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

14.83USD-0.33 (-2.18%)Delayed

Market Summary

USD14.83-0.33

Delayed

-2.18%

NODK Stock Price

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NODK RSI Chart

NODK Valuation

Market Cap

305.7M

Price/Earnings (Trailing)

-55.83

Price/Sales (Trailing)

0.87

EV/EBITDA

-72.46

Price/Free Cashflow

12.23

NODK Price/Sales (Trailing)

NODK Profitability

EBT Margin

-1.21%

Return on Equity

-2.19%

Return on Assets

-0.84%

Free Cashflow Yield

8.18%

NODK Fundamentals

NODK Revenue

Revenue (TTM)

351.1M

Rev. Growth (Yr)

-17.83%

Rev. Growth (Qtr)

-13.9%

NODK Earnings

Earnings (TTM)

-5.5M

Earnings Growth (Yr)

644.38%

Earnings Growth (Qtr)

2.8K%

Breaking Down NODK Revenue

Last 7 days

1.0%

Last 30 days

-0.9%

Last 90 days

13.1%

Trailing 12 Months

9.7%

How does NODK drawdown profile look like?

NODK Financial Health

NODK Investor Care

Buy Backs (1Y)

2.16%

Diluted EPS (TTM)

-0.26

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
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
Apr 18, 2024	Capital Advisors, Ltd. LLC	sold off	-100	-5,000	-	-%
Apr 11, 2024	Asset Allocation & Management Company, LLC	unchanged	-	47,000	327,000	0.21%
Apr 05, 2024	CWM, LLC	new	-	1,000	1,000	-%
Mar 11, 2024	VANGUARD GROUP INC	added	0.38	87,050	6,706,530	-%
Mar 08, 2024	ICA Group Wealth Management, LLC	new	-	6,495	6,495	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	95.61	409,898	830,580	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.39	287	53,324	-%
Feb 15, 2024	State of Wyoming	added	3.07	1,250	32,254	0.01%
Feb 15, 2024	BARCLAYS PLC	added	84.39	157,000	340,000	-%
Feb 15, 2024	Legal & General Group Plc	unchanged	-	82.00	8,885	-%

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
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
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	1.0T	1.3B	-2.55%	3152.72%	-4.8K	761.86	-10.27%	-34.69%
AJG	51.5B	10.1B	-3.67%	14.30%	53.07	5.11	17.79%	-12.97%
AIG	51.1B	46.8B	-1.85%	45.43%	14.01	1.09	-14.05%	-64.38%
TRV	49.1B	42.9B	-4.51%	19.40%	15.64	1.14	13.52%	12.15%
AFL	48.2B	18.7B	-0.75%	26.60%	10.35	2.58	-2.30%	5.45%
ACGL	35.1B	13.6B	3.50%	30.93%	7.9	2.58	41.83%	201.02%
AFG	10.8B	7.8B	-1.75%	6.64%	12.66	1.38	11.18%	-5.12%
MID-CAP
UNM	9.9B	12.4B	-0.63%	27.96%	7.73	0.8	3.35%	-8.77%
AIZ	9.1B	11.1B	-2.83%	48.90%	14.12	0.82	9.21%	132.28%
LNC	4.8B	11.6B	-4.11%	34.83%	-6.38	0.41	-38.09%	-155.38%
AEL	4.4B	2.8B	-0.50%	50.39%	21.07	1.56	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-6.29%	9.16%	-18.29	1.35	24.25%	-115.79%
AMSF	979.1M	306.9M	2.59%	-3.98%	15.77	3.19	4.11%	11.70%
AMBC	658.9M	269.0M	-3.83%	-6.54%	146.43	2.45	-46.68%	-99.14%
AAME	40.0M	186.8M	-29.50%	-15.74%	-233.85	0.21	-0.56%	-111.21%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-13.9%	80.00	93.00	97.00	82.00	97.00	89.00	76.00	66.00	74.00	82.00	76.00	71.00	84.00	81.00	96.00	46.00	71.00	70.00	69.00	61.00	57.00
Operating Expenses	-	-	-	107	87.00	93.00	102	135	64.00	77.00	91.00	87.00	58.00	55.00	76.00	72.00	51.00	50.00	79.00	65.00	43.00	38.00
EBITDA Margin	74.9%	-0.01*	-0.04*	-0.08*	-0.22*	-0.21*	-0.20*	-0.18*	0.01*	0.04*	0.10*	0.14*	0.21*	-	-	-	-	-	-	-	-	-
Income Taxes	2638.2%	4.00	-0.17	-2.17	-1.01	-0.33	-3.07	-12.41	1.00	2.00	-1.62	-0.56	3.00	6.00	1.00	5.00	-0.84	4.00	-1.64	1.00	4.00	4.00
Earnings Before Taxes	8904.7%	12.00	0.00	-10.40	-5.51	1.00	-13.24	-59.05	3.00	8.00	-6.48	-3.29	13.00	29.00	5.00	24.00	-4.39	21.00	-8.60	4.00	18.00	19.00
EBT Margin	70.4%	-0.01*	-0.04*	-0.08*	-0.22*	-0.21*	-0.20*	-0.18*	0.00*	0.04*	0.10*	0.14*	0.21*	-	-	-	-	-	-	-	-	-
Net Income	2768.0%	7.00	0.00	-8.12	-4.21	1.00	-9.98	-45.91	2.00	6.00	-4.74	-2.64	10.00	22.00	4.00	19.00	-3.59	17.00	-6.98	2.00	14.00	15.00
Net Income Margin	48.7%	-0.02*	-0.03*	-0.06*	-0.17*	-0.16*	-0.16*	-0.14*	0.00*	0.03*	0.08*	0.10*	0.16*	-	-	-	-	-	-	-	-	-
Free Cashflow	362.6%	29.00	-11.05	12.00	-4.64	-5.82	-38.59	10.00	3.00	19.00	-12.36	11.00	11.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.3%	655	657	687	628	614	637	682	624	652	696	708	621	618	630	624	536	508	529	538	477	458
Cash Equivalents	64.3%	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	69.00
Net PPE	-3.0%	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	7.00
Goodwill	-	3.00	-	-	-	9.00	-	-	-	9.00	-	-	-	-	-	-	-	3.00	3.00	3.00	3.00	5.00
Liabilities	-5.3%	404	427	447	375	361	386	409	292	304	353	357	269	269	305	300	235	198	237	241	184	183
Shareholder's Equity	8.9%	250	230	240	253	253	251	273	332	347	344	351	353	349	326	325	302	310	292	297	293	276
Retained Earnings	3.3%	208	202	202	210	214	213	223	269	267	261	266	268	259	237	233	215	218	201	208	206	184
Additional Paid-In Capital	0.1%	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	94.00
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	68.1%	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	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	365.1%	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	25,667
Share Based Compensation	-86.3%	56.00	409	396	505	-446	-645	486	565	704	516	516	672	635	485	464	713	339	339	318	617	242
Cashflow From Investing	-116.6%	-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	-5,381
Cashflow From Financing	99.7%	-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	2,996

NODK Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Net premiums earned	$ 351,137	$ 328,290	$ 299,589
Fee and other income	1,978	1,453	1,775
Net investment income	10,456	7,820	7,131
Net investment gains (losses)	2,124	(13,126)	15,479
Total revenues	365,695	324,437	323,974
Expenses:
Losses and loss adjustment expenses	244,412	294,432	216,379
Amortization of deferred policy acquisition costs	82,991	66,803	64,574
Other underwriting and general expenses	35,799	32,231	31,715
Goodwill impairment charge	6,756
Total expenses	369,958	393,466	312,668
Income (loss) before income taxes	(4,263)	(69,029)	11,306
Income tax expense (benefit)	963	(15,254)	2,974
Net income (loss)	(5,226)	(53,775)	8,332
Net income (loss) attributable to non-controlling interest	250	(679)	(84)
Net income (loss) attributable to NI Holdings, Inc.	$ (5,476)	$ (53,096)	$ 8,416
Earnings (loss) per common share:
Basic (in Dollars per share)	$ (0.26)	$ (2.49)	$ 0.39
Diluted (in Dollars per share)	$ (0.26)	$ (2.49)	$ 0.39
Share data:
Weighted average common shares outstanding used in basic per common share calculations (in Shares)	21,159,073	21,333,389	21,424,060
Plus: Dilutive securities (in Shares)			232,366
Weighted average common shares used in diluted per common share calculations (in Shares)	21,159,073	21,333,389	21,656,426

NODK Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets:
Cash and cash equivalents	$ 56,693	$ 47,002
Fixed income securities, at fair value (net of allowance for expected credit losses of $0 at December 31, 2023 and 2022)	347,731	303,324
Equity securities, at fair value	27,767	52,393
Other investments	2,006	2,005
Total cash and investments	434,197	404,724
Premiums and agents' balances receivable (net of allowance for expected credit losses of $402 at December 31, 2023 and $425 at December 31, 2022)	74,058	62,173
Deferred policy acquisition costs	34,120	29,768
Reinsurance premiums receivable	4,061	1,647
Reinsurance recoverables on losses (net of allowance for expected credit losses of $0 at December 31, 2023 and 2022)	48,969	37,575
Income tax recoverable		13,964
Accrued investment income	2,763	2,456
Property and equipment, net	9,897	9,843
Deferred income taxes	8,413	9,005
Receivable from Federal Crop Insurance Corporation	17,404	15,462
Goodwill and other intangibles	10,039	17,250
Other assets	10,965	10,365
Total assets	654,886	614,232
Liabilities:
Unpaid losses and loss adjustment expenses	217,119	190,459
Unearned premiums	164,100	148,513
Income tax payable	88
Accrued expenses and other liabilities	23,180	22,053
Total liabilities	404,487	361,025
Shareholders’ equity:
Common stock, $0.01 par value, authorized 25,000,000 shares, issued: 23,000,000 shares; and outstanding: 2023 – 20,599,908 shares, 2022 – 21,076,255 shares	230	230
Additional paid-in capital	96,294	95,671
Unearned employee stock ownership plan shares	(698)	(941)
Retained earnings	208,376	214,121
Accumulated other comprehensive income (loss), net of income taxes	(21,384)	(29,286)
Treasury stock, at cost, 2023 – 2,330,297 shares, 2022 – 1,829,635 shares	(35,177)	(28,818)
Non-controlling interest	2,758	2,230
Total shareholders’ equity	250,399	253,207
Total liabilities and shareholders’ equity	$ 654,886	$ 614,232

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 Mon Apr 22 2024, market cap of NI Holdings Inc is 305.73 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 Mon Apr 22 2024, NODK's PE ratio (Price to Earnings) is -55.83 and Price to Sales (PS) ratio is 0.87. 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.