NI is part of the financial services sector and is in the property and casualty insurance industry. The company CEO is Michael J. Alexander. NI Inc is a stock holding company of Nodak Mutual Insurance company and its subsidiaries. The firm and its subsidiaries provide insurance related to auto, home, life and annuities, business, farm and ranch and crop and casualty.



Previous Intraday Performance:

The NODK shares had a previous change of 2.64% which opened at 17.35 and closed at 17.92. It moved to an intraday high of 17.98 and a low of 17.35.

SeekingAlpha:  NI Holdings reports Q1 results

Historical Performance:

Over the last five trading days, NODK shares returned 5.47% and in the past 30 trading days it returned 10.62%. Over three months, it changed 17.43%. In one year it has changed 9.00% and within that year its 52-week high was 18.24 and its 52-week low was 14.37. NODK stock is 24.70% above its 52 Week Low.

Our calculations result in a 200 day moving average of 16.04 and a 50 day moving average of 16.15. Right now, NODK stock is trading 11.74% above its 200 day moving average.

SeekingAlpha:  NI Holdings reports Q1 results

Liquidity:

The company has a market cap of $398.0m with 22.2m shares outstanding and a float of 22.0m shares. Trading volume was 2,984 shares and has experienced an average volume of 9,903 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for NI was 1.39 which ended on 31st of December 2018, which according to the previous close, that is a PE of 12.89.

Base on our calculations, the intrinsic value per share is 9.56, which means it might overvalued by -87.51%

The next earnings report will be: 06-07-2019

The growth of the EPS is critical in understanding the current valuation of NI; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 12.90% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 0.90% of insider ownership and 26.50% of institutional ownership.

I calculated the beta to be 0.01

SeekingAlpha:  BPL, GH, PBYI and JMIA among notable midday movers

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 14.20%, return on assets is 9.08%, profit margin is 16.58%, price-to-sales is 1.65 and price-to-book is 1.34.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 5  : Financial Safety Result
 5  : Past Performance Result
 2  : Valuation Result
 0  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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