Federated National (FNHC) Set to Announce Earnings on Tuesday

Federated National (NASDAQ:FNHC) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, November 6th. Analysts expect Federated National to post earnings of $0.08 per share for the quarter.

Federated National (NASDAQ:FNHC) last issued its quarterly earnings results on Monday, August 6th. The insurance provider reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.19. Federated National had a return on equity of 8.13% and a net margin of 4.42%. The business had revenue of $95.53 million for the quarter, compared to the consensus estimate of $89.55 million. On average, analysts expect Federated National to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of FNHC stock opened at $21.59 on Tuesday. Federated National has a 1-year low of $12.84 and a 1-year high of $26.76. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.21. The firm has a market cap of $271.95 million, a PE ratio of 35.75 and a beta of 1.18.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Thursday, November 1st will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, October 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.48%. Federated National’s dividend payout ratio is 53.33%.

In other Federated National news, Director Richard W. Wilcox, Jr. sold 7,500 shares of the business’s stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $25.35, for a total value of $190,125.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 10.50% of the company’s stock.

A number of research analysts have recently weighed in on the company. BidaskClub downgraded Federated National from a “buy” rating to a “hold” rating in a report on Tuesday, September 11th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $27.00 price target on shares of Federated National in a report on Wednesday, August 8th. Zacks Investment Research downgraded Federated National from a “strong-buy” rating to a “hold” rating in a report on Monday, July 16th. Finally, ValuEngine downgraded Federated National from a “buy” rating to a “hold” rating in a report on Friday, October 12th. One research analyst has rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $27.00.

About Federated National

FedNat 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.

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Earnings History for Federated National (NASDAQ:FNHC)

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