View Future GrowthNI Holdings 과거 순이익 실적과거 기준 점검 0/6NI Holdings 의 수입은 연평균 -7.5%의 비율로 감소해 온 반면, Insurance 산업은 연평균 14.6%의 비율로 증가했습니다. 매출은 연평균 1.5%의 비율로 감소해 왔습니다.핵심 정보-7.54%순이익 성장률-7.25%주당순이익(EPS) 성장률Insurance 산업 성장률8.02%매출 성장률-1.54%자기자본이익률-1.74%순이익률-1.60%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 11First quarter 2026 earnings released: EPS: US$0.60 (vs US$0.31 in 1Q 2025)First quarter 2026 results: EPS: US$0.60 (up from US$0.31 in 1Q 2025). Revenue: US$59.6m (down 17% from 1Q 2025). Net income: US$12.5m (up 94% from 1Q 2025). Profit margin: 21% (up from 9.0% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 08Full year 2025 earnings released: US$0.50 loss per share (vs US$0.32 profit in FY 2024)Full year 2025 results: US$0.50 loss per share (down from US$0.32 profit in FY 2024). Revenue: US$285.1m (down 12% from FY 2024). Net loss: US$10.4m (down 258% from profit in FY 2024). Combined ratio: 109.9% (up from 100.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 09Third quarter 2025 earnings released: US$0.079 loss per share (vs US$0.13 loss in 3Q 2024)Third quarter 2025 results: US$0.079 loss per share (improved from US$0.13 loss in 3Q 2024). Revenue: US$76.6m (down 14% from 3Q 2024). Net loss: US$1.67m (loss narrowed 38% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 10Second quarter 2025 earnings released: US$0.57 loss per share (vs US$0.36 loss in 2Q 2024)Second quarter 2025 results: US$0.57 loss per share (further deteriorated from US$0.36 loss in 2Q 2024). Revenue: US$76.1m (down 13% from 2Q 2024). Net loss: US$12.1m (loss widened 61% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • May 12First quarter 2025 earnings released: EPS: US$0.31 (vs US$0.33 in 1Q 2024)First quarter 2025 results: EPS: US$0.31 (down from US$0.33 in 1Q 2024). Revenue: US$71.4m (down 4.1% from 1Q 2024). Net income: US$6.46m (down 6.8% from 1Q 2024). Profit margin: 9.0% (down from 9.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 09Full year 2024 earnings released: EPS: US$0.32 (vs US$0.93 in FY 2023)Full year 2024 results: EPS: US$0.32 (down from US$0.93 in FY 2023). Revenue: US$325.2m (up 7.0% from FY 2023). Net income: US$6.60m (down 66% from FY 2023). Profit margin: 2.0% (down from 6.4% in FY 2023). Combined ratio: 100.7% (up from 97.0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updates공시 • May 27NI Holdings, Inc. Announces Director and Board Committee AppointmentsNI Holdings, Inc. at its Annual Meeting of Shareholders held on May 19, 2026 announced Dana J. Kaldor and Callie J. Thomas as directors. The Board has determined that Mr. Kaldor and Ms. Thomas are independent directors under the listing standards of the Nasdaq Capital Market. Mr. Kaldor will serve as a member of the Board’s Audit Committee and Nominating and Corporate Governance Committee. Ms. Thomas will serve as a member of the Board’s Audit Committee and Compensation Committee.Reported Earnings • May 11First quarter 2026 earnings released: EPS: US$0.60 (vs US$0.31 in 1Q 2025)First quarter 2026 results: EPS: US$0.60 (up from US$0.31 in 1Q 2025). Revenue: US$59.6m (down 17% from 1Q 2025). Net income: US$12.5m (up 94% from 1Q 2025). Profit margin: 21% (up from 9.0% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Mar 09NI Holdings, Inc., Annual General Meeting, May 19, 2026NI Holdings, Inc., Annual General Meeting, May 19, 2026.Reported Earnings • Mar 08Full year 2025 earnings released: US$0.50 loss per share (vs US$0.32 profit in FY 2024)Full year 2025 results: US$0.50 loss per share (down from US$0.32 profit in FY 2024). Revenue: US$285.1m (down 12% from FY 2024). Net loss: US$10.4m (down 258% from profit in FY 2024). Combined ratio: 109.9% (up from 100.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • Mar 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Dave Stende was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 25NI Holdings, Inc. Director Duaine C. Espegard Will Not Stand for Re-ElectionOn February 17, 2026, Duaine C. Espegard, a director of NI Holdings, Inc., advised the Company's Board of Directors that he will not stand for re-election at the Company’s 2026 annual meeting of stockholders. Mr. Espegard’s decision to not stand for re-election is not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Espegard will serve out the remainder of his term, which will end at the Company’s 2026 annual meeting of stockholders.Reported Earnings • Nov 09Third quarter 2025 earnings released: US$0.079 loss per share (vs US$0.13 loss in 3Q 2024)Third quarter 2025 results: US$0.079 loss per share (improved from US$0.13 loss in 3Q 2024). Revenue: US$76.6m (down 14% from 3Q 2024). Net loss: US$1.67m (loss narrowed 38% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Oct 13+ 1 more updateNI Holdings, Inc. Announces Chief Executive Officer Changes, Effective October 10, 2025NI Holdings, Inc. announced that Seth Daggett has stepped down from his role as Chief Executive Officer of NI Holdings, along with his role as a board member of the company, to pursue other opportunities, effective October 10, 2025. The Board has appointed Cindy Launer, as Chief Executive Officer of NI Holdings, effective October 10, 2025.Ms. Launer, age 54, has served on the Board of Directors of NI Holdings, Inc. since her appointment in November 2019 and previously served as the Company’s Chief Executive Officer from August 26, 2024 through November 30, 2024. Ms. Launer was employed by American International Group (“AIG”) from April 2007 until her retirement in June 2018. At AIG, she served in various roles including financial planning and analysis, capital projects, financial communications, Chief of Staff to the CEO, and finally Chief Operating Officer of the AIG commercial insurance business. Prior to joining AIG, she held progressive audit, finance, investor relations, and chief of staff roles at MetLife and Deloitte & Touche LLP. Ms. Launer graduated from Florida Southern College with a Bachelor of Science degree in Finance and Marketing and earned her Bachelor of Science degree in Accounting from International College. Ms. Launer previously served as the Interim CEO of NI Holdings in the fall of 2024 and has otherwise served as an independent non-executive director on NI Holdings’ board since November 2019. Ms. Launer brings 18 years of experience in the insurance industry with a proven track record of success as a global finance and operations executive.공시 • Aug 26NI Holdings, Inc. (NasdaqCM:NODK) announces an Equity Buyback for $5 million worth of its shares.NI Holdings, Inc. (NasdaqCM:NODK) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its outstanding common shares. The purpose of the program is to support the company’s planned approach to capital deployment to create long-term value for its shareholders. As of July 31, 2025, the company had 20,675,337 shares of common stock outstanding.Reported Earnings • Aug 10Second quarter 2025 earnings released: US$0.57 loss per share (vs US$0.36 loss in 2Q 2024)Second quarter 2025 results: US$0.57 loss per share (further deteriorated from US$0.36 loss in 2Q 2024). Revenue: US$76.1m (down 13% from 2Q 2024). Net loss: US$12.1m (loss widened 61% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Jul 18Kelly Dawson Joins NI Holdings, Inc. as Senior Vice President and Chief Human Resources OfficerNI Holdings, Inc. announced a strategic leadership appointment to support the Company’s long-term growth and execution of its core business strategies. Kelly Dawson has recently joined the Company as Senior Vice President and Chief Human Resources Officer. In this newly created role, Kelly will have oversight of all aspects of human resources, including talent acquisition, employee engagement, compliance and organizational development. She brings over 20 years of human resources experience, including leadership roles at multiple companies. She holds a master’s degree from Claremont Graduate University and an undergraduate degree from Stetson University.New Risk • May 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.9% Last year net profit margin: 7.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).Reported Earnings • May 12First quarter 2025 earnings released: EPS: US$0.31 (vs US$0.33 in 1Q 2024)First quarter 2025 results: EPS: US$0.31 (down from US$0.33 in 1Q 2024). Revenue: US$71.4m (down 4.1% from 1Q 2024). Net income: US$6.46m (down 6.8% from 1Q 2024). Profit margin: 9.0% (down from 9.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Board Change • Apr 10Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Prakash Mathew was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Mar 22NI Holdings, Inc. Appoints Dave L. Stende as Independent Director and as Member of the Audit Committee, Effective April 1, 2025On March 18, 2025, the Board of Directors (the “Board”) of NI Holdings, Inc. (the “Company”), increased the size of the Board to nine directors and appointed Dave L. Stende as a director effective April 1, 2025, to serve until the 2025 Annual Meeting of Stockholders, or until his earlier death, disqualification, resignation, or removal. The Board has determined that Mr. Stende is an independent director under the listing standards of the Nasdaq Capital Market. Mr. Stende will serve as a member of the Board’s Audit Committee.공시 • Mar 10NI Holdings, Inc., Annual General Meeting, May 20, 2025NI Holdings, Inc., Annual General Meeting, May 20, 2025.Reported Earnings • Mar 09Full year 2024 earnings released: EPS: US$0.32 (vs US$0.93 in FY 2023)Full year 2024 results: EPS: US$0.32 (down from US$0.93 in FY 2023). Revenue: US$325.2m (up 7.0% from FY 2023). Net income: US$6.60m (down 66% from FY 2023). Profit margin: 2.0% (down from 6.4% in FY 2023). Combined ratio: 100.7% (up from 97.0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Mar 04Ni Holdings, Inc. Announces Departure of Stephen V. Marlow as Member of the Board of DirectorsNI Holdings, Inc. announced that Stephen V. Marlow, a member of the Board of Directors notified the Company that he will not stand for reelection at the Company’s 2025 annual meeting of stockholders. Mr. Marlow’s decision to not stand for reelection was not the result of a disagreement with the Company.공시 • Nov 23+ 3 more updatesNI Holdings, Inc. Announces Termination of Patrick W. Duncan as Senior Vice President, OperationNI Holdings, Inc. announced that on November 20, 2024, Patrick W. Duncan, Senior Vice President, Operations of the company and the Company agreed that Mr. Duncan’s last date of employment as Senior Vice President, Operations was November 20, 2024. Mr. Duncan’s departure is the result of a termination without cause as defined in his employment agreement.Reported Earnings • Nov 07Second quarter 2024 earnings released: US$0.36 loss per share (vs US$0.12 loss in 2Q 2023)Second quarter 2024 results: US$0.36 loss per share (further deteriorated from US$0.12 loss in 2Q 2023). Revenue: US$87.8m (up 8.3% from 2Q 2023). Net loss: US$7.48m (loss widened 204% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공시 • Aug 16+ 1 more updateNI Holdings, Inc. Announces CEO ChangesNI Holdings, Inc. announced that Michael J. Alexander has stepped down from his role as Chief Executive Officer, effective August 13, 2024. To ensure seamless stewardship of the company until a permanent successor is named, the Board has appointed Cindy L. Launer as Interim Chief Executive Officer, effective August 13, 2024. Ms. Launer has served as an independent non-executive director on NI Holdings’ board since November 2019 and brings 18 years of experience in the insurance industry with a proven track record of success as a global finance and operations executive. Most recently, Ms. Launer served as Chief Operating Officer of AIG’s Commercial Insurance Business, before retiring in 2018. She will remain on the Board of Directors while serving as the Interim Chief Executive Officer. The Board of Directors is immediately starting the process of finding the next CEO and has no definitive timeline for that search at this moment.Reported Earnings • Aug 09Second quarter 2024 earnings released: US$0.36 loss per share (vs US$0.38 loss in 2Q 2023)Second quarter 2024 results: US$0.36 loss per share (improved from US$0.38 loss in 2Q 2023). Revenue: US$87.8m (down 9.5% from 2Q 2023). Net loss: US$7.48m (loss narrowed 7.9% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • May 11First quarter 2024 earnings released: EPS: US$0.31 (vs US$0.20 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.31 (up from US$0.20 loss in 1Q 2023). Revenue: US$91.4m (up 12% from 1Q 2023). Net income: US$6.42m (up US$10.6m from 1Q 2023). Profit margin: 7.0% (up from net loss in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.공시 • May 09John Scott, Sr. entered into a stock purchase agreement to acquire Westminster American Insurance Company from NI Holdings, Inc. (NasdaqCM:NODK) for $10.5 million.John Scott, Sr. entered into a stock purchase agreement to acquire Westminster American Insurance Company from NI Holdings, Inc. (NasdaqCM:NODK) for $10.5 million on May 7, 2024. The consideration consists of $10.50 million in cash. The transaction was unanimously approved by the Board of Directors and is expected to close in 2024, subject to regulatory approval and other closing conditions, including, among others, approval of the North Dakota Insurance Department and Buyer obtaining reinsurance, buyer shall have received resignations of the directors and officers of Westminster. Proceeds planned to be used for general corporate purposes. Brian O’Connor and W. Bryan Rakes of Venable LLP acted as legal advisors to John Scott. David F. Marx of Dorsey & Whitney LLP acted as legal advisor to NI Holdings. Newport LLC acted as financial advisor to NI Holdings, Inc.공시 • Apr 11NI Holdings, Inc., Annual General Meeting, May 21, 2024NI Holdings, Inc., Annual General Meeting, May 21, 2024, at 10:00 Central Standard Time. Location: the Jasper Hotel, 215 Broadway N, Fargo Fargo North Dakota United States Agenda: To consider Election of 8 Director Nominees Named in the Proxy Statement; to consider Ratification of Appointment of Mazars USA LLP as company's Independent Registered Public Accounting Firm for the Year ended December 31, 2024; and to consider Advisory Vote to Approve the Compensation of company's Named Executive Officers.Reported Earnings • Mar 17Full year 2023 earnings released: US$0.26 loss per share (vs US$2.49 loss in FY 2022)Full year 2023 results: US$0.26 loss per share (improved from US$2.49 loss in FY 2022). Revenue: US$365.7m (up 13% from FY 2022). Net loss: US$5.48m (loss narrowed 90% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 16NI Holdings, Inc.'s (NASDAQ:NODK) P/S Is On The MarkWith a median price-to-sales (or "P/S") ratio of close to 1x in the Insurance industry in the United States, you could...Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: US$0.011 (vs US$0.47 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0.011 (up from US$0.47 loss in 3Q 2022). Revenue: US$92.7m (up 4.0% from 3Q 2022). Net income: US$231.0k (up US$10.2m from 3Q 2022). Profit margin: 0.2% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.공시 • Nov 08NI Holdings, Inc. to Report Q3, 2023 Results on Nov 08, 2023NI Holdings, Inc. announced that they will report Q3, 2023 results on Nov 08, 2023Reported Earnings • Aug 09Second quarter 2023 earnings released: US$0.38 loss per share (vs US$2.15 loss in 2Q 2022)Second quarter 2023 results: US$0.38 loss per share (improved from US$2.15 loss in 2Q 2022). Revenue: US$97.0m (up 28% from 2Q 2022). Net loss: US$8.12m (loss narrowed 82% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Reported Earnings • May 10First quarter 2023 earnings released: US$0.20 loss per share (vs US$0.089 profit in 1Q 2022)First quarter 2023 results: US$0.20 loss per share (down from US$0.089 profit in 1Q 2022). Revenue: US$81.6m (up 23% from 1Q 2022). Net loss: US$4.21m (down 321% from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 10Full year 2022 earnings released: US$2.49 loss per share (vs US$0.39 profit in FY 2021)Full year 2022 results: US$2.49 loss per share (down from US$0.39 profit in FY 2021). Revenue: US$324.4m (flat on FY 2021). Net loss: US$53.1m (down US$61.5m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.공시 • Jan 11NI Holdings, Inc. Appoints Prakash Mathew as Class II Director, Effective February 1, 2023On January 10, 2023, the Board of Directors of NI Holdings, Inc. increased the number of directors on the Board to eight directors and appointed Prakash Mathew as a Class II director of the Company to fill the resulting vacancy, effective February 1, 2023, to serve until the 2024 Annual Meeting of Stockholders, or until his earlier death, disqualification, resignation, or removal. The Board has determined that Mr. Mathew is an independent director under the listing standards of the Nasdaq Capital Market. As of the date of this Current Report on Form 8-K the Board has not appointed Mr. Mathew to any committees of the Board. The Company will amend this Report when Mr. Mathew is appointed to any Board committees.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Cindy Launer was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 08Third quarter 2022 earnings released: US$0.47 loss per share (vs US$0.22 loss in 3Q 2021)Third quarter 2022 results: US$0.47 loss per share (further deteriorated from US$0.22 loss in 3Q 2021). Revenue: US$89.2m (up 5.4% from 3Q 2021). Net loss: US$9.99m (loss widened 111% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.Board Change • Oct 22Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Cindy Launer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Seeking Alpha • Jul 22NI expects sees $49M loss in Q2 owing to severe storms in South Dakota and NebraskaNI (NASDAQ:NODK) expects to see pre-tax catastrophe losses of ~$49M, net of reinsurance, for Q2. Losses were primarily in the Home/Farm and Private Passenger Auto segments driven by multiple severe storms in South Dakota and Nebraska. Michael J. Alexander, President and CEO, stated, “Our companies have consistently provided best-in-class underwriting while also identifying and executing growth opportunities. However, similar to the industry, we cannot predict the frequency or severity of storms across our geographical footprint. While there is still some uncertainty surrounding the number of claims from these events, our primary efforts are to deliver high-quality, prompt and efficient claims service in order to provide a positive experience for both our agents and policyholders.”Reported Earnings • May 07First quarter 2022 earnings released: EPS: US$0.089 (vs US$0.45 in 1Q 2021)First quarter 2022 results: EPS: US$0.089 (down from US$0.45 in 1Q 2021). Revenue: US$66.1m (down 6.6% from 1Q 2021). Net income: US$1.91m (down 80% from 1Q 2021). Profit margin: 2.9% (down from 14% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Cindy Launer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.39 (down from US$1.86 in FY 2020). Revenue: US$324.0m (up 5.8% from FY 2020). Net income: US$8.42m (down 79% from FY 2020). Profit margin: 2.6% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Combined ratio: 104.4% (up from 89.4% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Cindy Launer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 08Third quarter 2021 earnings released: US$0.22 loss per share (vs US$0.17 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$84.6m (up 4.6% from 3Q 2020). Net loss: US$4.74m (down 229% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.Reported Earnings • Aug 06Second quarter 2021 earnings released: US$0.12 loss per share (vs US$0.86 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$83.2m (down 13% from 2Q 2020). Net loss: US$2.64m (down 114% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Executive Departure • Jun 04CFO, Executive VP, Secretary & Treasurer Brian Doom has left the companyDuring their tenure, earnings grew by 105% annually compared to the industry average of 11%. On the 25th of May, Brian Doom left the company after 4.2 in the role. As of March 2021, Brian still personally held 51.79k shares (US$957k worth at the time). Brian is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.17 years.분석 기사 • May 19Increases to CEO Compensation Might Be Put On Hold For Now at NI Holdings, Inc. (NASDAQ:NODK)Performance at NI Holdings, Inc. ( NASDAQ:NODK ) has been reasonably good and CEO Jim Alexander has done a decent job...분석 기사 • Mar 12Could The NI Holdings, Inc. (NASDAQ:NODK) Ownership Structure Tell Us Something Useful?If you want to know who really controls NI Holdings, Inc. ( NASDAQ:NODK ), then you'll have to look at the makeup of...Reported Earnings • Mar 12Full year 2020 earnings released: EPS US$1.86 (vs US$1.19 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$306.4m (up 13% from FY 2019). Net income: US$40.4m (up 53% from FY 2019). Profit margin: 13% (up from 9.8% in FY 2019). The increase in margin was driven by higher revenue. Combined ratio: 89.4% (down from 96.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 25New 90-day high: US$18.35The company is up 4.0% from its price of US$17.64 on 25 November 2020. The American market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 9.0% over the same period.분석 기사 • Feb 19Here's Why We Think NI Holdings (NASDAQ:NODK) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...분석 기사 • Feb 01Did You Miss NI Holdings' (NASDAQ:NODK) 11% Share Price Gain?On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path...분석 기사 • Jan 08Read This Before Selling NI Holdings, Inc. (NASDAQ:NODK) SharesIt is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...Is New 90 Day High Low • Jan 04New 90-day low: US$16.17The company is down 2.0% from its price of US$16.51 on 06 October 2020. The American market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 14% over the same period.분석 기사 • Dec 18Is NI Holdings, Inc.'s(NASDAQ:NODK) Recent Stock Performance Tethered To Its Strong Fundamentals?NI Holdings' (NASDAQ:NODK) stock is up by a considerable 13% over the past three months. Given the company's impressive...Is New 90 Day High Low • Dec 16New 90-day high: US$17.98The company is up 14% from its price of US$15.76 on 16 September 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 13% over the same period.Is New 90 Day High Low • Nov 11New 90-day high: US$17.60The company is up 3.0% from its price of US$17.05 on 12 August 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 5.0% over the same period.Reported Earnings • Nov 06Third quarter 2020 earnings released: EPS US$0.17The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$80.9m (up 15% from 3Q 2019). Net income: US$3.66m (up US$10.6m from 3Q 2019). Profit margin: 4.5% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 10New 90-day high: US$17.10The company is up 10.0% from its price of US$15.49 on 10 July 2020. The American market is also up 10.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Insurance industry, which is up 7.0% over the same period.매출 및 비용 세부 내역NI Holdings가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqCM:NODK 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Mar 26273-40031 Dec 25285-100030 Sep 2529830030 Jun 2531020031 Mar 2532260031 Dec 2432570030 Sep 24330160030 Jun 24319190031 Mar 24312240031 Dec 23304200030 Sep 2331910030 Jun 23330-90031 Mar 23325-530031 Dec 22268-380030 Sep 22316-480030 Jun 22312-430031 Mar 2231910031 Dec 2132480030 Sep 21322240030 Jun 21319320031 Mar 21331540031 Dec 20306400030 Sep 20294360030 Jun 20283250031 Mar 2025690031 Dec 19271260030 Sep 19256240030 Jun 19246410031 Mar 19230390031 Dec 18208310030 Sep 18201300030 Jun 18198180031 Mar 18193170031 Dec 17189160030 Sep 1717330030 Jun 1717650031 Mar 1716730031 Dec 1616450030 Sep 16163100030 Jun 16154180031 Mar 16148190031 Dec 151461700양질의 수익: NODK 은(는) 현재 수익성이 없습니다.이익 마진 증가: NODK는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: NODK은 수익성이 없으며 지난 5년 동안 손실이 연평균 7.5% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 NODK의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: NODK은 수익성이 없어 지난 해 수익 성장률을 Insurance 업계(36.5%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: NODK는 현재 수익성이 없으므로 자본 수익률이 음수(-1.74%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YInsurance 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 15:05종가2026/06/10 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스NI Holdings, Inc.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 11First quarter 2026 earnings released: EPS: US$0.60 (vs US$0.31 in 1Q 2025)First quarter 2026 results: EPS: US$0.60 (up from US$0.31 in 1Q 2025). Revenue: US$59.6m (down 17% from 1Q 2025). Net income: US$12.5m (up 94% from 1Q 2025). Profit margin: 21% (up from 9.0% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 08Full year 2025 earnings released: US$0.50 loss per share (vs US$0.32 profit in FY 2024)Full year 2025 results: US$0.50 loss per share (down from US$0.32 profit in FY 2024). Revenue: US$285.1m (down 12% from FY 2024). Net loss: US$10.4m (down 258% from profit in FY 2024). Combined ratio: 109.9% (up from 100.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 09Third quarter 2025 earnings released: US$0.079 loss per share (vs US$0.13 loss in 3Q 2024)Third quarter 2025 results: US$0.079 loss per share (improved from US$0.13 loss in 3Q 2024). Revenue: US$76.6m (down 14% from 3Q 2024). Net loss: US$1.67m (loss narrowed 38% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 10Second quarter 2025 earnings released: US$0.57 loss per share (vs US$0.36 loss in 2Q 2024)Second quarter 2025 results: US$0.57 loss per share (further deteriorated from US$0.36 loss in 2Q 2024). Revenue: US$76.1m (down 13% from 2Q 2024). Net loss: US$12.1m (loss widened 61% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • May 12First quarter 2025 earnings released: EPS: US$0.31 (vs US$0.33 in 1Q 2024)First quarter 2025 results: EPS: US$0.31 (down from US$0.33 in 1Q 2024). Revenue: US$71.4m (down 4.1% from 1Q 2024). Net income: US$6.46m (down 6.8% from 1Q 2024). Profit margin: 9.0% (down from 9.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 09Full year 2024 earnings released: EPS: US$0.32 (vs US$0.93 in FY 2023)Full year 2024 results: EPS: US$0.32 (down from US$0.93 in FY 2023). Revenue: US$325.2m (up 7.0% from FY 2023). Net income: US$6.60m (down 66% from FY 2023). Profit margin: 2.0% (down from 6.4% in FY 2023). Combined ratio: 100.7% (up from 97.0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • May 27NI Holdings, Inc. Announces Director and Board Committee AppointmentsNI Holdings, Inc. at its Annual Meeting of Shareholders held on May 19, 2026 announced Dana J. Kaldor and Callie J. Thomas as directors. The Board has determined that Mr. Kaldor and Ms. Thomas are independent directors under the listing standards of the Nasdaq Capital Market. Mr. Kaldor will serve as a member of the Board’s Audit Committee and Nominating and Corporate Governance Committee. Ms. Thomas will serve as a member of the Board’s Audit Committee and Compensation Committee.
Reported Earnings • May 11First quarter 2026 earnings released: EPS: US$0.60 (vs US$0.31 in 1Q 2025)First quarter 2026 results: EPS: US$0.60 (up from US$0.31 in 1Q 2025). Revenue: US$59.6m (down 17% from 1Q 2025). Net income: US$12.5m (up 94% from 1Q 2025). Profit margin: 21% (up from 9.0% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Mar 09NI Holdings, Inc., Annual General Meeting, May 19, 2026NI Holdings, Inc., Annual General Meeting, May 19, 2026.
Reported Earnings • Mar 08Full year 2025 earnings released: US$0.50 loss per share (vs US$0.32 profit in FY 2024)Full year 2025 results: US$0.50 loss per share (down from US$0.32 profit in FY 2024). Revenue: US$285.1m (down 12% from FY 2024). Net loss: US$10.4m (down 258% from profit in FY 2024). Combined ratio: 109.9% (up from 100.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • Mar 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Dave Stende was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 25NI Holdings, Inc. Director Duaine C. Espegard Will Not Stand for Re-ElectionOn February 17, 2026, Duaine C. Espegard, a director of NI Holdings, Inc., advised the Company's Board of Directors that he will not stand for re-election at the Company’s 2026 annual meeting of stockholders. Mr. Espegard’s decision to not stand for re-election is not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Espegard will serve out the remainder of his term, which will end at the Company’s 2026 annual meeting of stockholders.
Reported Earnings • Nov 09Third quarter 2025 earnings released: US$0.079 loss per share (vs US$0.13 loss in 3Q 2024)Third quarter 2025 results: US$0.079 loss per share (improved from US$0.13 loss in 3Q 2024). Revenue: US$76.6m (down 14% from 3Q 2024). Net loss: US$1.67m (loss narrowed 38% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Oct 13+ 1 more updateNI Holdings, Inc. Announces Chief Executive Officer Changes, Effective October 10, 2025NI Holdings, Inc. announced that Seth Daggett has stepped down from his role as Chief Executive Officer of NI Holdings, along with his role as a board member of the company, to pursue other opportunities, effective October 10, 2025. The Board has appointed Cindy Launer, as Chief Executive Officer of NI Holdings, effective October 10, 2025.Ms. Launer, age 54, has served on the Board of Directors of NI Holdings, Inc. since her appointment in November 2019 and previously served as the Company’s Chief Executive Officer from August 26, 2024 through November 30, 2024. Ms. Launer was employed by American International Group (“AIG”) from April 2007 until her retirement in June 2018. At AIG, she served in various roles including financial planning and analysis, capital projects, financial communications, Chief of Staff to the CEO, and finally Chief Operating Officer of the AIG commercial insurance business. Prior to joining AIG, she held progressive audit, finance, investor relations, and chief of staff roles at MetLife and Deloitte & Touche LLP. Ms. Launer graduated from Florida Southern College with a Bachelor of Science degree in Finance and Marketing and earned her Bachelor of Science degree in Accounting from International College. Ms. Launer previously served as the Interim CEO of NI Holdings in the fall of 2024 and has otherwise served as an independent non-executive director on NI Holdings’ board since November 2019. Ms. Launer brings 18 years of experience in the insurance industry with a proven track record of success as a global finance and operations executive.
공시 • Aug 26NI Holdings, Inc. (NasdaqCM:NODK) announces an Equity Buyback for $5 million worth of its shares.NI Holdings, Inc. (NasdaqCM:NODK) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its outstanding common shares. The purpose of the program is to support the company’s planned approach to capital deployment to create long-term value for its shareholders. As of July 31, 2025, the company had 20,675,337 shares of common stock outstanding.
Reported Earnings • Aug 10Second quarter 2025 earnings released: US$0.57 loss per share (vs US$0.36 loss in 2Q 2024)Second quarter 2025 results: US$0.57 loss per share (further deteriorated from US$0.36 loss in 2Q 2024). Revenue: US$76.1m (down 13% from 2Q 2024). Net loss: US$12.1m (loss widened 61% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Jul 18Kelly Dawson Joins NI Holdings, Inc. as Senior Vice President and Chief Human Resources OfficerNI Holdings, Inc. announced a strategic leadership appointment to support the Company’s long-term growth and execution of its core business strategies. Kelly Dawson has recently joined the Company as Senior Vice President and Chief Human Resources Officer. In this newly created role, Kelly will have oversight of all aspects of human resources, including talent acquisition, employee engagement, compliance and organizational development. She brings over 20 years of human resources experience, including leadership roles at multiple companies. She holds a master’s degree from Claremont Graduate University and an undergraduate degree from Stetson University.
New Risk • May 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.9% Last year net profit margin: 7.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin).
Reported Earnings • May 12First quarter 2025 earnings released: EPS: US$0.31 (vs US$0.33 in 1Q 2024)First quarter 2025 results: EPS: US$0.31 (down from US$0.33 in 1Q 2024). Revenue: US$71.4m (down 4.1% from 1Q 2024). Net income: US$6.46m (down 6.8% from 1Q 2024). Profit margin: 9.0% (down from 9.3% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Board Change • Apr 10Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Prakash Mathew was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Mar 22NI Holdings, Inc. Appoints Dave L. Stende as Independent Director and as Member of the Audit Committee, Effective April 1, 2025On March 18, 2025, the Board of Directors (the “Board”) of NI Holdings, Inc. (the “Company”), increased the size of the Board to nine directors and appointed Dave L. Stende as a director effective April 1, 2025, to serve until the 2025 Annual Meeting of Stockholders, or until his earlier death, disqualification, resignation, or removal. The Board has determined that Mr. Stende is an independent director under the listing standards of the Nasdaq Capital Market. Mr. Stende will serve as a member of the Board’s Audit Committee.
공시 • Mar 10NI Holdings, Inc., Annual General Meeting, May 20, 2025NI Holdings, Inc., Annual General Meeting, May 20, 2025.
Reported Earnings • Mar 09Full year 2024 earnings released: EPS: US$0.32 (vs US$0.93 in FY 2023)Full year 2024 results: EPS: US$0.32 (down from US$0.93 in FY 2023). Revenue: US$325.2m (up 7.0% from FY 2023). Net income: US$6.60m (down 66% from FY 2023). Profit margin: 2.0% (down from 6.4% in FY 2023). Combined ratio: 100.7% (up from 97.0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Mar 04Ni Holdings, Inc. Announces Departure of Stephen V. Marlow as Member of the Board of DirectorsNI Holdings, Inc. announced that Stephen V. Marlow, a member of the Board of Directors notified the Company that he will not stand for reelection at the Company’s 2025 annual meeting of stockholders. Mr. Marlow’s decision to not stand for reelection was not the result of a disagreement with the Company.
공시 • Nov 23+ 3 more updatesNI Holdings, Inc. Announces Termination of Patrick W. Duncan as Senior Vice President, OperationNI Holdings, Inc. announced that on November 20, 2024, Patrick W. Duncan, Senior Vice President, Operations of the company and the Company agreed that Mr. Duncan’s last date of employment as Senior Vice President, Operations was November 20, 2024. Mr. Duncan’s departure is the result of a termination without cause as defined in his employment agreement.
Reported Earnings • Nov 07Second quarter 2024 earnings released: US$0.36 loss per share (vs US$0.12 loss in 2Q 2023)Second quarter 2024 results: US$0.36 loss per share (further deteriorated from US$0.12 loss in 2Q 2023). Revenue: US$87.8m (up 8.3% from 2Q 2023). Net loss: US$7.48m (loss widened 204% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공시 • Aug 16+ 1 more updateNI Holdings, Inc. Announces CEO ChangesNI Holdings, Inc. announced that Michael J. Alexander has stepped down from his role as Chief Executive Officer, effective August 13, 2024. To ensure seamless stewardship of the company until a permanent successor is named, the Board has appointed Cindy L. Launer as Interim Chief Executive Officer, effective August 13, 2024. Ms. Launer has served as an independent non-executive director on NI Holdings’ board since November 2019 and brings 18 years of experience in the insurance industry with a proven track record of success as a global finance and operations executive. Most recently, Ms. Launer served as Chief Operating Officer of AIG’s Commercial Insurance Business, before retiring in 2018. She will remain on the Board of Directors while serving as the Interim Chief Executive Officer. The Board of Directors is immediately starting the process of finding the next CEO and has no definitive timeline for that search at this moment.
Reported Earnings • Aug 09Second quarter 2024 earnings released: US$0.36 loss per share (vs US$0.38 loss in 2Q 2023)Second quarter 2024 results: US$0.36 loss per share (improved from US$0.38 loss in 2Q 2023). Revenue: US$87.8m (down 9.5% from 2Q 2023). Net loss: US$7.48m (loss narrowed 7.9% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 11First quarter 2024 earnings released: EPS: US$0.31 (vs US$0.20 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.31 (up from US$0.20 loss in 1Q 2023). Revenue: US$91.4m (up 12% from 1Q 2023). Net income: US$6.42m (up US$10.6m from 1Q 2023). Profit margin: 7.0% (up from net loss in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
공시 • May 09John Scott, Sr. entered into a stock purchase agreement to acquire Westminster American Insurance Company from NI Holdings, Inc. (NasdaqCM:NODK) for $10.5 million.John Scott, Sr. entered into a stock purchase agreement to acquire Westminster American Insurance Company from NI Holdings, Inc. (NasdaqCM:NODK) for $10.5 million on May 7, 2024. The consideration consists of $10.50 million in cash. The transaction was unanimously approved by the Board of Directors and is expected to close in 2024, subject to regulatory approval and other closing conditions, including, among others, approval of the North Dakota Insurance Department and Buyer obtaining reinsurance, buyer shall have received resignations of the directors and officers of Westminster. Proceeds planned to be used for general corporate purposes. Brian O’Connor and W. Bryan Rakes of Venable LLP acted as legal advisors to John Scott. David F. Marx of Dorsey & Whitney LLP acted as legal advisor to NI Holdings. Newport LLC acted as financial advisor to NI Holdings, Inc.
공시 • Apr 11NI Holdings, Inc., Annual General Meeting, May 21, 2024NI Holdings, Inc., Annual General Meeting, May 21, 2024, at 10:00 Central Standard Time. Location: the Jasper Hotel, 215 Broadway N, Fargo Fargo North Dakota United States Agenda: To consider Election of 8 Director Nominees Named in the Proxy Statement; to consider Ratification of Appointment of Mazars USA LLP as company's Independent Registered Public Accounting Firm for the Year ended December 31, 2024; and to consider Advisory Vote to Approve the Compensation of company's Named Executive Officers.
Reported Earnings • Mar 17Full year 2023 earnings released: US$0.26 loss per share (vs US$2.49 loss in FY 2022)Full year 2023 results: US$0.26 loss per share (improved from US$2.49 loss in FY 2022). Revenue: US$365.7m (up 13% from FY 2022). Net loss: US$5.48m (loss narrowed 90% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 16NI Holdings, Inc.'s (NASDAQ:NODK) P/S Is On The MarkWith a median price-to-sales (or "P/S") ratio of close to 1x in the Insurance industry in the United States, you could...
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: US$0.011 (vs US$0.47 loss in 3Q 2022)Third quarter 2023 results: EPS: US$0.011 (up from US$0.47 loss in 3Q 2022). Revenue: US$92.7m (up 4.0% from 3Q 2022). Net income: US$231.0k (up US$10.2m from 3Q 2022). Profit margin: 0.2% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
공시 • Nov 08NI Holdings, Inc. to Report Q3, 2023 Results on Nov 08, 2023NI Holdings, Inc. announced that they will report Q3, 2023 results on Nov 08, 2023
Reported Earnings • Aug 09Second quarter 2023 earnings released: US$0.38 loss per share (vs US$2.15 loss in 2Q 2022)Second quarter 2023 results: US$0.38 loss per share (improved from US$2.15 loss in 2Q 2022). Revenue: US$97.0m (up 28% from 2Q 2022). Net loss: US$8.12m (loss narrowed 82% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 10First quarter 2023 earnings released: US$0.20 loss per share (vs US$0.089 profit in 1Q 2022)First quarter 2023 results: US$0.20 loss per share (down from US$0.089 profit in 1Q 2022). Revenue: US$81.6m (up 23% from 1Q 2022). Net loss: US$4.21m (down 321% from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 10Full year 2022 earnings released: US$2.49 loss per share (vs US$0.39 profit in FY 2021)Full year 2022 results: US$2.49 loss per share (down from US$0.39 profit in FY 2021). Revenue: US$324.4m (flat on FY 2021). Net loss: US$53.1m (down US$61.5m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
공시 • Jan 11NI Holdings, Inc. Appoints Prakash Mathew as Class II Director, Effective February 1, 2023On January 10, 2023, the Board of Directors of NI Holdings, Inc. increased the number of directors on the Board to eight directors and appointed Prakash Mathew as a Class II director of the Company to fill the resulting vacancy, effective February 1, 2023, to serve until the 2024 Annual Meeting of Stockholders, or until his earlier death, disqualification, resignation, or removal. The Board has determined that Mr. Mathew is an independent director under the listing standards of the Nasdaq Capital Market. As of the date of this Current Report on Form 8-K the Board has not appointed Mr. Mathew to any committees of the Board. The Company will amend this Report when Mr. Mathew is appointed to any Board committees.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Cindy Launer was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 08Third quarter 2022 earnings released: US$0.47 loss per share (vs US$0.22 loss in 3Q 2021)Third quarter 2022 results: US$0.47 loss per share (further deteriorated from US$0.22 loss in 3Q 2021). Revenue: US$89.2m (up 5.4% from 3Q 2021). Net loss: US$9.99m (loss widened 111% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
Board Change • Oct 22Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Cindy Launer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Seeking Alpha • Jul 22NI expects sees $49M loss in Q2 owing to severe storms in South Dakota and NebraskaNI (NASDAQ:NODK) expects to see pre-tax catastrophe losses of ~$49M, net of reinsurance, for Q2. Losses were primarily in the Home/Farm and Private Passenger Auto segments driven by multiple severe storms in South Dakota and Nebraska. Michael J. Alexander, President and CEO, stated, “Our companies have consistently provided best-in-class underwriting while also identifying and executing growth opportunities. However, similar to the industry, we cannot predict the frequency or severity of storms across our geographical footprint. While there is still some uncertainty surrounding the number of claims from these events, our primary efforts are to deliver high-quality, prompt and efficient claims service in order to provide a positive experience for both our agents and policyholders.”
Reported Earnings • May 07First quarter 2022 earnings released: EPS: US$0.089 (vs US$0.45 in 1Q 2021)First quarter 2022 results: EPS: US$0.089 (down from US$0.45 in 1Q 2021). Revenue: US$66.1m (down 6.6% from 1Q 2021). Net income: US$1.91m (down 80% from 1Q 2021). Profit margin: 2.9% (down from 14% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Cindy Launer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.39 (down from US$1.86 in FY 2020). Revenue: US$324.0m (up 5.8% from FY 2020). Net income: US$8.42m (down 79% from FY 2020). Profit margin: 2.6% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Combined ratio: 104.4% (up from 89.4% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Cindy Launer was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 08Third quarter 2021 earnings released: US$0.22 loss per share (vs US$0.17 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$84.6m (up 4.6% from 3Q 2020). Net loss: US$4.74m (down 229% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
Reported Earnings • Aug 06Second quarter 2021 earnings released: US$0.12 loss per share (vs US$0.86 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$83.2m (down 13% from 2Q 2020). Net loss: US$2.64m (down 114% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Executive Departure • Jun 04CFO, Executive VP, Secretary & Treasurer Brian Doom has left the companyDuring their tenure, earnings grew by 105% annually compared to the industry average of 11%. On the 25th of May, Brian Doom left the company after 4.2 in the role. As of March 2021, Brian still personally held 51.79k shares (US$957k worth at the time). Brian is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.17 years.
분석 기사 • May 19Increases to CEO Compensation Might Be Put On Hold For Now at NI Holdings, Inc. (NASDAQ:NODK)Performance at NI Holdings, Inc. ( NASDAQ:NODK ) has been reasonably good and CEO Jim Alexander has done a decent job...
분석 기사 • Mar 12Could The NI Holdings, Inc. (NASDAQ:NODK) Ownership Structure Tell Us Something Useful?If you want to know who really controls NI Holdings, Inc. ( NASDAQ:NODK ), then you'll have to look at the makeup of...
Reported Earnings • Mar 12Full year 2020 earnings released: EPS US$1.86 (vs US$1.19 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$306.4m (up 13% from FY 2019). Net income: US$40.4m (up 53% from FY 2019). Profit margin: 13% (up from 9.8% in FY 2019). The increase in margin was driven by higher revenue. Combined ratio: 89.4% (down from 96.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 25New 90-day high: US$18.35The company is up 4.0% from its price of US$17.64 on 25 November 2020. The American market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 9.0% over the same period.
분석 기사 • Feb 19Here's Why We Think NI Holdings (NASDAQ:NODK) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
분석 기사 • Feb 01Did You Miss NI Holdings' (NASDAQ:NODK) 11% Share Price Gain?On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path...
분석 기사 • Jan 08Read This Before Selling NI Holdings, Inc. (NASDAQ:NODK) SharesIt is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
Is New 90 Day High Low • Jan 04New 90-day low: US$16.17The company is down 2.0% from its price of US$16.51 on 06 October 2020. The American market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 14% over the same period.
분석 기사 • Dec 18Is NI Holdings, Inc.'s(NASDAQ:NODK) Recent Stock Performance Tethered To Its Strong Fundamentals?NI Holdings' (NASDAQ:NODK) stock is up by a considerable 13% over the past three months. Given the company's impressive...
Is New 90 Day High Low • Dec 16New 90-day high: US$17.98The company is up 14% from its price of US$15.76 on 16 September 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 13% over the same period.
Is New 90 Day High Low • Nov 11New 90-day high: US$17.60The company is up 3.0% from its price of US$17.05 on 12 August 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 5.0% over the same period.
Reported Earnings • Nov 06Third quarter 2020 earnings released: EPS US$0.17The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$80.9m (up 15% from 3Q 2019). Net income: US$3.66m (up US$10.6m from 3Q 2019). Profit margin: 4.5% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 10New 90-day high: US$17.10The company is up 10.0% from its price of US$15.49 on 10 July 2020. The American market is also up 10.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Insurance industry, which is up 7.0% over the same period.