Federated National (NASDAQ:FNHC) Earning Somewhat Favorable Press Coverage, Analysis Shows

News headlines about Federated National (NASDAQ:FNHC) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Federated National earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 48.3028328085162 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several analysts recently weighed in on the stock. ValuEngine raised shares of Federated National from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Zacks Investment Research raised shares of Federated National from a “sell” rating to a “hold” rating in a report on Wednesday, January 24th. Finally, Keefe, Bruyette & Woods set a $22.00 price objective on shares of Federated National and gave the stock a “buy” rating in a report on Thursday, December 21st.

Federated National (NASDAQ FNHC) traded down $0.10 during mid-day trading on Wednesday, reaching $14.60. 38,541 shares of the company’s stock were exchanged, compared to its average volume of 46,208. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.02. Federated National has a 12 month low of $9.78 and a 12 month high of $21.19. The firm has a market capitalization of $189.01, a PE ratio of -20.70 and a beta of 1.29.

Federated National announced that its board has authorized a share repurchase program on Tuesday, December 19th that authorizes the company to buyback $10.00 million in outstanding shares. This buyback authorization authorizes the insurance provider to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 1st will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a $0.32 dividend on an annualized basis and a yield of 2.19%. Federated National’s payout ratio is currently -45.07%.

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Federated National 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.

Insider Buying and Selling by Quarter for Federated National (NASDAQ:FNHC)

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