NI Holdings, Inc. (NODK)
NASDAQ:NODK
NODK Stock Chart & Stats
$13.27
-$0.03(-0.23%)
At close: 4:00 PM EST
$13.27
-$0.03(-0.23%)
Day’s Range― - ―
52-Week Range$12.01 - $14.70
Previous CloseN/A
Volume3.09K
Average Volume (3M)9.46K
Market Cap
$263.29M
Enterprise Value$264.87M
Total Cash (Recent Filing)$678.00K
Total Debt (Recent Filing)$1.39M
Price to Earnings (P/E)―
Beta0.37
Next Earnings
May 07, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding20,537,521
10 Day Avg. Volume11,041
30 Day Avg. Volume9,461
Financial Highlights & Ratios
PEG Ratio-0.37
Price to Book (P/B)1.16
Price to Sales (P/S)0.98
P/FCF Ratio-18.02
Enterprise Value/Market Cap1.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet And Low LeverageVery low debt-to-equity (near 0.7%–0.8% in 2022–2024 and 0% earlier) and substantial equity (~$245M) provide a durable capital buffer. This supports underwriting volatility, catastrophe absorbency, and capacity for reinsurance or reserve strengthening without forcing rapid external financing.
Recent Positive Operating Cash GenerationDespite accounting losses, the company produced meaningful operating and free cash flow in 2023–2024, demonstrating an ability to convert premium receipts into cash. Durable cash generation reduces reliance on capital markets for near-term obligations and funds claims, reinsurance, and targeted expense investments.
Focused Regional P&C Franchise And Product MixA concentrated Upper Midwest footprint and focus on standard personal and commercial lines create underwriting expertise and local market knowledge. That regional focus supports stable premium retention through independent agents and enables targeted pricing and risk selection advantages versus broad, unfocused competitors.
Bears Say
Sustained Net Losses And Weak ReturnsThe firm remains unprofitable in 2023–2024 with operating margins falling (EBIT margin from ~6.8% to ~3.1%) and negative net income, meaning shareholder capital is not earning positive returns. Persistent losses pressure retained earnings and constrain reinvestment or dividend capacity over the medium term.
Volatile Cash Flows And Negative TTM CashCash flows swung from meaningful positive free cash flow in 2023–2024 to negative on a TTM basis, indicating instability in underwriting or investment timing. This volatility raises the risk of needing external capital for reserves, reinsurance, or working capital in adverse periods, limiting strategic flexibility.
Major Data-quality Red Flag In Reported TTM RevenueReported TTM revenue of zero undermines confidence in current top-line run-rate and makes trend analysis unreliable. For an insurer, unclear premium recognition impedes assessment of underwriting momentum, pricing adequacy, reserve sufficiency, and capital planning across the next several months.
NI Holdings News
NODK FAQ
What was NI Holdings, Inc.’s price range in the past 12 months?
NI Holdings, Inc. lowest stock price was $12.01 and its highest was $14.70 in the past 12 months.
What is NI Holdings, Inc.’s market cap?
NI Holdings, Inc.’s market cap is $263.29M.
When is NI Holdings, Inc.’s upcoming earnings report date?
NI Holdings, Inc.’s upcoming earnings report date is May 07, 2026 which is in 31 days.
How were NI Holdings, Inc.’s earnings last quarter?
NI Holdings, Inc. released its earnings results on Mar 06, 2026. The company reported -$0.154 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.154.
Is NI Holdings, Inc. overvalued?
According to Wall Street analysts NI Holdings, Inc.’s price is currently Overvalued.
Does NI Holdings, Inc. pay dividends?
NI Holdings, Inc. does not currently pay dividends.
What is NI Holdings, Inc.’s EPS estimate?
NI Holdings, Inc.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does NI Holdings, Inc. have?
NI Holdings, Inc. has 20,537,521 shares outstanding.
What happened to NI Holdings, Inc.’s price movement after its last earnings report?
NI Holdings, Inc. reported an EPS of -$0.154 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.412%.
Which hedge fund is a major shareholder of NI Holdings, Inc.?
Currently, no hedge funds are holding shares in NODK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
NI Holdings Stock Smart Score
Underperform
1
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4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.29%
12-Months-Change
Fundamentals
Return on Equity
-4.24%
Trailing 12-Months
Asset Growth
-4.21%
Trailing 12-Months
Company Description
NI Holdings, Inc.
NI Holdings, Inc. underwrites property and casualty insurance products in the United States. The company's products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. is a subsidiary of Nodak Mutual Group, Inc.
Technical Analysis
Donegal Group
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Kingstone Companies
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American Coastal Insurance
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Ownership Overview
1.10% Insiders
4.01% Mutual Funds
15.04% Other Institutional Investors
76.46% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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