NASDAQ:SNC - State National Companies Stock Price, Price Target & More

$21.02 +0.01 (+0.05 %)
(As of 04/20/2018 04:00 PM ET)
Previous Close$21.02
Today's Range$20.99 - $21.02
52-Week Range$12.00 - $21.51
Volume235,409 shs
Average Volume264,329 shs
Market Capitalization$886.49 million
P/E RatioN/A
Dividend Yield1.14%
BetaN/A

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.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNASDAQ:SNC
CUSIPN/A
Phone+1-817-2652000

Debt

Debt-to-Equity Ratio0.13%
Current Ratio0.99%
Quick Ratio0.99%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$217.07 million
Price / Sales4.08
Cash Flow$1.2701 per share
Price / Cash16.55
Book Value$7.07 per share
Price / Book2.97

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$49.07 million
Net Margins23.91%
Return on Equity18.02%
Return on Assets1.72%

Miscellaneous

Employees400
Outstanding Shares42,170,000

How to Become a New Pot Stock Millionaire

State National Companies (NASDAQ:SNC) Frequently Asked Questions

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 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Friday, September 15th. View State National Companies' Dividend History.

How were State National Companies' earnings last quarter?

State National Companies Inc (NASDAQ:SNC) issued its earnings results on Monday, August, 8th. The insurance provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.01. The insurance provider earned $48.98 million during the quarter, compared to analyst estimates of $50.60 million. State National Companies had a return on equity of 18.02% and a net margin of 23.91%. View State National Companies' Earnings History.

What price target have analysts set for SNC?

7 analysts have issued 1 year target prices for State National Companies' stock. Their forecasts range from $22.00 to $77.00. On average, they expect State National Companies' share price to reach $59.50 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 Lee Ledbetter Jr, Chairman of the Board, Chief Executive Officer (Age 64)
  • Matthew A. Freeman, President (Age 41)
  • David Robert Hale, Chief Financial Officer, Chief Operating Officer, Executive Vice President (Age 63)
  • David Cleff, Executive Vice President - Business Affairs, General Counsel and Secretary (Age 49)
  • Luke Ledbetter, Executive Vice President and Chief Underwriting Officer of Program Services (Age 35)
  • Trace Ledbetter, Executive Vice President - Service (Age 46)
  • John M. Pearson, Executive Vice President and National Sales Manager (Age 60)
  • Gene Becker, Independent Director (Age 67)
  • Marsha Cameron, Independent Director (Age 62)
  • David King J.D., Independent Director (Age 58)

Has State National Companies been receiving favorable news coverage?

Media headlines about SNC stock have been trending somewhat positive this week, according to Accern. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. State National Companies earned a coverage optimism score of 0.02 on Accern's scale. They also gave headlines about the insurance provider an impact score of 46.28 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

How do I buy shares of State National Companies?

Shares of SNC 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 State National Companies' stock price today?

One share of SNC stock can currently be purchased for approximately $21.02.

How big of a company is State National Companies?

State National Companies has a market capitalization of $886.49 million and generates $217.07 million in revenue each year. State National Companies employs 400 workers across the globe.

How can I contact State National Companies?

State National Companies' mailing address is 1900 L Don Dodson Dr, BEDFORD, TX 76021-8222, United States. The insurance provider can be reached via phone at +1-817-2652000.


MarketBeat Community Rating for State National Companies (SNC)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  98 (Vote Underperform)
Total Votes:  222
MarketBeat's community ratings are surveys of what our community members think about State National Companies and other stocks. Vote "Outperform" if you believe SNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNC will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

State National Companies (NASDAQ:SNC) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
7 Wall Street analysts have issued ratings and price targets for State National Companies in the last 12 months. Their average twelve-month price target is $59.50, suggesting that the stock has a possible upside of 183.06%. The high price target for SNC is $77.00 and the low price target for SNC is $22.00. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.432.432.432.20
Ratings Breakdown: 1 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $59.50$59.50$50.80$45.25
Price Target Upside: 183.06% upside183.06% upside141.67% upside114.96% upside

State National Companies (NASDAQ:SNC) Consensus Price Target History

Price Target History for State National Companies (NASDAQ:SNC)

State National Companies (NASDAQ:SNC) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/21/2017Canaccord GenuityReiterated RatingBuy$77.00N/AView Rating Details
11/6/2017B. RileyReiterated RatingBuyN/AView Rating Details
11/3/2017DesjardinsReiterated RatingBuy$72.00N/AView Rating Details
10/23/2017Royal Bank of CanadaReiterated RatingBuy$67.00N/AView Rating Details
10/10/2017FBR & CoReiterated RatingBuy -> NeutralN/AView Rating Details
8/1/2017JMP SecuritiesDowngradeOutperform -> Market PerformLowView Rating Details
7/28/2017Singular ResearchDowngradeBuy -> SellLowView Rating Details
6/2/2016Telsey Advisory GroupBoost Price TargetOutperform$15.00 -> $16.00N/AView Rating Details
(Data available from 4/21/2016 forward)

Earnings

State National Companies (NASDAQ:SNC) Earnings History and Estimates Chart

Earnings by Quarter for State National Companies (NASDAQ:SNC)

State National Companies (NASDAQ:SNC) Earnings Estimates

Current Year EPS Consensus Estimate: $1.18 EPS
Next Year EPS Consensus Estimate: $1.3 EPS

State National Companies (NASDAQ SNC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017Q3 2017$0.32$0.34$60.30 million$61.45 millionViewN/AView Earnings Details
8/8/2017Q2 2017$0.28$0.30$58.60 million$58.60 millionViewN/AView Earnings Details
5/10/2017Q1 2017$0.27$0.27$55.10 million$58.99 millionViewN/AView Earnings Details
2/23/2017Q416$0.28$0.33$52.73 million$60.10 millionViewN/AView Earnings Details
11/9/2016Q3 2016$0.24$0.37$51.50 million$57.92 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
11/17/2014Q3 2014$0.17$40.57 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

State National Companies (NASDAQ:SNC) Dividend Information

State National Companies pays an annual dividend of $0.24 per share, with a dividend yield of 1.14%. SNC's most recent quarterly dividend payment was Monday, October 2.
Most Recent Dividend:10/2/2017
Annual Dividend:$0.24
Dividend Yield:1.14%
Payout Ratio: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)

State National Companies (NASDAQ:SNC) Dividend History by Quarter

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

State National Companies (NASDAQ SNC) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 34.80%
Institutional Ownership Percentage: 58.57%
Insider Trading History for State National Companies (NASDAQ:SNC)
Insider Trading History for State National Companies (NASDAQ:SNC)

State National Companies (NASDAQ SNC) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/19/2015Eugene BeckerDirectorBuy2,000$9.65$19,300.005,727View SEC Filing  
6/1/2015Eugene BeckerDirectorBuy2,000$10.82$21,640.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

State National Companies (NASDAQ SNC) News Headlines

Source:
DateHeadline
State National Companies (SNC) Raised to "Strong-Buy" at BidaskClubState National Companies (SNC) Raised to "Strong-Buy" at BidaskClub
www.americanbankingnews.com - April 14 at 9:13 PM
B. Riley Reaffirms Buy Rating for State National Companies (SNC)B. Riley Reaffirms Buy Rating for State National Companies (SNC)
www.americanbankingnews.com - April 1 at 7:24 AM
Financial Analysis: Endurance Specialty (ENH) & State National Companies (SNC)Financial Analysis: Endurance Specialty (ENH) & State National Companies (SNC)
www.americanbankingnews.com - March 31 at 3:06 AM
Head-To-Head Review: State National Companies (SNC) & Endurance Specialty (ENH)Head-To-Head Review: State National Companies (SNC) & Endurance Specialty (ENH)
www.americanbankingnews.com - March 27 at 11:25 AM
The Morning Risk Report: U.K. Signals Potential End to Scottish Shell CompaniesThe Morning Risk Report: U.K. Signals Potential End to Scottish Shell Companies
blogs.wsj.com - March 23 at 9:48 AM
Some of the companies that are working on driverless car technologySome of the companies that are working on driverless car technology
abcnews.go.com - March 22 at 10:09 AM
National real estate investor expands Louisville portfolio with Phoenix Hill purchaseNational real estate investor expands Louisville portfolio with Phoenix Hill purchase
www.bizjournals.com - March 21 at 11:09 AM
Head to Head Comparison: State National Companies (SNC) and Endurance Specialty (ENH)Head to Head Comparison: State National Companies (SNC) and Endurance Specialty (ENH)
www.americanbankingnews.com - March 18 at 1:04 AM
State National Companies Inc (SNC) Receives Average Rating of "Hold" from AnalystsState National Companies Inc (SNC) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - March 10 at 3:54 AM
State National Companies Inc (SNC) Receives Average Recommendation of "Hold" from BrokeragesState National Companies Inc (SNC) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - February 13 at 3:30 AM
Enovation Brands, Inc. Announces the Launch of Gemma di Luna Pinot GrigioEnovation Brands, Inc. Announces the Launch of Gemma di Luna Pinot Grigio
www.bizjournals.com - February 8 at 4:40 PM
Comparing State National Companies (SNC) and Montpelier Re (MRH)Comparing State National Companies (SNC) and Montpelier Re (MRH)
www.americanbankingnews.com - February 5 at 3:12 PM
Analyzing Universal Insurance (UVE) & State National Companies (SNC)Analyzing Universal Insurance (UVE) & State National Companies (SNC)
www.americanbankingnews.com - January 24 at 5:14 AM
American National Bankshares Inc. Announces a Stock Repurchase PlanAmerican National Bankshares Inc. Announces a Stock Repurchase Plan
www.nasdaq.com - January 19 at 4:03 PM
State National Companies Inc (SNC) Given Consensus Rating of "Hold" by BrokeragesState National Companies Inc (SNC) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - January 19 at 3:58 AM
State National Companies Inc (SNC) Receives Consensus Recommendation of "Hold" from BrokeragesState National Companies Inc (SNC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - December 25 at 3:57 AM
Canaccord Genuity Reaffirms "Buy" Rating for State National Companies (SNC)Canaccord Genuity Reaffirms "Buy" Rating for State National Companies (SNC)
www.americanbankingnews.com - December 22 at 1:38 PM
Strategy and Management Services, Inc. (SAMS) Awarded National Guard ContractStrategy and Management Services, Inc. (SAMS) Awarded National Guard Contract
www.bizjournals.com - December 16 at 3:49 PM
State National Companies (SNC) & Its Peers Financial ComparisonState National Companies (SNC) & Its Peers Financial Comparison
www.americanbankingnews.com - December 12 at 5:36 AM
Contrasting State National Companies (SNC) and Its PeersContrasting State National Companies (SNC) and Its Peers
www.americanbankingnews.com - December 8 at 8:06 AM
State National Companies, Inc. (SNC) Receives Consensus Recommendation of "Hold" from AnalystsState National Companies, Inc. (SNC) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - November 30 at 3:38 AM
State National Companies, Inc. (SNC) Sees Significant Drop in Short InterestState National Companies, Inc. (SNC) Sees Significant Drop in Short Interest
www.americanbankingnews.com - November 30 at 2:10 AM
State National Companies (SNC) versus Its Competitors Head-To-Head ComparisonState National Companies (SNC) versus Its Competitors Head-To-Head Comparison
www.americanbankingnews.com - November 27 at 11:26 AM
Financial Survey: State National Companies (SNC) vs. Its PeersFinancial Survey: State National Companies (SNC) vs. Its Peers
www.americanbankingnews.com - November 25 at 8:14 AM
Featured Company News - Markel Completes State National AcquisitionFeatured Company News - Markel Completes State National Acquisition
finance.yahoo.com - November 22 at 8:11 AM
Markel Adds State National to Boost Collateral ProtectionMarkel Adds State National to Boost Collateral Protection
finance.yahoo.com - November 20 at 10:05 AM
Reviewing State National Companies (SNC) & Its RivalsReviewing State National Companies (SNC) & Its Rivals
www.americanbankingnews.com - November 14 at 3:10 AM
State National Companies, Inc. (SNC) Short Interest Up 33.2% in OctoberState National Companies, Inc. (SNC) Short Interest Up 33.2% in October
www.americanbankingnews.com - November 13 at 2:32 AM
State National Companies Inc (SNC) Given Average Rating of "Hold" by AnalystsState National Companies Inc (SNC) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - November 5 at 3:46 AM
Desjardins Reaffirms Buy Rating for State National Companies, Inc. (SNC)Desjardins Reaffirms Buy Rating for State National Companies, Inc. (SNC)
www.americanbankingnews.com - November 5 at 12:16 AM
State National Companies (SNC) Buy Rating Reiterated at Canaccord GenuityState National Companies' (SNC) Buy Rating Reiterated at Canaccord Genuity
www.americanbankingnews.com - November 5 at 12:16 AM
State National Companies, Inc. (SNC) Downgraded by BidaskClub to Strong SellState National Companies, Inc. (SNC) Downgraded by BidaskClub to Strong Sell
www.americanbankingnews.com - November 4 at 2:10 PM
Financial Review: Horace Mann Educators Corporation (HMN) & State National Companies (SNC)Financial Review: Horace Mann Educators Corporation (HMN) & State National Companies (SNC)
www.americanbankingnews.com - October 31 at 1:06 PM
State National Companies Reports Third Quarter 2017 ResultsState National Companies Reports Third Quarter 2017 Results
finance.yahoo.com - October 24 at 10:08 AM
State National Companies (SNC) Buy Rating Reaffirmed at Royal Bank Of CanadaState National Companies' (SNC) Buy Rating Reaffirmed at Royal Bank Of Canada
www.americanbankingnews.com - October 23 at 7:30 PM
Canaccord Genuity Reaffirms Buy Rating for State National Companies, Inc. (SNC)Canaccord Genuity Reaffirms Buy Rating for State National Companies, Inc. (SNC)
www.americanbankingnews.com - October 20 at 7:40 PM
State National Companies, Inc. (SNC) Cut to Sell at BidaskClubState National Companies, Inc. (SNC) Cut to Sell at BidaskClub
www.americanbankingnews.com - October 19 at 12:14 AM
State National Companies, Inc. (SNC) Given Average Recommendation of "Hold" by BrokeragesState National Companies, Inc. (SNC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - October 11 at 4:50 AM
Critical Survey: Hallmark Financial Services (HALL) versus State National Companies (SNC)Critical Survey: Hallmark Financial Services (HALL) versus State National Companies (SNC)
www.americanbankingnews.com - October 10 at 10:20 PM
FBR & Co Reaffirms Neutral Rating for State National Companies, Inc. (SNC)FBR & Co Reaffirms Neutral Rating for State National Companies, Inc. (SNC)
www.americanbankingnews.com - October 10 at 10:38 AM
Should You Sell State National Companies Inc (SNC) At $20.97?Should You Sell State National Companies Inc (SNC) At $20.97?
finance.yahoo.com - October 6 at 11:24 AM
State National Cos., Inc. : SNC-US: Dividend Analysis : September 18th, 2017 (record date) : By the numbers : October 6, 2017State National Cos., Inc. : SNC-US: Dividend Analysis : September 18th, 2017 (record date) : By the numbers : October 6, 2017
finance.yahoo.com - October 6 at 11:24 AM
State National Cos., Inc. :SNC-US: Earnings Analysis: Q2, 2017 By the Numbers : October 2, 2017State National Cos., Inc. :SNC-US: Earnings Analysis: Q2, 2017 By the Numbers : October 2, 2017
finance.yahoo.com - October 3 at 12:36 PM
ETFs with exposure to State National Cos., Inc. : October 3, 2017ETFs with exposure to State National Cos., Inc. : October 3, 2017
finance.yahoo.com - October 3 at 12:36 PM
State National Companies Invests In Boost InsuranceState National Companies Invests In Boost Insurance
seekingalpha.com - September 27 at 4:45 PM
Boost Insurance Raises $3 Million Led By Norwest Venture Partners to Launch Insurtech Development Platform That Streamlines Go-to-Market Process for StartupsBoost Insurance Raises $3 Million Led By Norwest Venture Partners to Launch Insurtech Development Platform That Streamlines Go-to-Market Process for Startups
finance.yahoo.com - September 27 at 8:23 AM
A.M. Best Affirms Credit Ratings of State National Group’s MembersA.M. Best Affirms Credit Ratings of State National Group’s Members
finance.yahoo.com - September 23 at 7:30 AM
State National Companies, Inc. (SNC) Receives Consensus Recommendation of "Hold" from BrokeragesState National Companies, Inc. (SNC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 16 at 4:42 AM
State National Companies, Inc. (SNC) Earns "Buy" Rating from Canaccord GenuityState National Companies, Inc. (SNC) Earns "Buy" Rating from Canaccord Genuity
www.americanbankingnews.com - September 13 at 2:58 PM
State National Companies (SNC) and Heritage Insurance Holdings (HRTG) Critical ComparisonState National Companies (SNC) and Heritage Insurance Holdings (HRTG) Critical Comparison
www.americanbankingnews.com - September 13 at 9:34 AM

SEC Filings

State National Companies (NASDAQ:SNC) SEC Filings

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Social Media

Financials

State National Companies (NASDAQ:SNC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

State National Companies (NASDAQ SNC) Stock Chart for Saturday, April, 21, 2018

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This page was last updated on 4/21/2018 by MarketBeat.com Staff

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