NI Holdings Inc

Company Profile

NI Holdings Inc had its IPO on 2017-03-16 under the ticker symbol NODK.

The company operates in the Financial Services sector and Insurance-Property & Casualty industry. NI Holdings Inc has a staff strength of 230 employees.

Stock update

Shares of NI Holdings Inc opened at $12.46 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $12.46 - $12.55, and closed at $12.55.

This is a +0.56% increase from the previous day's closing price.

A total volume of 4,892 shares were traded at the close of the day’s session.

In the last one week, shares of NI Holdings Inc have slipped by -1.65%.

NI Holdings Inc's Key Ratios

NI Holdings Inc has a market cap of $262.42 million, indicating a price to book ratio of 1.1836 and a price to sales ratio of 0.9138.

In the last 12-months NI Holdings Inc’s revenue was $361.04 million with a gross profit of $-69029000 and an EBITDA of $-27296000. The EBITDA ratio measures NI Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, NI Holdings Inc’s operating margin was -7.89% while its return on assets stood at -2.6% with a return of equity of -8.54%.

In Q2, NI Holdings Inc’s quarterly earnings growth was a negative -85.1% while revenue growth was a positive 28%.

NI Holdings Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-1.03 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into NI Holdings Inc’s profitability.

NI Holdings Inc stock is trading at a EV to sales ratio of 0.7589 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.9138.

NI Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$687.20 million

Total Liabilities

$12.33 million

Operating Cash Flow

$-18313000.00

Capital Expenditure

$595000

Dividend Payout Ratio

0%

NI Holdings Inc ended 2023 with $687.20 million in total assets and $0 in total liabilities. Its intangible assets were valued at $687.20 million while shareholder equity stood at $238.45 million.

NI Holdings Inc ended 2023 with $0 in deferred long-term liabilities, $12.33 million in other current liabilities, 230000.00 in common stock, $201.52 million in retained earnings and $9.38 million in goodwill. Its cash balance stood at $52.64 million and cash and short-term investments were $52.64 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

NI Holdings Inc’s total current assets stands at $571.87 million while long-term investments were $351.76 million and short-term investments were $412.28 million. Its net receivables were $188.47 million compared to accounts payable of $29.43 million and inventory worth $0.

In 2023, NI Holdings Inc's operating cash flow was $-18313000.00 while its capital expenditure stood at $595000.

Comparatively, NI Holdings Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$12.55

52-Week High

$15.28

52-Week Low

$12.06

Analyst Target Price

$

NI Holdings Inc stock is currently trading at $12.55 per share. It touched a 52-week high of $15.28 and a 52-week low of $15.28. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $13.4 and 200-day moving average was $13.48 The short ratio stood at 2.81 indicating a short percent outstanding of 0%.

Around 6670.7% of the company’s stock are held by insiders while 2541.9% are held by institutions.