NODK - NI Holdings Inc Stock Price, Fair Value and News

15.64USD-0.54 (-3.34%)Delayed as of 17 May 2024, 11:15 am ET

Market Summary

USD15.64-0.54

Delayedas of 17 May 2024, 11:15 am

-3.34%

NODK Stock Price

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NODK RSI Chart

NODK Valuation

Market Cap

333.8M

Price/Earnings (Trailing)

64.77

Price/Sales (Trailing)

0.92

EV/EBITDA

25.86

Price/Free Cashflow

7.3

NODK Price/Sales (Trailing)

NODK Profitability

EBT Margin

2.61%

Return on Equity

2.01%

Return on Assets

0.76%

Free Cashflow Yield

13.7%

NODK Fundamentals

NODK Revenue

Revenue (TTM)

360.9M

Rev. Growth (Yr)

12.01%

Rev. Growth (Qtr)

14.39%

NODK Earnings

Earnings (TTM)

5.2M

Earnings Growth (Yr)

252.47%

Earnings Growth (Qtr)

-3.11%

Breaking Down NODK Revenue

52 Week Range

12.3316.30

(Low)(High)

Last 7 days

0.9%

Last 30 days

0.7%

Last 90 days

9.9%

Trailing 12 Months

15.3%

How does NODK drawdown profile look like?

NODK Financial Health

NODK Investor Care

Buy Backs (1Y)

1.89%

Diluted EPS (TTM)

0.24

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	360.9M	0	0	0
2023	343.7M	364.9M	368.5M	351.1M
2022	298.8M	298.3M	305.3M	328.3M
2021	331.0M	311.6M	312.9M	303.4M
2020	256.4M	283.4M	294.0M	306.4M
2019	234.6M	250.3M	256.5M	270.8M
2018	192.7M	198.0M	205.5M	212.4M
2017	167.0M	175.8M	173.3M	189.1M
2016	147.8M	154.1M	162.1M	163.7M
2015	139.9M	142.1M	144.2M	146.3M
2014	0	0	0	137.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of NI Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	daggett seth c.	acquired	-	-	11,100	evp, treasurer & cfo
Mar 01, 2024	daggett seth c.	sold (taxes)	-	-	1,161	evp, treasurer & cfo
Mar 01, 2024	alexander michael j.	acquired	-	-	30,600	president & ceo
Mar 01, 2024	duncan patrick w.	acquired	-	-	5,100	svp, operations
Dec 12, 2023	duncan patrick w.	bought	10,463	12.95	808	svp of operations
May 24, 2023	devlin william russell	acquired	-	-	3,800	-
May 24, 2023	aasmundstad eric k.	acquired	-	-	3,800	-
May 24, 2023	espegard duaine	acquired	-	-	3,800	-
May 24, 2023	missling jeffrey r.	acquired	-	-	3,800	-
May 24, 2023	mathew prakash	acquired	-	-	3,800	-

Which funds bought or sold NODK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	HSBC HOLDINGS PLC	added	10.25	74,603	350,753	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-23.77	-32,422	259,853	-%
May 15, 2024	BARCLAYS PLC	reduced	-23.37	-35,000	305,000	-%
May 15, 2024	Price Jennifer C.	sold off	-100	-1,845,780	-	-%
May 15, 2024	Orchard Capital Management, LLC	added	1.7	815,915	5,199,220	1.52%
May 15, 2024	AWH Capital, L.P.	unchanged	-	263,381	1,847,330	1.70%
May 15, 2024	Newtyn Management, LLC	added	13.99	2,271,520	9,167,390	1.83%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-73.29	-6,664	3,014	-%
May 15, 2024	Western Standard LLC	reduced	-3.37	58,791	521,690	0.25%
May 15, 2024	Arbiter Partners Capital Management LLC	unchanged	-	44,046	308,938	0.39%

Are Funds Buying or Selling NODK?

Are funds buying NODK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NODK

No. of Funds

Unveiling NI Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 05, 2020	thorp jeffrey	5.0%	1,110,263	SC 13D

Recent SEC filings of NI Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	8-K	Current Report
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 10, 2024	DEFA14A	DEFA14A
Apr 10, 2024	DEF 14A	DEF 14A
Apr 10, 2024	ARS	ARS
Mar 15, 2024	8-K	Current Report
Mar 15, 2024	10-K	Annual Report
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading

Peers (Alternatives to NI Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	-	3182.05%	-5.3K	838.33	-10.27%	-34.69%
AJG	55.8B	10.6B	10.41%	18.83%	51.13	5.26	20.42%	-6.05%
AIG	52.2B	48.4B	6.65%	46.48%	10.82	1.08	-4.15%	-20.63%
TRV	50.2B	42.9B	-1.75%	20.66%	15.99	1.17	13.52%	12.15%
AFL	49.5B	19.3B	8.36%	31.67%	9.26	2.56	3.03%	17.35%
ACGL	37.1B	14.4B	8.73%	35.25%	7.65	2.57	32.92%	143.01%
AFG	11.2B	8.0B	5.23%	15.55%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.0B	12.6B	4.70%	14.80%	7.57	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	2.52%	34.85%	11.92	0.8	9.81%	217.29%
LNC	5.1B	11.9B	10.11%	43.42%	3.78	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	19.51%	50.60%	-36.97	1.59	18.74%	30.90%
AMSF	888.4M	308.9M	-5.04%	-15.64%	14.4	2.88	3.79%	10.94%
AMBC	816.3M	314.0M	26.77%	23.65%	14.2	2.6	-29.20%	-88.19%
AAME	34.9M	187.5M	-14.07%	-22.97%	-48.25	0.19	2.74%	73.83%

NI Holdings Inc News

Latest updates

NI Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	14.4%	91,350	79,856	92,749	96,976	81,556	97,185	89,175	75,790	66,140	74,168	82,173	76,281	70,799	83,650	80,854	95,667	46,186	71,311	70,248	68,648	60,572
Operating Expenses	-	83,170	-	-	107,380	87,069	92,674	102,418	134,841	63,533	76,944	91,090	86,507	58,127	54,991	75,980	71,989	50,581	50,058	78,849	65,133	42,928
EBITDA Margin	390.3%	0.03*	-0.01*	-0.04*	-0.08*	-0.22*	-0.21*	-0.20*	-0.18*	0.01*	0.04*	0.10*	0.14*	-	-	-	-	-	-	-	-	-
Income Taxes	-59.2%	1,761	4,315	-170	-2,169	-1,013	-333	-3,074	-12,415	568	2,267	-1,622	-561	2,890	6,213	1,188	4,911	-840	4,105	-1,642	1,000	3,848
Earnings Before Taxes	-29.0%	8,180	11,526	128	-10,404	-5,513	658	-13,243	-59,051	2,607	8,410	-6,481	-3,295	12,672	28,659	4,874	23,678	-4,395	21,253	-8,601	3,515	17,644
EBT Margin	315.2%	0.03*	-0.01*	-0.04*	-0.08*	-0.22*	-0.21*	-0.20*	-0.18*	0.00*	0.04*	0.10*	0.14*	-	-	-	-	-	-	-	-	-
Net Income	-3.1%	6,419	6,625	231	-8,122	-4,210	890	-9,985	-45,910	1,909	6,128	-4,737	-2,644	9,669	21,579	3,664	18,733	-3,587	17,129	-6,979	2,478	13,773
Net Income Margin	191.5%	0.01*	-0.02*	-0.03*	-0.06*	-0.17*	-0.16*	-0.16*	-0.14*	0.00*	0.03*	0.08*	0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	-44.5%	16,094	29,018	-11,050	11,672	-4,644	-5,818	-38,595	9,585	3,278	19,497	-12,359	10,614	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.0%	675	655	657	687	628	614	637	682	624	652	696	708	621	618	630	624	536	508	529	538	477
Cash Equivalents	20.9%	69.00	57.00	35.00	53.00	61.00	47.00	54.00	63.00	54.00	71.00	48.00	61.00	53.00	101	71.00	68.00	57.00	62.00	25.00	61.00	70.00
Net PPE	-1.9%	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	8.00	8.00	7.00	7.00
Goodwill	0%	3.00	3.00	-	-	-	9.00	-	-	-	9.00	-	-	-	-	-	-	-	3.00	3.00	3.00	3.00
Liabilities	3.5%	419	404	427	447	375	361	386	409	292	304	353	357	269	269	305	300	235	198	237	241	184
Shareholder's Equity	2.2%	256	250	230	240	253	253	251	273	332	347	344	351	353	349	326	325	302	310	292	297	293
Retained Earnings	4.8%	218	208	202	202	210	214	213	223	269	267	261	266	268	259	237	233	215	218	201	208	206
Additional Paid-In Capital	0.0%	96.00	96.00	96.00	96.00	96.00	96.00	96.00	97.00	97.00	98.00	97.00	97.00	97.00	98.00	97.00	97.00	96.00	96.00	95.00	95.00	95.00
Shares Outstanding	0.1%	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	-	-	-	-	-	-	-	-	-
Minority Interest	-100.0%	-	3.00	2.00	2.00	2.00	2.00	2.00	3.00	4.00	4.00	4.00	4.00	4.00	5.00	4.00	4.00	3.00	3.00	3.00	3.00	3.00
Float	-	-	-	-	119	-	-	-	160	-	-	-	160	-	-	-	131	-	-	-	165	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-44.3%	16,146	28,991	-10,937	12,267	-4,351	-5,708	-38,327	9,798	3,849	19,679	-12,219	10,914	10,794	20,066	9,141	18,187	3,616	27,162	-12,536	6,808	4,231
Share Based Compensation	937.5%	581	56.00	409	396	505	-446	-645	486	565	704	516	516	672	635	485	464	713	339	339	318	617
Cashflow From Investing	39.0%	-4,143	-6,792	-3,136	-18,313	19,428	6,409	30,714	227	-12,302	4,320	-331	-701	-51,439	10,577	-1,114	-1,685	-7,578	9,728	-22,796	-14,358	-3,032
Cashflow From Financing	-1383.3%	-178	-12.00	-4,057	-2,603	-794	-7,976	-1,142	-935	-8,228	-1,105	-944	-1,673	-7,749	-871	-4,580	-5,281	-1,533	-	-	-2,003	-22.00
Buy Backs	-	-	-	-	2,602	621	1,310	939	934	997	1,105	944	1,671	596	871	4,580	5,281	1,502	-	-	2,004	2.00

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NODK Income Statement

2024-03-31

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Net premiums earned	$ 85,557	$ 77,627
Fee and other income	412	274
Net investment income	3,553	2,239
Net investment gains	1,828	1,416
Total revenues	91,350	81,556
Expenses:
Losses and loss adjustment expenses	52,209	58,825
Amortization of deferred policy acquisition costs	20,663	18,588
Other underwriting and general expenses	10,298	9,656
Total expenses	83,170	87,069
Income (loss) before income taxes	8,180	(5,513)
Income tax expense (benefit)	1,761	(1,013)
Net income (loss)	6,419	(4,500)
Net loss attributable to non-controlling interest		(290)
Net income (loss) attributable to NI Holdings, Inc.	$ 6,419	$ (4,210)
Earnings (loss) per common share:
Basic (in Dollars per share)	$ 0.31	$ (0.2)
Diluted (in Dollars per share)	$ 0.3	$ (0.2)
Share data:
Weighted average common shares outstanding used in basic per common share calculations (in Shares)	20,932,774	21,368,956
Dilutive securities (in Shares)	113,305
Weighted average common shares used in diluted per common share calculations (in Shares)	21,046,079	21,368,956

NODK Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Cash and cash equivalents	$ 68,518	$ 56,693
Fixed income securities, at fair value (net of allowance for expected credit losses of $0 at March 31, 2024 and December 31, 2023)	349,772	347,731
Equity securities, at fair value	29,650	27,767
Other investments	2,006	2,006
Total cash and investments	449,946	434,197
Premiums and agents' balances receivable (net of allowance for expected credit losses of $224 at March 31, 2024, and $402 at December 31, 2023)	79,706	74,058
Deferred policy acquisition costs	36,565	34,120
Reinsurance premiums receivable	2,985	4,061
Reinsurance recoverables on losses (net of allowance for expected credit losses of $0 at March 31, 2024 and December 31, 2023)	49,484	48,969
Accrued investment income	2,923	2,763
Property and equipment, net	9,708	9,897
Deferred income taxes	8,313	8,413
Receivable from Federal Crop Insurance Corporation	13,913	17,404
Goodwill and other intangibles	9,933	10,039
Other assets	11,049	10,965
Total assets	674,525	654,886
Liabilities:
Unpaid losses and loss adjustment expenses	225,006	217,119
Unearned premiums	171,418	164,100
Income tax payable	2,454	88
Accrued expenses and other liabilities	19,801	23,180
Total liabilities	418,679	404,487
Shareholders’ equity:
Common stock, $0.01 par value, authorized: 25,000,000 shares; issued: 23,000,000 shares; and outstanding: 2024 – 20,629,454 shares, 2023 – 20,599,908 shares	230	230
Additional paid-in capital	96,320	96,294
Unearned employee stock ownership plan shares	(698)	(698)
Retained earnings	218,451	208,376
Accumulated other comprehensive loss, net of income taxes	(23,858)	(21,384)
Treasury stock, at cost, 2024 – 2,300,751 shares, 2023 – 2,330,297 shares	(34,599)	(35,177)
Non-controlling interest		2,758
Total shareholders’ equity	255,846	250,399
Total liabilities and shareholders’ equity	$ 674,525	$ 654,886

About NI Holdings Inc

NI Holdings, Inc. underwrites property and casualty insurance products in the United States. The company's products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. operates as a subsidiary of Nodak Mutual Group, Inc.

CEO	Mr. Michael James Alexander B.A., M.A.
WEBSITE	niholdingsinc.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	230

NI Holdings Inc Frequently Asked Questions

What is the ticker symbol for NI Holdings Inc? What does NODK stand for in stocks?

NODK is the stock ticker symbol of NI Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NI Holdings Inc (NODK)?

As of Thu May 16 2024, market cap of NI Holdings Inc is 333.78 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NODK stock?

You can check NODK's fair value in chart for subscribers.

What is the fair value of NODK stock?

You can check NODK's fair value in chart for subscribers. The fair value of NI Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NI Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NODK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NI Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether NODK is over valued or under valued. Whether NI Holdings Inc is cheap or expensive depends on the assumptions which impact NI Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NODK.

What is NI Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, NODK's PE ratio (Price to Earnings) is 64.77 and Price to Sales (PS) ratio is 0.92. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NODK PE ratio will change depending on the future growth rate expectations of investors.