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Equities researchers at Keefe, Bruyette & Woods began coverage on shares of Federated Nat (NASDAQ:FNHC) in a research report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at William Blair initiated coverage on shares of Federated Nat in a research note on Friday. They set an “outperform” rating on the stock. Separately, 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. Finally, 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. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Federated Nat presently has an average rating of “Buy” and an average price target of $24.25.

Federated Nat (NASDAQ:FNHC) opened at 24.70 on Tuesday. Federated Nat has a 52-week low of $8.30 and a 52-week high of $26.60. The stock’s 50-day moving average is $22.78 and its 200-day moving average is $20.62. The company has a market cap of $341.0 million and a price-to-earnings ratio of 8.62.

Federated Nat (NASDAQ:FNHC) last announced its earnings results on Tuesday, July 29th. The company reported $1.01 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.61 by $0.40. Analysts expect that Federated Nat will post $2.17 EPS for the current fiscal year.

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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