Media stories about National General Holdings Corp (NASDAQ:NGHC) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. National General Holdings Corp earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the insurance provider an impact score of 100 out of 100, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the near term.
Shares of National General Holdings Corp (NASDAQ:NGHC) opened at 21.30 on Monday. National General Holdings Corp has a 1-year low of $18.04 and a 1-year high of $26.99. The stock’s 50 day moving average is $21.73 and its 200 day moving average is $23.40. The company has a market capitalization of $2.27 billion, a PE ratio of 17.90 and a beta of 1.26.
National General Holdings Corp (NASDAQ:NGHC) last released its quarterly earnings data on Monday, May 8th. The insurance provider reported $0.38 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.38. The business had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $943.94 million. National General Holdings Corp had a net margin of 3.70% and a return on equity of 10.43%. The firm’s quarterly revenue was up 36.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.50 EPS. On average, equities research analysts anticipate that National General Holdings Corp will post $1.75 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 17th. Investors of record on Monday, July 3rd will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Thursday, June 29th. National General Holdings Corp’s dividend payout ratio is 13.56%.
Several analysts have recently commented on the stock. BidaskClub raised shares of National General Holdings Corp from a “strong sell” rating to a “sell” rating in a research note on Friday, June 30th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $27.00 price target on shares of National General Holdings Corp in a research note on Wednesday, June 21st. Finally, ValuEngine cut shares of National General Holdings Corp from a “buy” rating to a “hold” rating in a research note on Thursday, May 25th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. National General Holdings Corp currently has a consensus rating of “Hold” and a consensus price target of $25.00.
In related news, COO Peter A. Rendall sold 30,901 shares of the company’s stock in a transaction that occurred on Friday, June 30th. The shares were sold at an average price of $21.06, for a total transaction of $650,775.06. Following the completion of the transaction, the chief operating officer now directly owns 126 shares in the company, valued at approximately $2,653.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Peter A. Rendall sold 32,659 shares of the company’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $22.05, for a total transaction of $720,130.95. Following the transaction, the chief operating officer now owns 63,686 shares of the company’s stock, valued at $1,404,276.30. The disclosure for this sale can be found here. 3.43% of the stock is owned by corporate insiders.
About National General Holdings Corp
National General Holdings Corp. is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.
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