National General Holdings Corp (NASDAQ:NGHC) – Research analysts at William Blair boosted their Q4 2018 earnings estimates for National General in a research report issued to clients and investors on Tuesday, August 7th. William Blair analyst A. Klauber now anticipates that the insurance provider will post earnings per share of $0.55 for the quarter, up from their prior forecast of $0.51. William Blair also issued estimates for National General’s Q1 2019 earnings at $0.68 EPS, Q2 2019 earnings at $0.56 EPS and Q4 2019 earnings at $0.71 EPS.

Other equities research analysts have also recently issued research reports about the company. BidaskClub upgraded National General from a “hold” rating to a “buy” rating in a research note on Friday, June 1st. Zacks Investment Research upgraded National General from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Thursday, July 12th. ValuEngine upgraded National General from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. Morgan Stanley boosted their target price on National General from $25.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 9th. Finally, JMP Securities lifted their price target on National General to $28.00 and gave the stock a “market outperform” rating in a research report on Tuesday, May 8th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $29.71.

NGHC stock opened at $28.09 on Friday. The company has a market cap of $3.00 billion, a P/E ratio of 25.77 and a beta of 0.95. National General has a fifty-two week low of $16.21 and a fifty-two week high of $28.25.

National General (NASDAQ:NGHC) last posted its earnings results on Monday, August 6th. The insurance provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.10 billion. National General had a return on equity of 12.35% and a net margin of 3.36%. The firm’s revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 earnings per share.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 15th. Shareholders of record on Monday, October 1st will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Friday, September 28th. National General’s dividend payout ratio (DPR) is 14.68%.

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in shares of National General by 23.2% in the second quarter. BlackRock Inc. now owns 4,208,155 shares of the insurance provider’s stock valued at $110,801,000 after purchasing an additional 793,507 shares during the period. GSA Capital Partners LLP acquired a new position in shares of National General in the second quarter valued at approximately $1,505,000. Swiss National Bank increased its holdings in shares of National General by 20.1% in the second quarter. Swiss National Bank now owns 111,522 shares of the insurance provider’s stock valued at $2,936,000 after purchasing an additional 18,700 shares during the period. Schwab Charles Investment Management Inc. increased its holdings in shares of National General by 22.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 349,994 shares of the insurance provider’s stock valued at $9,216,000 after purchasing an additional 64,014 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in shares of National General by 21.4% in the second quarter. Russell Investments Group Ltd. now owns 459,147 shares of the insurance provider’s stock valued at $12,095,000 after purchasing an additional 80,961 shares during the period. 47.25% of the stock is currently owned by institutional investors and hedge funds.

National General Company Profile

National General Holdings Corp., a specialty personal lines insurance holding company, provides various insurance products and services in the United States. The company operates in two segments, Property and Casualty, and Accident and Health. The Property and Casualty segment offers standard, preferred, and nonstandard automobile insurance products; and recreational vehicle (RV) insurance products that carry RV-specific endorsements comprising automatic personal effects coverage, optional replacement cost coverage, RV storage coverage, and full-time liability coverage.

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Earnings History and Estimates for National General (NASDAQ:NGHC)

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