American National Insurance Company, together with its subsidiaries, provides various insurance products and services in the United States, the District of Columbia, and Puerto Rico.
Undervalued average dividend payer.
Share Price & News
How has American National Insurance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ANAT has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ANAT underperformed the US Insurance industry which returned 17.5% over the past year.
Return vs Market: ANAT underperformed the US Market which returned 20.3% over the past year.
Price Volatility Vs. Market
How volatile is American National Insurance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StAmerican National Insurance Company (NASDAQ:ANAT) Is An Attractive Dividend Stock - Here's Why
1 month ago | Simply Wall StDid You Miss American National Insurance's (NASDAQ:ANAT) 13% Share Price Gain?
1 month ago | Simply Wall StDo Institutions Own Shares In American National Insurance Company (NASDAQ:ANAT)?
Is American National Insurance undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ANAT ($110.27) is trading below our estimate of fair value ($214.91)
Significantly Below Fair Value: ANAT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ANAT is good value based on its PE Ratio (8.9x) compared to the Insurance industry average (13.8x).
PE vs Market: ANAT is good value based on its PE Ratio (8.9x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ANAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ANAT is good value based on its PB Ratio (0.5x) compared to the US Insurance industry average (1.2x).
How is American National Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as American National Insurance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether American National Insurance is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Insurance industry.
How has American National Insurance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANAT has high quality earnings.
Growing Profit Margin: ANAT's current net profit margins (9.4%) are lower than last year (16.6%).
Past Earnings Growth Analysis
Earnings Trend: ANAT's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: ANAT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ANAT had negative earnings growth (-46.6%) over the past year, making it difficult to compare to the Insurance industry average (23.9%).
Return on Equity
High ROE: ANAT's Return on Equity (5.9%) is considered low.
Return on Assets
Return on Capital Employed
How is American National Insurance's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: ANAT has a low level of unsold assets or inventory.
Debt Coverage by Assets: ANAT's debt is covered by short term assets (assets are 11.9x debt).
Financial Institutions Analysis
Asset Level: ANAT's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if ANAT has a sufficient allowance for bad loans.
Low Risk Liabilities: ANAT reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if ANAT has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ANAT has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if ANAT has an appropriate level of bad loans.
What is American National Insurance's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ANAT's dividend (2.97%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: ANAT's dividend (2.97%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: ANAT's dividends per share have been stable in the past 10 years.
Growing Dividend: ANAT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.6%), ANAT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Pozzi (68yo)
Mr. James E. Pozzi has been the President of American National Insurance Co. since May 1, 2012 and has been its Chief Executive Officer since May 1, 2015. Mr. Pozzi served as the President and Chief Operat ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD4.11M) is about average for companies of similar size in the US market ($USD4.89M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive VP of ML and P&C Operations||2.5yrs||US$988.02k||0.026% $771.8k|
|Executive VP||7.1yrs||US$741.39k||0.013% $400.5k|
|Executive Vice President of Independent Marketing Group||21.1yrs||US$1.26m||0.0067% $198.5k|
|Executive Vice President of Career Sales & Service Division||10.8yrs||US$782.97k||0.015% $454.7k|
|Senior VP & Chief Securities Investment Officer||2.1yrs||no data||no data|
|Senior VP||14.1yrs||no data||no data|
|Assistant Vice President of Human Resources||21.9yrs||no data||no data|
|Senior Vice President of Corporate Digital Officer||14.1yrs||no data||no data|
|Senior Vice President of Life Claims & Customer Contact Center||0yrs||no data||no data|
Experienced Management: ANAT's management team is seasoned and experienced (10.8 years average tenure).
|Chairman Emeritus||4yrs||US$193.97k||no data|
|Chairman of the Board||3.1yrs||no data||0.010% $309.3k|
|Advisory Director||16.1yrs||US$160.09k||0.033% $970.0k|
|Independent Director||1.6yrs||US$178.92k||0.077% $2.3m|
|Independent Director||15.8yrs||US$205.47k||0.024% $700.9k|
|Independent Director||5.8yrs||US$218.61k||0.0086% $255.1k|
|Independent Director||19.1yrs||US$257.81k||0.049% $1.5m|
Experienced Board: ANAT's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
American National Insurance Company's company bio, employee growth, exchange listings and data sources
- Name: American National Insurance Company
- Ticker: ANAT
- Exchange: NasdaqGS
- Founded: 1905
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: US$2.980b
- Shares outstanding: 26.89m
- Website: https://www.americannational.com
Number of Employees
- American National Insurance Company
- One Moody Plaza
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ANAT||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1969|
|AHK||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1969|
American National Insurance Company, together with its subsidiaries, provides various insurance products and services in the United States, the District of Columbia, and Puerto Rico. The company’s Life segment offers whole life, term life, universal life, variable universal life, and credit life insurance products. Its Annuity segment provides deferred, variable, and single premium immediate annuity products. The company’s Health segment offers medicare supplement, supplemental, stop-loss, credit disability, and medical expense insurance. Its Property and Casualty segment provides personal lines insurance, such as auto, homeowners, boats, motorcycles, recreational vehicles, and other exposures; and commercial lines of insurance, including property and casualty coverage tailored for a farm, ranch, or other agricultural business within the rural and suburban markets, as well as business owners, property, liability, mortgage security insurance, and workers’ compensation coverages. This segment also offers credit-related property insurance products comprising collateral or creditor protection insurance; and guaranteed auto protection or guaranteed asset protection insurance. The company distributes its products through career and multiple-line agents, broker-dealers, independent insurance agents and brokers, managing general underwriters, marketing organizations, employee benefit firms, and financial institutions, as well as through direct marketing channels, Internet, and call centers. American National Insurance Company was founded in 1905 and is headquartered in Galveston, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 23:42|
|End of Day Share Price||2020/02/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.