National Western Life Insurance Co. () Rating Lowered to Hold at TheStreet (NWLI)
National Western Life Insurance Co. () (NASDAQ:NWLI) was downgraded by research analysts at TheStreet from a “buy” rating to a “hold” rating in a report released on Tuesday, Stock Ratings Network.com reports.
The analysts wrote, “National Western Life Insurance (NWLI) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company’s profit margins have been poor overall.”
National Western Life Insurance Co. (NASDAQ:NWLI) traded up 0.75% on Tuesday, hitting $207.50. The stock had a trading volume of 1,272 shares. National Western Life Insurance Co. has a one year low of $137.25 and a one year high of $220.05. The stock has a 50-day moving average of $210.2 and a 200-day moving average of $191.9. The company has a market cap of $754.1 million and a price-to-earnings ratio of 8.04.
The company also recently declared a annual dividend, which is scheduled for Wednesday, December 4th. Investors of record on Thursday, October 31st will be given a dividend of $0.36 per share. This represents a yield of 0.17%. The ex-dividend date of this dividend is Tuesday, October 29th.
National Western Life Insurance Company (NASDAQ:NWLI) is a stock life insurance company.
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