Is NI Holdings Stock a Good Investment?
NI Holdings Investment Advice | NODK |
- Examine NI Holdings' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research NI Holdings' leadership team and their track record. Good management can help NI Holdings navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Property & Casualty Insurance space and any emerging trends that could impact NI Holdings' business and its evolving consumer preferences.
- Compare NI Holdings' performance and market position to its competitors. Analyze how NI Holdings is positioned in terms of product offerings, innovation, and market share.
- Check if NI Holdings pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about NI Holdings' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in NI Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if NI Holdings is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine NI Holdings Stock
Researching NI Holdings' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 67.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.36. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NI Holdings recorded a loss per share of 0.27. The entity had not issued any dividends in recent years.
To determine if NI Holdings is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NI Holdings' research are outlined below:
| NI Holdings currently holds 2.06 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies. NI Holdings has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about NI Holdings' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 365.69 M. Net Loss for the year was (5.48 M) with loss before overhead, payroll, taxes, and interest of (69.03 M). | |
| NI Holdings has a poor financial position based on the latest SEC disclosures | |
| About 67.0% of NI Holdings outstanding shares are owned by corporate insiders |
NI Holdings Quarterly Liabilities And Stockholders Equity |
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NI Holdings uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NI Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NI Holdings' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know NI Holdings' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NI Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NI Holdings backward and forwards among themselves. NI Holdings' institutional investor refers to the entity that pools money to purchase NI Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | J. Goldman & Co Lp | 2024-06-30 | 102.3 K | Northern Trust Corp | 2024-06-30 | 66.9 K | Renaissance Technologies Corp | 2024-06-30 | 60 K | Goldman Sachs Group Inc | 2024-06-30 | 34.3 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 33.3 K | Western Standard Llc | 2024-06-30 | 31.4 K | Nuveen Asset Management, Llc | 2024-06-30 | 25.8 K | Bank Of New York Mellon Corp | 2024-06-30 | 23.8 K | Charles Schwab Investment Management Inc | 2024-06-30 | 22.7 K | Vanguard Group Inc | 2024-06-30 | 706 K | Newtyn Management Llc | 2024-06-30 | 605.5 K |
NI Holdings' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 325.22 M.Market Cap |
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NI Holdings' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Determining NI Holdings' profitability involves analyzing its financial statements and using various financial metrics to determine if NI Holdings is a good buy. For example, gross profit margin measures NI Holdings' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NI Holdings' profitability and make more informed investment decisions.
Evaluate NI Holdings' management efficiency
Return On Tangible Assets is expected to rise to -0.0086 this year. Return On Capital Employed is expected to rise to -0.0006 this year. At this time, NI Holdings' Total Current Liabilities is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 182 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 509 M. NI Holdings' management efficiency ratios could be used to measure how well NI Holdings manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.83 | 10.33 | |
| Tangible Book Value Per Share | 11.36 | 10.02 | |
| Enterprise Value Over EBITDA | 213.60 | 224.28 | |
| Price Book Value Ratio | 1.11 | 1.58 | |
| Enterprise Value Multiple | 213.60 | 224.28 | |
| Price Fair Value | 1.11 | 1.58 | |
| Enterprise Value | 220.2 M | 315.2 M |
Management at NI Holdings focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Beta 0.36 |
Basic technical analysis of NODK Stock
As of the 7th of November, NI Holdings owns the Mean Deviation of 1.44, standard deviation of 2.01, and Market Risk Adjusted Performance of 0.1678. In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of NI Holdings, as well as the relationship between them.NI Holdings' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NI Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on NI Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NI Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Patrick Duncan few days ago Disposition of 561 shares by Patrick Duncan of NI Holdings at 18.64 subject to Rule 16b-3 | ||
Mathew Prakash over three months ago Acquisition by Mathew Prakash of 3800 shares of NI Holdings subject to Rule 16b-3 | ||
Alexander Michael J. over three months ago Disposition of 3526 shares by Alexander Michael J. of NI Holdings at 18.1 subject to Rule 16b-3 | ||
Alexander Michael J. over three months ago Acquisition by Alexander Michael J. of 44700 shares of NI Holdings subject to Rule 16b-3 | ||
Launer Cindy over three months ago Acquisition by Launer Cindy of 3400 shares of NI Holdings subject to Rule 16b-3 | ||
Devlin William Russell over six months ago Acquisition by Devlin William Russell of 1500 shares of NI Holdings subject to Rule 16b-3 | ||
Patrick Duncan over six months ago Purchase by Patrick Duncan of 808 shares of NI Holdings | ||
Alexander Michael J over a year ago Acquisition by Alexander Michael J of 24300 shares of NI Holdings subject to Rule 16b-3 |
NI Holdings' Outstanding Corporate Bonds
NI Holdings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NI Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NODK bonds can be classified according to their maturity, which is the date when NI Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| NextEra Energy Operating Corp BondUS65342QAB86 | View | |
| NextEra Energy Operating Corp BondUS65342QAL68 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Nexstar Escrow 5625 Corp BondUS65343HAA95 | View | |
| US65342VAA98 Corp BondUS65342VAA98 | View |
Understand NI Holdings' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing NI Holdings' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0649 | |||
| Market Risk Adjusted Performance | 0.1678 | |||
| Mean Deviation | 1.44 | |||
| Semi Deviation | 2.04 | |||
| Downside Deviation | 2.15 | |||
| Coefficient Of Variation | 1338.5 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.05 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1578 | |||
| Maximum Drawdown | 12.26 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 4.62 | |||
| Semi Variance | 4.15 | |||
| Expected Short fall | (1.51) | |||
| Skewness | (0.40) | |||
| Kurtosis | 3.16 |
| Risk Adjusted Performance | 0.0649 | |||
| Market Risk Adjusted Performance | 0.1678 | |||
| Mean Deviation | 1.44 | |||
| Semi Deviation | 2.04 | |||
| Downside Deviation | 2.15 | |||
| Coefficient Of Variation | 1338.5 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.05 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1578 | |||
| Maximum Drawdown | 12.26 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 4.62 | |||
| Semi Variance | 4.15 | |||
| Expected Short fall | (1.51) | |||
| Skewness | (0.40) | |||
| Kurtosis | 3.16 |
Consider NI Holdings' intraday indicators
NI Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NI Holdings stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
NI Holdings Corporate Filings
| 5th of November 2024 Other Reports | ViewVerify | |
8K | 28th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 18th of October 2024 An amendment to the original Schedule 13D filing | ViewVerify |
13A | 30th of September 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
NODK Stock media impact
Far too much social signal, news, headlines, and media speculation about NI Holdings that are available to investors today. That information is available publicly through NODK media outlets and privately through word of mouth or via NODK internal channels. However, regardless of the origin, that massive amount of NODK data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of NI Holdings news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of NI Holdings relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to NI Holdings' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive NI Holdings alpha.
NI Holdings Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards NI Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
NI Holdings Corporate Management
| Timothy CPA | Chief Finance | Profile | |
| Patrick Duncan | Senior Operations | Profile | |
| Seth CPA | CFO VP | Profile | |
| William Thompson | Vice Marketing | Profile |
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 closely tied 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.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Property & Casualty Insurance space 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 (0.27) | Revenue Per Share 18.152 | Quarterly Revenue Growth 0.083 | Return On Assets 0.0032 |
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.
In summary, please note that there is a difference between NI Holdings' value and its price, as these two are different measures arrived at by various 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.