Federated National (FNHC) Receiving Somewhat Positive News Coverage, Analysis Shows

News headlines about Federated National (NASDAQ:FNHC) have been trending somewhat positive on Friday, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Federated National earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 45.488863726968 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

NASDAQ FNHC traded up $0.02 during trading on Friday, hitting $16.73. The company’s stock had a trading volume of 9,444 shares, compared to its average volume of 49,362. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.22. The company has a market cap of $220.39, a P/E ratio of 27.83 and a beta of 1.03. Federated National has a 52 week low of $9.78 and a 52 week high of $17.50.

Federated National (NASDAQ:FNHC) last issued its quarterly earnings results on Tuesday, March 13th. The insurance provider reported $0.48 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.02. The company had revenue of $98.29 million for the quarter, compared to the consensus estimate of $85.82 million. Federated National had a return on equity of 3.79% and a net margin of 2.29%. sell-side analysts expect that Federated National will post 2 earnings per share for the current fiscal year.



The firm also recently declared a quarterly dividend, which will be paid on Friday, June 1st. Shareholders of record on Tuesday, May 1st will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.91%. The ex-dividend date is Monday, April 30th. Federated National’s dividend payout ratio is currently 53.33%.

Federated National declared that its Board of Directors has approved a stock buyback program on Tuesday, December 19th that allows the company to repurchase $10.00 million in outstanding shares. This repurchase authorization allows the insurance provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

FNHC has been the topic of several recent analyst reports. Zacks Investment Research raised Federated National from a “hold” rating to a “strong-buy” rating and set a $19.00 price target on the stock in a research report on Wednesday, March 14th. Keefe, Bruyette & Woods set a $22.00 price target on Federated National and gave the stock a “buy” rating in a research report on Thursday, December 21st. Finally, ValuEngine raised Federated National from a “sell” rating to a “hold” rating in a research report on Friday, December 29th.

In other Federated National news, Director Jenifer G. Kimbrough sold 4,241 shares of Federated National stock in a transaction that occurred on Friday, March 16th. The stock was sold at an average price of $16.79, for a total value of $71,206.39. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 10.78% of the company’s stock.

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Federated National Company Profile

Federated National Holding Company, through its subsidiaries, engages in insurance underwriting, distribution, and claims processing business in the United States. The company underwrites homeowner's multi-peril, personal automobile, commercial general liability, federal flood, and other lines of insurance.

Insider Buying and Selling by Quarter for Federated National (NASDAQ:FNHC)

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