Streetbeat News

NODK

NI Holdings, Inc.

https://www.niholdingsinc.com

Industry

Insurance - Property & Casualty

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. is a subsidiary of Nodak Mutual Group, Inc.

Open

16.38

Mkt cap

345M

Volume

13K

High

16.70

P/E Ratio

-38.84

52-wk high

16.70

Low

16.35

Div yield

N/A

52-wk low

12.50

NI Holdings, Inc. (NASDAQ: NODK) has appointed Seth C. Daggett as the new President and CEO, effective December 1, 2024. Daggett, previously the CFO and Treasurer, succeeds Cindy L. Launer, who was the Interim CEO.

Portfolio Pulse from

November 22, 2024 | 9:30 pm

NI Holdings, Inc. (NASDAQ: NODK) has released its financial results for the third quarter ending September 30, 2024.

Portfolio Pulse from

November 07, 2024 | 9:30 pm

NI Holdings announced that Michael J. Alexander has stepped down as President and CEO, effective August 13. Cindy L. Launer has been named as Interim CEO. The Board of Directors is starting the search for a new CEO with no definitive timeline.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:33 pm

NI Holdings (NASDAQ:NODK) reported a significant improvement in Q1 earnings, posting EPS of $0.31, a 255% increase from a loss of $(0.20) per share YoY. Sales rose 10.22% to $85.56M from $77.63M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:38 pm

NI Holdings, Inc. (NASDAQ:NODK) has agreed to sell its commercial insurance subsidiary, Westminster American Insurance Company, for $10.5 million in cash to a private party. The sale, approved by the Board of Directors and pending regulatory approval, is expected to close in 2024. The proceeds are intended for general corporate purposes. This decision reflects a strategic shift for NI Holdings due to significant market changes, including impacts from the COVID-19 pandemic, inflation, tort liability rulings, and the reinsurance market. The company aims to refocus on its core businesses to improve returns.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 1:11 pm

NI Holdings (NASDAQ:NODK) reported a significant increase in Q4 earnings per share (EPS) to $0.32, up 700% from $0.04 YoY. Sales also rose by 4.63% to $88.59M from $84.67M YoY.

Portfolio Pulse from Happy Mohamed

March 15, 2024 | 8:17 pm

In Friday's intraday session, insurance stocks saw movement with Reliance Global Group, Huize Holding, Marpai, Kemper Corporation, American Financial Group, and NI Holdings experiencing gains, while GoHealth, Lemonade, SelectQuote, FG Finl Gr, American Coastal, and eHealth faced declines. The gains and losses are based on percentage changes in stock prices and are accompanied by trading volumes which are compared to their average full-day volumes over the last 100 days.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:40 pm

In Tuesday's intraday session, several insurance stocks experienced notable movements. Gainers included Abacus Life (ABL), Maiden Hldgs (MHLD), Cheche Group (CCG), American Coastal (ACIC), Tiptree (TIPT), and Brighthouse Finl (BHFAM), with increases ranging from 1.8% to 6.29%. On the losing side, Hallmark Financial Servs (HALL), Hippo Holdings (HIPO), NI Holdings (NODK), Marpai (MRAI), Kingstone Companies (KINS), and SelectQuote (SLQT) saw declines between 1.65% and 4.03%. All stocks traded at volumes representing 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 5:40 pm

NI Holdings (NASDAQ:NODK) reported Q3 earnings of $0.01 per share, a 102.13% increase YoY. The company also reported $90.77 million in sales, a 1.38% increase YoY.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 10:34 pm

Insurance stocks showed mixed performance in Monday's intraday session. Gainers included eHealth (EHTH), Citizens (CIA), FG Finl Gr (FGF), Lincoln National (LNC), NI Holdings (NODK), and Trupanion (TRUP). Losers included Cheche Group (CCG), GoHealth (GOCO), Hallmark Financial Servs (HALL), Skyward Specialty (SKWD), Global Indemnity Group (GBLI), and Fanhua (FANH).

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 5:40 pm

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