AView Earnings Details
8/8/2016Q2$0.25$0.24$50.60 million$48.98 millionViewListenView Earnings Details
5/9/2016Q1$0.24$0.23$50.10 million$50.10 millionViewListenView Earnings Details
3/10/2016Q4$0.23$0.32$48.30 million$55.30 millionViewListenView Earnings Details
11/12/2015Q3$0.24$0.28$51.20 million$51.15 millionViewListenView Earnings Details
8/12/2015Q215$0.22$0.22$49.20 million$46.40 millionViewListenView Earnings Details
5/14/2015Q115$0.20$0.20$45.10 million$46.10 millionViewListenView Earnings Details
3/19/2015Q414$0.18$0.18$43.10 million$43.03 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for State National Companies (NASDAQ:SNC)
Current Year EPS Consensus Estimate: $1.22 EPS
Next Year EPS Consensus Estimate: $1.45 EPS

Dividends

Current Dividend Information for State National Companies (NASDAQ:SNC)
Next Dividend:7/3/2017
Annual Dividend:$0.24
Dividend Yield:1.43%
Payout Ratio:20.69% (Trailing 12 Months of Earnings)
19.67% (Based on This Year's Estimates)
16.55% (Based on Next Year's Estimates)
Dividend Payments by Quarter for State National Companies (NASDAQ:SNC)

Dividend History by Quarter for State National Companies (NASDAQ:SNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/19/2017quarterly$0.061.49%6/15/20176/19/20177/3/2017
2/17/2017quarterly$0.061.85%3/16/20173/20/20174/4/2017
11/17/2016quarterly$0.061.83%12/14/201612/16/201612/30/2016
9/2/2016quarterly$0.062.31%9/28/20169/30/201610/17/2016
6/6/2016quarterly$0.062.24%6/30/20167/5/20167/20/2016
2/25/2016quarterly$0.062.14%3/22/20163/25/20164/11/2016
11/19/2015quarterly$0.062.51%12/14/201512/16/201512/30/2015
8/13/2015quarterly$0.062.35%9/9/20159/11/20159/28/2015
5/21/2015quarterly$0.010.39%6/17/20156/19/20157/6/2015
2/26/2015quarterly$0.010.41%3/25/20153/27/20154/13/2015
11/12/2014$0.0112/10/201412/12/201412/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for State National Companies (NASDAQ:SNC)
Insider Ownership Percentage: 32.20%
Institutional Ownership Percentage: 51.55%
Insider Trades by Quarter for State National Companies (NASDAQ:SNC)
Institutional Ownership by Quarter for State National Companies (NASDAQ:SNC)
Insider Trades by Quarter for State National Companies (NASDAQ:SNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/19/2015Eugene BeckerDirectorBuy2,000$9.65$19,300.00View SEC Filing  
6/1/2015Eugene BeckerDirectorBuy2,000$10.82$21,640.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for State National Companies (NASDAQ:SNC)
Latest Headlines for State National Companies (NASDAQ:SNC)
Source:
DateHeadline
americanbankingnews.com logoState National Companies Inc (SNC) Given Buy Rating at FBR & Co
www.americanbankingnews.com - May 22 at 1:24 PM
americanbankingnews.com logoState National Companies Inc (SNC) to Issue $0.06 Quarterly Dividend
www.americanbankingnews.com - May 19 at 6:16 PM
seekingalpha.com logoState National Companies, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 13 at 8:19 AM
americanbankingnews.com logoState National Companies Inc (SNC) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 13 at 7:16 AM
americanbankingnews.com logoState National Companies Inc (SNC) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 12 at 10:44 AM
seekingalpha.com logoState National Companies' (SNC) CEO Terry Ledbetter on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 1:56 AM
finance.yahoo.com logoEdited Transcript of SNC earnings conference call or presentation 11-May-17 2:00pm GMT
finance.yahoo.com - May 12 at 1:56 AM
finance.yahoo.com logoInvestor Network: State National Cos., Inc. to Host Earnings Call
finance.yahoo.com - May 11 at 8:55 PM
finance.yahoo.com logoState National Companies Reports First Quarter 2017 Results
finance.yahoo.com - May 10 at 8:12 PM
americanbankingnews.com logoState National Companies (SNC) Given News Sentiment Score of 0.41
www.americanbankingnews.com - May 3 at 12:48 AM
finance.yahoo.com logoState National Companies Announces New Program Services Clients
finance.yahoo.com - May 1 at 7:07 PM
americanbankingnews.com logoState National Companies (SNC) Receiving Somewhat Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 28 at 5:12 PM
americanbankingnews.com logoState National Companies (SNC) Receiving Favorable Media Coverage, Report Finds
www.americanbankingnews.com - April 24 at 7:26 PM
finance.yahoo.com logoFrench stocks slide after Paris attack fuels election uncertainty
finance.yahoo.com - April 21 at 7:40 PM
americanbankingnews.com logoState National Companies (SNC) Getting Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 21 at 7:20 PM
americanbankingnews.com logoState National Companies Inc (SNC) Short Interest Up 21.1% in March
www.americanbankingnews.com - April 18 at 7:48 PM
finance.yahoo.com logoState National Companies Announces First Quarter 2017 Earnings Release & Conference Call Schedule
finance.yahoo.com - April 18 at 7:08 PM
americanbankingnews.com logoState National Companies (SNC) Given News Impact Score of 0.44
www.americanbankingnews.com - April 17 at 1:26 PM
americanbankingnews.com logoState National Companies Inc (SNC) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 17 at 10:19 AM
americanbankingnews.com logoState National Companies (SNC) Receiving Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 14 at 9:53 PM
finance.yahoo.com logoState National Cos., Inc. : SNC-US: Dividend Analysis : March 20th, 2017 (record date) : By the numbers : April 7, 2017
finance.yahoo.com - April 7 at 9:35 PM
americanbankingnews.com logoState National Companies Inc (SNC) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 21 at 1:23 PM
finance.yahoo.com logoSTATE NATIONAL COMPANIES, INC. Financials
finance.yahoo.com - March 18 at 7:05 PM
biz.yahoo.com logoSTATE NATIONAL COMPANIES, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 14 at 7:22 PM
finance.yahoo.com logoA.M. Best Assigns Credit Ratings to City National Insurance Company and Independent Specialty Insurance Company
finance.yahoo.com - March 9 at 7:51 PM
finance.yahoo.com logoState National Companies to Present at NYSSA 21st Annual Insurance Industry Conference
finance.yahoo.com - March 3 at 7:55 PM
finance.yahoo.com logoEdited Transcript of SNC earnings conference call or presentation 24-Feb-17 2:00pm GMT
finance.yahoo.com - February 27 at 4:41 PM
seekingalpha.com logoState National Companies' (SNC) CEO Terry Ledbetter on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 26 at 11:25 AM
reuters.com logoBRIEF-State National Q4 earnings per share $0.33
www.reuters.com - February 24 at 7:27 AM
seekingalpha.com logoState National Companies EPS of $0.33
seekingalpha.com - February 23 at 8:04 PM
biz.yahoo.com logoQ4 2016 State National Companies Inc Earnings Release - After Market Close
biz.yahoo.com - February 23 at 8:04 PM
finance.yahoo.com logoState National Companies Reports Fourth Quarter and Full Year 2016 Results
finance.yahoo.com - February 23 at 8:04 PM
biz.yahoo.com logoSTATE NATIONAL COMPANIES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement
biz.yahoo.com - February 23 at 8:04 PM
finance.yahoo.com logoState National Companies Announces Revised Fourth Quarter and Full Year 2016 Earnings Release & Conference Call Schedule
finance.yahoo.com - February 17 at 7:29 PM
finance.yahoo.com logoState National Companies Announces Quarterly Cash Dividend
finance.yahoo.com - February 16 at 7:40 PM
finance.yahoo.com logoState National Companies Announces Fourth Quarter and Full Year 2016 Earnings Release & Conference Call Schedule
finance.yahoo.com - February 10 at 4:16 AM
finance.yahoo.com logoArch Capital and Units Receive Rating Action from Moody's
finance.yahoo.com - January 17 at 12:39 PM
finance.yahoo.com logo5 Profitable Stocks to Buy for Great Returns
finance.yahoo.com - December 28 at 9:11 AM
seekingalpha.com logoState National Presents At Singular Research's Uncovered Values Webcast - Slide Show
seekingalpha.com - December 26 at 7:08 PM
seekingalpha.com logoState National May Be Unusual And Almost Unknown, But It's A Business Worth Following
seekingalpha.com - December 8 at 12:56 AM
finance.yahoo.com logoIs State National Companies an Incredible Momentum Stock? 3 Reasons Why SNC Will Be Tough to Beat
finance.yahoo.com - November 28 at 5:30 PM
finance.yahoo.com logoMoving Average Crossover Alert: State National (SNC)
finance.yahoo.com - November 23 at 7:47 PM
streetinsider.com logoCardinal State Bank (SNC) Extends $50M Stock Buyback Progrma
www.streetinsider.com - November 23 at 10:47 AM
finance.yahoo.com logo4:07 pm State National Cos announces that its Board of Directors has approved an extension of the Company's on-going stock repurchase program
finance.yahoo.com - November 22 at 7:43 PM
finance.yahoo.com logoEdited Transcript of SNC earnings conference call or presentation 10-Nov-16 3:00pm GMT
finance.yahoo.com - November 11 at 10:31 AM
finance.yahoo.com logoState National Companies Reports Third Quarter 2016 Results
finance.yahoo.com - November 10 at 7:31 PM
cnbc.com logoState National Cos. posts 3Q profit
www.cnbc.com - November 9 at 7:35 PM
biz.yahoo.com logoQ3 2016 State National Companies Inc Earnings Release - After Market Close
biz.yahoo.com - November 9 at 10:18 AM
finance.yahoo.com logoState National Companies to Present at the Singular Research 11th Annual "Best of the Uncovereds" Investment Conference
finance.yahoo.com - September 14 at 7:33 PM
finance.yahoo.com logoCoverage initiated on State National Cos by Singular Research
finance.yahoo.com - September 6 at 7:30 PM

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Chart

State National Companies (SNC) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff