National Interstate (NATL) Stock Price, News & Analysis

Company Overview

National Interstate Corporation and its subsidiaries operate as an insurance holding company that underwrites and sells traditional and alternative property and casualty insurance products to the passenger transportation, trucking and moving and storage industries, general commercial insurance to small businesses in Hawaii and Alaska and personal insurance to owners of recreational vehicles throughout the United States. The Company is a specialty property and casualty insurance company with a focus on the transportation industry. The Company operates through property and casualty insurance segment. The Company offers approximately 40 product lines in the specialty property and casualty insurance market, which it groups into approximately four general business components: alternative risk transfer (ART), transportation, specialty personal lines, and Hawaii and Alaska based on the class of business, insureds' risk participation or geographic location.

Key Stats

• Today's Range: $29.28 to $30.30
• 50-Day Range: N/A
• 52-Week Range: $21.15 to $34.49
• Volume: 388,805 shs
• Average Volume: 386,798 shs
• Market Capitalization: $2.19 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $35.50
• Consensus Rating: Moderate Buy

National Interstate Stock Analysis - MarketRank™

National Interstate scored higher than 19% of companies evaluated by MarketBeat, and ranked 864th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

National Interstate has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

National Interstate has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 14.23%

Earnings Growth

Earnings for National Interstate are expected to grow by 14.23% in the coming year, from $2.60 to $2.97 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of National Interstate is -18.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of National Interstate is -18.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

National Interstate has a P/B Ratio of 8.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NATL.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

National Interstate does not currently pay a dividend.

Dividend Growth

National Interstate does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for NATL.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 3 news articles for National Interstate this week, compared to 1 article on an average week.

Search Interest

Only 2 people have searched for NATL on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, National Interstate insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.40% of the stock of National Interstate is held by insiders.

Percentage Held by Institutions

88.66% of the stock of National Interstate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NATL Stock Analysis - Frequently Asked Questions

How were National Interstate's earnings last quarter?

National Interstate Corp (NASDAQ:NATL) released its quarterly earnings results on Tuesday, November, 12th. The insurance provider reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.10. The company's quarterly revenue was up 1.0% on a year-over-year basis.

Who are National Interstate's major shareholders?

National Interstate's top institutional shareholders include Wolverine Asset Management LLC, SG Americas Securities LLC (0.05%), Walleye Capital LLC and GAMMA Investing LLC.
View institutional ownership trends.

What other stocks do shareholders of National Interstate own?

Based on aggregate information from My MarketBeat watchlists, some other companies that National Interstate investors own include The RMR Group (RMR), iShares Micro-Cap ETF (IWC), Waste Connections (WCN), American Water Works (AWK), DiamondRock Hospitality (DRH), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/12/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Calculating & accounting equipment
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NASDAQ:NATL
• CUSIP: 63654U10
• CIK: 1301106
• Web: invest.nationalinterstate.com
• Phone: +1-330-6598900
• Fax: N/A
• Employees: 20,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $35.50
• High Stock Price Target: $48.00
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +17.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.68)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.64
• P/E Growth: N/A
• Net Income: $-134,000,000.00
• Net Margins: -2.69%
• Pretax Margin: -1.28%
• Return on Equity: 59.25%
• Return on Assets: 2.80%

Debt

• Debt-to-Equity Ratio: 11.09
• Current Ratio: 1.07
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $4.19 billion
• Price / Sales: 0.52
• Cash Flow: $4.55 per share
• Price / Cash Flow: 6.65
• Book Value: $3.61 per share
• Price / Book: 8.39

Miscellaneous

• Outstanding Shares: 72,490,000
• Free Float: 72,198,000
• Market Cap: $2.19 billion
• Optionable: Optionable
• Beta: N/A