Several brokerages have updated their recommendations and price targets on shares of National General Holdings Corp (NASDAQ: NGHC) in the last few weeks:

  • 8/29/2017 – National General Holdings Corp had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $27.00 price target on the stock.
  • 8/11/2017 – National General Holdings Corp was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “National General Holdings Corp. is a specialty personal lines insurance holding company. The Company, through its subsidiaries, provides personal and commercial automobile insurance, recreational vehicle and motorcycle insurance, supplemental health insurance products and other niche insurance products. It operates in two segments, Property and Casualty and Accident and Health. The Property and Casualty segment offers standard and preferred automobile and sub-standard automobile insurance policies; Recreational vehicle insurance policies; commercial automobile insurance policies; and motorcycle insurance policies for various types of motorcycles, as well as golf carts and all-terrain vehicles. The Accident and Health segment provides accident and non-major medical health insurance products. National General Holdings Corp. is headquartered in New York. “
  • 8/10/2017 – National General Holdings Corp had its price target lowered by analysts at Morgan Stanley from $25.00 to $23.00. They now have an “equal weight” rating on the stock.
  • 8/9/2017 – National General Holdings Corp was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/8/2017 – National General Holdings Corp was downgraded by analysts at TheStreet from a “b-” rating to a “c” rating.
  • 7/31/2017 – National General Holdings Corp was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/25/2017 – National General Holdings Corp had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $27.00 price target on the stock.
  • 7/24/2017 – National General Holdings Corp was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/20/2017 – National General Holdings Corp was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. They now have a $24.00 price target on the stock. According to Zacks, “National General Holdings Corp. is a specialty personal lines insurance holding company. The Company, through its subsidiaries, provides personal and commercial automobile insurance, recreational vehicle and motorcycle insurance, supplemental health insurance products and other niche insurance products. It operates in two segments, Property and Casualty and Accident and Health. The Property and Casualty segment offers standard and preferred automobile and sub-standard automobile insurance policies; Recreational vehicle insurance policies; commercial automobile insurance policies; and motorcycle insurance policies for various types of motorcycles, as well as golf carts and all-terrain vehicles. The Accident and Health segment provides accident and non-major medical health insurance products. National General Holdings Corp. is headquartered in New York. “

Shares of National General Holdings Corp (NASDAQ NGHC) opened at 17.45 on Wednesday. The company has a market capitalization of $1.86 billion, a PE ratio of 23.58 and a beta of 1.25. National General Holdings Corp has a 12 month low of $17.30 and a 12 month high of $26.99. The firm has a 50-day moving average of $19.92 and a 200 day moving average of $22.06.

National General Holdings Corp (NASDAQ:NGHC) last announced its earnings results on Monday, August 7th. The insurance provider reported $0.11 EPS for the quarter, missing the consensus estimate of $0.39 by $0.28. National General Holdings Corp had a net margin of 2.13% and a return on equity of 7.80%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $966.51 million. During the same quarter in the previous year, the company earned $0.41 EPS. The firm’s revenue for the quarter was up 36.2% on a year-over-year basis. On average, equities research analysts expect that National General Holdings Corp will post $1.37 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Sunday, October 1st will be given a dividend of $0.04 per share. The ex-dividend date is Thursday, September 28th. This represents a $0.16 annualized dividend and a dividend yield of 0.92%. National General Holdings Corp’s payout ratio is 22.22%.

In related news, COO Peter A. Rendall sold 30,901 shares of the company’s stock in a transaction that occurred on Friday, June 30th. The stock was sold at an average price of $21.06, for a total transaction of $650,775.06. Following the transaction, the chief operating officer now directly owns 126 shares of the company’s stock, valued at approximately $2,653.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Peter A. Rendall sold 32,659 shares of the company’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $22.05, for a total value of $720,130.95. Following the transaction, the chief operating officer now directly owns 63,686 shares in the company, valued at $1,404,276.30. The disclosure for this sale can be found here. 3.43% of the stock is owned by corporate insiders.

National General Holdings Corp. is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.

Receive News & Ratings for National General Holdings Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National General Holdings Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.