Press coverage about National General (NASDAQ:NGHC) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. National General earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 45.5529195389893 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
National General (NGHC) traded up $0.33 during trading hours on Friday, hitting $18.65. The stock had a trading volume of 206,066 shares, compared to its average volume of 202,317. The company has a market capitalization of $1,989.41, a price-to-earnings ratio of 19.23 and a beta of 1.26. National General has a 52 week low of $16.21 and a 52 week high of $26.99.
National General (NASDAQ:NGHC) last issued its quarterly earnings data on Wednesday, November 8th. The insurance provider reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.11. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.09 billion. National General had a return on equity of 7.30% and a net margin of 2.62%. The business’s revenue was up 23.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.31 earnings per share. equities research analysts predict that National General will post 0.93 earnings per share for the current fiscal year.
Several equities research analysts have recently issued reports on NGHC shares. BidaskClub upgraded National General from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th. Zacks Investment Research cut National General from a “hold” rating to a “sell” rating in a report on Wednesday, December 6th. B. Riley restated a “buy” rating and set a $29.00 price objective on shares of National General in a research note on Monday, November 6th. Finally, TheStreet raised National General from a “c” rating to a “b” rating in a research report on Tuesday, November 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $26.00.
In other news, Director John Drake Nichols bought 24,500 shares of the business’s stock in a transaction on Monday, November 27th. The stock was purchased at an average cost of $20.45 per share, for a total transaction of $501,025.00. Following the completion of the transaction, the director now directly owns 24,500 shares of the company’s stock, valued at approximately $501,025. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.43% of the company’s stock.
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About National General
National General Holdings Corp. is a specialty personal lines insurance holding company. Through its subsidiaries, the Company provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.
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