Media stories about State National Companies (NASDAQ:SNC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. State National Companies earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 46.394238944841 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.
Several research firms have commented on SNC. BidaskClub lowered shares of State National Companies from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 12th. FBR & Co upped their price target on shares of State National Companies from $18.00 to $22.00 and gave the company an “outperform” rating in a report on Friday, July 14th. Zacks Investment Research lowered shares of State National Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, ValuEngine lowered shares of State National Companies from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 27th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $27.60.
State National Companies (SNC) traded up 0.4499% during midday trading on Wednesday, hitting $18.0609. 6,571 shares of the stock traded hands. State National Companies has a one year low of $9.90 and a one year high of $19.01. The company has a market cap of $761.68 million, a P/E ratio of 15.0507 and a beta of 1.04. The company’s 50 day moving average is $17.70 and its 200-day moving average is $15.23.
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 3rd. Investors of record on Monday, June 19th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend was Thursday, June 15th. State National Companies’s dividend payout ratio is currently 19.83%.
State National Companies Company Profile
State National Companies, Inc is a specialty provider of property and casualty insurance. The Company’s segments include Program Services, Lender Services and Corporate. In the Program Services segment, the Company operates an issuing carrier (fronting) business to provide insurance capacity access to the United States property and casualty insurance markets.
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