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Equities research analysts at William Blair began coverage on shares of Federated Nat (NASDAQ:FNHC) in a research note issued to investors on Friday, reports. The firm set an “outperform” rating on the stock.

Federated Nat (NASDAQ:FNHC) opened at 23.06 on Friday. Federated Nat has a one year low of $8.30 and a one year high of $26.60. The stock’s 50-day moving average is $22.75 and its 200-day moving average is $20.53. The company has a market cap of $318.3 million and a price-to-earnings ratio of 8.91.

Federated Nat (NASDAQ:FNHC) last released its earnings data on Tuesday, July 29th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.40. On average, analysts predict that Federated Nat will post $2.13 earnings per share for the current fiscal year.

FNHC has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Federated Nat from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 7th. They now have a $22.50 price target on the stock. Analysts at Raymond James reiterated an “outperform” rating on shares of Federated Nat in a research note on Monday, June 16th. They now have a $26.00 price target on the stock, up previously from $22.00.

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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