National General Holdings Corp Research Coverage Started at JMP Securities (NGHC)
Research analysts at JMP Securities started coverage on shares of National General Holdings Corp (NASDAQ:NGHC) in a report released on Thursday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.
National General Holdings Corp (NASDAQ:NGHC) opened at 18.55 on Thursday. National General Holdings Corp has a one year low of $13.58 and a one year high of $30.00. The stock’s 50-day moving average is $18.38 and its 200-day moving average is $16.02. The company has a market cap of $1.732 billion and a price-to-earnings ratio of 20.98.
National General Holdings Corp (NASDAQ:NGHC) last released its earnings data on Thursday, August 7th. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.25 by $0.11. Analysts expect that National General Holdings Corp will post $1.18 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 15th. Shareholders of record on Wednesday, October 1st will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.21%. The ex-dividend date of this dividend is Monday, September 29th.
A number of other firms have also recently commented on NGHC. Analysts at FBR Capital Markets raised their price target on shares of National General Holdings Corp from $21.00 to $23.00 in a research note on Tuesday, July 8th. They now have an “outperform” rating on the stock. Analysts at Guggenheim downgraded shares of National General Holdings Corp from a “buy” rating to a “neutral” rating in a research note on Monday, June 23rd. They now have a $18.00 price target on the stock.
National General Holdings Corp., is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides personal and commercial automobile insurance, health insurance products and other niche insurance products.
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