YOLFTbeta
NI Holdings Inc

NI Holdings Inc

NODK · NASDAQ · Financial Services / Insurance - Property & Casualty

14.98USD+0.01 (+0.07%)

Price History

Full chart

Market Stats

Previous Close14.97
Open15.17
Day Range14.82 – 15.17
52-Week Range12.37 – 16.70
Volume2.82K
Market Cap301.99M
P/E (TTM)38.95
Forward P/E0.00
EPS0.38
Dividend Yield0.00%
Beta0.35
50-Day Avg15.34
200-Day Avg14.17

About

NI Holdings, Inc., together with its subsidiaries, underwrites property and casualty insurance products in the United States. Its products include private passenger auto, homeowners, farm owners, commercial multi-peril, crop hail, excess liability, dwelling, and federal multi-peril crop insurance policies, as well as non-standard automobile 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.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Property & Casualty
  • CEOMs. Cindy L. Launer
  • Employees166
  • Headquarters1101 First Avenue North, Fargo, ND, United States, 58102, USA
  • Websitehttps://www.niholdingsinc.com

Leadership

  • Ms. Cindy L. LaunerCEO, President & Director · b. 1972
  • Mr. Kevin D. ElfstrandSenior VP, Chief Accounting Officer & Secretary · b. 1980
  • Mr. Douglas A. DuncanSenior VP & Chief Information Officer · b. 1962
  • Mr. Jay LarsenSenior Vice President of Sales & Distribution
  • Ms. Kelly C. DawsonSenior VP & Chief Human Resources Officer
  • Mr. Brandon R. NicolSenior VP of Reinsurance & Chief Underwriting Officer
  • Mr. Chris OenSenior VP & Chief Claims Officer
  • Mr. Dominic Arthur Weber FCAS, MAAASenior Vice President of Strategy
  • Mr. Joe LawlessVice President & Chief Actuary

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue137.71M145.72M163.75M189.14M212.37M270.78M306.36M323.97M267.78M304.02M325.20M285.05M
Growth (%)-+5.81%+12.37%+15.51%+12.28%+27.50%+13.14%+5.75%-17.34%+13.53%+6.97%-12.35%
Cost of Revenue105.83M102.50M138.93M122.79M115.08M167.18M219.94M280.95M295.36M254.15M278.72M200.79M
Gross Profit31.89M43.22M24.82M66.35M97.29M103.60M86.41M43.02M-27.57M49.87M46.48M84.26M
Gross Margin23.15%29.66%15.16%35.08%45.81%38.26%28.21%13.28%-10.30%16.40%14.29%29.56%
Operating Expense11.68M17.35M18.70M44.34M58.12M69.79M33.60M31.71M25.30M29.33M36.34M96.59M
Operating Income20.21M25.87M6.12M22.01M39.16M33.81M52.82M11.31M-52.88M20.55M10.14M-12.33M
Operating Margin14.67%17.76%3.74%11.63%18.44%12.49%17.24%3.49%-19.75%6.76%3.12%-4.33%
EBITDA20.63M26.45M6.62M22.55M43.16M36.06M58.75M12.47M-52.22M21.27M10.83M-11.54M
EBITDA Margin14.98%18.15%4.04%11.92%20.32%13.32%19.18%3.85%-19.50%7.00%3.33%-4.05%
Net Income13.77M17.46M4.55M15.99M31.08M26.40M40.39M8.42M-53.10M-5.48M-6.06M-10.41M
Net Income Margin10.00%11.98%2.78%8.45%14.64%9.75%13.18%2.60%-19.83%-1.80%-1.86%-3.65%
R&D-0000-------
R&D as % of Total Revenue-0.00%0.00%0.00%0.00%-------
Interest Expense0000000087.17M---
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%32.55%---

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets247.22M258.62M278.70M376.99M458.49M508.16M617.60M651.78M614.23M654.89M526.54M506.00M
Total Liabilities111.52M108.71M125.28M121.42M182.74M198.36M268.73M304.37M361.38M404.49M282.43M265.67M
Total Equity132.34M146.53M149.90M252.40M272.49M306.30M344.33M343.20M250.98M247.64M244.63M240.34M
Cash21.73M14.52M18.32M27.59M68.95M62.13M101.08M70.62M47.00M41.04M50.93M51.72M
Total Debt--------359.00K2.06M513.00K1.39M
Net Debt-21.73M-14.52M-18.32M-27.59M-68.95M-62.13M-101.08M-70.62M-46.64M-41.04M-50.42M-51.72M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow10.41M17.18M7.31M18.43M20.95M25.66M51.01M29.17M-30.39M25.97M18.08M-15.27M
Investing Cash Flow-3.05M-24.39M-3.51M-91.86M23.40M-30.46M200.00K-48.15M25.05M-8.81M-4.54M18.84M
Financing Cash Flow82.71M82.71M82.71M82.71M-3.00M-2.02M-12.27M-11.47M-18.28M-7.47M-3.64M-2.78M
Capital Expenditure620.00K531.00K548.00K1.33M1.55M1.29M543.00K696.00K1.16M974.00K991.00K217.00K
Free Cash Flow9.79M16.65M6.76M17.09M19.40M24.38M50.47M28.47M-31.55M25.00M17.09M-15.49M
Dividends Paid-002.40M0-6.00M-3.00M---
FCF to OCF94.04%96.91%92.50%92.76%92.59%94.97%98.94%97.61%103.82%96.25%94.52%101.42%
Dividend Paid to FCF-0.00%0.00%14.04%0.00%-11.89%--9.51%---

Earnings

Report DateMar 31, 2017May 12, 2017Aug 11, 2017Nov 13, 2017Mar 7, 2018May 4, 2018Aug 3, 2018Nov 13, 2018Mar 13, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Mar 11, 2020May 6, 2020Aug 5, 2020Nov 4, 2020Mar 10, 2021May 5, 2021Aug 4, 2021Nov 5, 2021Mar 9, 2022May 6, 2022Aug 4, 2022Nov 7, 2022Mar 8, 2023May 8, 2023Aug 8, 2023Nov 7, 2023Mar 15, 2024May 9, 2024Aug 8, 2024Nov 5, 2024Mar 13, 2025May 7, 2025Aug 7, 2025Nov 6, 2025Mar 6, 2026May 8, 2026Aug 7, 2026Nov 6, 2026
EPS Estimate0.00---------------------------------------
EPS Actual0.210.210.01-0.120.570.270.010.440.670.620.11-0.320.77-0.160.850.171.000.45-0.12-0.220.280.09-2.15-0.470.04-0.20-0.380.010.310.30-0.77-0.130.470.31-0.57-0.08-0.150.600.01-
Surprise----------------------------------------
Timing--------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hours

Key Statistics & Ratios

Market Cap301.99M
Enterprise Value249.56M
Trailing P/E38.95
Forward P/E0.00
PEG Ratio0.00
Price / Sales1.13
Price / Book1.21
EPS0.38
Book Value12.21
Revenue (TTM)267.40M
Gross Profit (TTM)11.19M
EBITDA11.93M
Profit Margin2.93%
Operating Margin0.33%
Return on Equity3.18%
Return on Assets1.20%
Shares Outstanding20.40M
Shares Float6.05M
Beta0.35
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
25.01%
Insiders
68.50%
Retail / Other
6.49%

Top Institutional Holders

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    670.00K3.28%
  • BlackRock Inc
    528.80K2.59%
  • Dimensional Fund Advisors, Inc.
    360.72K1.77%
  • Vanguard Capital Management, LLC
    294.80K1.44%
  • TCW Group Inc
    210.12K1.03%
  • Geode Capital Management, LLC
    153.70K0.75%
  • State Street Corp
    138.75K0.68%
  • Minerva Advisors LLC
    129.90K0.64%
  • Orchard Capital Management, Llc
    120.74K0.59%
  • Renaissance Technologies Corp
    89.19K0.44%
  • Bridgeway Capital Management, LLC
    80.97K0.40%
  • Universal- Beteiligungs- und Servicegesellschaft mbH
    70.55K0.35%
  • Northern Trust Corp
    62.62K0.31%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    187.61K0.92%
  • iShares Russell 2000 ETF
    182.36K0.89%
  • iShares Russell 2000 Value ETF
    80.09K0.39%
  • Orchard US Small Cap Value USD Instl 1
    70.55K0.35%
  • DFA US Targeted Value I
    69.11K0.34%
  • Fidelity Small Cap Index
    66.71K0.33%