Ni Holdings Stock Today
| NODK Stock | USD 16.70 0.21 1.27% |
Performance10 of 100
| Odds Of DistressLess than 36
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NI Holdings is selling for 16.70 as of the 24th of November 2024. This is a 1.27 percent increase since the beginning of the trading day. The stock's last reported lowest price was 16.35. NI Holdings has about a 36 percent probability of financial distress in the next few years of operation 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 25th of October 2024 and ending today, the 24th of November 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 20.65 M outstanding shares of which 35.91 K shares are now shorted by private and institutional investors with about 1.24 trading days to cover. More on NI Holdings
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NODK Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsNI Holdings can leverage 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.
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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 344.83 M. NI Holdings conducts business under Insurance sector and is part of Financials industry. The entity has 20.65 M outstanding shares of which 35.91 K shares are now shorted by private and institutional investors with about 1.24 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.
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Ownership AllocationNI Holdings secures a total of 20.65 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. 67.42 % 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.
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NODK Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| J. Goldman & Co Lp | 2024-09-30 | 105.7 K | |
| Renaissance Technologies Corp | 2024-09-30 | 83 K | |
| Northern Trust Corp | 2024-09-30 | 64.5 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 34.3 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 33.3 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 | 2024-09-30 | 22.7 K | |
| Asset Allocation & Management Company, Llc | 2024-09-30 | 21.6 K | |
| M3f, Inc. | 2024-09-30 | 1.1 M | |
| Newtyn Management Llc | 2024-09-30 | 631.8 K |
NI Holdings Historical Income Statement
NODK Stock Against Markets
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 (0.43) | Revenue Per Share 18.702 | Quarterly Revenue Growth 0.14 | Return On Assets (0) |
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.