Ni Holdings Stock Today
| NODK Stock | USD 15.11 0.17 1.11% |
Performance9 of 100
| Odds Of DistressLess than 8
|
NI Holdings is selling for 15.11 as of the 25th of April 2024. This is a -1.11 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 15.11. NI Holdings has only a 8 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for NI Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 16th of March 2017 | Category Financial Services | Classification Financials |
NI Holdings, Inc. underwrites property and casualty insurance products in the United States. NI Holdings, Inc. is a subsidiary of Nodak Mutual Group, Inc. Ni Holdings operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. The company has 20.63 M outstanding shares of which 21.39 K shares are now shorted by private and institutional investors with about 0.83 trading days to cover. More on NI Holdings
Moving together with NODK Stock
| 0.78 | L | Loews Corp Earnings Call This Week | PairCorr |
| 0.7 | FRFHF | Fairfax Financial | PairCorr |
| 0.85 | AFG | American Financial Earnings Call This Week | PairCorr |
| 0.71 | ALL | Allstate Earnings Call This Week | PairCorr |
Moving against NODK Stock
| 0.78 | FACO | First Acceptance Corp Earnings Call This Week | PairCorr |
| 0.49 | PRA | ProAssurance Financial Report 14th of May 2024 | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
NODK Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NI Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NI Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | MA BA | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Insurance Providers (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NASDAQ Composite, Insurance Providers, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering NI Holdings report their recommendations after researching NI Holdings' financial statements, talking to executives and customers, or listening in on NI Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering NI Holdings. The NODK consensus assessment is calculated by taking the average forecast from all of the analysts covering NI Holdings. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to NI Holdings' liquidity, profitability, solvency, and operating efficiency, NI Holdings is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of NI Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NI Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NI Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NI Holdings' financial leverage. It provides some insight into what part of NI Holdings' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NI Holdings (NODK) is traded on NASDAQ Exchange in USA. It is located in 1101 First Avenue North, Fargo, ND, United States, 58102 and employs 219 people. NI Holdings is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 311.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NI Holdings's market, we take the total number of its shares issued and multiply it by NI Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NI Holdings conducts business under Insurance sector and is part of Financials industry. The entity has 20.63 M outstanding shares of which 21.39 K shares are now shorted by private and institutional investors with about 0.83 trading days to cover.
NI Holdings currently holds about 63.03 M in cash with 25.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.98.
Check NI Holdings Probability Of Bankruptcy
Ownership AllocationNI Holdings secures a total of 20.63 Million outstanding shares. NI Holdings owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 67.92 % of NI Holdings outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check NODK Ownership Details
NODK Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of NI Holdings jumping above the current price in 90 days from now is about 14.03%. The NI Holdings probability density function shows the probability of NI Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days NI Holdings has a beta of 0.9483. This indicates NI Holdings market returns are very sensitive to returns on the market. As the market goes up or down, NI Holdings is expected to follow. Additionally, nI Holdings has an alpha of 0.157, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of NI Holdings to move above the current price in 90 days from now is about 14.03 (This NI Holdings probability density function shows the probability of NODK Stock to fall within a particular range of prices over 90 days) .
NODK Stock Institutional Holders
Institutional Holdings refers to the ownership stake in NI Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NI Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NI Holdings' value.| Instituion | Recorded On | Shares | |
| Minerva Advisors Llc | 2023-12-31 | 129.9 K | |
| Awh Capital, L.p. | 2023-12-31 | 121.9 K | |
| Northern Trust Corp | 2023-12-31 | 72 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 63.9 K | |
| Renaissance Technologies Corp | 2023-12-31 | 58.2 K | |
| Western Standard Llc | 2023-12-31 | 35.6 K | |
| Barclays Plc | 2023-12-31 | 26.2 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 25.8 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 25.4 K | |
| Blackrock Inc | 2023-12-31 | 540.3 K | |
| Newtyn Management Llc | 2023-12-31 | 530.9 K |
NI Holdings Historical Income Statement
NI Holdings Income Statement is one of the three primary financial statements used for reporting NODK's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NI Holdings revenue and expense. NI Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, NI Holdings' Depreciation And Amortization is quite stable compared to the past year. Selling General Administrative is expected to rise to about 355.5 M this year, although the value of Other Operating Expenses will most likely fall to about 252.6 M. View More FundamentalsNODK Stock Against Markets
Picking the right benchmark for NI Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NI Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NI Holdings is critical whether you are bullish or bearish towards NI Holdings at a given time. Please also check how NI Holdings' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in NI Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run AI Investment Finder Now
AI Investment FinderUse AI to screen and filter profitable investment opportunities |
| All Next | Launch Module |
NI Holdings Corporate Management
Elected by the shareholders, the NI Holdings' board of directors comprises two types of representatives: NI Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NODK. The board's role is to monitor NI Holdings' management team and ensure that shareholders' interests are well served. NI Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NI Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Timothy CPA | Chief Finance | Profile | |
| Patrick Duncan | Senior Operations | Profile | |
| Seth CPA | CFO VP | Profile | |
| William Thompson | Vice Marketing | Profile |
How to buy NODK Stock?
Before investing in NI Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NI Holdings. To buy NI Holdings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of NI Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase NI Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located NI Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased NI Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NI Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy NODK Stock please use our How to Invest in NI Holdings guide.
Already Invested in NI Holdings?
The danger of trading NI Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NI Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NI Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NI Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether NI Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NODK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ni Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Ni Holdings Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NI Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.Note that the NI Holdings information on this page should be used as a complementary analysis to other NI Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for NODK Stock analysis
When running NI Holdings' price analysis, check to measure NI Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NI Holdings is operating at the current time. Most of NI Holdings' value examination focuses on studying past and present price action to predict the probability of NI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NI Holdings' price. Additionally, you may evaluate how the addition of NI Holdings to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Is NI Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NI Holdings. If investors know NODK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NI Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.564 | Earnings Share (0.26) | Revenue Per Share 17.283 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0025 |
The market value of NI Holdings is measured differently than its book value, which is the value of NODK that is recorded on the company's balance sheet. Investors also form their own opinion of NI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NI Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NI Holdings' market value can be influenced by many factors that don't directly affect NI Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NI Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.