Security National Financial (NASDAQ:SNFCA) Releases Quarterly Earnings Results

Security National Financial (NASDAQ:SNFCAGet Free Report) posted its earnings results on Tuesday. The credit services provider reported $0.33 earnings per share (EPS) for the quarter, reports. The business had revenue of $81.19 million for the quarter. Security National Financial had a net margin of 4.55% and a return on equity of 4.81%.

Security National Financial Trading Up 3.4 %

SNFCA opened at $7.81 on Thursday. Security National Financial has a 1-year low of $6.44 and a 1-year high of $9.75. The business has a 50 day moving average of $7.27 and a 200-day moving average of $7.89. The stock has a market capitalization of $179.79 million, a price-to-earnings ratio of 12.07 and a beta of 0.95.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Security National Financial from a “hold” rating to a “strong-buy” rating in a research note on Wednesday.

Get Our Latest Analysis on SNFCA

Institutional Investors Weigh In On Security National Financial

Several hedge funds have recently made changes to their positions in SNFCA. Barclays PLC increased its stake in Security National Financial by 4.6% in the third quarter. Barclays PLC now owns 31,184 shares of the credit services provider’s stock valued at $245,000 after acquiring an additional 1,366 shares during the period. Bank of New York Mellon Corp boosted its holdings in Security National Financial by 6.5% during the third quarter. Bank of New York Mellon Corp now owns 40,535 shares of the credit services provider’s stock valued at $318,000 after purchasing an additional 2,469 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Security National Financial by 8.1% in the 1st quarter. Empowered Funds LLC now owns 41,919 shares of the credit services provider’s stock valued at $332,000 after purchasing an additional 3,150 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Security National Financial in the 3rd quarter worth approximately $34,000. Finally, Janney Montgomery Scott LLC boosted its stake in Security National Financial by 9.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 64,798 shares of the credit services provider’s stock valued at $513,000 after buying an additional 5,492 shares in the last quarter. Institutional investors own 45.58% of the company’s stock.

Security National Financial Company Profile

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Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance. It offers various life insurance products, including funeral plans and interest-sensitive life insurance, as well as other traditional life, accident, and health insurance products; annuity products comprising single and flexible premium deferred annuities, and immediate annuities; and diver's accident insurance policies.

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Earnings History for Security National Financial (NASDAQ:SNFCA)

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