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Shares of Federated Nat (NASDAQ:FNHC) hit a new 52-week high on Monday , AmericanBankingNews.com reports. The stock traded as high as $25.76 and last traded at $24.29, with a volume of 365,093 shares trading hands. The stock had previously closed at $23.14.

Separately, analysts at Raymond James raised their price target on shares of Federated Nat from $20.00 to $22.00 in a research note on Monday, May 5th.

The stock has a 50-day moving average of $21.52 and a 200-day moving average of $16.38. The company has a market cap of $271.3 million and a price-to-earnings ratio of 11.82.

Federated Nat (NASDAQ:FNHC) last released its earnings data on Thursday, May 1st. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.24. Analysts expect that Federated Nat will post $1.83 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 2nd. Stockholders of record on Monday, August 4th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date is Thursday, July 31st.

Federated National Holding Company (NASDAQ:FNHC), formerly 21st Century Holding Company, is an insurance holding company, which through its subsidiaries and its contractual relationships with its independent agents and general agents, controls all aspects of the insurance underwriting, distribution and claims processes.

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