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: $883.52 million
  • Outstanding Shares: 42,173,000
Average Prices:
  • 50 Day Moving Avg: $20.89
  • 200 Day Moving Avg: $17.42
  • 52 Week Range: $10.09 - $21.51
P/E:
  • Trailing P/E Ratio: 16.37
  • Foreward P/E Ratio: 16.12
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $235.57 million
  • Price / Sales: 3.75
  • Book Value: $7.60 per share
  • Price / Book: 2.76
Dividend:
  • Annual Dividend: $0.24
  • Dividend Yield: 1.2%
Profitability:
  • EBIDTA: $91.47 million
  • Net Margins: 22.98%
  • Return on Equity: 17.65%
  • Return on Assets: 1.80%
Debt:
  • Debt-to-Equity Ratio: 0.14%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.99%
Misc:
  • Average Volume: 550,922 shs.
  • Beta: 1.09
  • Short Ratio: 0.27
 

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 Monday, August 21st. Stockholders of record on Monday, September 18th will be given a dividend of $0.06 per share on Monday, October 2nd. This represents a $0.24 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend is Friday, September 15th. View State National Companies' Dividend History.

How were State National Companies' earnings last quarter?

State National Companies, Inc. (NASDAQ:SNC) announced its quarterly earnings data on Monday, August, 8th. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by $0.01. The firm earned $48.98 million during the quarter, compared to the consensus estimate of $50.60 million. State National Companies had a net margin of 22.98% 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?

4 brokerages have issued 1-year price targets for State National Companies' stock. Their predictions range from $16.00 to $76.00. On average, they expect State National Companies' share price to reach $38.00 in the next year. View Analyst Ratings for State National Companies.

Who are some of State National Companies' key competitors?

Who are State National Companies' key executives?

State National Companies' management team includes the folowing people:

  • Terry Ledbetter Jr, Chairman of the Board, Chief Executive Officer
  • Matthew A Freeman, President
  • David Robert Hale, Chief Financial Officer, Chief Operating Officer, Executive Vice President
  • David Cleff, Executive Vice President - Business Affairs, General Counsel and Secretary
  • Trace Ledbetter, Executive Vice President - Service
  • John M. Pearson, Executive Vice President and National Sales Manager
  • Gene Becker, Independent Director
  • Marsha Cameron, Independent Director
  • David King J.D., Independent Director
  • Fred Reichelt, Independent Director

Who owns State National Companies stock?

State National Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Centerbridge Partners L.P. (9.83%), Vanguard Group Inc. (3.16%), Ameriprise Financial Inc. (2.93%), State Street Corp (1.30%), Dimensional Fund Advisors LP (1.25%) and NFC Investments LLC (1.04%). 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 Ameriprise Financial Inc., Wells Fargo & Company MN, Spark Investment Management LLC, Capital Impact Advisors LLC, OxFORD Asset Management LLP, Hodges Capital Management Inc., Bank of New York Mellon Corp and Goldman Sachs Group 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 purchased by a variety of institutional investors in the last quarter, including Ashford Capital Management Inc., Thrivent Financial For Lutherans, Precept Management LLC, Cadence Capital Management LLC, Dimensional Fund Advisors LP, Wedge Capital Management L L P NC, Alliancebernstein L.P. and LSV Asset Management. 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.

What is State National Companies' stock price today?

One share of State National Companies stock can currently be purchased for approximately $20.95.


MarketBeat Community Rating for State National Companies (NASDAQ SNC)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  86 (Vote Outperform)
Underperform Votes:  56 (Vote Underperform)
Total Votes:  142
MarketBeat's community ratings are surveys of what our community members think about State National Companies 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.

Analyst Ratings

Consensus Ratings for State National Companies (NASDAQ:SNC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $38.00 (81.38% upside)

Analysts' Ratings History for State National Companies (NASDAQ:SNC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/13/2017Canaccord GenuityReiterated RatingBuy$76.00LowView Rating Details
8/1/2017JMP SecuritiesDowngradeOutperform -> Market PerformLowView Rating Details
7/28/2017Singular ResearchDowngradeBuy -> SellLowView Rating Details
7/14/2017FBR & CoBoost Price TargetOutperform -> Outperform$18.00 -> $22.00MediumView Rating Details
6/2/2016Telsey Advisory GroupBoost Price TargetOutperform$15.00 -> $16.00N/AView Rating Details
(Data available from 9/24/2015 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: $1.18 EPS
Next Year EPS Consensus Estimate: $1.30 EPS

Dividends

Current Dividend Information for State National Companies (NASDAQ:SNC)
Next Dividend:10/2/2017
Annual Dividend:$0.24
Dividend Yield:1.15%
Payout Ratio:18.75% (Trailing 12 Months of Earnings)
20.34% (Based on This Year's Estimates)
18.46% (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
8/21/2017quarterly$0.061.15%9/15/20179/18/201710/2/2017
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: 57.24%
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
finance.yahoo.com logoA.M. Best Affirms Credit Ratings of State National Group’s Members
finance.yahoo.com - September 23 at 7:30 AM
americanbankingnews.com logoState National Companies, Inc. (SNC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 16 at 4:42 AM
americanbankingnews.com logoZacks Investment Research Upgrades State National Companies, Inc. (SNC) to Hold
www.americanbankingnews.com - September 13 at 8:32 PM
americanbankingnews.com logoState National Companies, Inc. (SNC) Earns "Buy" Rating from Canaccord Genuity
www.americanbankingnews.com - September 13 at 2:58 PM
americanbankingnews.com logoState National Companies (SNC) and Heritage Insurance Holdings (HRTG) Critical Comparison
www.americanbankingnews.com - September 13 at 9:34 AM
americanbankingnews.com logoComparing Loews Corporation (L) & State National Companies (SNC)
www.americanbankingnews.com - September 12 at 12:28 AM
americanbankingnews.com logoState National Companies, Inc. (SNC) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - September 1 at 7:12 AM
americanbankingnews.com logoState National Companies, Inc. (SNC) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 22 at 4:28 AM
americanbankingnews.com logoState National Companies, Inc. (SNC) Announces Quarterly Dividend of $0.06
www.americanbankingnews.com - August 21 at 6:24 PM
americanbankingnews.com logoFinancial Analysis: James River Group Holdings (JRVR) versus State National Companies (SNC)
www.americanbankingnews.com - August 18 at 8:12 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about State National Companies Inc.
finance.yahoo.com - August 10 at 8:00 AM
finance.yahoo.com logoETFs with exposure to State National Cos., Inc. : August 9, 2017
finance.yahoo.com - August 10 at 8:00 AM
finance.yahoo.com logoState National Companies Reports Second Quarter 2017 Results
finance.yahoo.com - August 9 at 7:37 AM
americanbankingnews.com logoValuEngine Downgrades State National Companies, Inc. (SNC) to Buy
www.americanbankingnews.com - August 1 at 11:38 PM
americanbankingnews.com logoState National Companies, Inc. (SNC) Cut to Market Perform at JMP Securities
www.americanbankingnews.com - August 1 at 4:42 PM
finance.yahoo.com logoThe Law Offices of Vincent Wong Reminds Investors of an Investigation into Possible Breaches of Fiduciary Duty by the Board of State National Companies, Inc. in Connection with the Sale of the Company to Markel Corporation
finance.yahoo.com - August 1 at 6:24 AM
finance.yahoo.com logoThe Law Offices of Vincent Wong Notifies Investors of an Investigation Into Possible Breaches of Fiduciary Duty by the Board of State National Companies, Inc. in Connection with the Sale of the Company to Markel Corporation
finance.yahoo.com - July 29 at 7:23 AM
finance.yahoo.com logoSHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of State National Companies, Inc. - SNC
finance.yahoo.com - July 29 at 7:23 AM
americanbankingnews.com logoSingular Research Downgrades State National Companies, Inc. (SNC) to Sell
www.americanbankingnews.com - July 28 at 10:25 AM
americanbankingnews.com logoState National Companies, Inc. (SNC) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 28 at 9:16 AM
finance.yahoo.com logoState National (SNC) Catches Eye: Stock Adds 6.1% in Session
finance.yahoo.com - July 28 at 8:05 AM
finance.yahoo.com logoState National (SNC) Catches Eye: Stock Adds 6.1% in Session
finance.yahoo.com - July 28 at 8:05 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of State National Companies, Inc. to Markel Corporation is Fair to Shareholders – SNC
finance.yahoo.com - July 28 at 8:05 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of State National Companies, Inc. to Markel Corporation is Fair to Shareholders – SNC
finance.yahoo.com - July 28 at 8:05 AM
finance.yahoo.com logoFeatured Company News - Markel Announces State National Cos.' Acquisition; Set to Expand its Specialty Insurance Portfolio
finance.yahoo.com - July 28 at 8:05 AM
finance.yahoo.com logoFeatured Company News - Markel Announces State National Cos.' Acquisition; Set to Expand its Specialty Insurance Portfolio
finance.yahoo.com - July 28 at 8:05 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of State National Companies, Inc. to Markel Corporation is Fair to Shareholders
finance.yahoo.com - July 27 at 7:34 AM
finance.yahoo.com logoA.M. Best Comments on Credit Ratings of State National Companies, Inc. and Its Subsidiaries
finance.yahoo.com - July 27 at 7:34 AM
finance.yahoo.com logoSTATE NATIONAL COMPANIES, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Investigates Sale to Markel Corporation
finance.yahoo.com - July 27 at 7:34 AM
finance.yahoo.com logoSTATE NATIONAL COMPANIES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
finance.yahoo.com - July 27 at 7:34 AM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of Proposed Sale of State National Cos.
finance.yahoo.com - July 27 at 7:34 AM
finance.yahoo.com logoRowley Law PLLC is Investigating State National Companies, Inc. and its Board of Directors for Potential Breaches of Fiduciary Duty
finance.yahoo.com - July 27 at 7:34 AM
americanbankingnews.com logoFBR & Co Boosts State National Companies, Inc. (NASDAQ:SNC) Price Target to $22.00
www.americanbankingnews.com - July 16 at 12:02 AM
americanbankingnews.com logoBidaskClub Lowers State National Companies, Inc. (NASDAQ:SNC) to Buy
www.americanbankingnews.com - July 13 at 12:08 AM
americanbankingnews.com logoState National Companies, Inc. (SNC) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - July 12 at 4:11 PM
americanbankingnews.com logoState National Companies, Inc. (SNC) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 3 at 9:12 AM
americanbankingnews.com logoReviewing CNA Financial Corporation (CNA) & State National Companies (SNC)
www.americanbankingnews.com - June 29 at 10:32 PM
finance.yahoo.com logoState National Cos., Inc. : SNC-US: Dividend Analysis : June 19th, 2017 (record date) : By the numbers : June 19, 2017
finance.yahoo.com - June 20 at 7:59 AM
finance.yahoo.com logoETFs with exposure to State National Cos., Inc. : June 9, 2017
finance.yahoo.com - June 9 at 8:07 PM
finance.yahoo.com logoState National Cos., Inc. :SNC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 8, 2017
finance.yahoo.com - June 8 at 11:39 PM
americanbankingnews.com logoState National Companies Inc (SNC) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - June 6 at 9:02 AM
americanbankingnews.com logoValuEngine Lowers State National Companies Inc (SNC) to Buy
www.americanbankingnews.com - May 27 at 3:14 PM
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

Social

Chart

State National Companies (SNC) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff