National Interstate Corp. (NASDAQ:NATL)’s share price gapped up before the market opened on Friday . The stock had previously closed at $30.65, but opened at $30.69. National Interstate Corp. shares last traded at $30.94, with a volume of 32,280 shares trading hands.

A number of brokerages recently commented on NATL. Zacks Investment Research raised National Interstate Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, April 27th. Raymond James Financial Inc. lowered National Interstate Corp. from a “market perform” rating to an “underperform” rating in a research note on Friday, April 15th.

The company has a market capitalization of $616.48 million and a price-to-earnings ratio of 30.04. The stock’s 50 day moving average is $30.68 and its 200-day moving average is $28.57.

National Interstate Corp. (NASDAQ:NATL) last issued its quarterly earnings data on Monday, May 2nd. The company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by $0.01. On average, equities research analysts predict that National Interstate Corp. will post $1.60 earnings per share for the current fiscal year.

An institutional investor recently raised its position in National Interstate Corp. stock. Dimensional Fund Advisors LP increased its stake in shares of National Interstate Corp. (NASDAQ:NATL) by 1.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 695,785 shares of the company’s stock after buying an additional 10,757 shares during the period. Dimensional Fund Advisors LP owned about 3.50% of National Interstate Corp. worth $18,578,000 at the end of the most recent quarter.

National Interstate Corporation and its subsidiaries operate as an insurance holding company that underwrites and sells traditional and alternative property and casualty insurance products to the passenger transportation, trucking and moving and storage industries, general commercial insurance to small businesses in Hawaii and Alaska and personal insurance to owners of recreational vehicles throughout the United States.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.