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

Security National Financial (NASDAQ:SNFCA) announced its quarterly earnings results on Monday. The credit services provider reported $0.53 EPS for the quarter, FiscalAI reports. The business had revenue of $82.98 million for the quarter. Security National Financial had a return on equity of 5.30% and a net margin of 5.46%.

Security National Financial Stock Performance

SNFCA stock traded up $0.59 during mid-day trading on Monday, hitting $9.13. 79,219 shares of the company were exchanged, compared to its average volume of 30,268. The firm’s 50 day simple moving average is $8.92 and its 200 day simple moving average is $8.68. Security National Financial has a 1-year low of $7.32 and a 1-year high of $12.38. The firm has a market cap of $237.39 million, a P/E ratio of 12.49 and a beta of 0.75.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Security National Financial in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Hedge Funds Weigh In On Security National Financial

Hedge funds have recently made changes to their positions in the business. Invesco Ltd. grew its holdings in shares of Security National Financial by 7.8% in the 4th quarter. Invesco Ltd. now owns 16,973 shares of the credit services provider’s stock valued at $153,000 after acquiring an additional 1,221 shares in the last quarter. Veradace Capital Management LLC acquired a new position in Security National Financial during the fourth quarter valued at approximately $3,181,000. EP Wealth Advisors LLC bought a new position in Security National Financial in the fourth quarter valued at approximately $575,000. Empowered Funds LLC increased its position in shares of Security National Financial by 11.7% during the 4th quarter. Empowered Funds LLC now owns 82,470 shares of the credit services provider’s stock worth $743,000 after purchasing an additional 8,651 shares during the last quarter. Finally, Verdad Advisers LP acquired a new position in shares of Security National Financial during the 4th quarter worth approximately $728,000. 45.58% of the stock is owned by institutional investors.

Security National Financial Company Profile

Security National Financial Corp. is a diversified provider of mortgage lending, settlement and technology services under the NASDAQ ticker SNFCA. Through its primary subsidiaries—Security National Mortgage Company and Titan Lenders Corp—the company originates and funds residential mortgage loans across retail, wholesale and correspondent channels. Its platform supports a full range of loan products, including conventional, government-insured and jumbo financing tailored to homebuyers and investors.

Established in 1989, Security National Mortgage Company operates a nationwide branch network in all 50 states, offering local origination backed by centralized underwriting and closing services.