MARKET COMPOSITE
NODK - NI Holdings Inc8:00:00 PM 4/24/2024
Price
$15.11
-0.17 (-1.11%)
NI Holdings, Inc. underwrites property and casualty insurance products in North Dakota, South Dakota, Nebraska, Minnesota, Nevada, Arizona, and Illinois. The company's products include multi-peril crop, crop hail, private passenger automobile, farm owners, homeowners, and commercial property and liability insurance policies, as well as non-standard automobile insurance products. It distributes its insurance products through independent producers and independent agents. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. operates as a subsidiary of Nodak Mutual Group, Inc.
Financials
Quarterly financials
(USD)Jun 2023Q/Q
Revenue499K+82%
Gross Profit16.6MM-11%
Cost Of Revenue-16.1MM-
Operating Income-10.4MM+89%
Operating Expenses--
Net Income-8.1MM+93%
Amortization118K-
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Stock news

    NI Holdings, Inc. ( NASDAQ:NODK ) shareholders should be happy to see the share price up 16% in the last quarter. But...

    FARGO, N.D., March 15, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the year ended December 31, 2023. Summary of Year-End 2023 Results(All comparisons vs. year-end 2022, unless noted otherwise) Direct written premiums of $102.4 million, up 16.2% compared to the prior year quarter and full year direct written premiums of $418.4 million, up 7.4% compared to prior year. Growth in both periods was driven by Non-Standard Auto and Private Passenger Auto.Net ear

    FARGO, N.D., Nov. 07, 2023 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended September 30, 2023. Summary of Third Quarter 2023 Results(All comparisons vs. the third quarter of 2022, unless noted otherwise) Direct written premiums of $81.2 million, flat to prior year, driven by increases in Non-Standard Auto (17.9%), Private Passenger Auto (10.4%) and Home and Farm (7.1%), offset by a decrease in Crop.Net earned premiums of $90.8 million, up 1.4%.C

    As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock...

    FARGO, N.D., Aug. 08, 2023 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended June 30, 2023. Summary of Second Quarter 2023 Results(All comparisons vs. the second quarter of 2022, unless noted otherwise) Direct written premiums of $144.3 million, flat to prior year, driven by a 10.4% increase in Private Passenger Auto, offset by a 13.8% decrease in Non-Standard Auto.Net earned premiums of $94.2 million, up 11.4%.Combined Ratio of 114.0% versus 159.

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    FARGO, N.D., May 08, 2023 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended March 31, 2023. Summary of First Quarter 2023 Results(All comparisons vs. the first quarter of 2022, unless noted otherwise) Direct written premiums of $90.6 million, up 19.9%, driven by Non-Standard Auto up 52.0%, Commercial up 19.9% and Private Passenger Auto up 10.7%Net earned premiums of $77.6 million, up 11.6%Combined ratio of 112.2% versus 91.3%, driven by elevated l

    OLDWICK, N.J., April 25, 2023--AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of "a+" (Excellent) for the members of Nodak Insurance Group (Nodak). The outlook of the FSR is stable. Concurrently, AM Best has revised the outlook to negative from stable and affirmed the Long-Term ICR of "bbb+" (Good) of NI Holdings, Inc. (Fargo, ND) [NASDAQ: NODK

    NI Holdings ( NASDAQ:NODK ) Full Year 2022 Results Key Financial Results Revenue: US$324.4m (flat on FY 2021). Net...

    FARGO, N.D., March 08, 2023 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the year ended December 31, 2022. Summary of Year-End 2022 Results(All comparisons vs. year-end 2021, unless noted otherwise) Direct written premiums of $88.1 million, up 16.9% compared to prior year quarter and full year direct written premiums of $389.7 million, up 13.9% compared to prior yearDirect written premium growth across all segments compared to prior year, led by Non-Standard A