Media headlines about Federated National Holding (NASDAQ:FNHC) have trended positive on Friday, according to AlphaOne Sentiment. The research firm, a unit of Accern, rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Federated National Holding earned a media sentiment score of 0.38 on AlphaOne’s scale. AlphaOne also gave news stories about the insurance provider an impact score of 85 out of 100, meaning that recent news coverage is very likely to have an effect on the stock’s share price in the next few days.
Several research firms have commented on FNHC. TheStreet downgraded shares of Federated National Holding from a “b” rating to a “c+” rating in a report on Friday, March 10th. Zacks Investment Research upgraded shares of Federated National Holding from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. Federated National Holding currently has an average rating of “Hold” and a consensus target price of $28.00.
Federated National Holding (NASDAQ:FNHC) remained flat at $16.19 during trading on Friday. 76,655 shares of the stock traded hands. Federated National Holding has a one year low of $14.03 and a one year high of $22.93. The company’s market cap is $218.13 million. The company has a 50-day moving average price of $17.51 and a 200 day moving average price of $18.16.
Federated National Holding (NASDAQ:FNHC) last issued its quarterly earnings data on Thursday, March 9th. The insurance provider reported ($0.89) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by $0.54. Federated National Holding had a return on equity of 8.14% and a net margin of 7.27%. The business had revenue of $87.59 million for the quarter, compared to analysts’ expectations of $83.99 million. Equities analysts forecast that Federated National Holding will post $1.83 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 1st. Stockholders of record on Monday, May 1st will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, April 27th. Federated National Holding’s payout ratio is 21.19%.
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Federated National Holding Company Profile
Federated National Holding Company (FNHC) is an insurance holding company that controls all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with its independent agents and general agents. The Company is authorized to underwrite homeowners’ multi-peril (homeowners), commercial general liability, federal flood, personal auto and various other lines of insurance in Florida and various other states.
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