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NI Holdings Inc (NODK) Stock Forecast & Price Prediction

Live NODK Stock Price & Analysis

Home โ€บ Stocks โ€บ United States | NASDAQ | Financial Services | Insurance - Property & Casualty

$14.50

-0.24 (-1.63%)

12 Month Price Forecast For NODK

$14.50
Current Price
$304.36M
Market Cap
0 Ratings
Buy 0
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to NODK Price Forecasts

N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A

NODK Price Momentum

-2.0%
1 Week Change
-5.9%
1 Month Change
+10.7%
1 Year Change
-7.6%
Year-to-Date Change
-15.9%
From 52W High of $17.24
+12.9%
From 52W Low of $12.85

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: January 23, 2025 11:10 AM UTC

NODK Analyst Ratings & Price Targets

Currently, there are no Wall Street analyst price targets or forecasts available for NODK (NI Holdings).

NODK is currently trading at $14.50. Without active analyst coverage, investors should conduct thorough independent research and consider multiple data points beyond price targets when evaluating this stock for their portfolio.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

NODK Analyst Consensus

0
Buy
0
Hold
0
Sell

NODK Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $14.50

Latest NODK Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for NODK.

Date Firm Analyst Rating Change Price Target

Stocks Similar to NI Holdings Inc

The following stocks are similar to NI Holdings based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

NI Holdings Inc (NODK) Financial Data

NI Holdings Inc has a market capitalization of $304.36M with a P/E ratio of 64.7x. The company generates $391.66M in trailing twelve-month revenue with a -2.4% profit margin.

Revenue growth is +14.0% quarter-over-quarter, while maintaining an operating margin of -3.9% and return on equity of -3.6%.

Valuation Metrics

Market Cap $304.36M
Enterprise Value $267.19M
P/E Ratio 64.7x
PEG Ratio -0.7x
Price/Sales 0.8x

Growth & Margins

Revenue Growth (YoY) +14.0%
Gross Margin N/A
Operating Margin -3.9%
Net Margin -2.4%
EPS Growth +14.0%

Financial Health

Cash/Price Ratio +13.1%
Current Ratio 0.5x
Debt/Equity 0.8x
ROE -3.6%
ROA -0.1%

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NI Holdings Inc logo

NI Holdings Inc (NODK) Company Overview

About NI Holdings Inc

What They Do

Underwrites property and casualty insurance products.

Business Model

The company generates revenue by underwriting a variety of insurance products, including auto, homeowners, and liability insurance policies. By providing coverage for both standard and non-standard risks, NI Holdings targets a diverse customer base, allowing for multiple income streams from premiums.

Additional Information

Founded in 1946 and based in Fargo, North Dakota, NI Holdings operates as a subsidiary of Nodak Mutual Group, Inc., which may provide additional resources and stability to its operations.

Company Information

Sector

Financial Services

Industry

Insurance - Property & Casualty

Employees

219

CEO

Mr. Seth Christopher Daggett C.P.A.

Country

United States

IPO Year

2017

NI Holdings Inc (NODK) Latest News & Analysis

NODK stock latest news image
Quick Summary

NI Holdings, Inc. (NASDAQ: NODK) appointed Seth C. Daggett as President and CEO effective December 1, 2024. He previously served as CFO and Treasurer, succeeding interim CEO Cindy L. Launer.

Why It Matters

Leadership changes can signal shifts in company strategy and operational focus. Investors may reassess their positions based on Daggett's track record and vision for NI Holdings.

Source: GlobeNewsWire
Market Sentiment: Neutral
NODK stock latest news image
Quick Summary

NI Holdings, Inc. (NASDAQ: NODK) reported its financial results for Q3 2024, ending September 30, 2024, as announced on November 7, 2024. Further details on performance were not provided.

Why It Matters

NI Holdings' quarterly results can influence stock performance, earnings outlook, and investor sentiment, affecting share prices and investment strategies.

Source: GlobeNewsWire
Market Sentiment: Neutral
NODK stock latest news image
Quick Summary

American Family Insurance is selling its non-standard auto insurance to Sentry Insurance. NI Holdings, Inc. is undervalued at 75% of FCTBV and may benefit from remutualization at $27.50 per share.

Why It Matters

The sale of American Family Insurance's non-standard auto business suggests a trend in mutual insurance deals, potentially increasing NI Holdings' valuation if remutualized.

Source: Seeking Alpha
Market Sentiment: Positive
NODK stock latest news image
Quick Summary

NI Holdings, Inc. (NASDAQ: NODK) announced the resignation of CEO Michael J. Alexander, effective August 13, 2024. Cindy L. Launer has been appointed Interim CEO.

Why It Matters

Leadership changes can create uncertainty about a company's direction, impacting stock performance and investor confidence. The appointment of an interim CEO may signal potential shifts in strategy.

Source: GlobeNewsWire
Market Sentiment: Neutral
NODK stock latest news image
Quick Summary

NI Holdings, Inc. (NASDAQ: NODK) released its financial results for Q2 2024, ending June 30, 2024. Further details on performance were not provided in the excerpt.

Why It Matters

NI Holdings' quarterly results can impact stock performance, affecting investor sentiment and potentially influencing future earnings forecasts and valuations.

Source: GlobeNewsWire
Market Sentiment: Neutral
NODK stock latest news image
Quick Summary

NI Holdings, Inc. has completed the sale of its subsidiary, Westminster American Insurance Company, for $10.5 million in cash, with adjustments as per the May 7 agreement.

Why It Matters

The sale of Westminster American Insurance for $10.5 million enhances NI Holdings' liquidity and may improve its financial position, impacting future growth and investment strategies.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About NODK Stock

What is NI Holdings Inc's (NODK) stock forecast for 2025?

Analyst forecasts for NI Holdings Inc (NODK) are not currently available. The stock is trading at $14.50.

Is NODK stock a good investment in 2025?

Analyst ratings for NODK are not currently available. The stock is currently trading at $14.50. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for NODK stock?

Price predictions from Wall Street analysts for NODK are not currently available. The stock is trading at $14.50.

What is NI Holdings Inc's business model?

The company generates revenue by underwriting a variety of insurance products, including auto, homeowners, and liability insurance policies. By providing coverage for both standard and non-standard risks, NI Holdings targets a diverse customer base, allowing for multiple income streams from premiums.

What is the highest forecasted price for NODK NI Holdings Inc?

Price targets from Wall Street analysts for NODK are not currently available. The stock is trading at $14.50.

What is the lowest forecasted price for NODK NI Holdings Inc?

Price targets from Wall Street analysts for NODK are not currently available. The stock is trading at $14.50.

What is the overall NODK consensus from analysts for NI Holdings Inc?

Analyst ratings for NODK are not currently available. The stock is trading at $14.50.

How accurate are NODK stock price projections?

Stock price projections, including those for NI Holdings Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.