NI Holdings, Inc.

NasdaqCM:NODK Stock Report

Market Cap: US$263.9m

NI Holdings Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Seth Daggett

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage26.57%
CEO tenureless than a year
CEO ownership0.07%
Management average tenureno data
Board average tenure8.2yrs

Recent management updates

Recent updates

NI Holdings, Inc.'s (NASDAQ:NODK) P/S Is On The Mark

Mar 16
NI Holdings, Inc.'s (NASDAQ:NODK) P/S Is On The Mark

NI expects sees $49M loss in Q2 owing to severe storms in South Dakota and Nebraska

Jul 22

Increases to CEO Compensation Might Be Put On Hold For Now at NI Holdings, Inc. (NASDAQ:NODK)

May 19
Increases to CEO Compensation Might Be Put On Hold For Now at NI Holdings, Inc. (NASDAQ:NODK)

Could The NI Holdings, Inc. (NASDAQ:NODK) Ownership Structure Tell Us Something Useful?

Mar 12
Could The NI Holdings, Inc. (NASDAQ:NODK) Ownership Structure Tell Us Something Useful?

Here's Why We Think NI Holdings (NASDAQ:NODK) Is Well Worth Watching

Feb 19
Here's Why We Think NI Holdings (NASDAQ:NODK) Is Well Worth Watching

Did You Miss NI Holdings' (NASDAQ:NODK) 11% Share Price Gain?

Feb 01
Did You Miss NI Holdings' (NASDAQ:NODK) 11% Share Price Gain?

Read This Before Selling NI Holdings, Inc. (NASDAQ:NODK) Shares

Jan 08
Read This Before Selling NI Holdings, Inc. (NASDAQ:NODK) Shares

Is NI Holdings, Inc.'s(NASDAQ:NODK) Recent Stock Performance Tethered To Its Strong Fundamentals?

Dec 18
Is NI Holdings, Inc.'s(NASDAQ:NODK) Recent Stock Performance Tethered To Its Strong Fundamentals?

CEO Compensation Analysis

How has Seth Daggett's remuneration changed compared to NI Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$6m

Dec 31 2024US$2mUS$432k

US$7m

Sep 30 2024n/an/a

US$16m

Jun 30 2024n/an/a

US$19m

Mar 31 2024n/an/a

US$24m

Dec 31 2023US$837kUS$359k

US$20m

Sep 30 2023n/an/a

US$1m

Jun 30 2023n/an/a

-US$9m

Mar 31 2023n/an/a

-US$53m

Dec 31 2022US$733kUS$304k

-US$38m

Sep 30 2022n/an/a

-US$48m

Jun 30 2022n/an/a

-US$43m

Mar 31 2022n/an/a

US$656k

Dec 31 2021US$614kUS$277k

US$8m

Sep 30 2021n/an/a

US$24m

Jun 30 2021n/an/a

US$32m

Mar 31 2021n/an/a

US$54m

Dec 31 2020US$519kUS$261k

US$40m

Compensation vs Market: Seth's total compensation ($USD1.63M) is about average for companies of similar size in the US market ($USD1.72M).

Compensation vs Earnings: Seth's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Seth Daggett (45 yo)

less than a year
Tenure
US$1,626,028
Compensation

Mr. Seth Christopher Daggett, CPA, is President, CEO & Director of Primero Insurance Company and Nodak Insurance Company. He serves as the President, Chief Executive Officer and Director of NI Holdings on...

Board Members

NamePositionTenureCompensationOwnership
Seth Daggett
Presidentless than a yearUS$1.63m0.066%
$ 173.1k
Eric Aasmundstad
Independent Chairman of the Board28.3yrsUS$159.02k0.11%
$ 299.8k
Duaine Espegard
Independent Director8.2yrsUS$136.02k0.088%
$ 233.3k
Stephen Marlow
Independent Director8.2yrsUS$140.02k0.11%
$ 279.2k
William Devlin
Independent Vice Chairman of the Board22.3yrsUS$151.02k0.11%
$ 292.0k
Jeffrey Missling
Director8.3yrsUS$112.02k0.091%
$ 241.0k
Cindy Launer
Independent Non-Executive Director5.5yrsUS$1.36mno data
Dave Stende
Independent Directorless than a yearno datano data
Prakash Mathew
Independent Director2.3yrsUS$136.02k0.018%
$ 48.5k
8.2yrs
Average Tenure
65yo
Average Age

Experienced Board: NODK's board of directors are considered experienced (8.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/25 19:18
End of Day Share Price 2025/05/23 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NI Holdings, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.